Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

Send us a message

Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

Send us a message

Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

Send us a message

Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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Value Creation Approach

We have a long track record of working with management teams to build strong businesses.

Our concentrated approach allows us to be actively involved in creating value. We have spent time on the ground at many companies; we recognize importance of culture, and know how challenging it can be to build and grow a small business.

We are committed and supportive partners, and believe strongly in investing in growth initiatives, people and capital assets. We challenge ourselves and our partner companies to be forward-thinking and creative, and to develop long-term strategic plans and then execute on them.

This approach has allowed us to generate strong returns to our shareholders, over many years and through up and down economic environments.

Investment Approach

While we are flexible and opportunistic, we typically invest equity capital in companies with under $50 million in revenue.  Our target investment size (at the outset of our investment) is $5 million to $10 million of equity capital, but we have the ability to invest significantly more on a situational basis.  We also often invest more capital over time to support our companies’ growth.

Wincove is not a traditional private equity firm that invests through serial funds. Our investment holding company has a permanent equity capital base, and all of our shareholders are like-minded individual and families. Therefore, we are not bound to fixed investment periods and holding constraints. This allows us to approach our investments with a longer time mindset.

We prefer to partner with founders or existing management, and are especially attracted to situations where our partners have capital invested alongside us. We strive to keep our investment structures simple, and to maintain strong alignment of interests amongst shareholders. We utilize leverage on a situational basis, always prudently, and never engineer our way into an acceptable equity return.

We are highly selective investors, and partner with a limited number of companies. Our strategy is to reduce risk through a deep understanding of our partner companies and the industries in which they operate, not through portfolio diversification.

Globalization Partners, Inc. provides scalable solutions that breakdown the barriers to global business expansion. Using their proprietary technology platform, Globalization Partners allows businesses to “hire” local employees under GP’s foreign subsidiaries, enabling clients to meet their staffing needs quickly and affordably without having to form foreign entities and navigate complex employment issues on their own. The Company, which provides a full suite of services including payroll, HR, legal GDPR compliance and expense reporting, is recognized as the leading global Employer of Record (a subset of the Professional Employer Organization industry).

Together with TDR Capital, we led the recapitalization of this business in January 2020, working collaboratively with the existing management team. We are working with Globalization Partners to maintain its highly regarded market leading position while innovating and investing in strategic channels to create future growth.

https://www.globalization-partners.com/

Plainview, NY

Fortbrand Services is a leading provider of maintenance and support equipment to the global aviation industry. Fortbrand’s Ground Support Equipment business provides sales, leasing and short-term rentals of mission critical ground support equipment to airlines, ground handling companies and fixed base operators. The Company’s Airfield Maintenance Equipment business distributes and leases snow removal and maintenance equipment to airports.

We led the recapitalization of this business in March 2019, partnering with existing management and a seasoned industry executive. We are working with Fortbrand to build the premier rental and leasing platform to support the expected growth in air traffic.

https://www.fortbrand.com/

Fresno, CA

LAKOS is a filtration solutions company that designs, manufactures and distributes branded water and liquid filtration products to the industrial, commercial, agricultural irrigation and residential groundwater markets. LAKOS’s core Separator products remove solids from liquids, mainly through an environmentally friendly centrifugal action. LAKOS’s mission is to be the customer’s first choice for water filtration by providing innovative and reliable solutions.

We led the recapitalization of this business in August 2018, partnering with a group of experienced industry executives as investors. We are working to build on LAKOS’s strong brand name and specialized technology to become a leading global filtration platform.

https://www.lakos.com/

 

Raynham, MA

Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators.  Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification.  Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets.  TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

Together with Stone-Goff Partners, we led the recapitalization of this business in 2017, partnering with the owner and management.  We are working to build on Centerline’s deeply entrenched position as an outsourced partner providing high value-add services to its customers.

https://centerlinecommunications.com/

Concord, NC

Rhino Tool House (“RTH”) is a value-added supplier of high-performance assembly tools and material handling equipment used in heavy manufacturing. RTH’s distribution operations include assembly tool and material handling products focused on “intelligent fastening” solutions that provide data on productivity, performance and safety. RTH, through its Hovair brand, provides highly engineered material handling equipment, including carts and conveyor systems. RTH has a salesforce of over 50 professionals located throughout the Midwest and Southeastern U.S. who sell directly to automotive (including OEMs, tiers and truck), industrial, agricultural, and integrator customers.

We led the acquisition of Rhino Assembly in 2017, The Tool House, Level 10 Industries, Hovair Automotive and Buckeye Tools in 2018 to collectively form Rhino Tool House. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

http://www.rhinotoolhouse.com/

West Chester, PA

Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

We led the recapitalization of this business in 2017, investing growth capital and partnering with the existing President/owner to facilitate an ownership buy-in for a long-tenured management team. We are working to support Comstar’s continued growth and expansion of service offerings, while aggressively pursuing strategic acquisitions.

http://www.comstar-usa.com/

Fort Worth, TX

Integrated Warehouse Solutions (IWS) is a leading provider of material handling equipment focused on enhancing the safety and efficiency of loading docks and warehouses. The Company’s products, which include yard ramps, dock boards, pit levelers, seals and shelters, safety barriers, mezzanines, lift tables, pallet trucks and carts, are sold under the leading Bluff, Wesco and Nordock brands. IWS serves virtually every end market throughout the U.S., Canada, Central and South America, and the Caribbean through a broad distributor network supported by production facilities in Texas, Pennsylvania, Ohio and Ontario (Canada).

We led the acquisition of Bluff Manufacturing in 2016, Wesco Industrial Products in 2017 and Nordock in 2018 to collectively form IWS. We are working to leverage the strengths of each company to expand product offerings and geographic coverage across the platform, while aggressively pursuing additional strategic acquisitions.

https://www.iwsolutions.com/

Bethlehem, PA

Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s products, which include stiffeners, screen frames, muntin bars, spacers and other components, are used to improve the thermal efficiency and enhance the appearance and strength of windows and doors. The Company serves customers throughout the United States and Canada, and operates out of three strategically-located facilities in Pennsylvania, Tennessee and Oregon with over 150,000 square feet of manufacturing space.

We led the recapitalization of this business in 2016, partnering with the CEO/owner. We intend to invest heavily in the business for growth, both organic and via acquisition.

https://hygrademetal.com/

Adaptec Solutions (formerly Aloi) is a leading provider of innovative material handling and automation solutions for the package handling, grocery, food & beverage, industrial and automotive markets. The Company designs customer-centric solutions that optimize workflow, enhance safety and reduce costs by integrating equipment, robotics and controls, together with ongoing maintenance and 24/7 support. Adaptec has facilities in Rochester, NY, Corning, NY, and Lexington, NC and is supported by technicians in over 30 states nationwide.

We led the recapitalization of Aloi in 2016, partnering with existing management. We completed two key acquisitions in 2019: Automated Cells and Equipment (ACE), bolstering the Company’s robotics and automation capabilities, and Mainstream, expanding its service and maintenance operations. Together, with Aloi, ACE, and Mainstream, the Company rebranded to Adaptec Solutions in August 2020. The combined business is a full-service platform delivering innovative solutions to our customers throughout their equipment’s operational life.

https://adaptecsolutions.com/

Long Island City, NY

HHAX is a leading provider of Software-as-a-Service healthcare software solutions to the home care industry, serving both home care agencies and their Payers. HHAX’s cloud-based product offering includes one of the industry’s most robust and innovative agency management systems, and also a unique and powerful data exchange platform, eXchange Suite, that dynamically links Payers and their contracting agencies.

We originated and led this investment in 2014. In 2018, after four years and ~500% growth, the Company was sold to Cressey and Company.

Wolfeboro, NH

GI Plastek is a value-added provider of advanced manufacturing solutions, with a specialty in manufacturing medium to large customized and highly aesthetic plastic injection molded products. The Company offers gas assist, structural foam, and standard injection processes, as well as assembly and other value-added finishing operations.

We worked with management to acquire this orphaned business from its owner, a real estate investment trust, in 2009. We invested heavily in growth initiatives, and ultimately sold the company in 2015 to a publicly-traded investment company and certain members of management

Seattle, WA

Connect-Air is a leading specialty distributor of low-voltage wire and cable products used in critical building applications, primarily HVAC, security, and fire alarm systems. The Company has a large national footprint, with eight locations throughout the US and Canada, and enjoys an outstanding reputation for customer service.

We acquired the company in 2008 from its founders. After seven years, we exited our investment in 2015 when the business was sold to EIS, a subsidiary of Genuine Parts Company, a Fortune 500 business, where it continues to operate as a subsidiary.

Toledo, OH

Impact Products is one of the largest manufacturers and distributors of (non-chemical) cleaning, maintenance and safety supplies, products and equipment in the United States.  The Company serves diverse end markets, including Jan/San, Foodservice, Safety, Office Products, Healthcare, Industrial, Education and Hospitality, and provides industry leading service levels.

We teamed with management to acquire the business from its previous owners in 2006. After making a follow-on acquisition, we exited our investment in 2011 through a sale of the business. Impact is now a subsidiary of a Fortune 500 distribution business.

Kansas City, MO

ROM Corp. is a leading manufacturer of products for the trucking and transportation industries. Product lines include Roll-Up compartment doors, folding safety ramps, and automated bed covers.

We initially acquired the business in 2004, and after several successful years, sold a large majority interest to a leading West Coast based private equity firm. We ultimately exited together in 2013, after nine years. At the time of sale, the business had grown revenues tenfold since our original investment.

Adaptec Solutions announces acquisition of Integrated Solutions, LLC.

November 17th, 2020

ROCHESTER, N.Y. – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Adaptec Solutions (“Adaptec”)  acquired Integrated Solutions, LLC., a Memphis, Tennessee-based provider of custom engineered-to-order material handling equipment with deep experience in complex conveyor solutions. Adaptec is a full-service integrator of material handling, robotics and automation solutions across a broad spectrum of…[MORE]

Comstar Technologies Announces Acquisition of Comtel VoIP, Inc

October 6th, 2020

Accelerating its Growth Trajectory, Comstar Technologies Expands its Pennsylvania and Western New York Footprint to Better Service Commercial Business Technology Needs West Chester, PA, – October 6, 2020 – Comstar Technologies, an international provider of today’s most advanced telecommunications, Managed IT services, physical security, and audio-visual solutions, is pleased to announce today that it has…[MORE]

Aloi, ACE, and Mainstream Announce Company Rebrand to Adaptec Solutions

August 14th, 2020

ROCHESTER, N.Y.–(BUSINESS WIRE)–Last year, Aloi Materials Handling and Automation shared exciting news that they acquired Automated Cells & Equipment and Mainstream. As a part of their ongoing integration, they are pleased to announce their new combined company name: Adaptec Solutions. Adaptec Solutions is a single source integrator for all material handling and automation needs. Their…[MORE]

Globalization Partners Closes $150 Million Minority Investment

February 4th, 2020

 Boston—February 4, 2020—Globalization Partners Inc., whose Global Expansion Platform™ enables companies to hire talent in more than 170 countries within days without the need to first set up costly international subsidiaries, today announced it has closed on a $150 million minority equity investment led by funds managed by Wincove Private Holdings and TDR Capital, with…[MORE]

Aloi Materials Handling & Automation Completes Two Key Acquisitions

September 25th, 2019

ROCHESTER, NY – September 25, 2019 – Wincove Private Holding, LP (“Wincove”) announced today that its portfolio company, Aloi Materials Handling & Automation, LLC, (“Aloi”) successfully completed two key acquisitions in 2019. Aloi acquired Automated Cells & Equipment (ACE) in April 2019. ACE is a leading provider of robotic automation systems to multiple industries, including…[MORE]

Wincove Invests in Fortbrand Services

April 9th, 2019

NEW YORK, NY – April 9, 2019 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Fortbrand Services, LLC (“Fortbrand” or the “Company”). Fortbrand is a leading provider of maintenance and support equipment to the aviation industry. The Company sells, leases and rents aircraft ground support equipment and airfield maintenance…[MORE]

Centerline Communications LLC completes the acquisition of Notora, LLC

March 13th, 2019

March 13, 2019 West Bridgewater, MA – March 13, 2019 – Centerline Communications LLC (“Centerline”) announced today that it has acquired Notora, LLC (“Notora”). Notora is a radio frequency (“RF”) engineering firm based out of Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test and turn-up Distributed Antenna (“DAS”)…[MORE]

Comstar Technologies Acquires E-Tel Systems Corporation

January 28th, 2019

January 28, 2019 New York, NY Jan 28, 2019: Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully acquired northern Virginia based E-Tel Systems Corporation. Established in 1992, E-Tel has been a prominent telecommunications provider throughout the Mid-Atlantic region serving business customers of all sizes,…[MORE]

Rhino Assembly and The Tool House add Hovair Automotive to their manufacturing portfolio.

December 21st, 2018

December 21, 2018 CONCORD, NC Dec. 21, 2018: Rhino Assembly and The Tool House announce the acquisition of Hovair Automotive, located in Franklin, IN. Hovair Automotive services apply to all industries offering design, layout and simulation capabilities related to the material handling arena. Products consist of, but are not limited to, lift tables, tilt tables,…[MORE]

Rhino Assembly Company and The Tool House Unite as One

September 28th, 2018

September 28, 2018 CONCORD, NC Sep. 28, 2018: The combination of Rhino Assembly and The Tool House joins two extraordinary industrial distributors, very similar in size and culture with strengths that are highly complementary. This new entity will be a true combination of equals, enabling a more expansive portfolio of products and broader standardized services…[MORE]

Rhino Assembly Company Acquires the CH Reed Tool and Assembly Division

August 28th, 2018

Rhino Assembly Acquires the CH Reed Tool and Assembly Division, Expands Product Portfolio into the North East, US August 28th, 2018 Concord, NC – August 28, 2018 – Rhino Assembly, a full solution provider of industrial tooling and equipment with a focus on innovative assembly solutions, has announced the acquisition of the C.H. Reed Tool…[MORE]

Wincove Recapitalizes Nordock to join Bluff and Wesco in Serving the Material Handling and Warehouse Safety Products Markets

May 15th, 2018

NEW YORK, NY and BOSTON, MA – May 15, 2018 – Wincove Private Holdings (“Wincove”) announces the recapitalization of Nordock, Inc. (“Nordock”), which will join Bluff Manufacturing and Wesco Industrial Products to form a platform with a broad and impressive range of material handling and warehouse safety products.  Nordock contributes a market-leading portfolio of pit-levelers, dock…[MORE]

Centerline Communications Completes Acquisition of Tower Resource Management

March 22nd, 2018

March 22nd, 2018 Raynham, MA – March 22, 2018 – Centerline Communications, LLC (“Centerline” or the “Company”) announced today that it has acquired Tower Resource Management, LLC (“TRM”). Headquartered in Foxboro, MA with additional offices in Hanover, MD and Hudson, NH, TRM is a provider of telecommunications infrastructure services in New England and the Baltimore-Washington…[MORE]

Wincove Acquires Wesco Industrial Products to join Bluff Manufacturing in Serving the Material Handling and Warehouse Safety Products Markets

January 16th, 2018

January 16, 2018 NORTH WALES, PA and FORT WORTH, TX– January 16, 2018 –Wesco Industrial Products and Bluff Manufacturing have combined under Wincove Private Holdings. Joining together, Wesco and Bluff will expand their comprehensive material handling and warehouse safety solutions to benefit customers both domestically and internationally. Aligning the two companies will greatly enhance their offerings,…[MORE]

Comstar Completes Key Acquisitions in 2017

December 15th, 2017

December 15, 2017 New York, NY – December 15, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that its portfolio company Comstar Technologies, LLC (“Comstar” or the “Company”) successfully completed two key acquisitions in the seven-month period following the May 2017 recapitalization of the Company: NascentHub, LLC (May 2017), a provider of telecom services based…[MORE]

Bluff Manufacturing Awarded MHEDA Most Valuable Supplier Award

November 30th, 2017

November 30, 2017 Fort Worth, TX – November 30, 2017 – Bluff Manufacturing (“Bluff” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was awarded the Material Handling Equipment Distributors Association (“MHEDA”) 2018 Most Valuable Supplier Award. This is the third year in a row that Bluff won this award, which recognizes companies…[MORE]

Rhino Assembly Ranked No. 16 on 2017 North Carolina Mid-Market Fast 40 List

October 4th, 2017

October 4, 2017 Concord, NC – October 4, 2017 – Rhino Assembly Company, LLC (“Rhino” or the “Company”), an investment of Wincove Private Holdings, LP (“Wincove”), was ranked No. 16 on the North Carolina Mid-Market Fast 40 list for 2017. Coordinated by Business North Carolina and Cherry Bekaert LLP in conjunction with Manning, Fulton &…[MORE]

Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

August 18th, 2017

August 18, 2017 Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”). Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers,…[MORE]

Wincove Invests in Rhino Assembly

August 11th, 2017

August 11, 2017 Boston, MA – August 11, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently invested in Rhino Assembly Company, LLC (“Rhino” or the “Company”). Headquartered in Concord, NC, Rhino is a value-added distributor of high-performance assembly tools and material handling equipment used in heavy manufacturing. The company’s assembly tool…[MORE]

Wincove Leads Recapitalization of Comstar Technologies

May 17th, 2017

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for…[MORE]

Wincove Leads Recapitalization of Hygrade Components

May 26th, 2016

Boston, MA – May 27, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has led the recapitalization of Hygrade Metal Moulding Manufacturing Corp., d.b.a. Hygrade Components (“Hygrade” or the “Company”). Headquartered in Bethlehem, PA, Hygrade is a leading provider of components used in the manufacture of residential and commercial windows and doors. Hygrade’s…[MORE]

Wincove Leads Acquisition and Recapitalization of Bluff Manufacturing

May 23rd, 2016

New York, NY – May 23, 2016 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led a recapitalization of Bluff Holdings, Inc., d.b.a. Bluff Manufacturing (“Bluff” or the “Company”), together with management. Headquartered in Fort Worth, TX, Bluff is a leading provider of industrial equipment that enhances the safety and efficiency of…[MORE]

Wincove Private Holdings, LP Invests in Aloi Solutions, LLC

April 22nd, 2016

Boston, MA – April 22, 2016 – Wincove Private Holdings, LP (“Wincove”) announced that it has recently led a recapitalization of Aloi Solutions, LLC (“Aloi”). Headquartered in Rochester, NY, Aloi is a leading integrator and value-added distributor of material handling and automation solutions for a diverse range of industries, including the grocery, food & beverage,…[MORE]

Wincove Sells GI Plastek to Gladstone Investment

August 4th, 2015

Janney Montgomery Scott LLC (“Janney”) is pleased to announce that Wincove-GIP Acquisition, Inc. (d.b.a. GI Plastek) (“GI Plastek” or the “Company”) has been sold to Gladstone Investment Corporation (NASDAQ: GAIN) (“Gladstone Investment”), a business development company based in McLean, VA. GI Plastek, a leading manufacturer of medium to large, customized and highly aesthetic plastic injection…[MORE]

EIS Announces Acquisition of Connect-Air International, Inc.

April 1st, 2015

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired Connect-Air International, Inc. headquartered in Seattle, WA from Wincove Capital. Connect-Air is a leading North American specialty distributor of low-voltage wire and cable used in critical building applications, primarily HVAC (heating, ventilations and air-conditioning), security and fire alarm systems. Connect-Air services the…[MORE]

GI Plastek Completes Major Plant Expansion

September 10th, 2014

GI Plastek recently completed a major expansion project increasing the plant size from 54,000 square feet to 91,000 square feet. Beyond new floor space for growth, the expansion will add new offices, high-ceiling storage and additional shipping bays. Most importantly it consolidated off-site operations and allowed the Company to optimize its production process. “We are…[MORE]

Connect-Air Opens New Facility in Canada

August 6th, 2014

Connect-Air International, Inc. (“Connect-Air” or the “Company”), a portfolio company of Wincove Capital (“Wincove”), is pleased to announce the opening of its new location in Vancouver, BC. While the Company has a long history of international sales, this marks its first facility outside the United States. The expansion into Canada was driven by growing demand…[MORE]

ROM Corporation Sold to The Sterling Group

October 1st, 2013

Century Park Capital Partners is pleased to announce that it has completed the sale of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), two related portfolio companies, to Safe Fleet Acquisition Corp., an investment vehicle formed by The Sterling Group, a Houston-based private equity firm. ROM and SMI manufacture engineered products that improve the safety…[MORE]

Impact Products, LLC Sold to The Pritzker Group

September 15th, 2010

It was announced yesterday that Hampshire Equity Partners has sold its portfolio company, Impact Products, to The Pritzker Group. Terms of the transaction were not disclosed. Lincoln International represented Hampshire Equity Partners in the sale of Impact Products. Lincoln specializes in merger and acquisition advisory services, private capital raising, and restructuring advice on mid-market transactions….[MORE]

Michael McGovern

Partner

Michael has been investing in, and working with management teams to grow, small- and medium- sized businesses for 25 years. Prior to forming Wincove, Michael was a Partner at Hampshire Equity Partners, a NY-based private equity firm with approximately $1 billion of capital under management, where he sourced, led and successfully exited many middle market investments. Michael began his career in the investment banking group of Alex Brown.

He is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, Rhino Tool House, Centerline Communications, and LAKOS. Michael previously served as a Director of HHA eXchange, GI Plastek, Connect-Air International, ROM Corp., Impact Products, Vornado Air, Altair Global Relocation, SAFE Boats International, Transcare Corporation, and Connector Service Corp., among others.

Michael received a B.S., summa cum laude, from Boston College. He and his family (wife and three children) live in the Boston area, where he is active in several non-profit and community-related activities.

John Lenahan

Partner

John has 20 years of experience investing in and building middle-market companies, including several operating roles within portfolio companies. Prior to co-founding Wincove, John was a Vice President at Hampshire Equity Partners, which he joined in 2003. At Hampshire, John was responsible for evaluating and executing potential investments, and managing portfolio company investments. He began his career in the investment banking division of Rothschild Inc.

John is currently a Director of Aloi Solutions, Hygrade Components, Integrated Warehouse Solutions, Comstar Technologies, and Rhino Tool House, and was previously a Director of GI Plastek and Connect-Air International.

John graduated from Georgetown University and earned an MBA from Columbia Business School. He lives in New York City with his wife and two children. He serves on the NYC Advisory Board of Back on My Feet, a charity that addresses homelessness through running.

Admin

John McAlister - Operating Partner

John has over 30 years of operational business and leadership experience in a variety of capacities.  John was a founding member of Wincove Capital, our predecessor business, and previously had been a key member of the senior management teams of four private equity-backed companies. He has extensive experience in lean Six Sigma implementation, overseas sourcing, new product development, and executing and integrating mergers and acquisitions. John began his career as an officer in the United States Army after graduating from West Point.

Sally Edelblute - Chief Financial Officer

Sally Edelblute joined Wincove as Chief Financial Officer in 2020.  Prior to joining Wincove, Sally spent seven years as the Director of Tax at Alcion Ventures, L.P., where she handled tax compliance, structuring and planning for the firm’s funds.  Sally began her career and spent several years at Deloitte and KPMG, where she focused on tax compliance and tax consulting for a number of large and mid-sized private equity funds and REITs.  She graduated magna cum laude from Boston University with a Bachelor of Science in Business Administration, and she is a licensed CPA in the state of Massachusetts.

Matt Marrone - Vice President

Matt joined Wincove as an Associate in 2018. Previously, Matt spent nine years at Wells Fargo Securities, where he was most recently in the Transportation & Logistics investment banking group. He earned a Bachelor of Arts (2009) in Economics and Chinese Language from College of the Holy Cross.

Jared Cockrell - Vice President

Jared joined Wincove as a Vice President in 2019. Previously, Jared spent 9 years at BakerTilly in the Transaction Advisory group focusing on middle market transactions across a number of industries. He earned a Bachelor of Business Administration in Accounting (2009) and Masters in Finance (2010), with honors, from Texas A&M University.

Matt Lavelle - Associate

Matt joined Wincove as an Associate in 2019. Previously, Matt spent two years at Deutsche Bank, where he was in the Global Industrials investment banking group. He earned a Bachelor of Science (2017), magna cum laude, in Finance and Marketing from Boston College.

Caroline Q. Marks - Associate

Caroline joined Wincove as an Associate in 2019. Prior to joining Wincove, Caroline spent three years in the Private Banking division at Brown Brothers Harriman. She earned an Honors Bachelor of Arts (2016) in English and Psychology from the College of the Holy Cross.

Daniel Farrell - Analyst

Dan joined Wincove as an Analyst in 2019. Dan earned a Bachelor of Arts (2018) in Economics and Accounting from Assumption College.

Soraya Green - Office Manager

Barbara Gilbert - Accounting & Finance

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