Trantech Radiator Products, Inc.
IOP Fund I
| Acquisition Date: | November 2011 |
| Status: | Exited |
| Headquarters: | Edgefield, SC |
| Exit Date: | May 2019 |
| Acquirer: | Main Street Capital |
Description
Manufacturer and supplier of radiators to the North American electric power transmission and distribution industry.
Operating Thesis
Supplement and provide leadership to existing management team.
Create fundamental improvement in operating performance:
- Improve utilization of a recently installed automated manufacturing line
- Implement manufacturing best practices and improve plant efficiency
- Establish disciplined cost-management and pricing strategies
- Identify and execute on growth opportunities in existing and new markets
