The Anderson Group
The Anderson Group LLC is a private equity firm established in 1985 and headquartered in St. Petersburg, Florida, with additional offices in Shanghai, China, and Bloomfield Hills, Michigan. The firm specializes in acquiring control positions in niche manufacturing, distribution, and service companies within the lower end of the middle market. It targets investments in companies with annual sales and revenues ranging between $10 million and $100 million, and typically seeks to invest in firms that have been operational for at least five years. Although the firm is industry agnostic, it generally avoids sectors such as technology, biotech, natural resources, restaurants, retail, and healthcare. The Anderson Group is particularly focused on turnaround situations, management buyouts, and corporate divestitures, and it engages in private recapitalization and industry consolidation. The firm aims to take an active role in its portfolio companies, seeking voting control and opportunities for operational improvements.
Top Stages
3 past transactions
Double B Foods
Acquisition in 2024
Double B Foods, Inc. is a Texas-based company established in 1971 that specializes in the development and production of frozen food products, including hand-held appetizers, entrées, desserts, dough-enrobed kolaches, and dips. Operating from its facilities in Arlington and Meridian, Texas, the company serves a diverse clientele, including restaurants, schools, specialty segments, co-packers, private labels, and retail grocery markets. By focusing on creating fresh and healthy food options, Double B Foods aims to meet the needs of casual dining chains and supermarkets, ensuring high-quality offerings for various dining and retail settings.
Fosbel
Acquisition in 2019
Fosbel is a global service provider that specializes in the inspection, maintenance, repair, and reconstruction of refractory furnaces, particularly for the steel and glass industries. The company offers a range of services, including ceramic welding and condition monitoring, aimed at coke oven and glass furnace operators. Fosbel focuses on delivering preventative maintenance and remedial repairs to enhance the operational efficiency and longevity of industrial ovens. With a commitment to high-quality service, Fosbel supports its clients in ensuring the reliability and safety of their critical equipment.
Perfect Fit Industries
Acquisition in 2010
Perfect Fit Industries, LLC is a manufacturer and marketer of home textile products, primarily specializing in bedding items. Founded in 1932 and headquartered in Charlotte, North Carolina, with an additional office in New York, the company produces a wide range of products including mattress pads, toppers, pillows, heated blankets, and decorative throws. Perfect Fit Industries supplies its offerings to various retailers and specialty e-tailers across the United States and Canada. The company operates manufacturing facilities in New Hampshire, Indiana, North Carolina, and California, enabling it to efficiently meet the demands of its diverse customer base. As of December 2015, it functions as a subsidiary of Cross River, LLC.
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