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SPEYSIDE COMPLETES ACQUISITION OF THE TAPCO TUBE COMPANY

By Company News No Comments

Transaction adds a Midwest steel tubing and building products manufacturer to Speyside’s portfolio.

DETROIT, Oct. 29, 2026 /PRNewswire/ — Speyside Equity Advisers (“Speyside”) announced that it has completed the acquisition of The TAPCO Tube Company (“TAPCO” or the “Company”), a Midwest-based manufacturer of steel tubing and building products operating under the Tapco Tube and Akron Building Products brands. The transaction will allow Speyside to invest in TAPCO’s next phase of growth.

Founded in the 1940s, TAPCO began as a manufacturer of branded jack and column supports before vertically integrating into ERW steel tubing. Today, the Company’s Tapco Tube segment supplies steel tubing to construction contractors, distributors, and OEMs, while its Akron Building Products segment supplies jacks and columns to home improvement retailers across the country.

Nicholas Lardo, Managing Director at Speyside, noted, “TAPCO is a great addition to our portfolio. It’s a well-established manufacturer with loyal customers and meaningful opportunity to improve plant throughput, expand its value-added product mix, and grow its building products channel. We look forward to partnering with the team to invest in the people and equipment needed to take the business to its next level.”

“We are excited to begin this next chapter for TAPCO in partnership with Speyside while continuing to build on the legacy we’ve established over the past several decades” said David Schrader, President of TAPCO. 

About The Tapco Tube Company

The Tapco Tube Company is a Midwest-based manufacturer of steel tubing and building products, operating under the Tapco Tube and Akron Building Products brands. Tapco Tube manufactures electric resistance welded (ERW) steel tubing serving construction, infrastructure, agricultural and general industrial end markets. Akron Building Products manufactures jacks and columns used primarily in residential renovation and new construction applications, supplying retailers and regional hardware distributors across the country. The Company operates a manufacturing facility in Meadville, Pennsylvania. For more information, please visit tapcotube.com and akronproducts.com.

About Speyside Equity

Speyside Equity is a Detroit-based private equity firm that invests in middle-market manufacturing and value-added distribution businesses. Speyside focuses on creative transaction structures and is experienced investing in carve-outs, industry consolidations, family-owned businesses and other special situations. Speyside takes an operational approach to creating value across its portfolio. For more information, please visit speysideequity.com.

Honigman LLP acted as Speyside’s legal advisor and The DAK Group served as TAPCO’s financial advisor in conjunction with the transaction.

CONTACT:
Nicholas Lardo
Speyside Equity Advisers
nicholas.lardo@speysideequity.com
+1.(616).502.7731
speysideequity.com

SOURCE Speyside Equity

REED MINERALS COMPLETES STRATEGIC ACQUISITION OF U.S. MINERALS

By Acquisitions No Comments

Transaction expands Reed’s geographic footprint, product capabilities and ability to serve customers across North America.

ANN ARBOR, Mich., Aug. 4, 2026 /PRNewswire/ — Reed Minerals, LLC (“Reed”), a leading producer and distributor of performance materials and mineral abrasives, announced that it has completed the acquisition of U.S. Minerals, Inc. (“USM”).

The combination brings together two complementary businesses with established customer relationships and a broader network of processing and distribution locations. The combined platform will be better positioned to serve customers across a wider geographic footprint while offering an expanded portfolio of coal slag, copper slag and other mineral abrasive products in bulk, bag and supersack formats.

Eric Wiklendt, Speyside Partner and Reed Board Chair noted, “We are happy to get this bolt-on acquisition completed as part of our value creation strategy for Reed. We believe that there are more opportunities in the space both domestically and internationally. This deal commences that strategy by creating a more robust platform from which to build.”

The acquisition creates opportunities to strengthen Reed’s commercial and operating platform through:

  • broader regional customer coverage and improved service capabilities
  • greater flexibility to match customer demand
  • coordinated procurement, logistics and production planning

“We are very excited to welcome the USM team to the Reed family,” said Mike Kozak, CEO of Reed. “The combination of these two strong companies will allow us to expand our operational footprint and strengthen our ability to provide our customers with the highest quality materials, responsive service and the right product for each and every application. We look forward to bringing together the capabilities and experiences of both organizations to create what’s next. We will integrate the two businesses in a way that strengthens our solutions offerings to the market.” Reed has established a dedicated integration program focused on combining the businesses thoughtfully, preserving service continuity and building scalable commercial, operating and administrative capabilities across the expanded platform.

About Reed Minerals

Reed Minerals is a leading producer and distributor of mineral abrasives used in surface preparation, roofing and other industrial applications. The company supplies customers across the United States through a network of processing, packaging and distribution facilities and offers products in bulk, bag and supersack formats.

For more information, please visit reedsolutions.com.

About U.S. Minerals

U.S. Minerals is a leading producer and distributor of mineral abrasives used in roofing, abrasive blasting media and other industrial applications. The company supplies customers across the United States through a network of processing, packaging and distribution facilities and offers products in bulk, bag and supersack formats.

For more information, please visit us-minerals.com.

About Speyside Equity

Speyside Equity is a Detroit-based private equity firm that invests in middle-market manufacturing and value-added distribution businesses. Targeted companies often possess balance-sheet, legal, environmental, labor or transactional complexity. Speyside focuses on creative transaction structures and is experienced investing in carve-outs, industry consolidations, family-owned businesses and other special situations. Speyside takes an operational approach to creating value across its portfolio.

For more information, please visit speysideequity.com.

Honigman acted as Reed’s legal advisor.

CONTACT:
Eric Wiklendt
Speyside Equity Advisors
eric.wiklendt@speysideequity.com
+1.(956).648.7484
speysideequity.com

SOURCE Speyside Equity

Speyside Equity Expands Investment Team with Addition of Three Principals

By Company News No Comments

DETROIT, March 3, 2026 /PRNewswire/ — Speyside Equity Advisers LLC (“Speyside”) announced the addition of three Principals to its investment team: Kyle Cash, Marcus Badger, and Nathan Quattrochi. The new hires will support the continued deployment of Speyside’s third investment vehicle, which closed at its $300 million hard cap following strong demand from existing and new limited partners.

The expansion of the investment team reflects Speyside’s commitment to scaling its process-driven approach to acquiring, improving, and growing lower middle-market manufacturing businesses across North America.

Kyle Cash joins Speyside as a Principal responsible for due diligence, transaction execution, and portfolio oversight. Prior to Speyside, Kyle was a Senior Vice President at Erie Street Growth Partners and previously held roles at Glencoe Capital and Deloitte Corporate Finance. He holds a Bachelor of Business Administration from the University of Michigan.

Marcus Badger brings more than 18 years of principal investing and private credit experience. Prior to joining Speyside, Marcus served as a Managing Director at Deerpath Capital Management and previously held investment roles at Raymond James Capital and Frontenac Company. He holds a Bachelor of Business Administration from the University of Michigan Ross School of Business and an MBA from the Kellogg School of Management at Northwestern University.

Nathan Quattrochi joins Speyside as a Principal focused on due diligence, transaction execution and investment management. He previously served as a Vice President at Industrial Opportunity Partners and began his career in the Industrials Investment Banking Group at Wells Fargo Securities. Nathan holds a B.A. in Finance with Honors from Michigan State University.

Kyle, Marcus, and Nathan each bring deep middle-market transaction experience and operational rigor that align directly with our investment strategy,” said Eric Wiklendt Managing Director at Speyside. “As we deploy our most recent fund, their addition strengthens our ability to execute complex deals and drive structured, repeatable value creation across the portfolio.” 

About Speyside

Speyside is a Detroit-based private equity firm focused on control investments in lower middle-market manufacturing and value-added distribution businesses, particularly complex carve-outs and operationally intensive situations. Led by its Investment Committee Eric Wiklendt, Nick Lardo, and Kevin Daugherty, the firm executes a disciplined “Fix and Build” strategy, partnering with management teams to improve EBITDA margins, drive operational transformation, and scale growth through organic initiatives and strategic add-on acquisitions. Speyside deploys its proprietary Portfolio Value Creation System (PVCS), a phased, process-driven framework developed over twenty years of experience managing and improving manufacturing businesses.  For more information, please visit www.speysideequity.com.

Contact: Eric Wiklendt – eric.wiklendt@speysideequity.com – +1.(956).648.7484

SOURCE Speyside Equity

PE Forum

By Podcasts No Comments

Eric sits down with Khaled Abou Zahr to discuss how Industry 4.0 is reshaping middle-market private equity and how hands-on operations and strategic transformations drive real value creation.

Speyside Equity Podcast

By Podcasts No Comments

Eric sits down with Jeff Henningsen from Private Equity Fast Pitch to discuss Speyside’s control investments in middle-market businesses that are profitable but complicated. Carve-outs. Special situations. Operational stress. Structural friction while bringing an operator’s lens and a hands-on transformation playbook.

Laser cutting of metal,

Speyside Equity Raised $300 Million for Oversubscribed Fund II

By Company News No Comments

Speyside Equity Advisers LLC (“Speyside”) announced the final close of Speyside Equity Fund II (“Fund II”) hitting its hard cap of $300 million in capital commitments, significantly surpassing its original target with requests in excess of the hard cap. Fund II represents Speyside’s third investment vehicle, following the successful deployment of Fund I and the Speyside Equity Opportunity Fund. The fund was significantly oversubscribed, reflecting continued strong support from existing limited partners and meaningful participation from a global group of new investors. Fund II’s investment capacity is further expanded by affiliated co-investment vehicles. Fund II has already invested in Reed Minerals and GSC Technologies as platform companies to date.

Executing a Fix and Build Strategy in the Manufacturing Industry

Led by its Investment Committee – Eric Wiklendt, Nick Lardo, and Kevin Daugherty – Speyside acquires underperforming manufacturing businesses in the lower middle market, improves them, and then grows them. The firm works closely with its operating partners and management teams to improve EBITDA margins back to industry level standards and then grow sales through organic and acquisitive actions using Speyside’s proprietary portco value creation system (PVCS). The PVCS is a phased, process driven approach that uses a set of specific tools, frameworks, and examples to facilitate deal theses identified during operational due diligence. The system is the distillation of twenty years of experience of its partners from managing, buying, and improving manufacturing businesses.

Learning from the Past – Improving for the Future

Based on pre-fund, Fund I, and Opportunity Fund experience, Speyside took actions to focus its fund strategy and fuel it with top graded human capital and continuous improvement actions. While Speyside will look for bolt-on acquisitions anywhere in the world, Fund II focuses on platform investments in North America. Structural and transformational control are key aspects to creating better return on effort and allows Speyside to use low leverage deal structures to allow management teams to focus on planned transformations. The goal of the improved strategy is to create better risk weighted returns.

Eric Wiklendt noted, “We really learned a lot from Speyside Equity Fund I and Speyside Equity Opportunity Fund, and we are putting those learnings into action in Fund II. Implementing those changes are like getting rid of a stone around our ankle while trying to swim. Ultimately, we are seeing the benefits of addition by subtraction. Taking a process driven approach allows us to generate scalable, repeatable value creation. We have augmented the team with several new team members over the last year in order to execute the plan.”

Global Investor Support for Speyside’s Approach

Fund II attracted a broad and global base of institutional investors, including family offices, endowments, foundations, private investment firms, RIAs, and funds of funds.

“We are excited about the portfolio of investors we have assembled,” said Nick Lardo. “Given the headwinds in the fundraising market, the quality of our LP portfolio speaks very positively about the industry’s assessment of our strategy.”