Harbour Group backs NWI

Harbour Group has made an undisclosed investment in Tampa-based Nationwide Enterprises, a maker of specialty hardware to OEMs, distributors and installers in the fence and gate, cable railing and patio markets. BlackArch Partners LLC advised Argosy Private Equity, a backer of NWI, on the transaction.



BlackArch Partners LLC (“BlackArch”) is pleased to announce that Nationwide Enterprises (“NWI” or the “Company”), a portfolio company of Argosy Investment Partners V, L.P. (“Argosy Private Equity” or “Argosy”), is now part of the Harbour Group family of companies. Nationwide Enterprises, headquartered in Tampa, FL, is the parent company of Nationwide Industries and The Cable Connection and is the leading manufacturer and supplier of specialty hardware to OEMs, distributors and installers in the fence & gate, cable railing and patio markets.

BlackArch was retained by Argosy to serve as the Company’s exclusive financial advisor. The transaction serves as another example of BlackArch’s deep experience in serving clients within the Building Products and Infrastructure and Diversified Industrials sectors and is representative of the firm’s focus on providing unique M&A advisory services to market-leading and sponsor-backed growth businesses.

Kirk Griswold, Founding Partner of Argosy Private Equity, commented, “The BlackArch team did an outstanding job delivering a great outcome for Argosy and NWI. From beginning to end, their industry expertise, work ethic and attention to detail were top notch. They developed a productive working relationship with the management team and skillfully positioned the business for an efficient and successful process. We had a great experience working with BlackArch and look forward to doing so again in the future.”

Chris Kliefoth, CEO of Nationwide Enterprises, commented, “The entire team at NWI would like to thank Argosy for their amazing support in our journey to become the industry’s leading fence, gate and railing components supplier. BlackArch Partners’ industry expertise, process execution and knowledge of the buyer universe were invaluable in identifying another great partner in Harbour Group to further accelerate our growth and vision.”

About Argosy Private Equity
Argosy Private Equity, founded in 1990, specializes in providing capital and operating and financial expertise to lower middle market companies across a broad range of industries. Argosy partners with motivated management teams investing in companies with sustainable competitive advantages and attractive growth prospects. Argosy Private Equity is located in Wayne, Pennsylvania. http://www.argosyprivateequity.com

About Nationwide Enterprises
Nationwide Enterprises is the leading manufacturer and supplier of specialty fence, gate and cable railing hardware in the United States. The Company’s products include hinges, latches, locks, rollers, railing post mounts and cable railing infill used in a wide range of vinyl, ornamental, specialty, wood, cable and chain link fence applications. With an established reputation for exceptional customer service, the Company sells its products under the Nationwide and Ultra-Tec brands to thousands of OEM, distributor and installer customers throughout the country. http://www.nationwideindustries.com / http://www.thecableconnection.com

About Harbour Group
Harbour Group is a privately owned, operations focused company based in St. Louis, Missouri. Harbour Group’s companies are engaged in manufacturing and distribution across diverse industries including interior wallcoverings and fabrics, LED lighting, flow control, scientific products and lab ware, thermal management solutions, flow and energy measurement, boiler systems, professional diagnostic and repair tools, niche distribution, and auxiliary plastic processing equipment. Since its founding in 1976, Harbour Group has acquired more than 200 companies in 43 different industries. http://www.harbourgroup.com

About BlackArch Partners
BlackArch Partners is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch addresses the needs of owner-operators, founders and shareholders of private companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, NC, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed more than 350 transactions in 16 countries on four continents. Please visit our website, http://www.blackarchpartners.com, for more details.