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.[…]
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[…]