Deal History

10+ total transactions representing Undisclosed (private equity portfolio) in aggregate value — 7 tracked below spanning 2018–2026 · 3 industries

10+
Total Transactions
3
Industries
2018–2026
Years Active
Distribution & Logistics3
Acquisition of AAA Industrial Supply2025
Acquired by PE: Foundation Investment Partners

FIP acquired AAA Industrial Supply, a premier distributor of industrial supplies and safety equipment based in Garrett, Indiana. The company distributes keyless locks, magnifiers, knives and blades, floor films, adhesives, lubricants, and safety equipment.

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Acquisition of Spartan Tool Supply2024
Acquired by PE: Foundation Investment Partners

Acquisition of Spartan Tool Supply, a premier distributor of industrial power tools and equipment based in Columbus, Ohio serving businesses for over 45 years.

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Acquisition of Discount Drainage Supplies2018
Acquired by PE: Foundation Investment Partners

FIP acquired Discount Drainage Supplies, the largest stocking distributor of drainage pipe and related products in Ohio. FIP successfully recruited new CEO and CFO, professionalized operations, and accelerated growth. The company was later sold to Winsupply Inc.

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Discrete Manufacturing1
Acquisition of W.A. Jones2019
Acquired by PE: Foundation Investment Partners

FIP acquired W.A. Jones, a work truck body upfitting and equipment distribution business specializing in vehicle assembly and design-build services, serving government entities and commercial markets.

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Process Manufacturing3
Acquisition of Paper Converters, Inc.2026
Acquired by PE: Foundation Investment Partners (through Sustainable Packaging platform)

FIP acquired Paper Converters through its platform company Sustainable Packaging. Founded in 2002 and located in Walterboro, SC, Paper Converters manufactures spiral wound paper tubes, edge board, and sheeting for the textile industry.

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Acquisition of Amspak, Inc.2024
Acquired by PE: Foundation Investment Partners

FIP acquired Amspak, a manufacturer of spiral paper tubes, folding paper cartons, and specialty packaging materials based in Hartsville, SC. The company serves 300+ customers nationwide in diverse industries.

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Sale of Miljoco Corporation to DwyerOmega2024
Strategic acquirer: DwyerOmega

FIP sold its investment in Miljoco Corporation, a leading manufacturer and distributor of analog and mechanical pressure and temperature gauges, to DwyerOmega. Miljoco specialized in HVAC, food service, and commercial fire extinguisher markets.

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