Graycliff Partners, which focuses on private equity and mezzanine investments in the middle markets of the U.S. and Latin America, has invested in Talon Innovations, a Minnesota-based designer and manufacturer of precision machined products. Graycliff Partners, the former HSBC Capital, has invested more than $1 billion since 1991.
Graycliff Partners LP (“Graycliff”), a middle market investment firm focused on private equity and mezzanine investments in the US and Latin America, announced that it has made an investment in Talon Innovations (“Talon”), a Sauk Rapids, MN-based designer and manufacturer of precision machined products.
Talon provides solutions-based product engineering services and is a key supplier to the semiconductor industry, with products including gas delivery systems, face seal fittings, stainless steel weld fittings, diaphragm valves and custom weldments. The company also has engineering and manufacturing capabilities to serve the medical contract manufacturing, oil and gas, aerospace and other industries. With customers throughout the United States, Europe and Asia, Talon offers highly customizable and precision machined product engineering services that are considered best in class by global capital equipment suppliers.
“We are pleased to partner with a world class innovator like Talon,” said Duke Punhong, Principal, Graycliff Partners. “Graycliff has a long history of investing in industrial manufacturers and partnering with management to drive growth and we look forward to working with a recognized market leader with a history of excellence. We believe Graycliff will be a value-added partner to further Talon’s dedication to delivering superior machined solutions and customer service.”
“We are extremely pleased to be working with the Graycliff Partners team. Our shared commitment to build on the demonstrated accomplishments of Talon’s diverse capabilities and our focus on delivering high-value solutions to our customers will drive continued success,” said Greg Olson, Chief Executive Officer, Talon Innovations.
About Graycliff Partners LP
Graycliff Partners is an independent investment firm focusing on lower middle market private equity and mezzanine investments in the United States and Latin America. Graycliff Partners LP is an SEC-registered investment advisor under the US Investment Advisors Act of 1940, as amended. Since 1991, the Graycliff Partners team, previously operating as HSBC Capital, has invested over $1 billion and completed over 80 transactions. With offices in New York and São Paulo, Graycliff Partners seeks to partner with companies led by strong, entrepreneurial management teams, providing capital for acquisitions, management buyouts, recapitalizations, growth and expansion. For more information about Graycliff Partners visit www.graycliffpartners.com.