Go to deals
Private Equity | Construction & Engineering Services

Versatrim has been acquired by Saw Mill Capital

The shareholders of Versatrim, Inc. have sold the company to Saw Mill Capital.

Versatrim manufactures, sells and distributes a complete line of custom-coordinated laminate floor molding and trim for laminate and vinyl flooring, selling exclusively to the residential remodeling market. The company’s innovative approach to molding solutions, and its ability to coordinate with most of the top colors in the vinyl, luxury vinyl tile, wood plastic vinyl and laminate flooring industry, has guided it to the forefront as a leading manufacturer of floor moldings.

Founded in 1997, Saw Mill Capital is a lower middle-market private equity firm based in the suburbs of New York, USA. The firm focuses on investing in companies in the business services, specialty distribution and manufactured products industries.

Oaklins’ team in Jacksonville acted as the lead advisor to the seller and the management of Versatrim, Inc. in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers, and assisted them until closing. The team in Germany supported the transaction.

Parties

Talk to the deal team

Bill Sorenson

Principal
Jacksonville, United States
Oaklins Heritage

Mary Frosio

Principal
Jacksonville, United States
Oaklins Heritage

Don Wiggins

Principal
Jacksonville, United States
Oaklins Heritage

Dr. Florian von Alten

Managing Partner
Hamburg, Germany
Oaklins Germany

Robert Cilek

Director
Jacksonville, United States
Oaklins Heritage

Related deals

Bolster Investment Partners has acquired a majority stake in Eternal Sun
Private Equity | Energy

Bolster Investment Partners has acquired a majority stake in Eternal Sun

Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.

Learn more
iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
Private Equity | Construction & Engineering Services | Energy | TMT

iwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets

iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.

Learn more
Le Cercle has successfully completed its primary LBO in partnership with FrenchFood Capital and Bpifrance
Private Equity | Consumer & Retail | Food & Beverage

Le Cercle has successfully completed its primary LBO in partnership with FrenchFood Capital and Bpifrance

Le Cercle, a pioneer in reusable meal trays and a leading catering company in the Île-de-France region, is entering a new phase of development with an investment from FrenchFood Capital and the support of Bpifrance. This transaction also marks the appointment of Nathalie Grand-Morin, currently managing director, as the new CEO of the company.

Learn more