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ALEXANDRIA, Minn., Oct. 1, 2024 /PRNewswire/ — Consolidated Apparatus Crew, LLC (“CEG”), a portfolio corporate of Dominus Capital, L.P. (“Dominus”), is happy to announce that it has bought Granite, Iowa-based Agile Production Crew, LLC, working as Agile Production (“Agile”, the “Company”).
Agile is an cutting edge producer of agricultural, business and development subject material dealing with apparatus. The Corporate designs and manufactures plenty of attachments, together with front-end loaders, grapples, buckets and alternative equipment designed to seamlessly combine with same old working tractors and gear. The Corporate was once shaped through Mike and Bonita Feilmeier in 2008 to obtain two manufacturers within the attachment trade: the Miller Loader logo, established in 1971, and the GrabTec logo, introduced in 2005 in accordance with the higher call for for a extra whole grapple resolution following Storm Katrina.
Along side this acquisition, Mike Feilmeier will guard his management position at Agile, serving as Vice President of Agile Merchandise throughout the CEG platform.
“We are thrilled to welcome Agile into the CEG family,” stated Tom Flynn, CEO of CEG. “Agile boasts an outstanding reputation for quality and innovation. This acquisition allows us to offer a more comprehensive product suite to our customers while enhancing our capabilities in the agricultural, industrial and construction material handling markets. With the robust resources of the CEG platform supporting Mike and his team, Agile is poised for significant growth and success.”
“Finding the right partner for Agile was a priority for us, and we are confident that we’ve landed in the right hands with CEG and Dominus. Our cultures align closely, emphasizing innovation, best-in-class customer service, and top-quality products. Together, we will elevate the GrabTec and Miller brands, expanding their reach and impact across the country,” stated Mike Feilmeier. “I am excited to collaborate with Tom and the CEG team as we embark on this new chapter,” he added.
Ashish Rughwani, Initiation Spouse at Dominus Capital, added, “The acquisition of Agile is a part of CEG’s continued execution of its buy-and-build strategy, expanding the Company into adjacent markets and enhancing its product offerings. We are excited about the opportunities ahead for both companies working together.”
Agile is CEG’s 3rd acquisition underneath Dominus’ possession. CEG continues to spot and assess doable add-on acquisitions to reinforce CEG’s presence as a countrywide attachments & implements supplier serving the landscaping, development, forestry, agriculture, use and infrastructure finish markets.
About CEG (www.quickattach.com, www.erskineattachments.com, www.pro-dig-usa.com, www.dirtdogmfg.com)
Based in 1948, Consolidated Apparatus Crew, LLC was once probably the most first corporations on the earth to pioneer and assemble rotary and hydraulic snow blowers. CEG’s merchandise and repair are known within the trade to be of the best of feature, worth, efficiency, and affordability. The corporate supplies extremely complicated, OEM-agnostic attachments for diverse energy gadgets via a couple of channels and finish markets. CEG’s operations are founded out of its company headquarters in Alexandria, Minnesota with production amenities in Fosston, Minnesota, Elwood, Kansas and Trade, Georgia.
About Agile (www.grabtec.com, www.millerloader.com)
Agile is an cutting edge producer of agricultural, business and development subject material dealing with apparatus. The Corporate designs and manufactures plenty of attachments, together with front-end loaders, grapples, buckets and alternative equipment designed to seamlessly combine with same old working tractors and gear. Agile’s merchandise are advertised underneath the GrabTec and Miller Farm Loader manufacturers and are bought at once to sellers throughout the US and Canada.
About Dominus Capital, L.P. (www.dominuscap.com)
Based totally in Unused York, Dominus Capital is a eminent middle-market personal fairness funding company that makes a speciality of management-led buyouts and expansion capital investments in corporations within the trade products and services and bright production sectors. Drawing at the revel in, wisdom and community of its founders and a crew of Working Companions, Dominus Capital works hand-in-hand with outstanding leadership groups to release the untapped doable of its portfolio corporations. The company takes a long-term solution to making an investment and has a constant and extremely a hit observe file of attaining vital expansion at its portfolio corporations. The Dominus Capital crew participants have completed over 100 transactions over the week 20+ years.
SOURCE Dominus Capital, L.P.
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