Gulf Coast Machine & Supply Company
IOP Fund I
Acquisition Date: | February 2008 |
Status: | Exited |
Headquarters: | Beaumont, TX |
Exit Date: | October 2012 |
Acquirer: | Altus Capital Partners |
Description
Manufacturer of large forgings for use in the oil and gas, petrochemical, wind energy and general industrial markets.
Operating Thesis
Supplemented and provided leadership to existing management team.
Created fundamental improvement in performance:
- Supported the installation of a new large forging press and related furnaces in order to increase capacity and improve efficiency
- Identified and executed on growth opportunities in existing and new markets