News

January 9, 2023

Triad Technologies, LLC Expands Illinois Presence with the Acquisition of Industrial Service Products, LLC

FOR IMMEDIATE RELEASE – January 9, 2023 Triad Technologies, LLC (“Triad”), a leading distributor of fluid power, industrial automation and fluid conveyance products, announced today that it completed the acquisition of Industrial Service Products, LLC (“ISP” or the “Company”) on December 30, 2022. ISP is a value-added distributor of custom fabricated hose, valves,[…]

December 20, 2022

Power Grid Components, Inc. Announces the Acquisition of Meister International

FOR IMMEDIATE RELEASE – DECEMBER 20, 2022 Power Grid Components, Inc. (“Power Grid”) announced today that it completed the acquisition of Meister International (“Meister”). The transaction closed in November 2022 and represents Power Grid’s fifth acquisition. Power Grid is a supplier of high-quality products used to build, maintain and upgrade the North American[…]

December 5, 2022

Functional Devices Promotes Mark Fernandes to Chief Executive Officer

FOR IMMEDIATE RELEASE – December 5, 2022 Shorehill Capital LLC (“Shorehill”) is pleased to announce the promotion of Mark Fernandes to Chief Executive Officer of Functional Devices, Inc. (“Functional Devices” or the “Company”). Mark Fernandes joined the Company in 2003 as an engineer after graduating with a bachelor’s degree in Electrical Engineering[…]

November 14, 2022

Functional Devices Inducted into Indiana Manufacturers Association Hall of Fame

FOR IMMEDIATE RELEASE – November 14, 2022 Shorehill Capital LLC is pleased to announce that portfolio company Functional Devices, Inc. was recently inducted into the Manufacturers Hall of Fame by the Indiana Manufacturers Association (“IMA”). The Manufacturers Hall of Fame inductees are chosen by the IMA for their long-time commitment to Indiana’s manufacturing[…]

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