Balmoral Advisors is pleased to announce that SemiTorr Group, Inc., which was backed by Riverlake Partners, has been acquired by Transom Capital Group. Balmoral served as financial advisor to SemiTorr.
Transom Capital Group (Transom), a leading operations-focused middle market private equity firm, has acquired SemiTorr Group, Inc. (SemiTorr), a leading distributor of high purity products, from Riverlake Partners and other shareholders. The transaction closed in December 2018.
SemiTorr is a leading distributor for high purity gas and fluid handling systems and components supporting the microelectronics, sanitary and industrial markets. SemiTorr’s family of products includes process equipment, tubing, hoses, fittings, valves, filtration and instrumentation. Founded in 1988, SemiTorr’s headquarters are located in Tualatin, Oregon with eight distribution centers located across the country.
Terms of the transaction were not disclosed. SemiTorr was represented by Balmoral Advisors as sellside M&A advisor and Black Helterline as M&A counsel on this transaction.
About SemiTorr Group, Inc.
The SemiTorr Group, Inc. is a leading sales and distribution company supporting the Semiconductor/Microelectronic, Sanitary and Industrial Markets. Founded in 1988, its headquarters are located in Tualatin, Oregon with eight distribution centers located across the country. SemiTorr believes in providing the best products and giving its customers outstanding service and support. Effectiveness stems from the experience of the Company’s technical sales staff coupled with a dedicated inside sales support team. SemiTorr prides itself on assisting its customers to find the right solution.
About Riverlake Partners, LLC
Riverlake Partners, LLC is a private equity firm focused on leveraged growth investments in smaller, profitable companies within the consumer and industrial products manufacturing and business service industries. Founded in 2003, it has one fund and typically targets companies with enterprise values of $15 to $60 million, and partners with existing management teams to develop and execute on long-term growth strategies. Past and current portfolio companies include Stock Equipment Company, Pinnacle Exhibits, SP Industries, Reichling Press, Inc., Omega Morgan, Guerdon Modular Buildings and Bastion Security. Corporate headquarters are located in Portland, OR. Visit www.riverlakepartners.com for more information.
About Transom Capital Group
Transom (www.transomcap.com) is a leading operations-focused private equity firm in the middle market with more than $500M in assets under management. The firm’s functional pattern recognition, access to capital, and proven ARMOR Value Creation Process combine with management’s industry expertise to create improved operational efficiency, significant top-line growth, cultural transformation and overall distinctive outcomes. Transom is headquartered in Los Angeles, California.
