Posts by balmoral

1st June 2021   Epsilyte Holdings LLC, a leading provider of expandable polystyrene (EPS), services, and solutions has acquired Polysource Inc., a leading producer of compounded EPS and molded products used in building insulation, personal safety equipment, and filtration media. Epsilyte is owned by an affiliate of Balmoral Funds and management. With the acquisition of Polysource,…

January 01, 2021 10:36 AM Eastern Standard Time LOS ANGELES–(BUSINESS WIRE)–Balmoral Funds LLC (“Balmoral”) announced today the sale of VESTA Housing Solutions LLC (“VESTA” or the “Company”) to Kinderhook Industries, LLC (“Kinderhook”) and management. Financial terms of the transaction were not disclosed. Founded in 2014 and headquartered in Southfield, MI, VESTA is a leading provider…

Affiliate of Balmoral Funds Agrees to Purchase and Operate Flint Hills Resources LLC Expandable Polystyrene (EPS) business in Peru, Illinois (Peru, IL) — An affiliate of Balmoral Funds LLC has signed a definitive agreement to purchase the expandable polystyrene (“EPS”) business of Flint Hills Resources Peru through a management buyout led by industry veteran Brad…

How plastic pallet company iGPS went from a startup to becoming the leading provider of sustainable plastic pallets in North America. Pallets “are the industrial equivalent of oxygen,” according to Jonathan Victor, co-founder of Balmoral Funds, a private equity firm in Los Angeles. They are often invisible to the average person, seemingly ubiquitous and taken…

Aero Interiors Company (“AIC”), an affiliate of Balmoral Funds, has acquired the assets of ECNC Inc., an aerospace-focused CNC machining and milling business based in Oregon. This acquisition meaningfully expands the breadth of products and services offered by AIC. “Adding a full-scale CNC machining operation enhances AIC’s vertically integrated capabilities. This transaction furthers AIC’s ability…

East West Bank served as Lead Arranger and Administrative Agent for a three- year, $90 million senior secured credit facility, consisting of a i) $65 million asset based revolving line of credit, and ii) $25 million cash-flow term loan. The facilities will refinance the company’s existing senior debt and provide working capital to support growth. Headquartered…

After several years of a successful joint venture partnership, Balmoral Funds has completed an equity investment in KP Aviation (“KPA”), an aerospace aftermarket sale and leasing company based in Reno, NV. Balmoral began its relationship with Kim and Paul Schulze in 2008. It was only in 2015 when the parties formed the first of a…

Aero Interiors Company (“AIC”), an affiliate of Balmoral Funds, has acquired the assets of AeroV, a designer, manufacturer and assembler of products for aircraft interiors based in Austin, Texas. The acquisition of AeroVentions represents an expansion of AIC’s business relationships, product breadth, and management talent. Rejoining AIC are various senior-level managers from AeroV, who previously…

We are pleased to announce that our portfolio company, Enesco, a global leader in the giftware, home décor, and accessories industries has completed its acquisition of Things Remembered, Inc., the leading omnichannel retailer of personalized gifts and merchandise. The Things Remembered online, direct mail, and B2B retail businesses, as well as 176 of its stores, will continue…