Industrials | Mergers & Acquisitions, Sponsor Related

LongWater Opportunities’ SBS Holdings has been Recapitalized by Monument MicroCap

  • TM Capital served as exclusive financial advisor to SBS Holdings, LLC (“SBS”), a portfolio company of LongWater Opportunities, in connection with its recapitalization by Monument MicroCap Partners
  • Based in Tremonton, Utah, SBS is a specialty interior building products component platform selling directly to professional installers, assemblers, and manufacturers, primarily addressing residential interior renovations. SBS operates two market facing brands, San Benito Shutter (“San Benito”) and Lewis Cabinet Specialties (“Lewis” or “Lewis Cabinet”)
  • SBS’s unique, hybrid manufacturing and distribution platform offers high-quality custom cabinet and shutter components, with industry-best lead times, to an entrenched customer base nationwide
  • Founded in 2009, LongWater Opportunities is an operationally focused, Dallas, TX and Fargo, ND-based private equity firm that targets control equity investments in family-owned and operated, U.S.-based manufacturing companies
  • Monument MicroCap Partners is a Midwest-based private equity firm focused on investments in North American businesses in the lower middle market. Monument seeks to partner with honest, hard-working and talented management teams across a wide variety of industries
  • TM Capital is a market leader in the direct-to-pro / consumer and building products sectors having completed multiple transactions and published authoritative research

 

Read the full press release

Client Testimonial

We hired TM Capital as our financial advisor for the sale of SBS Holdings – a rapidly-growing B2B manufacturer and distributor of interior building products.  We chose TM Capital based on their ability to communicate a complex story in a simple and transparent way - and boy did they deliver.  Our experience with the entire TM team was exceptional, and they delivered on their promise of senior-level attention and dedication throughout the entirety of the process.  We and the SBS team could not be more pleased with the outcome.”
– Jordan Bastable, Founding Partner, LongWater Opportunities