Long Point Capital News

Long Point Capital News

2024

10/28/2024
Long Point Announces Its Newest Team Member

Long Point Capital is excited to announce that Ajay Fernandez has joined our team as an Associate. Ajay will be involved in all aspects of the firm, including sourcing transactions,...

10/10/2024
Long Point Capital Announces Appointment of Andy Stein as CEO of UMA Home Decor

Long Point Capital is pleased to announce the appointment of Andy Stein as the new Chief Executive Officer of UMA Home Decor. Stein is an industry veteran with over 30...

09/30/2024
Long Point Founding Partner Ira Starr Discusses Using Private Equity to Accelerate Growth in AEC Firms

Long Point Capital is excited to announce that Founding Partner Ira Starr was a guest participant on Stambaugh Ness’s architecture, engineering, and construction (AEC) podcast. Ira sat down with Jeff...

09/10/2024
Long Point Capital Announces Partnership with BKF Engineers

Long Point Capital is pleased to announce that it has made a significant equity investment in BKF Engineers in partnership with management. With over 450 employees across 16 offices in...

04/02/2024
Allnorth Consultants Acquires Dynamysk Automation and Seeks Additional Acquisitions

Long Point Capital is pleased to announce that our portfolio company, Allnorth Consultants, a leading Canadian multi-disciplinary engineering, project delivery and construction services firm, has acquired Dynamysk Automation, a prominent...

03/11/2024
Long Point Capital Named to Inc.’s 2023 List of Founder-Friendly Investors

Inc. Magazine named Long Point Capital to it’s 2023 list of Founder-Friendly Investors. For over 25 years, Long Point has partnered with successful entrepreneurial owners of lower middle market companies,...

2023

04/03/2023
Long Point Announces Its Newest Team Member

Long Point Capital is excited to announce that Jason Lui has joined our team as an Associate. Jason will be involved in all aspects of the firm, including sourcing transactions,...

03/14/2023
Centrilogic Acquires WatServ

Long Point Capital is pleased to announce that its portfolio company Centrilogic, a global provider of managed IT transformation solutions, has acquired WatServ, an award-winning technology solutions provider that delivers...

03/07/2023
Long Point Capital Welcomes New CEO at MNS Engineers

Long Point Capital is proud to announce the appointment of Darren K. Riegler as President and CEO of MNS Engineers, a multi-service infrastructure consulting firm specializing in civil engineering, construction...

2022

11/30/2022
Long Point Capital Successfully Secures Dismissal of All EYP-Related Litigation

Long Point Capital is pleased to announce the dismissal, with prejudice and without any out-of-pocket payment by Long Point, of all litigation relating to Long Point’s investment in architecture and...

11/08/2022
Long Point Capital Announces Partnership with Allnorth Consultants Limited

Long Point Capital is pleased to announce that it has partnered with management and made a significant equity investment in Allnorth Consultants Limited. With over 750 employees and 21 locations...

10/18/2022
Long Point Capital Hiring Pre-MBA Associates

Long Point Capital is seeking to hire pre-MBA Associates in our New York, New York or Royal Oak, Michigan office. For a job description please click here. Interested candidates should...

07/22/2022
Long Point Welcomes Returning Team Member Will Albertus

Long Point Capital is excited to announce that Will Albertus has rejoined our team as a Vice President in our New York office. Will will be involved in all aspects of...

Archives

09/29/2021
Long Point Capital Announces Partnership with MNS

Long Point Capital is pleased to announce it has acquired an interest in the privately held firm, MNS Engineers, Inc. Headquartered in Santa Barbara, CA, MNS is a multi-service infrastructure...

04/09/2021
Long Point Capital Announces Sale of Investment in Woolpert

Long Point Capital is pleased to announce it has sold its investment in Woolpert in connection with a new strategic investment by MSD Partners, who are partnering with the Woolpert...

11/09/2020
Long Point Capital Announces the Sale of Precision Products Group, Inc.

Long Point Capital is pleased to announce the sale of Precision Products Group, Inc. ("PPG") to Auxo Investment Partners and PPG management. PPG is a leading niche manufacturer of small diameter...

07/31/2019
Long Point Capital: CentriLogic Named a Major Player in IDC MarketScape Report

Long Point Capital is pleased to announce that CentriLogic, a global provider of managed IT solutions, has been recognized as a major player in the IDC MarketScape: Canadian Datacenter Operations and Management 2019...

02/28/2019
Long Point Capital Celebrates 20 Years!

While a lot has changed over the last 20 years, we have consistently built our success and reputation on partnering with outstanding founder, family, and management-owned companies. We extend our deepest...

09/04/2018
Long Point Capital Announces the Sale of Aardvark Straws, a Division of Precision Products Group

Long Point Capital is pleased to announce that its portfolio company, Precision Products Group, a niche manufacturer of spiral-wound tubes and specialty packaging, has sold Aardvark Straws, the sole U.S....

07/25/2018
Long Point Capital Announces its Investment in CentriLogic

Long Point Capital ("LPC") announces its investment in CentriLogic, a global provider of managed IT solutions. Founded in 2007, CentriLogic has a proven track record of delivering to clients adaptable...

05/10/2018
Long Point Capital Engineers the Sale of CHA Consulting, Inc.

Long Point Capital is pleased to announce the sale of CHA Consulting, Inc. ("CHA") to First Reserve and CHA management. CHA provides a wide range of design, engineering and consulting services to...

04/09/2018
Private Equity and ESOPs: Generating Equity Value For Investors, Employees And Selling Shareholders

Over the past year, ESOPs created in partnership with Long Point Capital have been sold to strategic buyers, generating over $50 million in cash proceeds for the employees.   As part...

11/27/2017
Long Point Announces New Senior Management

Corsicana Mattress Company Hires CEO, Chris Baker Earlier this year, Corsicana Mattress (“Corsicana”) hired veteran sleep industry executive Chris Baker as CEO. Headquartered in Corsicana, Texas, Corsicana is a leading manufacturer of...

07/14/2017
Long Point Announces Its Newest Team Member

Niall Garrahan has joined the Long Point Capital team as Associates in our New York office.  Niall will be involved in all aspects of our business, including sourcing transactions, deal...

04/05/2017
Long Point Capital Announces New CEO at HCMC Legal, Inc.

Long Point Capital is pleased to announce the hiring of Joan Davison as President, Chief Executive Officer, and member of the Board of Directors of HCMC Legal, Inc. ("HCMC"), the parent company of...

01/18/2017
Another Professional Services Transaction and Seeking Candidates for Associate Position

CHA Consulting, Inc. ("CHA"), a Long Point Capital ("Long Point") portfolio company, announced that it acquired an interest in American Fire Protection, Inc. ("AFP"), a leader in custom design, engineering,...

11/14/2016
Long Point Capital Announces Sale of Investment in Cumming Group, Inc.

Long Point Capital ("Long Point") is pleased to announce it has sold its investment in Cumming Group, Inc. ("Cumming" or the "Company") through a recapitalization transaction with Tailwind Capital. Cumming...

07/22/2016
Long Point Capital Announces the Successful Sale of St. George Logistics

Long Point Capital is pleased to announce the successful sale of St. George Logistics to Wind Point Partners. St. George is the leading provider of container freight station services for ocean cargo...

01/26/2016
Furniture Today Headlines Feature Corsicana. "Corsicana Aims to Raise Profile, Boost Capacity"

Corsicana Aims to Raise Profile, Boost Capacity By: David Perry - Furniture Today, January 26, 2016 AT THE MARKET — Promotional bedding powerhouse Corsicana is back at the market here — with a new...

01/13/2016
Long Point Capital Announces the Recapitalization of Corsicana Bedding and the Appointment of a New CEO

Long Point Capital is pleased to announce that it has partnered with management to recapitalize Corsicana Bedding, LLC ("Corsicana"), the leading private label mattress manufacturer in the industry.  With nationwide...

09/01/2015
St. George Logistics Profiled in Transportation & Logistics International

Source: Russ Gager, Transportation & Logistics International ST. GEORGE LOGISTICS OFFERS ITS CUSTOMERS A VARIETY OF SERVICES WITH THE HELP OF ITS HIGHLY EXPERIENCED EMPLOYEES.  Recent strikes at the Ports of Long Beach and...

07/01/2015
EYP Recognized by Building Design + Construction Magazine

Building Design + Construction Magazine have presented their findings in their annual Giants 300 Report, which ranks the leading design firms in the architecture, engineering and construction industry. EYP, a...

07/01/2015
Long Point Capital Enhances Its Team with Two New Vice Presidents; Promotes Norman Scherr and Hires Daniel Ron

Long Point Capital is pleased to announce the promotion of Norman Scherr to Vice President. Norm has been with Long Point since 2010 and has had deep involvement with all...

03/30/2015
Precision Products Group Completes Two Add-on Acquisitions

Long Point Capital is pleased to announce that its portfolio company Precision Products Group, Inc. ("PPG") has acquired Phenix Tube Corp. (“Phenix”) and Euclid Spiral Paper Tube Corp. (“Euclid”).  Phenix,...

01/14/2015
Success with Saxton

Long Point Capital is pleased to announce that it has exited its investment in The Saxton Group in just over two years. Headquartered in Dallas, Texas, and founded in 1982 by...

11/25/2014
Long Point Capital Announces Fund III

Long Point Capital is pleased to announce the closing of its third private equity fund with $238 million of committed capital. A private equity firm with offices in New York...

10/01/2014
EYP Acquires WHR Architects

Long Point Capital is pleased to announce that its portfolio company EYP, Inc. ("EYP") has acquired WHR Architects Inc. (“WHR”), a full-service architecture and interior design firm specializing in the...

08/26/2014
Atlantic Plywood featured in article on Employee Ownership and Private Equity

Source: Mary Josephs, Forbes.com Strange And Wonderful Bedfellows: Private Equity And Employee Ownership   The rise of private equity as a corporate ownership format has over the last 40 years or so roughly...

06/06/2014
Long Point Capital Announces Recapitalization of UMA Enterprises and New Partnership with Employees

Long Point Capital is pleased to announce that it has partnered with the employees of UMA Enterprises to complete a recapitalization by an Employee Stock Ownership Plan ("ESOP"). Through the...

08/07/2013
Long Point Capital Welcomes Newest Team Member

Will Albertus has joined the Long Point Capital team as an Associate in our New York office. He will be involved in all aspects of our business, including sourcing transactions,...

08/01/2013
Long Point Capital Announces the Recapitalization of Precision Products Group

Long Point Capital, Inc. is pleased to announce the recapitalization of Precision Products Group, Inc. (PPG), a leading niche manufacturer of small diameter spiral-wound tubes and cores primarily for the...

07/15/2013
Long Point Capital Announces an Investment in St. George Warehouse and the Appointment of a New CEO

Long Point Capital is pleased to announce that it has partnered with management to invest equity and mezzanine capital in St. George Warehouse ("St. George"), the leading independent provider of...

07/15/2013
The New York Office of Long Point Capital Has Moved

Please note our new address: 747 Third Avenue 22nd Floor New York, NY 10017 All other contact information remains the same.

01/21/2013
Long Point Capital Announces New Partnership with Management and Employees of Multi-Unit Restaurant Franchisee The Saxton Group

Long Point Capital is pleased to announce that it has partnered with the management team to structure and help finance the sale of The Saxton Group Holdings ("The Saxton Group")...

04/17/2012
Long Point Capital Hits the Mark with Savage Sports Exit

Long Point Capital is pleased to announce the sale of Savage Sports Holdings to Norwest Equity Partners and Savage management, tripling its investment. Savage is a premier provider of outdoor sportsman...

01/26/2012
Long Point Capital Invests In Outstanding Companies

Artistic Stairs Awarded 2012 Consumer Choice Award for Business Excellence for construction second year in a row! Consumer Choice Award announced Artistic Stairs as one of the 2012 Top Service Providers in...

12/14/2011
EYP Selected As A Nationwide “Best AEC Firm To Work For” by Building Design + Construction Magazine

Long Point Capital is pleased to announce that its portfolio company, EYP was recently selected as one of the nation’s Best AEC Firms to Work For in 2011 by Building...

11/14/2011
LPC Design and Construction Platform Acquires Complementary Engineering Business

Long Point Capital is pleased to announce that its portfolio company CHA Consulting, Inc. ("CHA") has acquired Gryphon International Engineering Inc. ("Gryphon"). Headquartered in St. Catharines, Ontario, Gryphon provides a...

09/26/2011
Long Point Capital Announces New Partnership with Management and Employees of Mestel & Company and Hire Counsel

Long Point Capital is pleased to announce that it has made an investment in Mestel & Company and Hire Counsel , providing financing for the sale of the companies' stock...

08/10/2011
Long Point Capital Announces New Equity Partnership with EYP

Long Point Capital is pleased to announce a significant equity investment in EYP Architecture & Engineering. With 325 professionals located in six offices across the country, EYP is one of...

06/15/2011
Long Point Capital Welcomes Newest Team Member

Bruce Smith has joined the Long Point Capital team as an Associate in our New York office. Bruce will be involved in all aspects of our business, including sourcing transactions,...

07/29/2010
Recent Changes in New York and Royal Oak!

We are pleased to inform you that our New York office has relocated to the following address effective August 2, 2010 Long Point Capital, Inc. 437 Madison Avenue 32nd Floor New York, NY 10022 Our...

02/18/2009
Long Point Capital Announces Its Investment in CHA, Inc.

Long Point Capital, in partnership with management, is pleased to announce the recapitalization of CHA Inc., a leading provider of engineering services with 26 offices from Maine to Texas. CHA...

01/20/2009
Long Point Capital Portfolio Welcomes Newest Team Member

Long Point Capital is pleased to announce that Will Cameron has joined our team as an Associate in our New York office. Will will be involved in all aspects of our...

09/09/2008
Artistic Holdings Opens Charlotte Office and Seeks Add-on Acquisitions

Long Point Capital’s portfolio company Artistic Holdings, Inc., North America’s largest provider of turnkey staircase and railing solutions to large and custom homebuilders, recently opened a new office in Charlotte,...

08/11/2008
Long Point Capital Portfolio Company Announces 2nd Add-On Acquisition in 2008

Long Point Capital is pleased to announce that its portfolio company, Cumming Group, Inc. (Cumming), has acquired a highly successful project management firm in South Carolina. Southern Management Group, Inc....

07/09/2008
Long Point Capital Announces Successful Exit of Atlantic Plywood Corporation

Long Point Capital is pleased to announce the successful exit from our portfolio company, Atlantic Plywood Corporation. Long Point sold its investment in Atlantic Plywood to the Atlantic Plywood Corporation Employee...

06/05/2008
Arrow Tru-Line Seeks Add-on Acquisitions

Arrow Tru-Line, a portfolio company of Long Point Capital, is actively seeking acquisitions of businesses engaged in the fabrication of metal products (primary interest in roll formed but would consider...

05/01/2008
Artistic Holdings, Inc. Seeks Add-on Acquisitions

Artistic Holding, Inc. is actively seeking acquisitions of businesses engaged in the sale and installation of residential building products. Through its offices in Atlanta, Calgary, Edmonton, Phoenix and Tucson, Artistic...

03/20/2008
Long Point Capital Portfolio Welcomes Newest Team Member

Long Point Capital is pleased to announce that Tim Czyzak has joined our team as an Associate in our Michigan office. Tim will be involved in all aspects of our business,...

02/06/2008
Long Point Capital Portfolio Company Announces Add-On Acquisition

Long Point Capital is pleased to announce that its portfolio company, Cumming Group, Inc. (Cumming), has acquired a highly successful project management firm serving Southern California. Construction Controls Group, Inc. (CCG) focuses on both education...

12/03/2007
Long Point Capital Portfolio Company Seeks Add-on Acquisitions

Long Point Capital's portfolio company, a leading provider of third-party construction management and cost management services, is actively seeking add-on acquisitions to complement and broaden its service offerings and to accelerate...

11/26/2007
Long Point Capital announces the Recapitalization of Torrent Resources, Inc.

Long Point Capital, in partnership with Steve DeTommaso and his management team, is pleased to announce the recapitalization of Torrent resources, Inc., a leading provider of stormwater drainage solutions of...

10/17/2007
Long Point Capital announces another add-on acquisition for Savage Sports Corporation

Long Point Capital is pleased to announce that its portfolio company, Savage Sports Corporation, has acquired BowTech, one of the world's largest bow companies. Located in Eugene, Oregon, BowTech manufactures and...

07/26/2007
Long Point Capital's New York Office Has Moved To a New Location

As of July 26, 2007, the New York Office of Long Point Capital has moved to a new location.  The new address is:  600 5th Avenue – 23rd Floor New York, NY 10020 Telephone...

06/11/2007
Savage Sports Corp. Acquires Porta Target

Long Point Capital is pleased to announce the recent add-on acquisition by its portfolio company, Savage Sports Corporation. Savage purchased Porta Target, a leading manufacturer of shooting ranges, targets, and shoot...

05/10/2007
Long Point Capital Successfully Exits Investment

Long Point Capital is pleased to announce our successful final exit from out portfolio company, Sunbury Textile Mills. From our original investment in 2002, Long Point has achieved a 48%...

02/20/2007
Ron Coburn Named Man of the Year by SHOT Business

Long Point Capital is pleased to announce that Ron Coburn, Chief Executive Officer of our portfolio company, Savage Sports Corporation, has been recognized by SHOT Business as its Man of...

12/11/2006
LPC invests in Cumming, LLC

Long Point Capital, in partnership with management, is pleased to announce the recapitalization of Cumming, LLC, a leading provider of third-party cost and project management services to the non-residential construction...

08/01/2006
Steve Fowler receives Ernst & Young Entrepreneur of the Year Award

Long Point Capital is pleased to announce that Steve Fowler, Chief Executive Officer of our portfolio company, Fowler Contracting, has won the 2006 Ernst & Young Entrepreneur of the Year...

07/20/2006
Arrow Tru-Line Makes Aquisition

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...

05/02/2006
LPC Announces the Sale of National Print Group

Long Point Capital is pleased to announce our successful exit from our portfolio company, National Print Group, a leading large format printer specializing in Out-of Home/Outdoor advertising and Point-of-Purchase displays....

03/23/2006
Scott J. Hauncher promoted to Managing Director

Long Point Capital is pleased to announce the promotion of Scott J. Hauncher to Managing Director. Scott has been with the firm since its inception in 1998. He was previously...

02/23/2006
LPC Announces its Investment in Fowler Contracting

Long Point Capital, Inc., in partnership with management, is pleased to announce the recapitalization of Fowler Contracting, based in Raleigh, North Carolina. Fowler Contracting is a leading residential site development...

02/10/2006
LPC Announces its Investment in Artistic Holdings, Inc.

Long Point Capital, Inc., in partnership with management and RockWood Capital, is pleased to announce the formation of Artistic Holdings, Inc., a company focused on consolidating the fragmented staircase and...

09/19/2005
Eric Von Stroh Joins LPC

Long Point Capital is pleased to announce that Eric S. Von Stroh has joined our team as Vice President. He will be involved in all aspects of our business, including...

06/06/2005
LPC Announces Recapitalization of Arrow Tru-Line

Long Point Capital, Inc., in partnership with management, is pleased to announce the recapitalization of Arrow Tru-Line, Inc., headquartered in Archbold, OH. Arrow Tru-Line ("ATL") is North America's leading independent...

01/18/2005
LPC Announces Sale of C.H.I. Overhead Doors

Long Point Capital is pleased to announce the sale of our portfolio company, C.H.I. Overhead Doors, a leading manufacturer of steel overhead garage doors. In October, 2004, an equity firm...

01/06/2005
LPC Announces Sale of Arch Aluminum & Glass

Long Point Capital is pleased to announce the sale of its equity interest in Arch Aluminum & Glass. In September, 2004, the Silverstein family, Arch's founders, along with an equity...