North Branch Capital LLC has made an undisclosed investment in Motion Solutions. The transaction was done in partnership with Midwest Mezzanine, Robert W. Baird & Co. and Motion Solutions’ management team. First American Bank provided the senior debt. Based in Aliso Viejo, California, Motion Solutions is a provider of linear motion and motion control solutions.
Chicago, Illinois – March 4, 2015
North Branch Capital, LLC (“North Branch”) announced today that it has completed an investment in Motion Solutions. Based in Aliso Viejo, California, Motion Solutions is an engineering focused, value-added distributor of linear motion and motion control solutions for a variety of end markets, including medical device, life sciences, technology, aerospace & defense, and general industrial & automation.
“We are excited to partner with the Motion Solutions team, including Harold Katz, Wally Logan, Scott Depenbrok, and Bill Lackey, to continue to build the nation’s leader in the linear motion and motion controls sector,” said Jon Leiman, Partner of North Branch Capital. “Motion Solutions’ intense focus on engineering and customer service is unmatched in the industry.”
Harold Katz, Chief Executive Officer of Motion Solutions, commented “the Operating expertise of the North Branch team was the key to our selecting them as the best partner for us going forward. North Branch’s Operating Partners, Dan Bauman and Bill Huber, will play key roles in our future growth as we leverage their operational and leadership experience.”
North Branch partnered with Midwest Mezzanine (www.mmfcapital.com), Robert W. Baird & Co. (“Baird”) (www.rwbaird.com), and Motion Solutions’ management team to complete this transaction. Importantly, Harold Katz and Wally Logan (VP of Engineering) will continue to own a significant portion of the business. First American Bank provided the senior debt in the capital structure. The transaction was completed on March 2, 2015. To learn more about Motion Solutions, visit www.motionsolutions.com.
About North Branch
Based in Chicago, North Branch Capital is a private equity investment firm formed in 2014 to deliver a fresh perspective to the middle market. We partner with management teams seeking more from a private equity firm than simply financial acumen – these teams are looking for true strategic and operating expertise to assist in continued growth and creating long term value. Our Operating Partners have extensive knowledge and experience in all aspects of leading a business. Please visit www.northbranchcap.com.