COIL PARTNERS Announces Acquisition of Harbor Division by KC Piggyback Holdings

We are pleased to announce that KC Piggyback Holdings ("KCP") has acquired the stock of our client Harbor Division ("the Company") located in Southern California. Coil Partners acted as financial advisor to Harbor Division for the transaction.

Founded in 1986, Harbor Division provides drayage services of ocean containers and intermodal equipment storage serving the Los Angeles market and regions in Southern California. The Company’s core competencies include the efficient navigation of the port gauntlet to expedite container delivery. Harbor Division complements it drayage operations with 27 acres of paved, secure storage space for intermodal equipment such as trucks, containers and chassis. The Company’s market leadership and customer loyalty stem from a reputation as “the hardest working guys in the harbor.”

KCP is a holding company formed by the private equity group Arc Industries, Inc. Through its operating companies located in Kansas City, MO and Northern California, KCP provides drayage trucking services for steamship lines, freight forwarders and other customers requiring transport of cargo.   

Advising the owner of Harbor Division, Coil Partners was successful in structuring and negotiating the sale of the Company to the private equity-backed strategic buyer, KCP, which continues to build on its operating portfolio and expertise within trucking services.

COIL PARTNERS Announces Acquisition of Lisi Medical Jeropa by ARCH Global Precision

We are pleased to announce that ARCH Global Precision ("ARCH”) acquired our client LISI Medical Jeropa ("the Company") located in Escondido, California. Coil Partners acted as financial advisor to LISI Medical for the transaction.

A subsidiary of LISI Medical, the Company is a leading contract manufacturer of high-precision medical implants, instruments, and other devices serving a variety of segments in the orthopedic, dental, and cardiovascular markets. The newly acquired plant and operations will join ARCH Medical Solutions, bolstering ARCH as a diversified supplier noted for growth and scale within the medical device market.

“LISI Medical Jeropa broadens the portfolio of products and end markets served by ARCH Medical Solutions,” said Paul Barck, president of ARCH Medical Solutions. “We are excited about this new location, which becomes ARCH Medical Solutions – Escondido, and the capable team that will be joining AMS. The added capabilities in micro-machining, tight-tolerance instrument assemblies, and operations that span prototype to production scale dovetail nicely with our growing customer base and medical device contract manufacturing service offerings.”

Advising the LISI Medical executive team and the leadership at Jeropa, Coil Partners was successful in running a M&A process that led to structuring and negotiating the sale of the Company to strategic buyer ARCH, a private equity-backed consolidated contract manufacturer delivering engineering expertise and precision-machining technologies to serve the medical, aerospace and defense, and industrial markets.

COIL PARTNERS Announces Acquisition of ISLAND TRUSS by CANWEL

We are pleased to announce that CanWel Building Materials Group Ltd. (“CanWel”) has acquired our client Island Truss (the “Company”), through its Honsador Group of Companies. Coil Partners acted as financial advisor for the transaction.

Established in 1995, privately owned Island Truss has been Kauai’s only on-island truss manufacturing plant, providing the entire island with a great assortment of truss designs and products. With a reputation of distinction, Island Truss services many of Kauai’s top hotels, resorts, homes and schools.

“Island Truss is a very reputable and well-respected brand on Kauai and in surrounding markets, and we are very pleased to be able to further solidify and expand our presence in the Hawaiian market with this acquisition,” said Amar Doman, Chairman and CEO of CanWel.

Advising the owner of Island Truss, Coil Partners was successful in structuring and negotiating the sale of the Company to strategic buyer, Canwel, a fully integrated national distributor of building materials with annual revenues of $1.3 billion. CanWel operates multiple treating plant and planning facilities in Canada, the United States, and in 14 locations across the State of Hawaii through its wholly owned Honsador Building Products Group. continues to strengthen its balance sheet to support its organic growth and acquisition initiatives.