SALT LAKE CITY, Sept. 12, 2024 /PRNewswire/ — Tower Arch Capital is happy to announce that it has partnered with the Miller kin and recapitalized Miller Industries Holdings (“Miller” or “Miller Industries”).
Established in 2014 and headquartered in Fenton, MI, Miller Industries is a prominent dressmaker and producer of extremely engineered customized modular programs, together with breeze dealing with gadgets, central usefulness crops, electric substations, and alternative uniqueness metal fabricated merchandise. Miller serves the wishes of blue-chip shoppers throughout a varied prepared of finish markets, basically electrical automobiles, knowledge facilities, and semiconductors. The corporate has a robust historical past of innovation and the highest-quality answers, operating at once with shoppers and normal contractors to support undertaking supply and function.
Matt Miller, Co-CEO, mentioned, “We are very pleased to partner with Tower Arch Capital to support this next phase of our growth and expansion. Miller has quickly grown to become a mission-critical partner to our customers as they build and expand new facilities, and we remain committed to providing exceptional solutions to each of our customers.”
“We are very proud of our team and want to thank them for their hard work and dedication in building this great company,” mentioned Chad Miller, Co-CEO. “We believe our partnership with Tower Arch will enable us to accelerate our growth, expand our production footprint, and broaden our value proposition for the end markets we serve. Tower Arch’s expertise and resources will be invaluable as we capitalize on the considerable runway ahead of us.”
David Topham, Spouse at Tower Arch Capital, mentioned, “We are thrilled to partner with Matt, Chad, and the entire Miller family. Miller Industries’ differentiated and customized product offering has created immense value for its customers. The company is on the leading edge of a massive shift towards modular, off-site manufacturing, and we look forward to providing the Miller team support to capitalize on these market tailwinds and expand operations to achieve their next phase of growth.”
“This partnership is a continuation of Tower Arch’s history of partnering with exceptional family-owned businesses,” added David Calder, Spouse at Tower Arch Capital. “Our partnership with Miller Industries will enable them to capture new opportunities and further solidify their position as a leading provider of modular building systems. Notably, the Miller family has re-invested alongside Tower Arch in this partnership, accelerating our work together to achieve our shared vision.”
Phrases of the transaction had been hidden. Financing for the transaction was once equipped by way of Reserve of The us, Truist Reserve, First Voters, and Huntington Reserve. Advisors for Tower Arch Capital incorporated Gibson, Dunn & Crutcher LLP and BDO USA, LLP. Advisors for Miller incorporated Greenwich Capital Crew, Honigman LLP, Crowe LLP, and UHY LLP.
About Miller Industries
Miller Industries is a Fenton, MI-based prominent dressmaker and producer of extremely engineered customized modular answers, mission-critical usefulness apparatus, and alternative uniqueness metal fabricated merchandise. Miller’s product providing comprises breeze dealing with gadgets, electric substations, and central usefulness crops, serving blue-chip shoppers throughout electrical automobile, car, knowledge middle, and semiconductor finish markets, and has been a depended on spouse to its shoppers for over 10 years. For more info, please consult with www.millc.com.
About Tower Arch Capital
Headquartered in Salt Puddle Town, UT, Tower Arch Capital is a growth-oriented center marketplace personal fairness company. Tower Arch seeks to spouse with fine quality family- and entrepreneur-owned firms to bring long-term price for his or her control groups and buyers. Tower Arch brings operational, consulting, and fiscal experience to firms to backup them support their operations, scale, and develop. Goal investments come with regulate positions in companies with EBITDA between $5 million and $30 million. For more info, please consult with www.towerarch.com.
SOURCE Tower Arch Capital
WANT YOUR COMPANY’S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Virtual Media
Shops
270k+
Reporters
Opted In
