Investment Summary

Vintage Fund Management Exits Lubricating Specialties Co.

On January 1, 2016, private equity firm Pacific Growth Investors invested in chemicals company Lubricating Specialties Co. from Vintage Fund Management

Investment Highlights
  • This is Pacific Growth Investors’ 1st transaction in the Chemicals sector.
  • This is Pacific Growth Investors’ 1st transaction in the United States.
  • This is Pacific Growth Investors’ 1st transaction in California.
Investment Fate
  • Lubricating Specialties Co. was sold to a strategic buyer in 2019.

Investment Summary

Date 2016-01-01
Target Lubricating Specialties Co.
Sector Chemicals
Investor(s) Pacific Growth Investors
Sellers(s) Vintage Fund Management
Deal Type Secondary Buyout

Target

Lubricating Specialties Co.

Pico Rivera, California, United States
Lubricating Specialties Co., Inc. is a manufacturer of lubricating oils and greases, blending and packaging of lubricant oils for auto, truck, and marine applications, manufacturing specialty greases and other lubricants for niche industrial purposes and providing bulk storage and blending of petroleum additives and related products. Lubricating Specialties Co. was founded in 1928 and is based in Pico Rivera, California.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

DESCRIPTION

Pacific Growth Investors is a private equity firm focused on structured growth equity investments in entrepreneurially owned, lower middl-market businesses. The Firm has a particular interest in businesses with complex manufacturing processes or differentiated products and services. Specific areas of interest include aviation, aerospace, industrial equipment, medical devices, medical diagnostics, build materials, and chemicals. Pacific Growth Investors was formed in 2016 and is headquartered in Torrance, California.


DEAL STATS #
Overall 1 of 3
Sector: Chemicals M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
State: California M&A 1 of 2
Country: United States M&A 1 of 3
Year: 2016 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-29 True Position Technologies

Valencia, California, United States

True Position Technologies LLC is a provider of complex machined components for flight control applications. True Position specializes in manufacturing high specification components that require multiple machining, testing and finishing processes all within extremely tight tolerances. True Position Technologies LLC is based in Valencia, California.

Sell -

Seller(S) 1

SELLER

Vintage Fund Management

Los Angeles, California, United States

Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

Vintage Fund Management, LLC is a private investment group that invests in middle-market businesses typically headquartered in California and the Western United States. The Firm targets basic industries that feature limited technology risk. Vintage seeks to invest in companies with revenues between $20 million and $250 million, and EBITDA greater than $3 million. In general, the firm looks to commit $5 to $20 million per investment. Transactions types considered include debt purchases, restructurings, acquisitions, buyouts of passive shareholders, refinancings, majority or minority recapitalizations, and management sponsored buyouts. Vintage Fund Management was formed in 2000 and is based in Los Angeles, California.


DEAL STATS #
Overall 3 of 3
Sector: Chemicals M&A 1 of 1
Type: Secondary Buyout M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-03 ATS Systems

Santa Margarita, California, United States

ATS Systems, Inc. is a manufacturer of specialty workholding fixtures for serving the machine tool industry.

Sell -