Investment Summary

Parallel49 Equity Invests In Eden Valders Stone

On June 1, 2023, private equity firm Parallel49 Equity invested in building materials company Eden Valders Stone

Investment Highlights
  • This is Parallel49 Equity’s 2nd transaction in the Building Materials sector.
  • This is Parallel49 Equity’s 13th transaction in the United States.
  • This is Parallel49 Equity’s 1st transaction in Wisconsin.

Investment Summary

Date 2023-06-01
Target Eden Valders Stone
Sector Building Materials
Investor(s) Parallel49 Equity
Deal Type Growth Capital

Target

Eden Valders Stone

Eden, Wisconsin, United States
Eden Valders Stone is a natural stone producer that owns and operates ten quarries, which have been formed over time to create some of the most beautiful, durable, and high-performing natural stone in the world. Eden Valders Stone was founded in 1950 and is based in Eden, Wisconsin.

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Investor(S) 1

Investor

Parallel49 Equity

Vancouver, British Columbia, Canada

Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Parallel49 Equity is a private equity firm that invests in mid-sized companies in Canada and the US. The Firm concentrates its investment efforts in the Western and Mid-western regions of both countries. Target businesses generally have enterprise values of $25 to $150 million and are profitable with $5 to $30 million of EBITDA. Parallel49 pursues acquisitions of public or private companies, management-led buyouts, recapitalizations and sales of subsidiaries of larger companies. Broad areas of interest include manufacturing, service, and distribution. Parallel49 will not invest in start-ups, new technologies, turnarounds or companies active in real estate development, gaming, restaurant or primary resource sectors. Parallel49 was formerly known as Tricor Pacific Capital. The Firm has offices in Vancouver, British Columbia, and Chicago, Illinois.


DEAL STATS #
Overall 26 of 26
Sector (Building Materials) 2 of 2
Type (Growth Capital) 2 of 2
State (Wisconsin) 1 of 1
Country (United States) 13 of 13
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-14 MedTorque

Elmhurst, Illinois, United States

MedTorque is a designer, manufacturer, and marketer of customized, highly-engineered component parts and instruments that require the highest levels of tolerance for the medical and industrial OEM’s. MedTorque was established in 2011 and is based in Elmhurst, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-12 Road Safety Services

Omaha, Nebraska, United States

Road Safety Services is a provider of a diverse set of pavement marking and other road safety-related services. Road Safety Services is based in Omaha, Nebraska.

Sell -