Closing Date: August 2023
“We believe the addition of Performance Stamping to our portfolio alongside J&E Companies will provide tremendous value for their collective customers."
Performance Stamping, LLC
Headquartered in Carpentersville, Illinois, Performance Stamping is a leading metal stamping provider to industrial customers, including domestic and international original equipment manufacturers in a variety of industries, including appliance, automotive, water treatment, oil & gas, utilities, industrial services, and HVAC. Performance Stamping has amassed an extensive portfolio of production equipment to perform custom progressive die stamping, compound and blanking die stamping, and value-added engineering services.
An affiliate of Willis & Smith Capital acquired 100% of Performance Stamping. Together with portfolio company J&E Companies, some of the world's significant OEMs now benefit from a full suite of metal stamping, precision machining, and sheet metal fabrication services.
Learn more about Performance Stamping at www.performancestamping.com
Closing Date: July 2022
“The increased capacity and scale now available to our collective clients couldn’t have been timelier.”
J&E Manufacturing LLC and J&E Coatings LLC ("J&E")
Minneapolis, Min (multiple facilities); Amery, WI; Reynosa, Mexico
Headquartered in Plymouth, Minnesota, J&E provides precision fabrication and machining services to a highly diversified client base including, among others, those in the medical, aerospace, commercial, and agricultural industries. J&E operates six facilities throughout Minnesota, Wisconsin, and Mexico, totaling over 225,000 square feet of production space and directly employing approximately 215 employees.
An affiliate of Willis & Smith Capital, together with First Capital Partners, acquired 100% of J&E. Together with portfolio company R&B, team members exceed 315 and the collective size and scale provide stability and reliability to some of the world's significant OEMs.
Learn more about J&E at https://jecompanies.com/
Closing Date: February 2022
"Our focus is dedicated to companies in the lower middle market, across multiple industries."
R&B Grinding, LLC
R&B is a leading manufacturer of machined components to a variety of industrial customers, including Fortune 500 original equipment manufacturers. Since its founding in 1958 by the Biddle Family, R&B remains a community pillar employing over 100 team members in its multi-acre manufacturing campus.
An affiliate of Willis & Smith Capital acquired 100% of R&B in a transaction that enabled the Biddle Family to realize its business succession plan while providing an attractive portfolio company for Willis & Smith Capital.
Learn more about R&B at www.rbgrinding.com
Closing Date: April 2021
TPE Midstream, LLC
TPE manufactures, sells and rents equipment to large utilities and pipeline operators to perform regulatory-mandated and routine maintenance services. Among its products/services is a proprietary solution called ZEVAC® that eliminates the release of methane into the atmosphere when performing such maintenance services. TPE counts many of the largest utilities and pipeline owners in the U.S. as its customers. Willis & Smith Capital, in partnership with First Capital Partners, provided equity to support a majority recapitalization of the company.
Learn more about TPE Midstream at www.tpemidstream.com
Prior to co-founding Willis & Smith Capital, Eric consulted on a number of successful investments. Below are those companies for whom Eric continues to provide consultation. All new investments will be managed by Willis & Smith Capital's team.
Rex Forge was founded in 1867 and is a manufacturer of closed die hot metal forgings to the automotive, mining, railroad, fluid control and ordnance industries.
Learn more about Rex Forge at www.rexforge.com