PRESS RELEASE
Eliason Corporation, a manufacturer of specialty commercial doors, closed a refinancing transaction on December 16th, 2011. Fifth Third Bank has provided the new senior credit facility and Midwest Mezzanine Fund remains the subordinated lender to Eliason.
PRESS RELEASE
Lakewood Capital is pleased to announce that its portfolio company, Eliason Corporation, Kalamazoo, MI, one of the leading manufacturers of high-impact traffic
doors in the nation, has acquired CMI Doors of Winnipeg, Manitoba. CMI
specializes in high quality traffic doors sold to industrial customers
in Canada and parts of the United States, and is led by industry veteran
Bob Vermette.
PRESS RELEASE
Lakewood Capital is pleased to announce that it has acquired Eliason
Corporation, Kalamazoo, MI, one of the leading manufacturers of
high-impact traffic doors
in the nation. Lakewood’s partners in the
transaction include existing management, Milestone Partners, Midwest
Mezzanine Funds, and MFC Capital Funding.
PRESS RELEASE
With the recent acquisition of Eliason Corporation,
I am pleased to announce formally the founding of Lakewood Capital,
LLC, a middle market focused private equity firm based in Rowayton, CT.
After more than twenty years of direct involvement with companies,
management and service providers dedicated to the middle market, I found
the opportunity to form Lakewood at such an exciting time in the market
to be too compelling to pass up.