Local computer repair companies merge
Quality Computer Service Inc. of Shorewood has acquired the client lists of Laser Graphics LLC of Milwaukee and D& M Office Supply of Waukesha.
QCS also plans to acquire CompuGeek of Brookfield later this month. QCS repairs computers and printers and is one of the leading local distributors of remanufactured and new toners and ink-jet cartridges. QCS has eight employees and is located at 4433 N. Oakland Ave.
Tomahawk steel manufacturer sold to Canadian company
Northland Stainless Inc., a Tomahawk manufacturer of custom stainless steel pressure vessels, tank heads and components for pharmaceutical, biotech, chemical, food, beverage, paper and ethanol applications, has been acquired by Silvan Industries, a division of Samuel Manu-Tech Inc. (Toronto Stock Exchange: SMT.TO), a Canadian industrial products and technology. Grace Matthews Inc., a Milwaukee investment banking and mergers and acquisitions advising firm, was retained by Northland Stainless’ owner to sell the company. Samuel Manu-Tech paid about $11.5 million for Northland Stainless, said Tim Oleszczuk, managing director with Grace Matthews.
Baird Capital Partners acquires medical device manufacturer
Baird Capital Partners (BCP), the U.S.-based buyout fund of Baird Private Equity, recently acquired Oceanside, N.Y.-based Ellman International, Inc., a manufacturer of surgical devices used to perform medical, dental and veterinary procedures in the United States, Europe and Asia. Co-investors include Thrivent Financial for Lutherans, Rick Epstein, Ellman International management, and CIT Healthcare, which provided senior debt for the deal.
Weston aviation firm sold to Green Bay investor group
Downwind Technology, LLC, a Weston, Wis.-based manufacturer of after-market aviation products, has been acquired by Hamilton Smith Capital, Inc., a private investment company located in Green Bay. Downwind Technology was formerly a division of Slipstream International, a manufacturer of experimental and light-sport aircraft. It was spun-off from the parent company in 2004 to focus on marketing its Shark Series line of straight and amphibious composite floats to other OEMs. In addition, Downwind Technology is a distributor for Warp Drive Propellers and Falcon Gauges.
Mike Puhl, president of Downwind Technology, will remain with the company as a technical advisor and board member. Current president Mike Puhl will remain with the company as a technical advisor and board member. Downwind Technology’s facilities will be moved to Green Bay.
