Grey Mountain Partners Sells Distribution International, Inc.August 17, 2010
Grey Mountain Partners recently sold Distribution International, Inc., a Houston-based value-added distributor of insulation products, which was acquired in 2006.
Grey Mountain Partners Expands TeamJune 17, 2010
Peter Lee and Judah Milunsky have joined Grey Mountain Partners as Associates.Peter previously worked as an analyst in the Middle Market Restructuring group of Lazard in New York. Prior to joining Grey Mountain Partners, Judah was an Associate at Compass Advisers in New York where he focused on M&A and restructuring advisory services.
Grey Mountain Partners Invests in Bolttech Mannings, LLCNovember 17, 2009
Grey Mountain Partners, LLC (“GMP”) has made a majority equity investment in Bolttech Mannings, LLC (“Bolttech Mannings”), a provider of technical bolting and heat treating services and products for industrial applications. The investment provides Bolttech Mannings with additional capital and resources to enable it to continue providing the highest quality service and innovative products to its customers, and to further expand its business through internal growth initiatives or additional acquisitions of complementary businesses.
Robbins LLC Acquires Biltrite IndustriesAugust 17, 2009
Robbins LLC, an affiliate of Grey Mountain Partners and one of the nation’s top manufacturers of custom mixed rubber compounds and molded rubber products, has acquired the assets of Biltrite Industries of Findlay, OH from its Toronto-based parent which was operating under bankruptcy protection. Biltrite Industries is a leading producer of custom rubber compounds and has been in operation since 1952. This acquisition extends Robbins’ market leadership in custom mixing which, combined with its Muscle Shoals, AL and Tallapoosa, GA facilities, give the company over 400 million pounds of mixing capacity.
Robbins LLC Hires CEOApril 17, 2009
Robbins LLC, an affiliate company of Grey Mountain Partners, has added Steve Saucier to its executive team. Steve will serve as CEO of the Alabama-based company. Robbins LLC is one of the largest manufacturers of custom mixed rubber compounds in the nation and a world leader in the manufacture of tire retread products.
Herr-Voss Stamco Hires CEONovember 18, 2008
Herr-Voss Stamco, an affiliate company of Grey Mountain Partners, has added Kip Mostowy to its executive team. Kip will serve as CEO of the Pennsylvania-based company. Herr-Voss Stamco is a global leader in the design, manufacture and service of metal coil processing equipment.
AQS Acquires Assets from Insurance Services Office to Extend AQS SuiteNovember 1, 2008
AQS Inc., a provider of high performance software systems for commercial insurers, has acquired the assets of the AscendantOne Policy Management Suite from Insurance Services Office, Inc. AcendantOne is a leading tools-based solution which includes powerful rate-management capabilities for its policy administration systems deployed in Tier 1 and Tier 2 insurance carriers.
Grey Mountain Partners Affiliate Company Hires New CFOFebruary 18, 2008
Distribution International, a Houston-based affiliate company of Grey Mountain Partners, has added Tim Reed, CPA to its executive team. Mr. Reed will serve as Chief Financial Officer. Distribution International is a value-added distributor of industrial products with more than 20 locations, 300 employees, and 3,000 customers.
Grey Mountain Partners Aquires Robbins’ Assets and Business OperationsNovember 18, 2007
Grey Mountain Partners is pleased to announce it has acquired substantially all of the assets and business operations of Robbins LLC.