Investment Summary

Pummerin Investments Invests In Aspen Manufacturing

On September 16, 2011, private equity firm Pummerin Investments invested in manufacturer Aspen Manufacturing

Investment Highlights
  • This is Pummerin Investments’ 1st transaction in the Manufacturing sector.
  • This is Pummerin Investments’ 1st transaction in the United States.
  • This is Pummerin Investments’ 1st transaction in Texas.
Investment Fate
  • Aspen Manufacturing was sold to a strategic buyer in 2025 for 314M USD.

Investment Summary

Date 2011-09-16
Target Aspen Manufacturing
Sector Manufacturing
Investor(s) Pummerin Investments
Deal Type Stake Purchase
Advisor(s) Apex Partners (Financial)

Target

Aspen Manufacturing

Humble, Texas, United States
Aspen Manufacturing is a coil manufacturer, that offers a broad range of residential and light commercial evaporator coils, coils and blowers for manufactured homes, air handlers, and line sets and is sold throughout the United States and Canada by wholesalers and distributors. Aspen utilizes state-of-the-art fabrication and assembly equipment as well as stringent quality inspections to maintain the highest possible quality in all its products. Aspen Manufacturing is based in Humble, Texas.

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Investor(S) 1

Investor

Pummerin Investments

Houston, Texas, United States

Category Private Equity Firm
Founded 2010
PE ASSETS 15M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Pummerin Investments is a private equity firm focused on investments in smaller businesses. Funds are generally used to finance growth, provide liquidity, or for restructuring needs. Pummerin looks to invest $2 to $6 million in companies with at least $5 million of revenue and cash flow of $1 million. The Firm will consider both complete acquisitions as well as minority investments. Sectors of interest include retail, consumer goods, consumer services, energy, industrials, manufacturing, financial services, and technology. Pummerin will not consider investments in real estate or oil/gas exploration/production. Pummerin is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2011 M&A 1 of 1