Investment Summary

True West Capital Partners and Caltius Structured Capital Invest In Bulk Handling Systems

On April 12, 2018, private equity firm True West Capital Partners and mezzanine finance firm Caltius Structured Capital invested in machinery company Bulk Handling Systems

Investment Highlights
  • This is True West Capital Partners’ 1st and Caltius Structured Capital’s 3rd transaction in the Machinery sector.
  • This is True West Capital Partners’ 3rd and Caltius Structured Capital’s 49th transaction in the United States.
  • This is True West Capital Partners’ 1st and Caltius Structured Capital’s 3rd transaction in Oregon.

Investment Summary

Date 2018-04-12
Target Bulk Handling Systems
Sector Machinery
Investor(s) True West Capital Partners
Caltius Structured Capital
Deal Type Growth Capital

Target

Bulk Handling Systems

Eugene, Oregon, United States
Bulk Handling Systems is a designer, manufacturer and installer of premium conveying and screening systems for the solid waste and recycling materials processing industry. BHS develops and manufactures materials processing equipment for waste processing facilities. The company's systems sort solid waste and recyclable materials streams into resalable products. BHS' emphasis on reducing costs and improving processing efficiency for its customers has propelled it to the forefront of the materials processing industry and positioned the company as a leading global provider of recycling equipment. Bulk Handling Systems was founded in 1976 and is based in Eugene, Oregon.

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Investor(S) 2

DESCRIPTION

True West Capital Partners is a private investment firm focused on lower middle-market company investments in the Western US. The Firm looks to commit $5 to $25 million into profitable businesses to support acquisitions, growth initiatives, buyouts, recapitalizations, and refinancings. True West does not have any sector preferences, but does avoid real estate, startups and project financings. True West Capital Partners was formed in 2009 and is headquartered in Los Angeles, California.


DEAL STATS #
Overall 3 of 20
Sector (Machinery) 1 of 2
Type (Growth Capital) 2 of 10
State (Oregon) 1 of 1
Country (United States) 3 of 20
Year (2018) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-09 C2G International

Aliso Viejo, California, United States

C2G International LLC is a provider of construction consulting services in the areas of claim defense and preparation, change order analysis, contract cost reconciliation, CPM scheduling, productivity analyses, engineering and design, contract development, cost audits, lost profit studies, dispute resolution, litigation support, and expert witness testimony across all sectors of the construction industry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-01 P3 Services

Auburn, Washington, United States

P3 Services is a provider of plumbing installation and maintenance and repair services to the multi-family, light commercial, and single-family end markets with operations in Austin, Charlotte, Dallas, Houston, San Antonio, and Seattle. P3 Services was founded in 1985 and is based in Auburn, Washington.

Buy -
Investor

Caltius Structured Capital

Los Angeles, California, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 1997
PE ASSETS 1.4B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Caltius Structured Capital is an investment firm focused on providing junior debt and minority equity to lower middle-market companies throughout North America. The Firm looks to invest between $7 to $50 million in companies with revenues of $15 to $250 million. The Firm pursues a variety of transaction types, including management buyouts, growth financings, and acquisition financings. Sectors of interest include business services, consumer products/services, healthcare services, manufacturing, tech-enabled services, and staffing. Caltius Structured Capital was formed in 1997 and is based in Los Angeles, California.


DEAL STATS #
Overall 49 of 53
Sector (Machinery) 3 of 3
Type (Growth Capital) 10 of 12
State (Oregon) 3 of 3
Country (United States) 49 of 53
Year (2018) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-30 Ashley Furniture

New Braunfels, Texas, United States

Hill Country Holdings is a licensee and independent operator of the largest furniture retailer in the United States, Ashley Furniture HomeStores (“Ashley”). Ashley is the retail network of the world’s largest home furniture manufacturer, Ashley Furniture Industries. HCH was founded in 2002 and is based in New Braunfels, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-27 Walker Edison

Salt Lake City, Utah, United States

Walker Edison is a provider of innovative, affordable home furnishings to global e-commerce platforms. global e-commerce platforms to provide innovative home furnishings at affordable prices. Walker Edison was founded in 2006 and is based in Salt Lake City, Utah.

Sell -