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RECENT NEWS 3/26/2012 - Strength Capital wins Crains Detroit 2011 Deal of the Year Strength Capital Partners L.L.C., a Birmingham-based private-equity firm, acquisition of Hi-Vol Products, KEO Cutters and Richards Micro-Tool by Arch Global Precision LLC has been named 2011 Deal of the Year (under $100 million) by Crains Detroit. Read the full story from Crain's Detroit Business 12/21/2011 - Strength Capital completes acquisition of ARCH Global Precision Strength Capital Partners L.L.C., a Birmingham, MI based private-equity firm, has closed the acquisition of Hi-Vol Products, KEO Cutters and Richards Micro-Tool by Arch Global Precision LLC, a newly formed entity created to acquire the assets. The entities acquired will serve as the initial base for a national manufacturer of precision components and tools. ARCH Global is headquartered in Livonia-MI, with additional locations in Warren-MI and Plymouth-MA. Hi-Vol Products is a supplier of tube nuts and highly engineered precision machined components to the automotive and industrial markets of North America . KEO Cutters and Richards Micro-Tool produce a variety of specialty precision tools such as combined drills and countersinks, spotting drills, end mills and countersinks for use in the medical and industrial markets of North America. Strength Capital Partners will grow ARCH Global by investing in organic growth opportunities and through acquisitions. 1/1/2011 - Strength Capital introduces Dennis Marcott as Managing Partner Strength Capital Partners L.L.C., a Birmingham, MI based private-equity firm, is pleased to announce that Dennis Marcott has been named to Managing Partner. Dennis joined SCP in 2006 as Chairman and CEO of Postle Aluminum Company. Prior to being named Managing Partner, Dennis served as Operating Partner for Strength Capital. As Managing Partner, Dennis will lead the oversight of Strength Capital portfolio companies, including Inland Pipe Rehabilitation, Inland Industrial Service group, Postle Aluminum, Rothschild Farms and Smith Mountain Industries. Throughout his career, Dennis has managed over 30 companies with sales from $5 million to $300 million. He has managed factories and sales offices in over 20 countries. Dennis has a strong track record in turning companies around and growing sales and profitability. Dennis started his career at Westinghouse Electric Corp. where he spent 18 years. During this time, he spent eight years living internationally, working at nuclear power plants in Brazil, Yugoslavia, South Korea and the Philippines. 12/15/2010 - Strength Capital Invests in Conifer Holdings Strength Capital Partners L.L.C., a Birmingham, MI based private-equity firm, has made an investment in Conifer Holdings. Conifer Holdings is a Southfield-MI based niche provider of personal and commercial property, casualty, and other insurance products. The Company targets lines of insurance that have been historically under-served such as liquor liability and non-standard automotive. The Company currently writes policies in the Midwest, but SCP's investment will help the Company expand geographically. The investment was made through Strength Capital�s second fund, Strength Capital Partners II L.P., a $140 million fund that closed in June 2006. 3/24/2008 - Strength Capital wins Crains Detroit 2007 Deal of the Year Strength Capital Partners L.L.C., a Birmingham-based private-equity firm purchase in July of two Houston companies for $80.5 million has been named the best deal of 2007 in the range of $25 million to $100 million. Read the full story from Crain's Detroit Business 10/15/2007 - Strength Capital buys Virginia candle-maker for $76M Birmingham-based Strength Capital Partners L.L.C. will announce Monday it has acquired Smith Mountain Industries Inc., a Virginia-based maker of candles and other scented products, for $76 million. Read the full story from Crain's Detroit Business 07/30/2007 - Strength Capital Partners purchases 2 companies for $80.5M Strength Capital Partners L.L.C., a Birmingham-based private-equity firm, will announce today that it has made two acquisitions totaling $80.5 million to add to its Detroit-based portfolio company, Inland L.L.C., which is being split into two legal entities. Read the full story from Crain's Detroit Business
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