Investment Summary

Monument Microcap Partners Invests In EarthWay

On August 25, 2023, private equity firm Monument Microcap Partners invested in consumer products company EarthWay

Investment Highlights
  • This is Monument Microcap Partners’ 1st transaction in the Consumer Products sector.
  • This is Monument Microcap Partners’ 8th transaction in the United States.
  • This is Monument Microcap Partners’ 1st transaction in Indiana.

Investment Summary

Date 2023-08-25
Target EarthWay
Sector Consumer Products
Investor(s) Monument Microcap Partners
Deal Type Growth Capital

Target

EarthWay

Bristol, Indiana, United States
EarthWay is a manufacturer and innovator of precision lawn & garden products including spreaders, gardening tools, ice control equipment, and related accessories. It serves professional turf managers, master gardeners, snow removal professionals, and chemical applicators across both commercial and consumer sales channels. EarthWay is based in Bristol, 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

DESCRIPTION

Monument Microcap Partners is a private investment firm focused on acquiring small ($1 to $5 million of EBITDA) businesses throughout the US and Canada. The Firm looks to partner with and work alongside management to pursue growth opportunities (organic and add-ons) as well as improve operations. Broad areas of interest include niche manufacturing, business services, and value-added distribution. Monument Microcap Partners was established in 2018 and is headquartered in Indianapolis, Indiana.


DEAL STATS #
Overall 8 of 10
Sector (Consumer Products) 1 of 1
Type (Growth Capital) 1 of 3
State (Indiana) 1 of 1
Country (United States) 8 of 10
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-04 Montgomery DME

Santa Fe Springs, California, United States

Montgomery DME is a provider of DME on a rental basis to hospices located primarily in Los Angeles and surrounding counties. The Company rents and services equipment such as hospital beds, wheelchairs, oxygen concentrators, oxygen tanks, and recliners. MDME currently services approximately 3,000 hospice patients. Montgomery DME was founded in 1996 and is based in Santa Fe Springs, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-24 Sweet Tooth

Brentwood, New York, United States

Sweet Tooth is a provider of tooling and injection molding services operating two divisions: Micelli Chocolate Mold Company (“Micelli”) and Aztec Tooling & Injection Molding Company (“Aztec”). Micelli is a manufacturer of injection polycarbonate chocolate molds in North America and is the preferred supplier for a wide spectrum of North American chocolate manufacturers, ranging from artisanal chocolatiers to large-scale industrial chocolate manufacturers. Aztec specializes in custom tooling (molds) and injection molding services for commercial markets including point-of-purchase displays, food, pharmaceuticals, cosmetics, automotive and retail industries. Sweet Tooth is based in Brentwood, New York.

Buy -