Andlinger & Company

Andlinger & Company is a private investment and management firm founded in 1976 by Gerhard Andlinger, with headquarters in Tarrytown, New York, and additional offices in Austria and Belgium. The firm focuses on financing companies and technologies that have a positive impact on the global environment. It primarily targets industrial and technology sectors, providing operational and management support when necessary. As active board members, Andlinger & Company collaborates constructively with management teams to facilitate growth. The firm assists businesses in expanding from local or regional producers to national and international players by establishing agent and distributor networks, as well as pursuing add-on acquisitions.

Merrick Andlinger

President

Gerhard Andlinger

Founder

Charles Ball

Managing Director

Mark Callaghan

Managing Director

George Doomany

Managing Director

Hans Jörg Kaltenbrunner

Partner

Steve Magida

Managing Director

Ivar Mitchell

Managing Director

Richard Newman

Managing Director

Alain Pronost

Partner

Ernst Reichmayr

Partner

Helene Reichmayr

Partner

Jin Shen

Partner

Ranier Ullmann

Partner

Gerhard Unterganschnigg

Partner

Johan Volckaerts

Managing Partner

17 past transactions

Mesa Parts

Acquisition in 2021
Mesa Parts is a manufacturer specializing in precision-turned parts and valves, catering to industries such as automotive engineering and medical technology. The company focuses on developing and producing customer-specific components and assemblies, emphasizing holistic, sustainable, and flexible solutions. Mesa Parts aims to ensure cost-effectiveness while optimizing and reliably implementing clients' engineering concepts across various applications.

Hew-Kabel

Acquisition in 2019
HEW-KABEL GmbH specializes in designing, developing, and manufacturing customized cable solutions and silicone compounds for a variety of industrial applications, particularly in high and low temperature environments. The company offers an extensive range of products, including special cables, heat-resistant cables, medical cables, and automotive cable solutions. Their offerings are utilized in diverse sectors such as the automotive, aerospace, medical, and energy industries. Notably, HEW-KABEL produces cables for petrol and diesel engines, hybrid power systems, and power engineering applications like wind and hydro power plants. Additionally, the company provides cables for measurement and control technology, sensor technology, and robotics. Established in 1964 and headquartered in Wipperfürth, Germany, HEW-KABEL also maintains an office in Sweden, further supporting its commitment to delivering tailored solutions that meet the specific needs of its clients across various industries.

Europlasma

Acquisition in 2018
Europlasma NV, founded in 1989 and based in Oudenaarde, Belgium, specializes in designing and manufacturing low-pressure gas plasma systems. The company produces a range of products, including laboratory and industrial 3D part treaters, PCB treaters, and roll-to-roll plasma treaters. In addition to its manufacturing capabilities, Europlasma offers various services such as process development, contract research and development, subcontracting treatment, maintenance contracts, and technical support. Under its Nanofics brand, Europlasma also provides advanced nanocoating solutions aimed at waterproofing electronic devices.

ETI Elektroelement

Acquisition in 2016
ETI Elektroelement d.d. is a manufacturer based in Izlake, Slovenia, specializing in electrical products and services for residential, commercial, and industrial markets. The company produces a wide range of items, including fuses, modular protection devices, power protection devices, distribution boards, free-standing cable distribution cabinets, and metal enclosures. Additionally, ETI Elektroelement offers commanding and signaling devices, lamp-holders, glow starters for fluorescent lamps, busbar systems, and polymeric surge arresters. The company also provides engineering, consulting, design, and construction services, particularly focusing on photovoltaic systems and battery storage solutions. Founded in 1950, ETI Elektroelement has expanded its presence with subsidiaries across several countries in Europe, including Slovakia, Bosnia and Herzegovina, Germany, Serbia, Lithuania, Hungary, Ukraine, Croatia, and Romania.

Steward Advanced Materials

Acquisition in 2015
Steward Advanced Materials specializes in the manufacturing of high-performance ceramic, alloy, and refractory materials tailored for a range of industries, including aerospace, defense, energy, automotive, and electronics. The company focuses on providing highly-engineered specialty metallic and ceramic solutions, utilizing a disciplined development approach and stringent quality control measures. Their offerings include technical ceramics, magnetic materials, and carbon-based alloys designed for various applications, such as radio frequency, electromagnetic interference, and microwave absorption. With customizable manufacturing services, Steward Advanced Materials is committed to delivering innovative and reliable products to meet the diverse needs of global markets.

Solvis

Acquisition in 2015
Solvis specializes in the manufacture of hybrid heating systems, primarily targeting single-family homes and larger applications such as multi-family houses, hotels, and care facilities. The company provides a range of products, including solar heating systems, solar collectors, brine/water and air/water heat pumps, and pellet heating systems. These offerings emphasize resource-saving and energy efficiency, utilizing renewable energy sources to meet modern heating and energy demands. Additionally, Solvis incorporates integrated freshwater systems and offers a web-based remote control solution for its heating systems, aiming to enhance user convenience and operational efficiency in the European market.

Crown Van Gelder

Acquisition in 2015
Crown Van Gelder N.V. is a paper manufacturer based in Velsen-Noord, the Netherlands, specializing in wood-free uncoated and single-coated specialty papers for graphical and industrial applications. Established in 1896, the company produces high-speed inkjet papers suitable for various uses, including forms, statements, direct mail, brochures, and books. In addition, Crown Van Gelder offers products for self-adhesive labels and packaging applications, such as sachets, flowpacks, and corrugated boxes. The company's products are designed to ensure optimal performance across different applications. Crown Van Gelder serves a diverse customer base in the Netherlands, Benelux, Germany, the United Kingdom, France, Italy, and other European nations, as well as internationally.

Derby Games

Series A in 2015
Derby Games operates a prominent real money gaming platform that allows players across the United States to engage in online betting. The platform transforms traditional gambling into a social gaming experience, enabling participation from a broad audience. As a pari-mutuel Advanced Deposit Wagering service, Derby Games offers a legal and secure environment for online wagering, facilitated by Xpressbet's Multi-Jurisdictional Account Wagering Hub in Oregon. The platform, known for DerbyJackpot, features hundreds of races almost every day, with betting options starting as low as ten cents and potential winnings exceeding $10,000. Adults aged 18 and older (21 in some states) can legally access Derby Games in 37 states, contributing to its mission of fostering a large community of real money gamers in the U.S.

Clesse Industries

Acquisition in 2015
Clesse Industries SAS specializes in designing, manufacturing, and supplying equipment for various gas installations, including butane-propane LP gas, natural gas, biogas, and synthetic natural gas. The company offers a comprehensive range of products, such as low and high pressure regulators, automatic changeovers, governors, and safety devices, along with accessories like filters, pressure gauges, hoses, and gas leak detectors. Clesse Industries also provides technical services, including product selection assistance, technical documentation, and cost evaluations for transport options. Additionally, through its subsidiary, the company distributes and installs LPG products and cooking equipment in the United Kingdom, Ireland, and parts of Continental Europe. Serving a diverse clientele, including gas installers, distributors, and industrial users, Clesse Industries operates technical and logistics centers in France, Italy, the United Kingdom, Brazil, and China. Established in 1993, the company is headquartered in Cournon d'Auvergne, France.

Coating Plasma Innovation

Acquisition in 2015
Coating Plasma Innovation specializes in advanced surface treatment using cold plasma technology, both at atmospheric pressure and in vacuum conditions. Based in Peynier, France, the company processes 2D materials through roll-to-roll applications and treats 3D materials using cold vacuum plasma. Its innovative treatments enhance various properties of products, including hydrophilicity, hydrophobicity, mechanical strength, friction reduction, and corrosion resistance. Coating Plasma Innovation caters to a diverse range of industries, including jewelry, aviation, agribusiness, petrochemicals, automotive, medical, energy, cosmetics, and sports. Established in 2003, the company is noted for its capability to provide comprehensive roll-to-roll turnkey atmospheric plasma solutions, either as standalone equipment or integrated into clients' production lines.

Eska

Acquisition in 2013
Eska B.V. specializes in manufacturing board solutions for various markets, including stationery, books, puzzles, board games, and luxury packaging. Established in 1993 and based in Sappemeer, the Netherlands, the company operates internationally with additional sites in England, Spain, Italy, Singapore, and the United States. With a legacy of 140 years in the solid board industry, Eska has developed extensive expertise to deliver tailored products that meet market demands. The company emphasizes sustainability in its production processes, aiming to inspire creativity while ensuring durability in its offerings. Eska is recognized as a reliable partner for numerous brands worldwide, contributing to the creation of identity materials that enhance consumer experiences.

Derby Games

Seed Round in 2013
Derby Games operates a prominent real money gaming platform that allows players across the United States to engage in online betting. The platform transforms traditional gambling into a social gaming experience, enabling participation from a broad audience. As a pari-mutuel Advanced Deposit Wagering service, Derby Games offers a legal and secure environment for online wagering, facilitated by Xpressbet's Multi-Jurisdictional Account Wagering Hub in Oregon. The platform, known for DerbyJackpot, features hundreds of races almost every day, with betting options starting as low as ten cents and potential winnings exceeding $10,000. Adults aged 18 and older (21 in some states) can legally access Derby Games in 37 states, contributing to its mission of fostering a large community of real money gamers in the U.S.

Alltec

Private Equity Round in 2013
Alltec Corporation specializes in the design, manufacture, and installation of lightning protection, grounding systems, and surge suppression devices. Established in 1991 and headquartered in Canton, North Carolina, the company provides a wide range of products including charge dissipation terminals, early streamer emission terminals, and structural lightning protection components such as conductors and air terminals. Additionally, Alltec offers advanced grounding solutions, including an electrolytic grounding system and ground enhancement materials, to improve electrical safety and reduce hazards. Their surge suppression products protect various systems, including AC/DC power and telecommunications. Alltec also delivers engineering services, site inspections, and soil resistivity testing, catering to diverse sectors such as telecommunications, government, manufacturing, and utilities. With a commitment to innovation and quality, Alltec addresses complex challenges related to lightning and power quality, aiming to enhance facility protection worldwide.

Suspa

Acquisition in 2012
Suspa is a manufacturer specializing in gas springs and dampers, providing a diverse range of products for various industries, including automotive, machine building, furniture, and medical sectors. The company's offerings include hydraulic and dynamic dampings, locking gas springs, and dampers such as shock absorbers and oscillation dampers. Suspa also produces specialized items like lifting columns, piston rods, crash management systems, and safety systems. Their product line features both standard and customized solutions, catering to the specific needs of their clients in durable goods and white goods markets.

Seitz

Acquisition in 2011
Seitz LLC, based in Torrington, Connecticut, specializes in designing and manufacturing engineered thermoplastic products for a diverse range of industries, including medical, automotive, consumer goods, and business equipment. Founded in 1949, the company has built a strong reputation for its precision plastic injection molding, producing items such as tooling systems, plastic gears, gearboxes, and custom molded components. Seitz also offers a variety of engineering services, including product and tooling design, sourcing and supply chain management, and contract manufacturing. The company operates a technical services center in Changzhou, China, enhancing its capacity to serve global clients while maintaining high standards of quality and efficiency. Seitz is committed to customer satisfaction and corporate citizenship, focusing on delivering value to its clients and fostering employee development.

YXLON International

Acquisition in 2005
YXLON International is the leading provider of X-ray inspection equipment for industrial applications. Whether operated manually, semi-automatically or on a fully automatic scale, they have the right solution to match nearly every application. For us, the highest priority is placed on quality: the quality of their inspection systems and, as a result, the quality of your products. Their years of experience and the pleasure they take in innovation have enabled us to gain the confidence and trust of the most renowned manufacturers in the automotive industry, aviation and aerospace, shipbuilding and vessel construction, electronics and other industrial sectors.

Spoolex

Acquisition in 2005
Spoolex Group, based in Saint-Chamond, France, specializes in the design and manufacture of converting equipment for web-formed products, including slitters, rewinders, and traverse winders. The company also produces ultrasonic systems for the conversion of plastic films, thermofusible textiles, and nonwovens. Additionally, Spoolex offers logistic solutions such as rollers, mandrels, adaptors, and carts for both machine manufacturers and end users. Its products serve a variety of industries, including home furnishing, clothing, hygiene, healthcare, packaging, automotive, and transportation. With operations extending to North America and Asia, Spoolex is committed to providing tailored solutions that address market demands through comprehensive project management, from design to full production.
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