Investment Summary

CW Industrial Partners Invests In ERL Marine

On December 3, 2020, private equity firm CW Industrial Partners invested in manufacturer ERL Marine

Investment Highlights
  • This is CW Industrial Partners’ 6th transaction in the Manufacturing sector.
  • This is CW Industrial Partners’ 21st transaction in the United States.
  • This is CW Industrial Partners’ 3rd transaction in Indiana.

Investment Summary

Date 2020-12-03
Target ERL Marine
Sector Manufacturing
Investor(s) CW Industrial Partners
Deal Type Growth Capital

Target

ERL Marine

New Albany, Indiana, United States
ERL Marine is a manufacturer of pumping, gauging, venting, environmental and related solutions for tank barges as well as railroad cars. ERL Marine was founded in 1970 and is based in New Albany, Indiana.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

CW Industrial Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 500M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

CW Industrial Partners is an industrial-focused private equity firm that is backed by knowledgeable investors who partner with it in finding, vetting, and owning companies. CW Industrial Partners acquires lower middle-market companies in manufacturing and industrial services industries and provides capital, support, and freedom to grow. CW Industrial Partners was founded in 1999 and is based in Cleveland, Ohio.


DEAL STATS #
Overall 23 of 27
Sector (Manufacturing) 6 of 8
Type (Growth Capital) 3 of 3
State (Indiana) 3 of 4
Country (United States) 21 of 25
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-16 Gemcity Engineering and Manufacturing

Dayton, Ohio, United States

Gemcity Engineering and Manufacturing is a contract and specialized equipment manufacturer of highly engineered products serving the defense, healthcare, semiconductor, and industrial machinery markets. Gemcity Engineering and Manufacturing is based in Dayton, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-02 Bancsource

Springfield, Missouri, United States

Bancsource is a nationwide maintenance service (equipment) provider to more than 1,500 banks and retailers. Key technology serviced includes ATMs, smart safes, teller cash dispensers, teller cash recyclers, drive-up banking, branch banking equipment, and other banking technology. Bancsource was founded in 1979 and is based in Springfield, Missouri.

Sell -