Trimlite Equity LP, a Wynnchurch Capital portfolio company, acquired Francis-Schulze Co. Members of the Francis and Schulze families will continue as shareholders in Trimlite. Financial terms were not disclosed. Francis-Schulze is a distributor of exterior door products and hardware. It was founded in 1957 and headquartered in Russia, Ohio.
What people are saying
“I’d like to thank the Francis and Schulze families for their decades-long stewardship of this high-quality company. Ken and the families have built a wonderful distribution company and their values complement ours. We look forward to supporting Francis-Schulze in their next phase of growth,” says Trimlite CEO Patrick Hooper.
“As we started to plan for the next chapter for Francis-Schulze, we felt that Trimlite was the best fit for our people, our customers and our suppliers,” says Ken Francis, president of the Francis-Schulze division, Trimlite. “Their commitment to service, quality and their industry expertise gave us a confidence that Francis-Schulze will be in great hands as the business continues to grow.”
“Wynnchurch welcomes Francis-Schulze to the Trimlite team. We are excited to partner with Ken and Francis-Schulze to continue to grow their business,” says Brian Crumbaugh, partner at Wynnchurch. Francis-Schulze is the second acquisition by Trimlite since Wynnchurch Capital acquired Trimlite.
