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Construction & Engineering Services | Industrial Machinery & Components

T BAILEY has been acquired by Saothair Capital Partners

Saothair Capital Partners has completed the acquisition of T BAILEY. This transaction will provide T BAILEY with the resources needed to continue delivering exceptional service to its customers and strengthen its position in the marketplace.

Based in Anacortes, Washington, T BAILEY is a leading, vertically integrated provider of large-scale, above-ground industrial tanks and other highly engineered steel solutions to the water and wastewater, marine, transportation infrastructure and energy markets. T BAILEY is the go-to provider in the Pacific Northwest and beyond, completing projects as far away as Alaska and Hawaii. Since its founding in 1991 by Gene Tanaka, the company has been trusted by customers to deliver complex projects on time and within budget. T BAILEY’s highly technical solutions include field-erected and shop-built tanks, marine dock pontoons, casing, penstock, pressure vessels, custom fabricated products and maintenance and repairs.

Saothair Capital Partners is a private investment firm focused exclusively on investing in middle-market manufacturing and industrial businesses. The firm makes controlling equity investments in companies across a range of industries, including paper and packaging, plastics, metals processing, automotive, building products, healthcare-related products, food and beverage and other manufacturing sectors.

Oaklins TM Capital in the USA served as the exclusive financial advisor to T BAILEY in connection with its sale to Saothair Capital Partners. Oaklins Janes Capital, based in Irvine, USA, supported the transaction in its early stages.

Parties
“Finding the right advisor was a critical decision as we considered a potential sale of our 30-year-old, founder-owned business. From the outset, the Oaklins TM Capital team demonstrated a deep understanding of our nuanced industry and an unwavering commitment to our goals. They guided us through every step of the process with unparalleled care and expertise, anticipated challenges before they arose, kept us grounded and ensured we achieved an outcome that aligns perfectly with our goals. Thanks to their thoughtful guidance and tireless efforts, we were able to secure a partner who shares our passion for innovation and our dedication to building on the foundation we’ve established.”

Gene Tanaka

Founder and CEO, T BAILEY

Talk to the deal team

Andy Krna

Managing Director
New York, United States
Oaklins TM Capital

Stephen Perry

Managing Director
Irvine, United States
Oaklins Janes Capital

Tabb Neblett

Associate Director
Atlanta, United States
Oaklins TM Capital

Kevin Corcoran

Associate
Boston, United States
Oaklins TM Capital

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