Investment Summary

Granite Partners Invests In Massman Companies

On May 2, 2016, private equity firm Granite Partners invested in packaging company Massman Companies

Investment Highlights
  • This is Granite Partners’ 1st transaction in the Packaging sector.
  • This is Granite Partners’ 12th transaction in the United States.
  • This is Granite Partners’ 10th transaction in Minnesota.

Investment Summary

Date 2016-05-02
Target Massman Companies
Sector Packaging
Investor(s) Granite Partners
Deal Type Stake Purchase

Target

Massman Companies

Villard, Minnesota, United States
Massman Companies provide a full line of automated packaging equipment including pouch filling, case packaging, shrink wrapping, palletizing and liquid filling solutions. Massman Companies was founded in 1978 and is based in Villard, Minnesota.

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Investor(S) 1

Investor

Granite Partners

St. Cloud, Minnesota, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2002
Size Small
Type Sector Agnostic
DESCRIPTION

Granite Equity Partners is a private equity firm that invests in established companies headquartered in the upper Midwest, with a preference for Minnesota based opportunities. Granite looks for businesses in a wide range of industries and targets management buyouts, recapitalizations, and growth capital financing transactions. Prospective companies generally have revenues between $10 to $100 million and EBITDA between $1 to $5 million. Granite Equity Partners was formed in 2002 and is based in St. Cloud, Minnesota with additional office in Northfield, Minnesota.


DEAL STATS #
Overall 12 of 13
Sector (Packaging) 1 of 1
Type (Stake Purchase) 2 of 2
State (Minnesota) 10 of 11
Country (United States) 12 of 13
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-05 XL Specialized Trailers

Manchester, Iowa, United States

XL Specialized Trailers, Inc. is a manufacturer of specialized heavy-duty trailers for infrastructure, agricultural, utility, oil and gas, mining and alternative energy markets in North America.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-07 Altimate Medical

Morton, Minnesota, United States

Altimate Medical engages in the design, development, and manufacture of standing frames and equipment to improve the quality of life for kids and adults using wheelchairs. Altimate Medical was founded in 1987 and is based in Morton, Minnesota.

Buy -