Detroit-based private equity firm Superior Capital Partners today announced that it has acquired the assets of Wilson-Hurd Manufacturing as an add-on acquisition to its Los Angeles-based user-interface and product identification portfolio company, Nelson-Miller. The transaction marks 22 acquisitions from the Superior fund.
Nelson-Miller designs, manufactures, and sources customized membrane switches, nameplates, touch screens, keypads, and other user-interface and product identification solutions. The company provides the complete product design and full manufacturing for its customers.
Typically, the products are used by product and equipment manufacturers primarily in the healthcare, industrial, aerospace, and consumer industries.
Wisconsin-based manufacturing company Wilson-Hurd brings Nelson-Miller complementary product lines and production capabilities along with a diverse customer base. The transaction builds on Nelson-Miller’s capabilities as a platform company.
“This is a very positive acquisition for Nelson-Miller,” says Hosmel Galan, CEO of Nelson-Miller. “The transaction creates a larger, more diverse business with an impressive customer list, industry leading design and engineering teams, and excellent manufacturing capabilities.”
Superior seeks to acquire or recapitalize niche manufacturers, value-added distributors, and specialty service companies. Generally, these companies will have annual revenue between $10 and $100 million, identifiable growth opportunities, and the need for capital and resources to implement a growth and recovery plan.
“This acquisition continues the evolution of Nelson-Miller into a broad based technical solutions provider to global leaders in its growing end markets,” says Scott Hauncher, partner at Superior Capital. “The combined management, technical resources, and manufacturing capabilities make Nelson-Miller one of the largest competitors in the industry.”