Edgewater Completes Equity Investment in Tri-Tec Seal

Cleveland, Ohio – Edgewater Capital Partners (“Edgewater”) is pleased to announce that it has completed the acquisition of a controlling interest in Tri-Tec Seal, LLC (“Tri-Tec”), a leading designer and manufacturer of high performance rotary shaft seals for various end-markets, including mining, industrial, agricultural, oil and gas, and chemical industries. In addition to Tri-Tec’s attractive organic opportunities, Edgewater is keenly interested in executing add-on acquisitions that provide additional technological capabilities, complimentary products, and expand geographic and end-market exposure.

ABOUT EDGEWATER CAPITAL:
Edgewater Capital Partners, based in Cleveland, Ohio, is a private equity firm investing in lower middle market, performance materials companies, defined as specialty chemicals, pharmaceutical ingredients, and specialty materials. Through deep partnerships with superb management teams and knowledge developed through years of successful, industry-focused principal investing, Edgewater has the know-how to cultivate, support, and enhance the growth of its portfolio companies.

PARTIES INVOLVED:

Summary Information:
Company: Tri-Tec Seal, LLC
Industry: Industrial and Fluid Control Equipment
Location: Flint, Michigan
Acquisition Type: Buyout

Equity Investors:
Edgewater Capital Partners, LP
GMB Mezzanine Capital, L.P.
Castle Crow & Company

Debt Providers:
BMO Harris Bank
GMB Mezzanine Capital, L.P.
Castle Crow & Company

Buyer’s Legal Advisor:
Benesch, Friedlander, Coplan & Aronoff LLP

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