Investment extends SBG’s consumables offering into the daily maintenance and renewal of polished concrete flooring and terrazzo
LOS ANGELES–(BUSINESS WIRE)–#investments–Charger Investment Partners’ (“Charger”) portfolio company, SBG Holdings Inc. (“SBG”), a leading manufacturer of consumables and highly specialized equipment used in the conversion and placement of polished concrete flooring, announced today that it has partnered with management to complete the acquisition of Ameripolish Inc. (“Ameripolish”), a leading manufacturer of consumables for the maintenance and renewal of polished concrete and terrazzo flooring. Terms of the transaction were not disclosed.
Headquartered in Lowell, Arkansas, Ameripolish is an industry leader in the innovation of consumable concrete products, all made in America. Ameripolish delivers solutions that provide customers with cutting edge technology to prepare, strengthen, color, protect and maintain polished concrete floors.
“We are thrilled to announce the transaction and partnership with the Ameripolish founders,” said Aaron Figura, Managing Director at Charger. “The acquisition furthers SBG’s objective of providing leading products, services and technology to the polished concrete industry across the flooring lifecycle and opens up exciting new avenues of growth.”
SBG is pleased to partner with Ameripolish’s leadership team, Clint Howle and Carl Cabot, who will continue to lead the business.
“We are excited to leverage SBG’s resources to even better service our growing customer base,” said Clint Howle. “Together, we’re building a stronger, more complete systems-based solution for the concrete flooring industry. Carl and I are deeply invested in the future of the business.”
The acquisition aligns with Charger’s strategy of investing in founder-led, U.S.-based industrial businesses.
About Charger Investment Partners
Based in El Segundo, California, Charger Investment Partners is a private equity firm that invests in dynamic mid-sized companies primarily in the industrial, consumer and services industries that can benefit from Charger’s partnership and value enhancement expertise. The firm’s principals have decades of experience successfully building market-leading companies and utilizing an operationally focused, flexible capital approach that encompasses a variety of transaction types including ownership transitions, corporate carve-outs, and recapitalizations. For more information, please refer to the Charger website at www.chargerinv.com.
About SBG
SBG Holdings, Inc. manufactures consumables and specialty equipment for the maintenance, conversion and placement of concrete flooring and other hardscapes through its industry-leading brands of SASE® and Bartell Global®. SASE® directly serves surface preparation and concrete polishing contractors with a comprehensive offering of consumables, equipment, and related solutions. Bartell Global® serves a wide range of distributors and rental providers with a comprehensive offering of solutions for site preparation and surface placement, finishing and polishing. For more information, please refer to the SBG website at www.sbg-corp.com.
About Ameripolish
Ameripolish is the leading manufacturer of abrasives and coatings in the maintenance and renewal of polished concrete flooring. Founded in 2005, Ameripolish revolutionized the concrete polishing industry by introducing solvent-based, penetrating concrete dyes. Since then the Ameripolish team has unfolded new and exciting cutting edge technology to prepare, strengthen, color, protect and maintain polished concrete floors. For more information, please refer to the Ameripolish website at www.ameripolish.com.
Contacts
Paul Wolf
Managing Director, Charger
(310) 372-5525
[email protected]
