Wynnchurch Capital LLC said April 23 that it acquired Alliance Designer Products Inc. Financial terms weren’t announced. Alliance Designer makes polymeric sand and related installation products used in residential and commercial hardscaping projects.
PRESS RELEASE
Wynnchurch Capital Acquires Alliance Designer Products, Inc.
Rosemont, IL – April 23, 2019 – Wynnchurch Capital, LLC (“Wynnchurch”) announced today that it has acquired Alliance Designer Products, Inc. (“Alliance” or the “Company”). Alliance is the leading manufacturer of polymeric sand and related installation products used in residential and commercial hardscaping projects. Founded in 2003, Alliance leads the industry with its all-encompassing suite of products, product innovation, and dedication to unmatched customer service and product support. Alliance currently serves the Canadian, U.S. and European markets from its headquarters in Mirabel, Québec.
“We are committed to delivering best-in-class products and services for all of our customers and are excited to partner with Wynnchurch as we continue that mission,” said George Tutino, President of Alliance. Jack Tutino, Senior Vice President, added, “We are thrilled about our new partnership with Wynnchurch and are excited to continue to serve our Alliance customers around the globe. We are confident that the future of Alliance has never been brighter.”
Frank Hayes, Managing Partner at Wynnchurch, said, “Wynnchurch invests in market leading businesses which possess a customer-centric focus on product and service excellence. Alliance shares these philosophies and we are genuinely excited to partner with George and Jack to help support the Company’s future growth plans.” Erin Murphy, Managing Director at Wynnchurch, added, “Alliance has a well earned reputation for superior product quality, customer support and reliability, and is well positioned for continued market leadership.”
Morty White, Managing Director at Wynnchurch, further commented, “Alliance is an exceptional business, built under the steady leadership of George and Jack. We feel fortunate to partner with them and the entire Alliance team, and to expand on the Company’s impressive track record of growth.”
Wynnchurch Capital is actively investing from its $1.3 billion Fund IV. In January, Wynnchurch acquired Boss Industries, a leader in power take-off (PTO) and engine driven rotary screw air technology. Other recent Wynnchurch investments include: Infra Pipe Solutions, a leading manufacturer of large diameter, high density polyethylene pipe; Logistik Unicorp Inc., a worldwide leader in managed clothing services and uniform solutions; Critical Process Systems Group, a leading provider of mission-critical engineered solutions for demanding industries and applications; and Team Car Care, the market leader in the quick oil change segment of the “Do-It-For-Me” (“DIFM”) automotive aftermarket.
About Alliance Designer Products, Inc.:
Alliance is the leading manufacturer of polymeric sand and related installation products used in residential and commercial hardscaping projects. The Company’s flagship product line, G2 polymeric sand, greatly reduces required maintenance on hardscape projects and provides a strong defense against insects, weeds, and erosion. Founded in 2003, Alliance has set the industry standard with its top of the line full suite of products, paired with an entrepreneurial drive to continually improve and create new products while being devoted to providing unmatched customer service and product support. Alliance is headquartered in Mirabel, Quebec. For more information, please visit: https://www.alliancegator.com.
About Wynnchurch Capital:
Wynnchurch Capital, LLC, headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California and Canada, was founded in 1999, and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch Capital manages a number of private equity funds with $2.2 billion of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. For more information, please visit: https://www.wynnchurch.com.
Source: https://www.pehub.com/2019/04/wynnchurch-to-buy-alliance-designer-products/
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