Chicago, IL, August 9, 2018 – Rock Gate Partners (“Rock Gate”), a Chicago-based private investment firm, and its partners have entered into a definitive agreement to sell Walpar, LLC (“Walpar” or the “Company”) to Valmont Industries, Inc.
Rock Gate Partners is pleased to announce the acquisition of American Industrial Direct, d.b.a. Auto Body Toolmart, by its Whitewater Brands platform that is owned in partnership with Peninsula Capital Partners.
Rock Gate Partners, LLC (“RGP”) has formed Whitewater Brands, LLC to facilitate the acquisition of Collision Services, Inc. and I.D.E.A., Inc. in partnership with management and Peninsula Capital Partners, L.L.C.
Rock Gate Partners, LLC (“RGP”) announced the recapitalization of Walpar, Inc. in partnership with Peninsula Capital Partners, L.L.C. and the Parker family (Walpar’s founder and controlling shareholders).