Guard Hill Holdings is pleased to announce the sale of its portfolio company, Red Head Brass, to D’Orazio Capital Partners, a Chicago based private equity firm. F.N.B. Capital Partners, L.P. provided mezzanine financing as well as an equity co-investment. FirstMerit Bank, N.A. provided the senior financing. Cleary Gull served as exclusive financial advisor to Red Head Brass.
About Red Head Brass
Founded in 1972, and headquartered in Shreve, Ohio, Red Head Brass is the largest manufacturer of couplings and fittings for the domestic firefighting market. The company’s products are also utilized in industrial and oil and gas sectors, as well as “big water” applications such as nuclear power, refinery fire suppression, and emergency water distribution.
About Guard Hill Holdings
Guard Hill Holdings is a private equity firm focused on manufacturing companies. Having worked together for over 20 years, completing over 40 transactions such as FreightCar America, Transportation Technologies Inc. and Fuel Systems, the partners of Guard Hill Holdings continue to bring their operating and investment experience to companies fitting with the following characteristics:
• Primarily US-based, industrial and consumer product manufacturing
• Sales in the $25-$250 MM range
• Positive, depressed, or negative EBITDA
• Strong market position is desirable
Please contact Anthony Recine with any new opportunities at ARecine@GuardHillHoldings.com, or he can be reached at 914-234-6054.