Private equity firm Auxo Investment Partners announced today that it has acquired Midway Rotary Die Solutions, adding deeper capabilities to Auxo's die manufacturing platform – Bernal Rotary Dies, Atlas Die, and Atlas Chem-Milling – and furthering Auxo's commitment to meeting the needs of the most sophisticated and demanding customers.
Williamston-based Midway Rotary Die Solutions has come under new private equity ownership, MiBiz has learned. In the latest deal for Grand Rapids-based Auxo Investment Partners, Managing Partner Jeff Helminski says that the firm’s investment in the Williamston-based manufacturer of crush cut dies will add more capabilities to the company’s die manufacturing platform. Included in the acquisition are 50 employees from Midway and a roughly 20,000-square-foot facility in Williamston, Helminski said, adding that the 33-year-old company is the "quintessential story" of two entrepreneurs, Richard and Betsy Seeley, who "found their business and poured their professional life’s work" into building a "world-class organization."
September 09, 2017 (Grand Rapids, Mich.) — Private equity firm Auxo Investment Partners has completed its first deals with the acquisitions of Atlas Die and Bernal, two specialists in the die manufacturing industry. "We are delighted that these two market leading companies with long histories and excellent reputations are our first acquisitions," says Auxo Managing Partner Jeff Helminski We’re honored to have the opportunity to assist the teams at Atlas Die and Bernal achieve their full potential by making long-term investments and providing expert operational and strategic support.”
Midway Rotary Die Solutions has a new owner. Grand Rapids-based private investment firm Auxo Investment Partners announced Tuesday that it has acquired the die manufacturer. Midway designs, manufactures and sharpens dies for automotive, packaging, medical and food processing purposes.
November, 13 2017 (Elkhart, Indiana.) — Private equity firm Auxo Investment Partners announces that it made its first acquisition with the purchase of Atlas Die LLC, and Bernal LLC, two market leaders in the die manufacturing industry. Atlas Die, based in Elkhart, IN, USA, was founded in 1952 by S. Ray Miller in his basement. Bernal, founded in 1972, produces complex solid rotary pressure dies, crush cut dies, state-of-the-art, high-volume rotary converting systems for die cutting, food processing, folding cartons, specialty bandages and alcohol swabs and other complex products.
September 05, 2017 (Grand Rapids, Mich.) — A local private equity firm has closed its first acquisitions. Grand Rapids-based Auxo Investment Partners, which was launched last October by a pair of former Blackford Capital execs and an entrepreneur, said it acquired a pair of Midwest tool-and-die manufacturers. Auxo added Indiana-based Atlas Die and Rochester Hills-based Bernal as its first portfolio companies.