Developed a platform through Strategic Growth and Operating Improvements
Company Overview
Founded in 1953 as a manufacturers’ stocking representative, Eads grew to offer a diverse range of products, including instrumentation and controls, filtration, valves and automation, and plant specialty products. Capstreet provided Eads with the capital and expertise to grow via strategic acquisitions and assisted with the implementation of pivotal operating improvements. Eads strengthened its management team and implemented a new ERP system to enhance operations – critical moves toward pursuing the company’s buy-and-build strategy. As a result, Eads became a provider and was a pivotal acquisition for a specialty flow control distributor.
Path to Value Creation
Capstreet helped transform Eads by creating a platform for growth with key strategies:
- Expanded management team – added COO, CFO, Controller, IT Director
- Five add-on acquisitions
- New ERP system to enhance operations
- Extensive pricing, operational, and sales initiatives
- Upgraded corporate facility
This case study is included for informational purposes and should not be construed as a recommendation of any particular investment. A complete list of Capstreet’s current and prior investments is available upon request. It should not be assumed that investments made by the Fund will be comparable in quality or performance. Capstreet’s investment strategy involves substantial risks and uncertainties including the potential loss of all or a substantial portion of invested capital. There is no guarantee that Capstreet will successfully execute its investment strategy or achieve its investment objective(s). Information included herein relating to market characterization has been determined by Capstreet as of January 2023. Although Capstreet believes that such determinations are reasonable, they are inherently subjective in nature. Other market participants may make different determinations based on the same underlying data.