ShoreView Launches Test and Measurement Investment Strategy, Acquiring Garner Industries
The Partners of ShoreView are pleased to announce an investment in Garner Industries (“Garner”).
Founded in 1953, Garner is a manufacturer and supplier of level measurement sensors as well as a custom injection molder with a range of fabrication capabilities. Garner is headquartered in Lincoln, NE with a strong market presence throughout the United States.
Garner goes to market under the BinMaster™ brand, selling radars, 3D level scanners, point level sensors, and other test and measurement devices to a wide range of industries, including agriculture, plastic and resin, cement, food processing, mining, and bioenergy. As a component of its growth strategy, Garner will actively seek add-on acquisitions in the test and measurement industrial technology space with complementary product offerings and technologies.
Garner represents ShoreView’s eighth platform investment in its latest fund, ShoreView Capital Partners IV, L.P., which was activated in March 2020. ShoreView partnered with Garner’s management to support continued growth. For more information on Garner, please visit www.garnerindustries.com or www.binmaster.com.
Founded in 2002, ShoreView is a Minneapolis-based private equity firm that has raised over $1.3 billion of committed capital across four funds. ShoreView partners with family and entrepreneur-owned companies across many sectors, including engineered products, distribution, industrial services, business services, healthcare, and niche consumer products. Shoreview structures various acquisition, recapitalization, and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million.
If you are interested in speaking with ShoreView about add-on or platform investment opportunities, please contact Garrett Davis at firstname.lastname@example.org.