Argosy Private Equity News
Keep up with the latest updates regarding our team and portfolio.
Argosy Private Equity Acquires Unisorb Installation Technologies
On December 29, 2022, Argosy Private Equity invested in Unisorb Installation Technologies (“Unisorb” or the “Company”). This is the sixth investment in Argosy’s sixth lower middle market fund.
Established in 1935 and headquartered in Michigan Center, Michigan, Unisorb is a provider of highly-engineered products that are mission-critical for the optimum performance and useful life of machinery installation systems. Unisorb’s products anchor, align, level or isolate equipment and machinery from vibrations. The Company has a long-held and diverse customer base, including OEMs, large well-known companies, and smaller machine tool dealers. Argosy partnered with Stone River Capital Partners on the acquisition.
“Unisorb is pleased to be partnering with Argosy. The partnership will enable us to improve product development and implement strategic initiatives to help increase our overall market presence. Argosy is committed to upholding the Unisorb culture and focus on the customer through its specialized engineering team. We believe Argosy’s investment in our growth opportunities will make this partnership a success,” said Kevin Putman, President of Unisorb.
Along with management, Argosy has begun execution of its Value Acceleration Methodology (VAM™) strategy to continue to improve performance and operational efficiency, which is expected to include new product development. With significant growth potential in the power generation market, the business strategy will focus on leveraging the Company’s long-standing relationships with customers, strong brand and product mix, and engineering expertise.
“We are thrilled to be partnering with the Unisorb team to continue to fuel the company’s growth in this highly attractive industry. Unisorb is well regarded in the industry and has an extremely loyal customer base due to its superior quality, expert engineering team, excellent customer service with quick turnaround and product availability, and complete line of solutions,” said Keven Shanahan, Partner, Argosy Private Equity.
Argosy continues to source platform investments for its sixth fund to partner and invest with lower middle market niche manufacturing and business to business services companies that have a substantial ability to grow.
For more information, please contact Keven Shanahan, Partner at kshanahan@argosycapital.com.