Motion Solutions, a portfolio company of North Branch Capital LLC, has acquired certain assets of Specialty Motions Inc. No financial terms were disclosed. Based in Corona, California, SMI is a provider of linear motion and motion control solutions.
PRESS RELEASE
North Branch Capital, LLC (“North Branch”) announced today that its portfolio company, Motion Solutions, has purchased certain assets of Specialty Motions, Inc. (“SMI”). Based in Corona, California, SMI is a value-added distributor of linear motion and motion control solutions for a variety of end markets, including medical device, life sciences, aerospace, and technology.
“SMI has a long history of supplying quality products and excellent service to a variety of customers,” said Bill Huber, Partner of North Branch Capital. “We are looking forward to building on these long-standing customer relationships to continue to grow the SMI business.”
The transaction was completed on August 3, 2015.
About Motion Solutions
Based in Aliso Viejo, California, Motion Solutions is an engineering focused, value-added distributor of linear motion and motion control solutions for a variety of end markets, including medical device, life sciences, technology, aerospace & defense, and general industrial & automation. To learn more about Motion Solutions, visit www.motionsolutions.com.
About North Branch
Based in Chicago, North Branch Capital is a private equity investment firm formed in 2014 to deliver a fresh perspective to the middle market. We partner with management teams seeking more from a private equity firm than simply financial acumen – these teams are looking for true strategic and operating expertise to assist in continued growth and creating long term value. Our Operating Partners have extensive knowledge and experience in all aspects of leading a business. Please visit www.northbranchcap.com.