Checkers Industrial Products Acquires Yellow Jacket
September 8th, 2011
Broomfield, Colorado - Checkers Industrial Products, LLC announces the acquisition of Peterson Systems International / Yellow Jacket Inc., a global leader in manufacturing and distributing cable management systems. "This acquisition further complements Checkers Industrial's cable management system offering and better positions the company to compete globally" said founder and CEO Steve Henry.
The combined product offering now includes premier brand names Yellow Jacket, Linebacker, Guard Dog, and Bumble Bee. Asked what the acquisition brings to Checkers Industrial, President David Kasnic commented "The acquisition combines nearly fifty years of experience in engineering and manufacturing cable management systems and broadens our manufacturing capabilities to accelerate product innovation and response time to our customers".
Checkers Industrial manufactures and distributes a variety of branded safety products including cable management systems, wheel chocks, and warning whips for the industrial, mining, aviation, military, construction, and entertainment markets. The company has developed products that meet and exceed safety standards and has a leading position in its respective end markets.
About Tonka Bay Equity Partners
Based in Minnetonka, MN, Tonka Bay Equity Partners is a private equity firm that acquires and invests in lower middle market businesses in the highly-engineered manufacturing, business services and value-added distribution sectors. For more information, call (952) 345-2035 or visit www.tonkabayequity.com.