ROM Corp., a company backed by Century Park Capital Partners, has acquired Bustin Industrial Products, a division of MW Supply Inc. ROM Corp. is a manufacturer of specialty components for vehicles in the emergency, trucking and military sectors. Terms of the acquisition were not released. Bustin Industrial Products is based in East Stroudsburg, Penn.
Century Park Capital Partners is pleased to announce that ROM Corporation, a leading manufacturer of specialty components for vehicles in the emergency, trucking and military sectors, has acquired Bustin Industrial Products, a division of MW Supply, Inc.
Bustin Industrial Products is based in East Stroudsburg, Pennsylvania, and manufactures truck and trailer access products such as walk ramps, steps, and platforms as well as industrial safety access solutions that include crossovers, servicing platforms, ladders, handrails and work stands. These products are essential for worker safety and greatly reduce the potential for workplace injuries. MW Supply, which is located in Glen Rose, Texas, will return to its roots as a manufacturer of cargo control solutions and will continue to distribute safety access solutions as a value added re-seller for ROM and Bustin products.
“We’ve always had a great deal of respect for Bustin’s high-quality, safety-focused products in the truck and trailer marketplace,” says Jeff Hupke, President of ROM. “Customers will quickly notice the synergies between the companies, and will benefit from more robust sales and engineering teams, an expanded product portfolio, and the ability to get products to market more quickly.”
Steven Trembley, a Principal with Century Park Capital Partners, commented, “ROM’s acquisition of Bustin is an excellent strategic fit. The acquisition will expand customer choice and strengthen key customer relationships. In addition, Century Park believes that with that addition of Bustin’s exceptional engineering capabilities, ROM will be able to drive growth by penetrating adjacent markets.”
The terms of the transaction were not disclosed.
About ROM: Based in Belton, MO, ROM designs and manufactures innovative niche products used in the trucking and transportation industries. Its primary products include shutter doors used in fire safety and military vehicles, as well as ramps, insulated bulkheads and related products used in foodservice trailers. The company has the leading market positions in its core product lines, with strong brand recognition and a reputation for premium quality. For more information on ROM Corporation, please visit www.romcorp.com.
About Century Park Capital Partners: Century Park Capital Partners is a Los Angeles-based private equity firm that partners with owner/managers to build successful companies. The firm specializes in facilitating owner liquidity and business expansion by providing equity for recapitalizations, buyouts, growth financings, and acquisitions.