News

Merion Investment Partners III, L.P., is excited to announce a new investment in Sheer Strength (the “Company”), one of the fastest growing sports nutrition companies in the United States. Merion provided subordinated debt and equity to support Baymark Partners and its acquisition of the Company.

Sheer Strength uses only the highest-quality, most effective ingredients available, carefully formulated and manufactured for optimum results. All of the products are built on a solid foundation of proven science and real results with accurate and transparent labeling. The Company has become one of the leading supplement brands sold through several e-commerce channels.

Merion Investment Partners III, L.P., is excited to announce a new investment in Medical Physics Holdings (the “Company”), a leading provider of medical physics staffing and support services throughout the United States. Merion provided subordinated debt and equity to support L2 Capital Partners and its acquisition of the Company (operating as Associates in Medical Physics LLC and Radiation Management Associates LLC).

The Company provides highly technical staffing solutions to major oncology centers, as well as machine diagnostic and related regulatory services to hospitals, independent centers, imaging centers and private practices.

Merion Investment Partners is excited to announce a successful exit from Midwest Automotive Designs LLC, a leading custom van upfitter, through an acquisition by REV Group (REVG) a $2+ billion manufacturer of industry-leading specialty vehicle brands and leading provider of parts and services.

Merion acted as the lead investor and teamed with Petra Capital Partners in the purchase of the company in partnership with Pegasus Capital. We are pleased to have had the opportunity to work with the excellent management team we recruited to the company to support its founder, Tim Gray, who remained a significant shareholder, in accelerating the growth of the business. Merion believes this transaction reflects the profile of how we work with partners and sponsors to support change of control transactions in our lower middle market focus industries.

Headquartered in Elkhart, IN, Midwest develops and manufactures luxury vehicles for end segments including motorhomes, shuttle vans, limousines, and customized executive transportation vehicles. During Merion’s investment period, the company grew revenues and EBITDA at a CAGR of 32% and 24% respectively.

Merion Investment Partners III, L.P., is excited to announce a new investment in Radius Global Solutions. Merion provided subordinated debt to support the merger between Radius Global Solutions and Northland Group.

Radius Global Solutions, headquartered in Blue Bell, PA, is a global technology-enabled provider of end-to-end accounts receivable and customer relationship management solutions. The company merged with Northland Group, a Minneapolis, MN based provider of accounts receivable and customer relationship management solutions primarily in the financial services sector.

Merion Investment Partners III, L.P., is excited to announce a new investment in Industrial Air Flow Dynamics.  Merion provided subordinated debt for growth capital.

The company, headquartered in Glastonbury, CT., is a leading manufacturer and installer of replacement expansion joints for power generation applications.  The company provides its services nationwide to several different types of power plants, including gas and coal.