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2006
NEWS ARCHIVE
10/09/2006 - Strength Capital plans $102.5M acquisition of parts
maker
Strength Capital Partners L.L.C. today plans to announce the $102.5
million acquisition of an Indiana-based manufacturer of aluminum
parts, Postle Distributors Inc. The deal is more than twice as large
as the previous biggest deal in the six-year history of the
Birmingham-based private-equity company, and the sixth purchase it
has made from a $140 million fund that closed in June, Strength
Capital Partners II L.P.
Read the full story from
Crain's Detroit Business
07/03/3006 - Strength Capital raises $140 million
Strength Capital Partners L.L.C., a private equity firm in
Birmingham, finished raising its second fund of $140 million Friday
and is about to go on a buying spree. Five investments totaling
about $50 million have letters of intent, said managing partner Mark
McCammon. Two of the proposed purchases involve Michigan companies,
which McCammon said he hopes to close on by the end of summer.
Read the full story from
Crain's Detroit Business
06/27/2006 - Strength Capital to acquire teleconferencing company
Strength Capital Partners L.L.C., a Birmingham-based private-equity
firm, plans to announce Wednesday the purchase of Dascom Systems
Group and a software subsidiary, Eastview Industries Inc. The sale
price will not be disclosed. The total revenue of the two was about
$16 million in 2005.
Read the full story from
Crain's Detroit Business
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