LongueVue Capital Partners with Saelens for Growth Success
LVC Partners with Management to Accelerate Growth of Precision Manufacturing Platform
LongueVue Capital, a distinguished private equity firm based in New Orleans, announces its strategic partnership with Saelens, a unique precision manufacturing platform specializing in automated CNC machining and strategic sourcing for original equipment manufacturers (OEMs) across various industrial sectors.
Saelens, established in 1974 and situated in Johnson Creek, Wisconsin, boasts two advanced manufacturing facilities. It offers services under the trade names Diamond Precision Products and Coupling Nut Supply, emphasizing its diverse operational capabilities. Furthermore, Saelens extends its international sourcing and manufacturing services through its subsidiary, Lembak Global Sourcing. Over the last five years, the company has doubled its revenue and significantly enhanced its manufacturing capabilities, now employing around 230 skilled professionals.
"After experiencing several years of rapid expansion, we recognized the necessity of a partner to sustain our growth momentum and secure long-term success for our team. We chose LongueVue Capital due to their extensive experience in precision manufacturing and a strong alignment with our values," stated Bryan Weiss, Saelens Chief Executive Officer. "From our very first conversation, LVC's approach resonated with us. Their expertise in scaling manufacturing operations, coupled with their enthusiasm for our people, automation strategies, and global sourcing abilities, fills us with confidence for the future we are set to create together," added Eric Weiss, President of Saelens.
Ray Jeandron, Managing Partner at LVC, shared, "We are excited to collaborate with Bryan, Eric, and the entire Saelens team as the company launches into this new growth phase. Saelens has established an impressive platform characterized by exceptional automation capabilities, strong customer relationships, and an unwavering commitment to quality. We firmly believe the company is exceptionally placed to leverage favorable market conditions and meet rising customer demands."
Len Zaiser, Operating Partner at LVC, remarked on Saelens' scalable operational model, stating, "During our assessment of Saelens, it became evident that they have crafted a unique operating framework that fuses disciplined engineering with advanced automation and a deep commitment to addressing customers' complex machining requirements. I am eager to collaborate with the management team to support ongoing technological investments, enhance international sourcing, and attract top talent as Saelens aims to emerge as a leader in its industry."
The partnership transaction involved LVC Vice President Nick Davaz and Associate Brennan Louviere, working alongside Operating Partner Len Zaiser and Managing Partner Ray Jeandron.
Financial backing was provided by Abacus Finance for senior debt financing, while Norton Rose Fulbright LLP served as the legal counsel for LVC. Capstone Partners acted as an advisor to Saelens, with Foley & Lardner LLP fulfilling the legal counsel role for the company.
About LongueVue Capital
Founded in 2001, LongueVue Capital specializes in growth equity investments with a focus on providing transformational capital to middle-market enterprises. With a successful track record spanning over 25 years, the firm partners with entrepreneurs and management teams to generate value. Having committed over $800 million across five funds, LVC brings more than 150 years of combined operational and investment experience, making it an ideal partner for companies at pivotal growth stages.
About Saelens
Saelens is an innovative precision manufacturing platform known for its highly automated CNC machining, value-driven engineering, and global sourcing abilities for leading OEMs across various industrial sectors. With operational footprints in both Wisconsin and Vietnam, Saelens delivers essential machined components, enhanced by advanced automation, engineering prowess, and longstanding customer partnerships.
Frequently Asked Questions
What type of partnership has LongueVue Capital established with Saelens?
LongueVue Capital has partnered with Saelens to leverage its expertise and drive the company’s growth in precision manufacturing.
What is Saelens known for in the industry?
Saelens is recognized for its highly automated CNC machining, strategic sourcing for OEM customers, and commitment to quality.
What has been the growth trend of Saelens?
Saelens has seen a significant increase in revenue and manufacturing capabilities, doubling its revenue over the past five years.
Who are the key executives involved in the partnership from Saelens?
Key executives include Bryan Weiss, Chief Executive Officer, and Eric Weiss, President, who are both optimistic about the collaboration with LVC.
What are LongueVue Capital’s focus areas as a private equity firm?
LongueVue Capital primarily focuses on providing growth capital to middle-market companies, fostering value creation through strategic partnerships.
