News

BIRMINGHAM, MI – Colfax Creek Capital, a long-term investor in Midwest manufacturers, has acquired Performance Stamping, a Chicago-area manufacturer of precision metal stampings and fabricated components based in Carpentersville, Illinois. Founded in the 1940s, Performance Stamping produces deep draw, progressive die, and compound stampings for OEMs and Tier 1 suppliers across appliance,…

BIRMINGHAM, MI – Colfax Creek led the recapitalization of its portfolio company, Premier Engineered Products, in partnership with MidCap Business Credit, which has provided a new credit facility to fuel the company’s growth.  Premier Engineered Products operates through its subsidiary, Appalachian Cast Products, which is renowned for producing high-quality aluminum…

BIRMINGHAM, MI – Colfax Creek Capital, a long-term investor in Midwest manufacturers, has acquired Dial Tool Industries, a third-generation family business based in Addison, Illinois. Dial Tool specializes in small-part stampings and over-molded plastic components that fit in your hand, serving Tier 1 customers across automotive and industrial sectors. Founded in 1955,…

Fluence Automation, a provider of automation systems for the postal and parcel industries, has been acquired by BlueCrest, a portfolio company of Platinum Equity. This marks the successful transition of Fluence from corporate division to independent leader—driven by operational focus, cultural alignment, and investment discipline. The November 1, 2021, transaction was facilitated…

Colfax Creek acquired GLE Precision with a simple mission: turn a niche manufacturer into a market leader through steady stewardship and operational excellence. Six years later, Colfax Creek drives value at GLE Precision. The Opportunity Based in Bridgeport, Michigan, GLE Precision makes ultra-high-tolerance parts for waterjet cutting, medical devices, semiconductors, and aerospace.…

WORTHINGTON, Ohio — Hyperion Materials & Technologies, a leading global materials science company that develops hard and super-hard materials for a wide range of industries and applications, announced today it has acquired GLE Precision, a Michigan-based manufacturer that specializes in high-precision small parts, extreme surface finishes and tolerances. “We are very excited to add GLE’s highly complementary precision…

All Ashore Bringing manufacturing back to North America S.A. SWANSON | OCTOBER 27, 2020 This story originally appeared in the November/December 2020 print edition of Middle Market Growth magazine. Read the full issue in the archive. Companies are rethinking their preferred “shoring” prefix. For years, “offshoring” meant minimizing costs and…

GLE Precision, headquartered in Bridgeport, Mich., has recruited a proven industrial executive to advise and guide the company through its next growth phase. Alan Shaffer will serve as an advisor to the board of directors. He brings 30 years of operating experience in 13 domestic and international industrial markets while…

At the 2019 National Hardware Show in Las Vegas, Rhino Cart emerged as a standout innovation, securing two of the event’s top honors: Most Innovative New Product and the Retailers Choice Award. Developed by Midwest Innovative Products, this all-terrain moving cart captivated attendees with its unique design and functionality. The National Hardware Show, held…

ABINGDON, VA / BIRMINGHAM, MI – Colfax Creek Capital formed Premier Engineered Products, LLC (“Premier”) to recapitalize Appalachian Cast Products (“ACP”) and to integrate the production of Premier Die Casting into its facility in Abingdon, VA. Premier Engineered will be led by Mike Ryan as President and CEO in conjunction…

Over the last two years, I have been doing my best to explain the Twist and Seal products and now I have a great Twist and Seal video to do that for me. Based in the Chicago suburb of Frankfort, Twist and Seal designs and manufactures patented devices that protect electrical cords from water damage. The device snaps…

CHICAGO, IL / BIRMINGHAM, MI – Colfax Creek Capital and Rock River Capital Partners formed Fluence Automation to acquire the mail and parcel sorting business unit of Bell and Howell on July 31, 2017.    Fluence Automation is the leading manufacturer of mail and parcel sorting equipment, software, and services.  Fluence Automation…

Colfax Creek acquired GLE Precision in 2015. Over the last two and half years, GLE has exceeded its growth objectives. In addition, the Company has developed new precision manufacturing capabilities to serve cutting-edge customers and industries, particularly in the medical device, fiber optic, and aerospace markets. As a result, GLE…

CHICAGO, IL / BIRMINGHAM, MI – Colfax Creek Capital and Rock River Capital Partners formed Fluence Automation LLC to acquire the mail and parcel sorting business unit of Bell and Howell.    The acquisition included the mail and parcel sorting systems / hardware and related software and service revenue associated with…

Colfax Creek isn’t just a name; it’s Colfax Creek’s origin story. The Origin of Colfax Creek was when I set out to build a firm that invests permanent capital in Great Lakes businesses. I knew the name had to mean something. It had to reflect my values, my upbringing, and…

Finding the right investor makes a difference. Any firm can invest in a company and provide capital, but Colfax Creek invests as a dedicated, long-term partner to drive business growth. That personal touch helped Colfax Creek founder Jason Duzan stand out against the competition as Colfax Creek recapitalizes Midwest Innovative Products,…

After 20 years and nearly $2 billion in private investment transactions, I started Colfax Creek, private equity for Great Lakes businesses, to build the kinds of businesses I’d be proud to own forever. Colfax Creek isn’t a private equity fund. It’s a long-term investor that partners with closely held businesses—especially…

BIRMINGHAM, MI – Colfax Creek Capital (Colfax Creek), a private investment firm focused on “smaller’ middle market companies, has acquired GLE Precision, LLC (GLE).  GLE is a precision manufacturer of tungsten carbide tooling, gauges and product components used in diversified industries, including water jet, computer chip, medical, battery, flow technologies,…