May 7, 2018

Trive Capital Acquires the Assets of SSW Holding Company, Inc.

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Dallas, Texas and Ft. Smith, Arkansas

Trive Capital (“Trive”), the Dallas-based private equity firm, has acquired the assets of SSW Holding Company, Inc. (“SSW”).  Based in Ft. Smith, Arkansas, SSW is an engineered products manufacturer for the appliance, HVAC and other industrial segments.

Founded in 1946, SSW manufactures steel and glass components for the food preservation, cooking, and home comfort market segments.  SSW provides value-added products and systems to its OEM customer base with innovative products such as self-clean porcelain coated oven racks and Spill Smart™ hydrophobic refrigerator shelving.

“We are excited to partner with a management team with a strong track record of product innovation, operational excellence, and customer service,” commented Chris Zugaro, Partner at Trive.  “We believe SSW represents an opportunity to acquire a differentiated, value-added manufacturer with an established footprint that is well-positioned to capitalize on actionable organic and inorganic growth opportunities.”

SSW Chairman & CEO Paul Kara stated, “Trive’s operating principles, investment strategies and proven record of value creation will prove essential as we collaborate to focus on growth and expansion while building on our market leading position and history of continued product innovation. Complemented by the strengths of Trive, SSW will continue to focus on being a premier supplier and partner to our existing and future customers.”

Trive Partner Blake Bonner added, “We look forward to working collaboratively with the SSW management team to execute on meaningful growth opportunities.  Our goal is to provide support to allow the Company to expand its product offering while maintaining or enhancing the customer focus that has made SSW successful for over 70 years.”

 

About SSW

SSW, based in Ft. Smith, Arkansas, is a manufacturer of engineered steel and glass components for the food preservation, cooking, and home comfort market segments.  SSW’s operating companies include: Alabama Wire Products, Inc., American Appliance Products, Inc., Collis de Mexico, Collis Inc., Premier Manufacturing Corporation, and Straits Steel & Wire Company.


About Trive

Trive Capital is a Dallas, Texas based private equity firm with more than $7 billion of regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. We seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas.

The Trive team is comprised of seasoned investment professionals who have been involved in over 250 middle-market transactions representing in excess of $7 billion in revenue across Trive’s targeted industry sectors and situations.

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