News

March 8, 2019

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[…]

January 8, 2019

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[…]

December 3, 2018

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.[…]

August 1, 2018

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[…]

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