Valesco Industries invests in Blower Application, LLC – the first investment from Valesco Fund III
Summary
Blower Application, LLC (BloApCo), headquartered in Germantown, WI, manufactures and develops solid waste and scrap handling systems and processing equipment primarily for corrugated box and packaging facilities and the retail distribution industry. We will continue to deliver on our mission to be the best scrap systems manufacturer in our market.Valesco completed the majority acquisition of the previous ownership group and worked with the existing management team to capitalize on the companys long-standing market position, favorable industry tailwinds and highly viable growth opportunities. Mesirow Financial, Inc. acted as exclusive financial advisor to BloApCo.Valesco continues to seek investment opportunities to provide equity and subordinated debt for acquisitions of control, recapitalizations, minority investments, management buyouts and mezzanine situations for Valesco Fund III. BloApCo embodies the goal that we want to achieve throughout our entire investment process: to identify and implement the optimal solution for the company, the existing owners and Valesco. We are excited to work with BloApCo and its management team to position the company for continued success.The story goes onValesco is a Dallas, Texas-based private equity firm focused on controlled and non-controlled investments in select growth-oriented small and medium-sized companies engaged in manufacturing, distribution and business-to-business services.