ALM Positioners Joins Forces with Altus Capital Partners and Centerfield Capital
Deal News | Apr 07, 2025 | Altus Capital Partners Inc
In a strategic move, Altus Capital Partners, Centerfield Capital Partners, and ALM Positioners Inc.'s senior leadership announced the acquisition of ALM Positioners Inc., a company specializing in automated positioning equipment, on April 7, 2025. Headquartered in Rock Island, Illinois, ALM offers technologically advanced solutions to manufacturers, enhancing production processes with innovative equipment designed for safety and efficiency. This acquisition is viewed as a platform investment by Altus Capital, aligning with its investment strategy focused on U.S. niche manufacturing businesses. ALM’s management will remain unchanged, ensuring continuity and leveraging their expertise to drive growth. Altus and Centerfield acknowledge the value of ALM's industry position and express optimism in bolstering its growth and end-market diversification. Both private equity firms view their investment as a reinforcement to the U.S. manufacturing sector, aiming to support reshoring initiatives and operational efficiency. Financial details of the acquisition are not disclosed.
Sectors
- Manufacturing Equipment
- Private Equity
Geography
- United States – The acquisition involves U.S.-based companies and aligns with the focus on the U.S. manufacturing sector.
Industry
- Manufacturing Equipment – Relevant because ALM Positioners provides automated positioning equipment solutions for manufacturing processes.
- Private Equity – Pertinent to the acquisition facilitated by Altus Capital Partners and Centerfield Capital Partners.
Financials
- Not Disclosed – The financial terms of the acquisition of ALM Positioners by Altus Capital Partners and Centerfield Capital were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ALM Positioners, Inc. | Target Company | Company | A provider of technologically advanced automated positioning equipment for manufacturers. |
| Altus Capital Partners | Acquirer | Company | A private equity firm focusing on niche manufacturing businesses in the U.S. middle market. |
| Centerfield Capital Partners | Co-investor | Company | A capital provider to lower middle market companies, partnering in strategic acquisitions. |
| Pat Pollock | President and CEO of ALM | Person | An executive leading ALM Positioners with a focus on growth and customer value. |
| Greg L. Greenberg | Senior Partner at Altus Capital Partners | Person | Key figure in the acquisition, advocating for ALM's growth and strategic alignment. |
| Thomas R. Groh | Partner at Altus Capital Partners | Person | Supports ALM's role in U.S. manufacturing and investment focus. |
| Faraz Abassi | Managing Partner of Centerfield | Person | Partnering with Altus Capital in the acquisition of ALM Positioners. |