Wynnchurch Capital has acquired Alliance Designer Products, a manufacturer of polymeric sand and other installation products that are used in residential and commercial hardscaping projects.
Polymeric sand is a fine sand that is combined with polymer additives. When mixed with water, the product becomes a strong yet flexible binding agent that is considered stronger than traditional hardscape mortar and regular jointing sand. Polymeric sand is often used to lock patio pavers in place.
The company’s flagship product line, G2 polymeric sand, provides defense against insects, weeds, and erosion and reduces maintenance requirements on hardscape projects.
Alliance’s products are sold in Canada, the United States and Europe and include polymeric sand and dust products; cleaners, sealers and glues; support systems for paver, slab and stone surfaces; and tile installation systems. Alliance is led by President George Tutino and Senior Vice President Jack Tutino. The company was founded in 2003 and is headquartered in Mirabel, QC (www.alliancegator.com).
“Wynnchurch invests in market-leading businesses which possess a customer-centric focus on product and service excellence. Alliance shares these philosophies and we are genuinely excited to partner with George and Jack to help support the company’s future growth plans,” said Frank Hayes, a managing partner at Wynnchurch.
Wynnchurch makes investments in middle-market companies that have revenues of $50 million to $1 billion. Sectors of interest include aerospace & defense, automotive, building products, chemicals, food, logistics, energy services & equipment, environmental services, industrial products & services, metals & mining, and paper & packaging.
“Alliance has a well-earned reputation for superior product quality, customer support and reliability, and is well positioned for continued market leadership,” said Erin Murphy, a managing director at Wynnchurch.
Wynnchurch is actively investing from its $1.3 billion fourth fund which closed in November 2014. In January 2019, Wynnchurch acquired Boss Industries, a LaPorte, IN-based maker of compressed air power systems that are used to power tools that need constant air pressure (jackhammers) and tools that require intermittent air pressure (wrenches and drills), from Strait Lane Capital Partners.
Wynnchurch was founded in 1999 and is located in the Chicago suburb of Rosemont with additional offices in Los Angeles (El Segundo), and Toronto (www.wynnchurch.com).
© 2019 Private Equity Professional | April 23, 2019