Long Point Capital
Date of Announcement: 7/20/06
Long Point Capital Portfolio Company Makes Acquisition
Long Point Capital is pleased to announce that our portfolio company, Arrow Tru-Line, has acquired Collier Springs. Located in Brantford, Ontario, Collier produces a leading brand of garage door springs as well as other garage door hardware components. The acquisition of Collier increases Arrow's vertical integration and provides further geographic coverage for Arrow Tru-Line.

Arrow Tru-Line, which is North America's leading independent manufacturer of hardware for residential and commercial overhead garage doors, is highly interested in continuing to make targeted add-on acquisitions both in the garage door industry and outside of it. Arrow Tru-Line is most interested in roll-formers or stampers of metal products in the following additional industries:
  • Material Handling
  • Agriculture
  • Highway & Bridge
  • Window & Door
  • HVAC
For add-ons in such industries, targeted minimum revenue is $30 million and the company should do business primarily in North America. Please contact us (gperkins@longpointcapital.com) if you know of acquisition opportunities in these areas. We gladly pay finders' fees where appropriate.

Long Point Capital is a Michigan and New York based investment fund which partners with growth oriented companies to provide both equity capital and management support. Long Point Capital has over $300 million of capital under management and focuses on investments in manufacturing, distribution or industrial service companies with revenues between $30 million and $200 million.