Press Releases

  • Rob Kufel Has Joined Grey Mountain Partners
    November 30, 2021

    Rob Kufel recently joined Grey Mountain Partners as an Associate. Prior to joining the firm, Rob was an Associate with RedCloud Capital, a private equity firm based in Denver. Previously, he worked as an investment analyst at Patricia Industries and as an investment banking analyst at Stifel.

  • Grey Mountain Partners Sells Dimex LLC
    September 10, 2021

    Grey Mountain Partners (“Grey Mountain”) has sold Dimex LLC (“Dimex” or the “Company”) to Westlake Chemical Corporation (NYSE: WLK) (“Westlake”). Grey Mountain partnered with the Company in December 2013 with the goal of expanding Dimex’ world-class manufacturing capabilities and its portfolio of plastic products including landscape edging; industrial, home and office matting; marine dock edging; and masonry control joints. We are grateful for the opportunity to have worked with an incredibly talented and dedicated management team and the Company’s 300+ employees. William Blair & Company served as exclusive financial advisor to Dimex and Grey Mountain in the transaction.

  • Grey Mountain Partners Promotes Three to Managing Director
    January 8, 2021

    Grey Mountain Partners is pleased to announce that Rob Dellinger, Colin McCarthy and Bill Ross have been promoted to Managing Director. The promotions recognize their outstanding contributions to the firm’s growth and highlight the continued strengthening of its investment team. Rob, Colin and Bill are involved in all areas of the business, primarily focusing on the management of current affiliate companies and evaluating new investment opportunities.

  • Grey Mountain Partners has sold 48forty Solutions
    November 30, 2020

    Grey Mountain Partners (“Grey Mountain”) has sold 48forty Solutions, LLC (“48forty” or the “Company”) to Audax Private Equity (“Audax”). Grey Mountain partnered with the Company in February 2018 with the goal of achieving operational excellence as a standalone business by providing best in class customer and supplier service as the market leader in recycled pallets. We are grateful for the opportunity to have worked with this incredibly talented and dedicated management team and the Company’s 2,400+ employees. Piper Sandler & Co. served as exclusive financial advisor to 48forty and Grey Mountain in the transaction.

  • Mann Lake Acquires Stromberg’s
    March 18, 2020

    Mann Lake Ltd. (“Mann Lake”) has acquired Stromberg’s Unlimited (“Stromberg’s”), a leading live poultry and poultry equipment supplier. Eric Stromberg, great-grandson of Stromberg’s founder Ernst Stromberg, joined Mann Lake as Director of Poultry.

  • Grey Mountain Partners Has Sold Kronos Foods
    February 12, 2020

    Grey Mountain Partners ("Grey Mountain") has sold Kronos Foods ("Kronos" or the "Company") to Entrepreneurial Equity Partners ("e2p"). Grey Mountain partnered with the Company in September 2016 with the goal of developing and expanding its differentiated offering of world cuisine by providing best in class new product innovation to a broader customer base. We are grateful for the opportunity to have worked with this incredibly talented and dedicated management team and the Company's 270+ employees. Harris Williams & Co. served as exclusive financial advisor to Kronos and Grey Mountain in the transaction.

  • Grey Mountain Partners Promotes Christopher DeLetto to Senior Associate
    October 10, 2019

    Grey Mountain Partners is pleased to announce that Christopher DeLetto has been promoted to Senior Associate. The promotion recognizes Christopher’s contributions to the firm's growth and highlights the continued strengthening of its investment team. 

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  • Mann Lake Completes Management Buyout with Support of Grey Mountain Partners and Acquires Kelley Beekeeping
    November 14, 2018

    Mann Lake Ltd. (“Mann Lake”) has completed a management buyout with the support of Grey Mountain Partners (“Grey Mountain”). Mann Lake is the largest supplier of beekeeping products to commercial and hobbyist beekeepers throughout the United States.

  • Justin Lee Has Joined Grey Mountain Partners
    September 20, 2018

    Justin Lee recently joined Grey Mountain Partners as an Associate in the firm's Boulder, Colorado office. Prior to joining the firm, Justin was an Associate in the Healthcare group at Piper Jaffray, focusing on healthcare information technology and services.

  • Grey Mountain Partners Sells Sunbelt Transformer to Trilantic North America
    June 7, 2018

    Grey Mountain Partners (“Grey Mountain”) has sold Sunbelt Transformer (“Sunbelt” or the “Company”) to Trilantic North America (“Trilantic”). Grey Mountain partnered with the Company in December 2014 with the goals of expanding the product and service offering and leveraging Sunbelt’s unique value proposition in order to provide world-class service to new customers. We are grateful for the opportunity to have worked with this incredibly talented and dedicated management team and the Company’s 150+ employees. Robert W. Baird & Co. served as exclusive financial advisor to Sunbelt and Grey Mountain in the transaction.

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