Business Description

Based in Holiday, FL, Premiere Precision Components is a leading, value-added supplier of high-volume, custom manufactured molded rubber, plastic, and metal components such as seals, O-rings, gaskets, boots, assemblies, and bonded parts sold to a variety of end markets, including the communications, HVAC, pool & spa, and lawncare industries. Premiere Precision Components differentiates itself from its competition by providing value-added service at each step in the procurement process, simplifying the complex logistics of sourcing parts so that customers can focus on their core businesses.

Transaction Overview

The founders of this privately held business partnered with KLH in a recapitalization to facilitate a partial liquidity event for the shareholders, while providing the company with a value-added partner and a capital structure designed to support management’s future growth plans.

Business Description

Federal Resources is an industry leader in providing innovative and technologically advanced military, first responder, and maritime products. For decades, Federal Resources has been protecting our nation’s elite with these superior products, outstanding customer service, competitive pricing, and expert product knowledge.

Transaction Overview

Management of this family owned business partnered with KLH Capital in a recapitalization to facilitate an ownership transition that allowed the remaining management team to retain a significant equity position within the company, and provided a liquidity event for the retiring shareholders.

Post Transaction

KLH partnered with management to develop the business organically and through acquisition. Immediately post-transaction, KLH assisted with implementing new ERP and CRM systems in the business, helped recruit and develop additional sales professionals, and acquired HazMat IQ, a leading provider of specialty hazardous material training to federal, state, and local first responders.

Business Description

Energy Hardware is a value-added, global distributor of fasteners, machined parts, seals, and gaskets to the worldwide power generation industry.

Transaction Overview

The two owners of Energy Hardware partnered with KLH Capital in a recapitalization to diversify their net worth and to acquire a financial partner that could support the exponential growth of the company.

Post Transaction

Energy Hardware has continued to grow rapidly and expanded its product offering at the request of its customers. The company has also started shipping product into the wind energy market and has experienced significant volume increases over subsequent years.

Business Description

Everlasting Granite is a full service business to business wholesale distributor of granite and bronze memorials. For more than 37 years, Everlasting Granite has supported the death care industry with a comprehensive line of exceptional memorials and service which exceeds our customer’s expectations.

Transaction Overview

The founders of the business were seeking a liquidity event that would enable them to pass the company along to their son, who entered the business approximately 10 years prior. The son, who was President at the time, wanted to continue the family legacy while maintaining a significant equity stake in the company. In partnering with KLH Capital, the Company was able to achieve these goals, and continue to build upon its multi-generational success.

Post Transaction

After partnering with KLH Capital, the company bolstered its senior management team by adding a top notch CFO and continued to grow organically.

Business Description

Florachem is a worldwide distributor of specialty aroma chemicals and essential oils to the fragrance, flavor, consumer, and industrial products industries.

Transaction Overview

The company’s owner, Steve McAlister, partnered with KLH Capital in a recapitalization to diversify his net worth while providing capital to continue the company’s growth.

Post Transaction

The owner was previously reluctant to take advantage of certain opportunities in the industry due to his risk adverse nature and the company’s large working capital needs. After partnering with KLH Capital, the company completed an add-on acquisition of a manufacturing facility in Texas, developed proprietary lines of chemical products, and continued to expand organically.