Tribus Aerospace adds Bob Ellithorpe as Chief Executive Officer
FOR IMMEDIATE RELEASE – JULY 31, 2018 Tribus Aerospace LLC (“Tribus”) is pleased to announce that Robert (“Bob”) N. Ellithorpe has been appointed Chief Executive Officer and director of Tribus. Mr. Ellithorpe has over 30 years of experience in general management, program management, and operations at multiple aerospace and defense companies. Bob[…]
Power Grid Components, Inc. announces the acquisition of Instrument Transformer Equipment Corporation
FOR IMMEDIATE RELEASE – APRIL 13, 2018 Power Grid Components, Inc. (“Power Grid”), a company formed by Shorehill Capital LLC (“Shorehill”) and Rick McClure, an electrical power grid industry veteran, announced today the completion of the acquisition of Instrument Transformer Equipment Corporation (“ITEC”). This is Power Grid’s second acquisition. ITEC is a[…]
Shorehill Welcomes Charlie Denison as a Principal on the Investment Team
We are pleased to announce that Charlie Denison has joined Shorehill Capital LLC as the newest member of our investment team. Charlie is responsible for sourcing and closing new investments, conducting due diligence and executing portfolio management initiatives. Charlie joins Shorehill from the Boston Consulting Group, where he was a Project Leader within[…]
Belt Power LLC Acquires Regional Supply, LLC
FOR IMMEDIATE RELEASE – March 8, 2018 Shorehill Capital LLC (“Shorehill”) announced today that its portfolio company Belt Power LLC (“Belt Power” or the “Company”) completed the acquisition of Regional Supply, LLC (“Regional Supply”) on March 1, 2018. Belt Power is a leading full-service distributor and fabricator of lightweight conveyor system components, including[…]
Tribus Aerospace Corporation acquires Precision Aerospace Corporation and Precision Micro Mill LLC
FOR IMMEDIATE RELEASE – March 1, 2018 Tribus Aerospace LLC (“Tribus Aerospace”) announced today that an affiliate has completed the acquisitions of Precision Aerospace Corp. (“PAC”) and Precision Micro Mill LLC (“PMM”). Tribus Aerospace is a precision machining business focused on critical engine, motion control and flow control parts and assemblies primarily for the[…]
Shorehill Capital Announces the Formation of Power Grid Components, Inc. and the Acquisition of Newell-PSN, LLC and PSN Components, LLC
FOR IMMEDIATE RELEASE – February 7, 2018 Chicago-based private equity firm Shorehill Capital LLC (“Shorehill”) has formed Power Grid Components, Inc. (“Power Grid”) with electric power grid industry veteran Rick McClure. Power Grid will focus on acquiring companies that supply the highest quality products used by electric utilities, electric cooperatives, municipalities, equipment manufacturers,[…]
Shorehill Capital Welcomes Nathan Pastron as an Associate on the Investment Team
We are pleased to announce that Nathan Pastron has joined Shorehill Capital (“Shorehill”) as the newest member of the investment team. Nathan joined Shorehill in January 2018, bringing over three years of middle market transactional experience to the firm. As an Associate, he will be responsible for evaluating investment opportunities, conducting due diligence, and[…]
Tribus Aerospace adds Brenda Reichelderfer to its Board of Directors
Tribus Aerospace LLC (“Tribus”) is pleased to announce the appointment of Brenda Reichelderfer to its Board of Directors. Ms. Reichelderfer has over 30 years of experience in general management, engineering and operations at several multi-national aerospace & defense and industrial businesses. From November 2005 to May 2008, Ms. Reichelderfer was, Senior Vice President[…]
Shorehill Welcomes Michelle Eidson as Managing Director and Head of Business Development
We are pleased to announce that Michelle Eidson has joined Shorehill Capital LLC as Managing Director and head of Business Development. Michelle is responsible for Shorehill’s business development and investment sourcing initiatives. She will focus on establishing and maintaining relationships with investment banking firms, business brokers and other sources of deal flow, as well[…]
Tribus Aerospace Adds Directors Scott Shedd and Simon Farhi and Accelerates Search for Additional Acquisitions
Tribus Aerospace LLC (“Tribus Aerospace”) is pleased to announce the addition of C. Scott Shedd and Simon Farhi to the Board as Co-Chairmen. Mr. Shedd and Mr. Farhi will be responsible for acquisitions and business development. They will also be involved in corporate strategy and other board-related activities. Prior to joining Tribus Aerospace, Mr.[…]