Wynnchurch Capital has sold Gyptech to Fortress Investment Group

Gyptech

Headquartered in Burlington, Ontario, Gyptech is a global leader in the design, construction and commissioning of equipment for both gypsum wallboard and asphalt shingle manufacturing. The company provides complete, turnkey production solutions and has a proven track record of delivering high-performance systems across North America and the rest of the world. From raw material processing to finished products, Gyptech provides comprehensive support for every stage of gypsum wallboard production and is a leading innovator in asphalt-shingle manufacturing technology. With decades of experience and a global footprint, Gyptech has played a crucial role in shaping modern construction practices, continuously delivering solutions that meet the evolving needs of the industry. Gyptech’s core values of innovation, perseverance, caring and humility drive its commitment to helping make shelter possible for communities worldwide.

The Deal

Under Wynnchurch Capital’s ownership, Gyptech management scaled the business, increased its international presence, introduced innovative product offerings for its gypsum wallboard customers and acquired a highly complementary provider of turnkey solutions for the asphalt shingle industry. To support its next phase of growth, Gyptech sought a new partner to support the company’s continued innovation initiatives and global growth strategy. With Fortress Investment Group, management will continue to realize its vision for the company’s continued success.

Our Perspective

Adam Hunia, Lincoln International Managing Director who led the transaction, commented, “Demand continues to be strong for businesses like Gyptech that deliver a superior return on investment through a comprehensive solution offering from design and engineering to commissioning. The increasing use of automation (e.g., robotics and machine vision) is widening the gap versus competitors.”

Wynnchurch Capital

Wynnchurch, headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity (PE) investment firm. Wynnchurch’s strategy is to partner with middle market companies in the U.S. and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of PE funds with $9.2 billion of regulatory assets under management (AUM) and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings. Recently, Wynnchurch acquired Principal Industries, a leading provider of LED components and engineered assemblies. Other recent investments include: ORS Nasco, North America’s largest pure wholesaler of industrial maintenance, repair and operations supplies; Hydraulic Technologies, a market leader in high-pressure hydraulic tools; and Reagent, the #1 specialty distributor of hydrochloric acid in North America. For more information, please visit www.wynnchurch.com or LinkedIn.

Fortress Investment Group

Fortress is a leading, highly diversified global investment manager. Founded in 1998, Fortress manages $49 billion of AUM as of September 30, 2024, on behalf of approximately 2,000 institutional clients and private investors worldwide across a range of credit and real estate, PE and permanent capital investment strategies. For more information, please visit www.fortress.com.

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