Grey Mountain Partners

Grey Mountain Partners, LLC, founded in 2003 and headquartered in Boulder, Colorado, is a private equity firm dedicated to partnering with management teams to enhance operational performance and drive value creation. The firm primarily focuses on investing in smaller lower middle-market and mature companies across a diverse range of sectors, including healthcare services, business process outsourcing, industrial distribution, and consumer services. Grey Mountain seeks to engage in various transaction types, such as management buyouts, corporate carve-outs, and operational turnarounds, often targeting family-held businesses in transition or distressed situations. The firm typically invests between $15 million and $100 million in companies with sales of up to $500 million and aims to acquire majority interests while exploring add-on acquisition opportunities. With additional offices in Minneapolis, Pittsburgh, and New York, Grey Mountain Partners emphasizes a hands-on approach to achieve operational excellence and sustainable growth for its portfolio companies.

Robert Dellinger

Managing Director

Kuo, Jeffrey

Co-Founder and Managing Partner

Bill Ross

Senior Associate

Schneider, Bob

Senior Associate

Stasney, Kirsten

Principal

11 past transactions

48forty

Private Equity Round in 2018
48forty is a pallet management service that provides recycled whitewood pallets The company has a network of over 225 facilities, including 44 company-owned and operated plants and more than 180 affiliates. 48forty provides end-to-end pallet solutions, from supply to retrieval, on-site services, reverse logistics, and retail services.

CHEP Recycled

Acquisition in 2018
CHEP Recycled is the largest whitewood pallet recycler in the North America, recycling over 90 million pallets annually. The Company is headquartered in Atlanta, GA, and has 67 locations in the U.S. and 6 locations in Canada, with approximately 2,400 total employees. The Company purchases used whitewood pallets, repairs them, and then re-sells the pallets to manufacturers and distributors.

Kronos Foods

Acquisition in 2016
Kronos is a manufacturer and distributor company that includes gyros meat, pitas and flatbreads, hummus, sauces, and desserts. They partner with distributors, brokers, operators, and retailers to deliver consistently high-quality products and services combined with culinary and business solutions. Their heritage is Mediterranean but their expertise knows no boundaries. They are a company committed to continuous improvement, making sure they use only the finest ingredients and processes to provide its customers with America’s best tasting and highest quality products.

Sunbelt Transformer

Acquisition in 2015
Sunbelt Transformer, based in Temple, Texas and Sharon, Pennsylvania, is a leading provider of new and remanufactured electrical power and distribution equipment (e.g., transformers, switchgear, circuit breakers, etc.) and related repair and field services. Operating from eight locations across the United States, Sunbelt is recognized as the leading national brand in providing rapid, customized and even temporary electrical equipment solutions for commercial and industrial customers. Since 1981, Sunbelt has invested in developing a talented group of employees and unique capabilities, building a comprehensive managed inventory of new and used equipment, and developing a state-of-the-art technology backbone to deliver superior service and associated logistics.

Honsador Holding

Acquisition in 2014
Honsador Lumber started its business in 1935 as a millwork and sash and door company on the island of Oahu. The beginnings were Spartan as one could imagine manufacturing to be in the 1930’s. During their start up and for many years after that the Company was appropriately called Honolulu Sash and Door. Over the years the Company evolved out of a small millwork and sash business and into Hawaii’s largest lumber supplier. In time the Company added finish products such as cabinetry, doors and windows and others to compliment the lumber and plywood offerings. The Company targeted general contractors and owner builders and military accounts. Everyday Honsador furnishes key materials to Hawaii’s largest, mid-size and small builders. Owner builders are attracted to Honsador for many reasons but we know they especially enjoy working with our staff of sales and product specialists who have years of experience ion building materials. This has been part of Honsador’s history; to always field the most knowledgeable personnel at all levels and for all disciplines represented in its line up of products and services.

Dimex

Acquisition in 2014
Dimex was developed into a world-class manufacturer for a diverse group of markets that include landscape products, masonry products, marine products, industrial matting products and recently-launched office products. The common thread between these niche markets involves extruded profiles from one of the following raw materials: polyethylene, polyvinyl chloride (rigid and flexible) or EPDM rubber.Headquartered in the heart of the Midwest in Marietta, Ohio, Dimex operates a spacious 220,000 square foot manufacturing facility with state-of-the-art equipment. From custom compounding to extrusion/calendaring to finishing, Dimex products meet rigorous quality specifications through careful engineering, in-line testing and quality control. And because we are involved in the manufacturing from start to finish, our lot and serial tracking systems allow products to be traced all the way back to their original plastic compound.

Ajubeo

Private Equity Round in 2013
Ajubeo is a national provider of high-performance, enterprise-class virtual private data centers and cloud Infrastructure-as-a-Service (IaaS), founded and built by CIOs, for CIOs. Discerning organizations select Ajubeo for the increased business and architectural agility that comes from flexible, high-performance cloud infrastructure built to handle the scale, integration and compliance of today’s enterprises. Ajubeo backs its cloud services with a 100% uptime SLA and corporate commitment to customer satisfaction. Cloud hub locations include the world’s most reliable and connected data centers in Denver, New York, and Germany, accessible via secure, private network connections from anywhere in the world. For more information, please visit www.ajubeo.com.

Ajubeo

Acquisition in 2012
Ajubeo is a national provider of high-performance, enterprise-class virtual private data centers and cloud Infrastructure-as-a-Service (IaaS), founded and built by CIOs, for CIOs. Discerning organizations select Ajubeo for the increased business and architectural agility that comes from flexible, high-performance cloud infrastructure built to handle the scale, integration and compliance of today’s enterprises. Ajubeo backs its cloud services with a 100% uptime SLA and corporate commitment to customer satisfaction. Cloud hub locations include the world’s most reliable and connected data centers in Denver, New York, and Germany, accessible via secure, private network connections from anywhere in the world. For more information, please visit www.ajubeo.com.

Binswanger Glass

Acquisition in 2012
Binswanger Glass was founded in 1872 when Samuel Binswanger opened a small glass store in Richmond, Virginia. The new business thrived in the reconstruction era that followed the Civil War. Soon Samuel’s four sons joined him in business and the company began serving clients throughout the South. The early 1900s were a time of growth. By 1903, the Richmond office could no longer handle all the business and a branch was opened in Memphis. In 1923, a second branch was opened in Houston.

Triton Diving Services

Private Equity Round in 2011
Triton Diving provides project management, marine construction, manned diving services, inspection, repair, and maintenance services. And through our marine and well services subsidiaries (Alliance), they offer a “one-stop-shop” for our clients on all diving and decommissioning projects.

Herr-Voss Stamco

Acquisition in 2007
Herr-Voss Stamco employees are dedicated to and focused on providing their customers superior working solutions in the coil and sheet metal processing industries. Herr-Voss Stamco has a distinguished record of providing highly regarded equipment and timely and efficient services. Our employees and representatives provide equipment and service to customers around the world.
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