PORTLAND, Ore. – January 8, 2019 – Transom Capital Group (Transom), a leading operations-focused middle market private equity rm, today announced it has acquired SemiTorr Group, Inc. (SemiTorr), a leading distributor of high purity products, from Riverlake Partners.
SemiTorr is a leading distributor for high purity gas and uid handling systems and components supporting the microelectronics, sanitary and industrial markets. SemiTorr’s family of products includes process equipment, tubing, hoses, ttings, valves, ltration and instrumentation. Founded in 1988, SemiTorr’s headquarters are located in Tualatin, Oregon with eight distribution centers located across the country.
“SemiTorr provides a unique value proposition to its suppliers and customers and has a best-in-class management team. It represents the market-leading brands in the high purity space, and maintains a blue-chip customer base in its respective end-markets. Partnering with SemiTorr’s leadership team was an easy decision for us and we look forward to supporting them in growing the business,” said James Oh, Partner at Transom Capital.
“We spent considerable time and energy evaluating the landscape of potential partners to nd one that can support SemiTorr’s next phase of growth. Transom strongly believes in what we have done over the past several years to grow the business and has encouraged us to do more of the same. We are excited to work with them to develop new ways to serve our business partners,” said Kevin Waddell, President and CEO at SemiTorr.
Terms of the transaction were not disclosed. Transom was represented by O’Melveny and Myers LLP as M&A counsel and Perkins Coie as debt nance counsel on this transaction. Bank of America Merrill Lynch and PNC Mezzanine Capital provided the debt nancing for the transaction.
About Transom Capital Group
Transom (www.transomcap.com) is a leading operations-focused private equity rm in the middle market with more than $500M in assets under management. The rm’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.
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.
Transom Capital Group
100 N Pacic Coast Hwy Suite 1725
El Segundo, CA 90245 Tel: +1 (424) 293-2818
Transom Capital Group (“Transom”) and current and historical portfolio companies, is not intended to recommend any company or investment described herein and is not an offer or sale of any security or investment product or investment advice. In any event, past performance is not a guarantee of future results and it should not be assumed that results for portfolio investments will be achieved for other investments. Representative investments are not to be considered a complete list of all investments made or currently held by Transom’s funds.