Polish Metals, a portfolio company of Sky Island Capital, has acquired California-based Pride Metal Polishing, a metal polishing company. No financial terms were disclosed.
Dallas, Texas – June 2, 2021 – Sky Island Capital LP (“Sky Island”), a Dallas-based lower middle market private equity firm, is pleased to announce that its portfolio company, Polished Metals Limited (“Polished Metals”), has acquired Pride Metal Polishing Inc. (“Pride Metal Polishing”). Headquartered in the Los Angeles area, Pride Metal Polishing is a leading metal polisher, servicing metal distributors, metal fabricators, architects, and designers with commercial and custom-residential metal finishing and polishing.
“Pride Metal Polishing’s strategically located facility in the Los Angeles area will allow us to build out our presence on the West Coast,” remarked Jeff Watson, Chief Executive Officer of Polished Metals. “We look forward to bringing the Pride Metal Polishing team on board and improving both businesses through the collaboration of Rod Lowell and our highly experienced team.”
Rod Lowell, President of Pride Metal Polishing commented, “We are excited to partner with Polished Metals and the Sky Island team. This combination will further solidify our position as the pre-eminent metal polisher on the West Coast and add new capabilities to better serve existing and new customers.”
Sky Island Capital Managing Partner Jack Waterstreet added, “This transaction will enable Polished Metals to grow its customer base and expand its presence from coast to coast. We intend to continue growing Polished Metals as the leading metal polisher in North America through organic initiatives and add-on acquisitions.”
About Sky Island Capital
Sky Island Capital (www.skyislandcap.com) is a lower middle market private equity firm based in Dallas, Texas that makes control investments in strategically viable North American manufacturing companies that exhibit transformational upside potential. Sky Island focuses on situations where it can draw upon its deep operational experience to support senior management in driving significant value creation through operational and strategic partnership, including add-on acquisitions. Sky Island is comfortable with and has a history of executing transactions with complex dynamics, including family-owned businesses, management buyouts, corporate carve-outs, public to privates, lender-controlled businesses, and other special situations.
About Polished Metals
Founded in 1979, Polished Metals (www.polishedmetals.com) is one of the country’s largest polishers and suppliers of architectural and ornamental metals, offering a variety of finishes and metals to several end markets, including the architecture and design community, elevators, escalators, transportation, and many others. Headquartered in Hillside, New Jersey with an additional production facility in El Monte, California, Polished Metals maintains a diverse customer base throughout North America.