Pfingsten Partners

Pfingsten Partners is an operationally-driven private equity firm based in Chicago, with representative offices in ChangAn, China, and New Delhi, India. The firm specializes in long-term value creation by investing in manufacturing, distribution, and business service industries across Asia, South America, Europe, and Australia. Pfingsten distinguishes itself by providing unique operational and global resources to its portfolio companies, offering real solutions to unlock value and drive growth.

Thomas S. Bagley

Founder and Senior Managing Director

Denio Bolzan

Managing Director

Dylan P. Brennan

Associate

Phillip Bronsteatter

MD

Jeffrey Chaney

Private Equity Associate

Scott Finegan

Managing Director

Scott Gilbertson

Principal

Ken Hessevick

MD

David Johnston

Principal, Operating

Ryan T. Lavelle

Vice President

James J. Norton

Senior Managing Director

Thomas P. Nugent

Principal

Andrew Petri

Chief Financial Officer, Chief Compliance Officer, and Finance & Administration Team Member

Andrea F. Schrage

Associate

John Starcevich

Managing Director

J. Patrick Sturm

VP

Neal Sutton

VP

John Underwood

Senior Advisor

41 past transactions

Environmental Lights

Acquisition in 2019
They transform environments with LED lighting technology by engineering their customers’ visions into innovative solutions. They partner with their customers from project inception, through planning, specification and installation of their LED lighting systems to ensure they create solutions that match their exact needs. Their work transforms environments in an array of industries including retail, entertainment, exhibit, hospitality and gaming.
Sign-Zone is a manufacturer of wide format, portable promotional signage and displays under the Showdown Displays, Creative Banner Displays and Victory Corps brand names. Products include table covers, retractable banners, event tents, sail signs, floor displays and other displays. Sign-Zone sells through an extensive network of promotional product distributors, sign shops and printers to end users in various end markets such as education, healthcare, financial services and technology.
Quality Valve Inc. is an independent sales company located in Mobile, Alabama USA and opened for business in 1994 to sell OEM parts in the valve repair industry.

Lumenier

Acquisition in 2017
Lumenier Holdco LLC designs, manufactures, and sells drone equipment, components, and replacement parts for racing, enthusiast, commercial, consumer, and military applications. The company offers motors, propellers, antennas, airframes, batteries, electronics, and other drone-related components. The company sells its products through distributors, e-tailers, and its own online retail website. Lumenier Holdco LLC was incorporated in 2017 and is based in Sarasota, Florida.

Tropitone Furniture

Acquisition in 2007
Fellow outdoor casual furniture maker
Oliver Printing & Packaging Co. provides printing and fulfillment services. The company also offers project consultation, structural design, digital/offset printing, die-cutting, folding and gluing, foil stamping, emboss/deboss tagging, tipping, assembly and kit packing, distribution, shipping, and mailing services. It provides services for packaging, marketing collateral, and in-store POS products. The company was founded in 1924 and is headquartered in Twinsburg, Ohio.

Advanced Lighting Concepts, Inc.

Merger/Acquisition in 2019
Advanced Lighting Concepts, Inc., doing business as EnvironmentalLights.com, retails light-emitting diode (LED) lighting systems online. The company offers LED strip lights, LED light bars and modules, LED neon and super flat, LED pixel control lighting, LED controllers and dimmers, LED drivers and power supplies, and LED light fixtures. It also provides installation, engineering, and design assistance. The company serves lighting designers, architects, electrical contractors, original equipment manufacturers, retail and hospitality industry, casino/gaming sector, and other businesses and professionals. It also sells its products through catalogs. Advanced Lighting Concepts, Inc. was founded in 2006 and is based in San Diego, California with an additional location in Philadelphia, Pennsylvania.

South-Tek

Acquisition in 2018
South-Tek Systems, LLC designs and manufactures nitrogen generators for industrial and commercial markets. It offers products through distributors, sales representatives, and contractors. Its products are used in 3D printing, adhesive, automotive, breweries and wineries, beverage, broadcast/transmission lines, bottle manufacturing, chemical, coal mining, coffee, electronics, energy/power/utilities, fire protection, food, heat treating, HVAC, laboratory, laser cutting, medical packaging, military, optics, oil/gas, plastics, pharmaceutical, renewable energy, tires and suspensions, water treatment, and other industries. The company was founded in 1997 and is based in Wilmington, North Carolina.

Oliver

Funding Round in 2016
Oliver Printing & Packaging Co. provides printing and fulfillment services. The company also offers project consultation, structural design, digital/offset printing, die-cutting, folding and gluing, foil stamping, emboss/deboss tagging, tipping, assembly and kit packing, distribution, shipping, and mailing services. It provides services for packaging, marketing collateral, and in-store POS products. The company was founded in 1924 and is headquartered in Twinsburg, Ohio.

Quality Valve

Acquisition in 2018
Quality Valve Inc. is an independent sales company located in Mobile, Alabama USA and opened for business in 1994 to sell OEM parts in the valve repair industry.

Sign-Zone

Merger/Acquisition in 2017
Sign-Zone is a manufacturer of wide format, portable promotional signage and displays under the Showdown Displays, Creative Banner Displays and Victory Corps brand names. Products include table covers, retractable banners, event tents, sail signs, floor displays and other displays. Sign-Zone sells through an extensive network of promotional product distributors, sign shops and printers to end users in various end markets such as education, healthcare, financial services and technology.

Engineered Specialties, LLC

Merger/Acquisition in 2019
Engineered Specialties, LLC, doing business as RapidAir, manufactures and distributes compressed air piping systems. It manufactures its products under three brands: FASTPIPE, MAXLINE, and Duratec Airline System. Additionally, the company provides filter regulators, moisture drains, fitting hose reels, and other air compressor accessories. The company sells its products through its e-commerce website, distributors, farm and ranch retailers, contactors, and marketplaces. The company is based in Auburndale, Wisconsin.

Lumenier

Merger/Acquisition in 2017
Lumenier Holdco LLC designs, manufactures, and sells drone equipment, components, and replacement parts for racing, enthusiast, commercial, consumer, and military applications. The company offers motors, propellers, antennas, airframes, batteries, electronics, and other drone-related components. The company sells its products through distributors, e-tailers, and its own online retail website. Lumenier Holdco LLC was incorporated in 2017 and is based in Sarasota, Florida.

Full Spectrum Analytics

Acquisition in 2019
Full Spectrum Analytics is a provider of repair, maintenance and validation services for laboratory instrumentation. Full Spectrum is a premier national, brand agnostic service provider for laboratory instruments, offering a full range of service contracts, preventative maintenance, in-house and incidental repair services, as well as reconditioned instruments and parts. Full Spectrum specializes in the service and maintenance of laboratory instruments and related equipment.

New England Electrical Contracting

Private Equity Round in 2021
New England Electrical Contracting is a telecommunications-focused general contracting firm. New England Electrical Contracting offers commercial electrical and civil construction. New England Electrical Contracting provides a wide variety of services managed by skilled workers.

Omega Systems

Private Equity Round in 2021
Provider of information technology (IT) hosting services intended to offer mission-critical data and systems safe security to its client. The company offers cloud-based data hosting, incident management, cybersecurity, help desk support, storage, backup, disaster recovery and network monitoring, enabling its clients to receive project assistance, training, expert advice, steering committee involvement and fact-based reporting.

Oliver

Merger/Acquisition in 2016
Oliver Printing & Packaging Co. provides printing and fulfillment services. The company also offers project consultation, structural design, digital/offset printing, die-cutting, folding and gluing, foil stamping, emboss/deboss tagging, tipping, assembly and kit packing, distribution, shipping, and mailing services. It provides services for packaging, marketing collateral, and in-store POS products. The company was founded in 1924 and is headquartered in Twinsburg, Ohio.

ZSI-Foster

Acquisition in 2014
ZSi-Foster is a manufacturer and supplier of highly engineered, mission critical clamping and coupling devices. The Company's products are found in demanding environments across diversified end markets, including general industrial, fluid power, HVAC, refrigeration and electrical markets.

ZSI, Inc. and Foster Manufacturing Co., Inc.

ZSI, Inc. and Foster Manufacturing Co., Inc. represents the combined operations of ZSI, Inc. and Foster Manufacturing Co., Inc. As of May 23, 2014, ZSI, Inc. and Foster Manufacturing Co., Inc. was acquired by Pfingsten Executive Fund IV, L.P. managed by Pfingsten Partners, L.L.C. ZSI, Inc. manufactures cushioned clamping, quick coupling, and support systems. Foster Manufacturing Co., Inc. designs and manufactures detachable couplers, hose fittings, blow guns, and related accessories for industrial applications. ZSI, Inc. is based in Canton, Michigan. Foster Manufacturing Co., Inc. is based in Springfield, Missouri.
South-Tek Systems, LLC designs and manufactures nitrogen generators for industrial and commercial markets. It offers products through distributors, sales representatives, and contractors. Its products are used in 3D printing, adhesive, automotive, breweries and wineries, beverage, broadcast/transmission lines, bottle manufacturing, chemical, coal mining, coffee, electronics, energy/power/utilities, fire protection, food, heat treating, HVAC, laboratory, laser cutting, medical packaging, military, optics, oil/gas, plastics, pharmaceutical, renewable energy, tires and suspensions, water treatment, and other industries. The company was founded in 1997 and is based in Wilmington, North Carolina.
Since 1963, Dynapower has designed and built power electronics that meet some of the most challenging power conversion demands for Fortune 500 companies, small enterprises, research institutions, and government agencies the world over. Dynapower designs and builds all manner of power electronics — energy storage inverters, rectifiers, custom transformers, frequency converters — in their 150,000 square foot vertically integrated facility in South Burlington, Vermont.

Burton Saw

Acquisition in 2015
Burton Saw was founded in 1903 in Vancouver, British Columbia by A.J. Burton. Originally a saw manufacturer supplying the mills of Western Canada, the nature and location of Burton’s focus gradually changed to supplying services and supplies to those same customers. In 1927 Burton Saw moved to Eugene, Oregon. By the 1950’s Burton was an established presence in the Oregon wood products industry.
Diamond Assets is a national asset management organization specializing in Apple IT buy-back programs for organizations across the country. It is their mission to provide solutions that deliver a combination of aggressive pricing and exceptional service which allows their clients to achieve their technology sustainability plans.

Omega Systems Group

Private Equity Round in 2021
Omega Systems Group, Inc. is a professional services and management consulting firm specializing in providing IT services in the areas of; Business Management Solutions, Project Based Consulting, Talent Acquisition, Training, Middleware and Web Services. They are experienced in working with government agencies and mid to large size corporations, within various industries. While their core business is Strategic Planning and Business Process Re-engineering, they are also considered experts in customized Software Development and Content Management Web Development. Since its inception in 1989, Omega Systems Group has been providing cutting-edge solutions in the United States and Canada to government agencies and mid to large size corporations, in the areas of Business Management Solutions, Project Based Consulting, Talent Acquisition and Training. They are a successful, proven, and stable company that specializes in the design and development of business information systems.

South-Tek

Merger/Acquisition in 2018
South-Tek Systems, LLC designs and manufactures nitrogen generators for industrial and commercial markets. It offers products through distributors, sales representatives, and contractors. Its products are used in 3D printing, adhesive, automotive, breweries and wineries, beverage, broadcast/transmission lines, bottle manufacturing, chemical, coal mining, coffee, electronics, energy/power/utilities, fire protection, food, heat treating, HVAC, laboratory, laser cutting, medical packaging, military, optics, oil/gas, plastics, pharmaceutical, renewable energy, tires and suspensions, water treatment, and other industries. The company was founded in 1997 and is based in Wilmington, North Carolina.
Full Spectrum Analytics is a provider of repair, maintenance and validation services for laboratory instrumentation. Full Spectrum is a premier national, brand agnostic service provider for laboratory instruments, offering a full range of service contracts, preventative maintenance, in-house and incidental repair services, as well as reconditioned instruments and parts. Full Spectrum specializes in the service and maintenance of laboratory instruments and related equipment.
FireKing Security Group, LLC manufactures security products for asset protection in retail, commercial, and home office environments. It offers office products, including fireproof file cabinets, fireproof storage cabinets, fire and water resistant safes, record safes, fire and water chests, data safes, composite burglary and fire safes, specialty safes, cash and key management products, personal alarms, and fire and water proof humidors. The company also offers video security products, including security, retail, outdoor and indoor, HD, electronic, commercial, and business surveillance systems. It sells its products through a network of distributors and integrators. The company was formerly known as FKI Security Group, LLC and changed its name to FireKing Security Group, LLC in December 2005. FireKing Security Group, LLC was founded in 1948 and is headquartered in New Albany, Indiana.
Crane 1 Services Inc. provides inspection, maintenance, and equipment solutions for industrial and commercial users of overhead cranes and hoists. It offers services in the areas of safety and compliance inspection, scheduled and on-site preventive maintenance program, emergency breakdown and planned repair, modernization and upgrade, bridge and hoist runway evaluation, operator and safety training program, crane runway analysis and repair, certified load and non-destructive testing, and spare parts evaluation and recommendation aspects. The company sells electric chain hoists, bridge cranes, crane runway systems, jib cranes, workstation cranes, monorail systems, and parts. It serves customers in the United States. The company was founded in 2007 and is headquartered in Franklin, Ohio with additional offices in Cincinnati, Dayton, Columbus, and Toledo, Ohio; Charleston, West Virginia; Louisville, Kentucky; Knoxville, Tennessee; Indianapolis, Indiana; Baltimore, Maryland; Richmond, Virginia; and Chicago, Illinois.
Lumenier Holdco LLC designs, manufactures, and sells drone equipment, components, and replacement parts for racing, enthusiast, commercial, consumer, and military applications. The company offers motors, propellers, antennas, airframes, batteries, electronics, and other drone-related components. The company sells its products through distributors, e-tailers, and its own online retail website. Lumenier Holdco LLC was incorporated in 2017 and is based in Sarasota, Florida.

Crane 1 Services Inc.

Merger/Acquisition in 2015
Crane 1 Services Inc. provides inspection, maintenance, and equipment solutions for industrial and commercial users of overhead cranes and hoists. It offers services in the areas of safety and compliance inspection, scheduled and on-site preventive maintenance program, emergency breakdown and planned repair, modernization and upgrade, bridge and hoist runway evaluation, operator and safety training program, crane runway analysis and repair, certified load and non-destructive testing, and spare parts evaluation and recommendation aspects. The company sells electric chain hoists, bridge cranes, crane runway systems, jib cranes, workstation cranes, monorail systems, and parts. It serves customers in the United States. The company was founded in 2007 and is headquartered in Franklin, Ohio with additional offices in Cincinnati, Dayton, Columbus, and Toledo, Ohio; Charleston, West Virginia; Louisville, Kentucky; Knoxville, Tennessee; Indianapolis, Indiana; Baltimore, Maryland; Richmond, Virginia; and Chicago, Illinois.

Sign-Zone

Acquisition in 2017
Sign-Zone is a manufacturer of wide format, portable promotional signage and displays under the Showdown Displays, Creative Banner Displays and Victory Corps brand names. Products include table covers, retractable banners, event tents, sail signs, floor displays and other displays. Sign-Zone sells through an extensive network of promotional product distributors, sign shops and printers to end users in various end markets such as education, healthcare, financial services and technology.

Kith Kitchens

Acquisition in 2016
KITH Kitchens headquartered in Haleyville Alabama, started as a components company in 1998 and quickly established themselves as a strong, service based organization supplying quality kitchen components. The company grew quickly, adding additional styles and colors but realized in late 2002 that the market was rapidly changing.

Burton Saw

Merger/Acquisition in 2015
Burton Saw was founded in 1903 in Vancouver, British Columbia by A.J. Burton. Originally a saw manufacturer supplying the mills of Western Canada, the nature and location of Burton’s focus gradually changed to supplying services and supplies to those same customers. In 1927 Burton Saw moved to Eugene, Oregon. By the 1950’s Burton was an established presence in the Oregon wood products industry.

Crane 1 Services

Acquisition in 2015
CRANE 1 SERVICES provides inspection, maintenance and equipment solutions for industrial and commercial users of overhead cranes and hoists. The well capitalized company was established in January 2007 by former owners and top managers of a national crane and hoist service provider that is now owned/controlled by a German based hoist and crane manufacturer. The group wanted to return to a positive environment where the customer's prioities came first and the employees were empowered to provide superior customer sevice.

Kith Kitchens, L.L.C.

Merger/Acquisition in 2016
Kith Kitchens, L.L.C. manufactures and sells kitchen, bath, and other living space cabinets in the Eastern United States. It also offers various face frame door styles, frameless door styles, drawers, and other finishes, as well as custom size and shape cabinetry. The company offers its products through stocking distributors, direct kitchen/bath dealers, remodelers, etc. Kith Kitchens, L.L.C. was formerly known as Door Components, LLC. The company was founded in 1998 and is based in Haleyville, Alabama.

Diamond Assets

Merger/Acquisition in 2018
Diamond Assets is a national asset management organization specializing in Apple IT buy-back programs for organizations across the country. It is their mission to provide solutions that deliver a combination of aggressive pricing and exceptional service which allows their clients to achieve their technology sustainability plans.

Full Spectrum Analytics

Merger/Acquisition in 2019
Full Spectrum Analytics is a provider of repair, maintenance and validation services for laboratory instrumentation. Full Spectrum is a premier national, brand agnostic service provider for laboratory instruments, offering a full range of service contracts, preventative maintenance, in-house and incidental repair services, as well as reconditioned instruments and parts. Full Spectrum specializes in the service and maintenance of laboratory instruments and related equipment.
Kith Kitchens, L.L.C. manufactures and sells kitchen, bath, and other living space cabinets in the Eastern United States. It also offers various face frame door styles, frameless door styles, drawers, and other finishes, as well as custom size and shape cabinetry. The company offers its products through stocking distributors, direct kitchen/bath dealers, remodelers, etc. Kith Kitchens, L.L.C. was formerly known as Door Components, LLC. The company was founded in 1998 and is based in Haleyville, Alabama.
Advanced Lighting Concepts, Inc., doing business as EnvironmentalLights.com, retails light-emitting diode (LED) lighting systems online. The company offers LED strip lights, LED light bars and modules, LED neon and super flat, LED pixel control lighting, LED controllers and dimmers, LED drivers and power supplies, and LED light fixtures. It also provides installation, engineering, and design assistance. The company serves lighting designers, architects, electrical contractors, original equipment manufacturers, retail and hospitality industry, casino/gaming sector, and other businesses and professionals. It also sells its products through catalogs. Advanced Lighting Concepts, Inc. was founded in 2006 and is based in San Diego, California with an additional location in Philadelphia, Pennsylvania.

Quality Valve

Merger/Acquisition in 2018
Quality Valve Inc. is an independent sales company located in Mobile, Alabama USA and opened for business in 1994 to sell OEM parts in the valve repair industry.
Engineered Specialties, LLC, doing business as RapidAir, manufactures and distributes compressed air piping systems. It manufactures its products under three brands: FASTPIPE, MAXLINE, and Duratec Airline System. Additionally, the company provides filter regulators, moisture drains, fitting hose reels, and other air compressor accessories. The company sells its products through its e-commerce website, distributors, farm and ranch retailers, contactors, and marketplaces. The company is based in Auburndale, Wisconsin.