Alto Health Care Staffing – Alto is a diversified provider of staffing solutions to the healthcare sector. The company provides clinicians in two primary structures: (i) per diem staffing to primarily long term care facilities and skilled nursing facilities, and (ii) contract needs which provides travel nurses primarily to hospitals on a 13-week contract or other clinicians on local contracts. Alto is headquartered in Dayton, Ohio.

Western Industries Plastic Products – Western is a manufacturer of premium, blow molded finished products and components with a focus on large blow molding parts. The Company serves a wide range of industries, including industrial, furniture, sports and leisure, transportation, and lawn & garden, amongst others. Western strives to provide the lowest total product cost and highest quality customer service by being the one stop solution for blow molding manufacturing and the associated value-added services. Western is headquartered in Winfield, Kansas.

Maysteel Industries – Maysteel specializes in designing, engineering and manufacturing custom, precision, OEM sheet metal enclosures, electrical cabinets and metal fabricated assemblies. The company's product solutions are widely used in the alternative energy, kiosk, gaming, security, medical, utility, industrial drive and automation, and self-serve/vending machine industries and are also found in a variety of other applications. Maysteel strives to provide the lowest total product cost by employing design for manufacturability (DFM) solutions throughout the product lifecycle. Maysteel is headquartered in Allenton, Wisconsin with multiple locations throughout North America.

Acquisition Activity:

• Star Precision Manufacturing (2024)
• Porter's Group (2019)
• Damac Products (2017)

ArmorWorks Enterprises – ArmorWorks is a leading developer and manufacturer of advanced survivability solutions including vehicle and aircraft armor systems, blast attenuating seating systems, and high-end security systems. The company is a full-service integrator providing complex engineered solutions as a prime contractor or first-tier sub to U.S. and foreign militaries and commercial aerospace customers. ArmorWorks is headquartered in Chandler, Arizona with a second location in Green Bay, Wisconsin.

Acquisition Activity:

• Fox Valley Metal-Tech (2024)

Past Investments

HS Solutions Corporation (HSS) – HS Solutions Corporation (“HSS” or the “Company”) is the nation’s largest provider of full-time “back of the house” contract staffing services to the hotel, resort and casino industries. The Company directly employs staff assigned to a hotel property and takes responsibility for hiring and retention, assuring compliance with immigration regulations, effective training and supervision, payroll, taxes, workman’s compensation, liability insurance and compliance with the Affordable Care Act (“ACA”). This model saves the client significant time in managing recruitment, compliance and retention, and generates important savings in the cost of health insurance, vacation pay, sick pay, signing bonuses, severance and other. Based in Atlanta, GA, HSS currently employs more than 10,000+ people (seasonally dependent) and services 800+ properties on a weekly basis in 34 states and over 70 total markets.

¹ Housekeepers, stewards, laundry and banquet personnel