Shorehill Capital Announces Formation of Tribus Aerospace LLC and Acquisition of Advanced Machining & Tooling, Inc.
June 8, 2017 – Chicago-based private equity firm Shorehill Capital LLC (“Shorehill”) has formed Tribus Aerospace LLC (“Tribus Aerospace”) to acquire Advanced Machining & Tooling, LLC (“AM&T”), a manufacturer of complex, precision machined parts and assemblies. Shorehill Private Equity LP is the majority shareholder of Tribus Aerospace, which intends to acquire precision machining businesses[…]
Belt Power LLC Welcomes Chip Jones as Chief Financial Officer
We are pleased to announce that Terry “Chip” Jones has joined Belt Power LLC as the Company’s Chief Financial Officer, effective January 23, 2017. Chip is a seasoned executive with expertise in manufacturing, accounting, process improvement, financial operations and strategic planning. He will be responsible for the finance, accounting, credit, risk management, human resources[…]
Belt Power LLC Acquires Sun Belt Inc.
Atlanta GA – Belt Power LLC (“Belt Power” or the “Company”) announced today that it completed the acquisition of Sun Belt Inc. (“Sun Belt”) on August 1, 2016. Belt Power is a leading full service distributor and fabricator of lightweight conveyor system components, including conveyor belts, equipment and accessories and rubber, hose and gasket[…]
Shorehill Capital Acquires Majority Interest in Belt Power LLC
An affiliate of Chicago‐based private equity firm Shorehill Capital LLC has acquired a majority interest in Belt Power LLC, a distributor of lightweight conveyor belts and belting accessories. Headquartered in Atlanta, Georgia, Belt Power is a full‐service distributor and fabricator of conveyor system components, including conveyor belts, equipment, accessories and rubber, hose and gasket[…]