Validor Capital LLC, a Boca Raton based private equity firm, announced today that it has acquired a majority interest in The Boehm Pressed Steel Company (“BPS” or the “Company”) (www.boehmstampings.com), based in Valley City, Ohio. The transaction was completed on March 31, 2017.
Bob Boehm, former President and Bill Reis, Executive Vice President, retained a significant minority equity position in BPS. Mr. Boehm will remain on the Board of the Company and Mr. Reis will continue in his current day-to-day executive role. In completing the transaction Validor worked closely with Ted McQuade, a former GE executive who also has held senior leadership positions with a number of metals-related businesses and companies serving a variety of industrial end markets. Upon the closing of the transaction, Mr. McQuade became President of BPS.
BPS specializes in providing customers with innovative solutions through tight-tolerance, deep draw stampings. It offers cradle-to-grave support, including engineering and supply chain solutions. The Company can assist in the design of products with CAD and 3D simulation software, provide prototype tooling, and complete project management. Its supply chain support includes fabrication, assembly, inventory management, and Kanban shipping. To ensure complete customer satisfaction and to protect intellectual
property, BPS entirely designs, builds, and maintains its own tools on-site in northeast Ohio.
About The Boehm Pressed Steel Company
Boehm Pressed Steel, based in Valley City, Ohio, was founded in 1918 by Joseph Boehm, Sr. The Company specializes in deep drawn parts and stampings along with other stamping processes and sets itself apart by being highly responsive to customers’ quality, technology, cost, service, and environmental needs. The Company manufactures and supplies products to a variety of industries including appliance, automotive, mining, consumer products, and industrial equipment.
About Validor Capital
Validor Capital is a Boca Raton, FL based private equity firm focused on acquiring majority interests in established privately held enterprises in the small to lower middle market. Validor’s focus is on manufacturing and industrial service businesses with revenues ranging from $10 million to $100 million. Validor seeks businesses with attractive prospects, teaming with high-quality management to drive efficiencies and value creation. Learn more about Validor at www.validorcap.com.
