Brighton completed a platform investment in Colorado Industrial Packaging (“CIP”). CIP designs, manufactures and distributes engineered packaging solutions. The Company serves a diverse base of customers located throughout the U.S. from facilities in Colorado Springs and Denver. The CIP transaction represents the first institutional capital invested in the business. Brighton Partners will work closely with management to invest in systems, people and infrastructure, all in support of accelerated growth.
Read’s Uniforms acquired the assets of Lejoy Uniforms, a distributor of uniforms to hospitals and physician offices in the Birmingham, AL area.
Read’s Uniforms acquired the assets of Jean’s Uniforms, a distributor of uniforms to hospitals and physician offices in the Spartanburg, SC area.
Brighton sold a portion of its investment in Aftermarket Performance Group in a recapitalization transaction led by Ripple Industries. Brighton continues to own a significant minority equity position in the business.
US Tarp closed a new senior credit facility, including a term note and line of credit, with Citizens Bank.
Read’s Uniforms acquired the assets of Carolina Uniforms & Equipment, a distributor of uniforms to police, fire, EMS and sheriff’s departments in the greater Charlotte, NC area.
Brighton completed a platform investment in Read’s Uniforms, a distributor of uniforms to the public safety, healthcare, industrial, hospitality and education end markets. With headquarters in Asheville, NC, the Company operates 10 retail locations in small markets located throughout the Southeast. An online portal, mobile store and team of field sales reps round out the “omnichannel” distribution platform. The Read’s Uniforms acquisition was completed in September of 2020 and represents the first institutional capital in the business. The (continuing) owner/operators have an impressive track record of acquiring smaller competitors – Brighton plans to help them accelerate this growth strategy while continuing to build out the sales team and refine the Company’s e-commerce channel.
Brighton completed a platform investment in Crew One Productions, a provider of skilled temporary labor for concerts, music festivals and other large events. The Company services venues, event promoters, and corporate customers in the Atlanta, Chattanooga, Memphis and Nashville markets. Crew One provides staffing services to music festivals located throughout the United States.
US Tarp Inc., a leading manufacturer of tarp systems and aftermarket parts for tarp systems, is pleased to announce the appointment of Thomas J. Bronz as President and CEO. Tom joins US Tarp with over 20 years of heavy truck industry experience including leadership roles with Sloan Transportation Products, Hadley Products and SAF Holland. While a mechanical engineer by training, Tom has extensive experience in product development, sales and marketing, and operations management. Tom is a graduate of Michigan Tech and earned a MBA degree from the JL Kellogg School of Management at Northwestern University.
Brighton completed a platform investment in US Tarp, a designer and manufacturer of load covering systems for dump trucks, dump trailers, and other specialized transportation applications. Based in South Haven, MI, the Company serves a diverse base of distributor and OEM accounts nationwide. The US Tarp acquisition was completed in May of 2018 and represents the first institutional capital invested in the business. Brighton will work closely with US Tarp’s founders to invest in systems, people and infrastructure, all in support of accelerated growth.