Press Releases

Press Releases

Hennepin Partners Advises Scotchman on its Recapitalization by Emko

Philip, SD – Emko Capital has recapitalized two iconic metal fabrication equipment brands — Scotchman Industries and Steelmax Tools — to create SMX Industrial Solutions. Hennepin Partners acted as Scotchman’s exclusive financial advisor and Gunderson, Palmer, Nelson & Ashmore, LLP was Scotchman’s legal advisor. Emko partnered with Tecum Capital and Woodforest National Bank to finance the transaction. Terms […]

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Press Releases

Hennepin Partners Advises U.S. Compliance on its Sale to Susquehanna Private Capital

Minneapolis, MN – Hennepin Partners acted as exclusive financial advisor to U.S. Compliance (the “Company”), a leading provider of environmental, health and safety (“EHS”) compliance management solutions to facilities operating across a variety of end markets throughout North America, on its sale to Susquehanna Private Capital (“SPC”). Fredrikson & Byron acted as U.S. Compliance’s legal counsel. U.S. […]

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Press Releases

Hennepin Partners Advises Elgin Fastener Group on its Sale to MW Industries

Wheeling, IL – Elgin Fastener Group (“EFG”) has been acquired by MW Industries, a portfolio company of American Securities. Hennepin Partners served as EFG’s exclusive financial advisor and Fredrikson & Byron P.A. served as legal counsel. The transaction closed on September 8, 2023. Terms of the transaction were not disclosed. Headquartered in Wheeling, IL, Elgin Fastener […]

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Press Releases

Hennepin Partners Advises TD&I on its Sale to Tower Arch

Lakeland, MN – Hennepin Partners acted as exclusive financial advisor to TD&I Cable Maintenance (“TD&I” or the “Company”) on its sale to Tower Arch Capital.  The transaction closed on June 30, 2023.  Fabyankse, Westra, Hart & Thompson acted as TD&I’s legal counsel. Headquartered in Lakeland, Minnesota, TD&I is a specialty infrastructure services provider to the […]

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Press Releases

Hennepin Partners Advises New Age Cryo on its Sale

Ringwood, IL – New Age Cryo (“New Age”), a portfolio company of Hadley Capital, has been acquired by an undisclosed buyer. Hennepin Partners served as New Age’s exclusive financial advisor and Feinberg Hanson LLP served as legal counsel. The transaction closed on May 22, 2023. Terms of the transaction were not disclosed. Headquartered in Ringwood, IL, […]

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Press Releases

Hennepin Partners Advises ASPEQ Heating Group on its Sale to SPX Technologies (NYSE:SPXC)

St. Louis, MO – ASPEQ Heating Group (“ASPEQ” or the “Company”), a portfolio company of Industrial Growth Partners (“IGP”) and a leading provider of custom-configured electric heating and thermal management products to the industrial, commercial, military, marine and transportation markets, has been acquired by SPX Technologies (NYSE:SPXC). Hennepin Partners acted as a financial advisor to […]

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