Wynnchurch Capital Sells NSC Minerals
SASKATOON, Saskatchewan & ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital ("Wynnchurch"), a leading middle-market private equity firm, announced the sale of NSC Minerals Ltd. ("NSC"). Headquartered in Saskatoon, Saskatchewan, NSC is a leading producer and distributor of highway de-icing and industrial rock salt to Western Canada and the North Central U.S. Frank Hayes, a Partner at Wynnchurch, stated: "We look to partner with exceptional management teams running unique, differentiated businesses and were fortunate to have found both in NSC. We wish them continued success with their new partners."
“We look to partner with exceptional management teams running unique, differentiated businesses and were fortunate to have found both in NSC. We wish them continued success with their new partners.”
Chris O'Brien, a Managing Director at Wynnchurch, added: "Under management's leadership, NSC was able to grow through strategic investments made to expand its capacity and geographic reach while continuously focusing on providing best-in-class service to its customers." Wynnchurch acquired a majority interest in NSC in December 2011.
ABOUT WYNNCHURCH CAPITAL:
Wynnchurch Capital, headquartered in the Chicago suburb of Rosemont, Illinois with offices in Detroit, Toronto, and an affiliate office in Montreal, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch's strategy is to partner with middle market companies in the United States and Canada which have outstanding management teams and possess the potential for substantial growth and profit improvement. Wynnchurch focuses on investments in niche manufacturing, business and industrial services, energy and power services, logistics, transportation and value-added distribution. Wynnchurch manages a number of private equity funds with capital under management in excess of $1 billion specializing in management buyouts, recapitalizations, corporate carve-outs, restructurings and growth capital. For more information, please visit: www.wynnchurch.com.