M&A Deal Summary

Milton Street Capital Acquires ProVeyance

On September 22, 2022, private equity firm Milton Street Capital acquired manufacturer ProVeyance

Acquisition Highlights
  • This is Milton Street Capital’s 1st transaction in the Manufacturing sector.
  • This is Milton Street Capital’s 5th transaction in the United States.
  • This is Milton Street Capital’s 2nd transaction in Ohio.

M&A Deal Summary

Date 2022-09-22
Target ProVeyance
Sector Manufacturing
Buyer(s) Milton Street Capital
Deal Type Consolidation

Target

ProVeyance

Holland, Ohio, United States
ProVeyance is a manufacturer of advanced conveyance components and subsystems for package and material handling applications through two branded companies. ProVeyance is based in Holland, Ohio.

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

Buyer(S) 1

Buyer

Milton Street Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2016
PE ASSETS 1.1B USD
Size Large
Type Sector Focused
DESCRIPTION

Milton Street Capital is a private equity firm focused on acquiring profitable, middle-market industrial companies throughout North America. Prospective transaction types include family owned buyouts, corporate divestitures, and complex situations. The Firm looks to be a hands-on partner, working with management to transform and improve investee companies. Milton Street Capital was established in 2016 and is based in Houston, Texas.


DEAL STATS #
Overall 5 of 6
Sector (Manufacturing) 1 of 1
Type (Consolidation) 1 of 1
State (Ohio) 2 of 2
Country (United States) 5 of 6
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-22 Woodsage

Holland, Ohio, United States

Woodsage manufactures and markets specialty steel rollers and other components used in conveyor system solutions across the material handling industry. Woodsage was founded in 1975 and is based in Holland, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-04 Purge Rite

Willis, Texas, United States

Purge Rite is a provider of mechanical flushing and filtration services for water-based HVAC and geothermal systems. Purge Rite was founded in 2008 and is based in Willis, Texas.

Buy -