Linsalata Capital Partners, a middle market private equity firm in Cleveland, Ohio, has sold The Tranzonic Companies to Silver Oak Services Partners. No financial terms were disclosed for the transaction, which took place on July 5, 2013. Headquartered in Richmond Heights, Ohio, Tranzonic is a provider of maintenance, cleaning and safety products.
Mayfield Heights, Ohio (July 16, 2013) – Linsalata Capital Partners (“LinCap”), a leading middle market private equity firm based in Cleveland, Ohio, announced the sale of The Tranzonic Companies (“Tranzonic’) to Silver Oak Services Partners on July 5, 2012.
Headquartered in Richmond Heights, Ohio, with distributions facilities in Knoxville, TN, Reno, NV, and Miami, FL, Tranzonic is a leading distributor of a wide array of Away From Home disposable absorbent and non-absorbent maintenance, cleaning and safety products. Tranzonic offers a comprehensive suite of janitorial and sanitation products, including wipers, toilet seat covers, feminine hygiene and other cleaning and janitorial supplies. Tranzonic’s focused distribution business and unique value-added services have established it as a leading service-oriented full line provider of industry leading products.
Through its ownership period LinCap supported numerous operational and process management initiatives to improve the performance and efficiency of the business, ultimately creating a converting and distribution platform focused on the AwayFrom Home market with an expanded proprietary brand presence and enhanced global sourcing.
About Linsalata Capital Partners
Linsalata Capital Partners, located in the Cleveland, Ohio suburb of Mayfield Heights, was founded in 1984 and has combined its strong financial capabilities with extensive operational experience to accelerate the growth of middle market companies. In its more than 29 years of investing, the firm has completed more than 100 buyside transactions totaling more than $3.5 billion. Linsalata Capital Partners is currently investing from its recently raised fund, Linsalata Capital Partners Fund VI, L.P. (“LinCap VI”), with $427 million in committed equity capital. For more information, please visit www.linsalatacapital.com.