Harris Williams & Co. advises Twinco Romax
Harris Williams & Co. is pleased to announce the sale of Twinco Romax, a portfolio company of Clearview Capital, LLC, to ShoreView Industries. The transaction closed on December 31, 2009. Harris Williams & Co. acted as the exclusive advisor to Twinco Romax. The transaction was led by Glenn Gurtcheff from the firm's Minneapolis office and the firm's Transportation & Logistics Group from Richmond.
Twinco Romax (www.twincoromax.com) is a vertically integrated distributor and manufacturer of automotive fluids and related aftermarket products sold to a diverse base of customers in multiple retail channels. Based in Medina, Minnesota, Twinco has established a strong market position in the upper Midwest by combining a broad product line of company-owned and national brands.
Clearview Capital, LLC (www.clearviewcap.com) is a private equity group specializing in the acquisition of profitable middle market companies. Clearview has in excess of $250 million under management and is currently making investments through its committed fund, Clearview Capital Fund II, LP.
ShoreView Industries (www.shoreviewindustries.com), based in Minneapolis, Minnesota, manages $600 million in private equity funds. ShoreView invests in established, middle market companies with operations in North America, across a wide range of industries. ShoreView structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million.