Description: TMI is a leading
manufacturer and value-added distributor of
strip doors, air doors, industrial curtains
and separators, loading dock accessories, and
flexible PVC products. The Company sells
its products through distributors, catalog
houses, and purchasing groups to a wide range
of customers. Its end users include warehouses,
manufacturing facilities, distribution centers,
retail non-food facilities, restaurants, and
food processing facilities.
Background/Purpose: The owners,
having founded and built TMI over a period of
eighteen years, were seeking to diversify their
personal net worth and partner with a strong
financial sponsor to support organic and acquisition
growth initiatives. ShoreView structured
a transaction that allowed the owners to achieve
both of these objectives and also enabled them
to retain a substantial ownership stake in the
Company.
Growth Strategy:
Increase the Company’s geographic
footprint, both domestically and in international
markets
Opportunistically pursue add-on acquisitions
to expand the Company’s manufacturing
capabilities, product offering, and geographic
scope
Continue to grow the Company’s
extensive customer base
Results:
TMI is well situated to continue its track
record of profitable growth
Opportunity for
a substantial “second bite” of
the apple for the founders
