Graycliff Partners Announces Investment in Custom Profile
Graycliff Partners LP announced it has completed an investment in Custom Profile Holdings (“Custom Profile” or the “Company”), a designer and manufacturer of plastic profile extruded products. The Company, based in Grand Rapids, MI, with an additional production facility in Juarez, Mexico, provides plastic products used in the appliance, furniture, medical, and marine industries. Graycliff’s $12.5 million subordinated debt and structured equity investment supported the acquisition of the Company by a newly created ESOP. The transaction was led by Mosaic Capital, a NC based financial sponsor.
About Graycliff Partners LP
Graycliff Partners is a private equity firm focused on making lower middle market investments. Through dedicated equity and credit funds, Graycliff seeks to invest in companies led by strong, entrepreneurial management teams, providing capital for acquisitions, management buyouts, recapitalizations, growth and expansion.