Peak Rock Capital affiliate sells ProFusion
An affiliate of Peak Rock Capital (“Peak Rock”), a leading middle-market private equity firm, announced today that it has sold ProFusion Industries (“ProFusion” or the “Company”) to an investor group led by ProFusion management.
Headquartered in Fairlawn, Ohio with a manufacturing facility in Marietta, ProFusion is a leading manufacturer and provider of transit and industrial flooring, protective linings, specialty films and customer compounds. The Company has a proven history of developing and delivering highly engineered solutions across a wide range of industries.
ProFusion was formerly the industrial products division of the RJF International Corporation. Following the successful carve-out of the business in 2014, the Company has executed a series of transformational initiatives, including substantial operational improvements, development of new product capabilities, and an expansion of the Company’s go-to-market strategy.
Robert Strauss, Managing Director of Peak Rock and former board member of ProFusion, said, “We have been privileged to work closely with the ProFusion team on this investment and are proud of what the team has collectively accomplished. We wish the new management-led investor group and the Company continued success in this next stage of ownership.”
Alex Williamson, Chief Executive Officer of ProFusion, added, “We are thankful for the tremendous support provided by Peak Rock and our Board over the last several years. The ProFusion team is energized and highly motivated to continue to provide exceptional quality and service for our key customers and create growth opportunities for our valued employees.”