A Trusted Partner for Unprecedented Times
The Shorehill team hopes that you, your families, your colleagues and your business partners are all staying healthy during these truly trying times. We offer our profound thanks to all those organizations and individuals who have stepped up to respond in the world’s time of need. While this current crisis has rattled the[…]
2019 – An Extraordinary Year for Shorehill Capital
Two New Platforms For a detailed look at our portfolio, click here. Please reach out to our Origination team (Rob Hogan and Robert Jackson) related to new investment opportunities. Two New Add-on Acquisitions For a detailed look at the investment criteria for our portfolio companies, click here. Two New Team Members In[…]
Power Grid Components, Inc. announces the acquisition of Royal Switchgear Manufacturing Company, Inc.
FOR IMMEDIATE RELEASE – JANUARY 13, 2020 Power Grid Components, Inc. (“Power Grid”) announced today that it completed the acquisition of Royal Switchgear Manufacturing Company, Inc. (“Royal”). The transaction closed in December 2019 and represents Power Grid’s fourth acquisition. Power Grid is a supplier of high-quality mission critical products used in the North[…]
Shorehill Acquires Ownership Interest in Triad Technologies, LLC
FOR IMMEDIATE RELEASE – November 7, 2019 Shorehill Capital LLC (“Shorehill”) announced today that it acquired an ownership interest in Triad Technologies, LLC (“Triad” or the “Company”) in partnership with the Company’s management team and the Wissman family. Headquartered in Vandalia, Ohio, Triad is a value-added distributor of industrial fluid power and automation[…]
Shorehill Capital Recognized as Leading Private Equity Firm for Entrepreneurs
FOR IMMEDIATE RELEASE – September 16, 2019 Shorehill Capital LLC (“Shorehill”) is pleased to acknowledge our inclusion in Inc. magazine’s inaugural list of Top 50 Best Private Equity Firms for Entrepreneurs. This list, which appeared in the magazine’s July/August 2019 issue, identifies private equity firms with a track record of successfully backing entrepreneurs.[…]
Tribus Aerospace acquires Midwest Precision
FOR IMMEDIATE RELEASE – March 8, 2019 Tribus Aerospace Corp. (“Tribus Aerospace”) announced today that it has completed the acquisition of Midwest Precision Holdings Inc. and related entities (“Midwest Precision”). Tribus Aerospace is a manufacturer of precision components for aerospace, defense and industrial markets. Shorehill Private Equity LP (“Shorehill Capital”), the majority shareholder[…]
Shorehill Acquires Majority Ownership Interest in Functional Devices LLC
FOR IMMEDIATE RELEASE – January 8, 2019 Shorehill Capital LLC (“Shorehill”) announced today that it acquired a majority ownership interest in Functional Devices LLC (“Functional Devices” or the “Company”) in partnership with the Company’s management team and Ken Rittmann, the Company’s prior owner. Headquartered in Sharpsville, Indiana, Functional Devices is a leading US-based[…]
Belt Power Names Don Heitmeier as Chief Executive Officer
FOR IMMEDIATE RELEASE – December 3, 2018 Belt Power LLC (“Belt Power” or the “Company”) is pleased to announce that Don Heitmeier has been appointed President, Chief Executive Officer and director of Belt Power. Mr. Heitmeier has over 30 years of distribution experience with two of the leaders in the wholesale distribution space.[…]
Power Grid Components, Inc. Makes Two Strategic Appointments to the Board of Directors
FOR IMMEDIATE RELEASE – AUGUST 1, 2018 Power Grid Components, Inc. (“Power Grid”) is pleased to announce that electric utility industry veterans David (Dave) Pacyna and Thomas (Tom) Smith have joined the Board of Directors. Dave and Tom respectively have over 35 years of industry and operational experience as suppliers to the electric[…]
Power Grid Components, Inc. Appoints a CFO
FOR IMMEDIATE RELEASE – AUGUST 1, 2018 Power Grid Components, Inc. (“Power Grid”) is pleased to announce that Keith Mayer has joined the Company as Chief Financial Officer. Keith has over twenty years of experience as a finance executive within manufacturing and distribution companies. For the last decade, Keith Mayer served as[…]