Littlejohn & Co. Acquires 80/20

Littlejohn & Co., LLC (โ€œLittlejohnโ€), a private investment firm based in Greenwich, CT, today announced that it has acquired 80/20 (โ€œ80/20โ€ or the โ€œCompanyโ€) from MPE Partners. 80/20 is a leading provider of premium, configurable modular framing solutions serving automation, productivity, and safety applications across a diverse range of end markets. Terms of the transaction were not disclosed.

Headquartered in Columbia City, Indiana, 80/20โ€™s unique value proposition is underpinned by a portfolio of more than 8,500 configurable SKUs, proprietary design software, advanced in-house machining, kitting and value-added services, and best-in-class lead times. The Company reaches customers through a diversified omni-channel go-to-market strategy that includes automation integrators, MRO distributors, eCommerce, and direct channels.

โ€œWe are thrilled to partner with 80/20 and its dedicated team as they continue to build a market-leading automation platform,โ€ said Steven Kalter, Managing Director of Littlejohn. โ€œThe Companyโ€™s custom design tools, comprehensive product offering, and national footprint position it as a highly valued partner to their long-tenured customer base. We look forward to expanding 80/20โ€™s capabilities and geographic reach as it seeks to execute on its growth plan.โ€

โ€œWith 30 years of experience in the industrial distribution and products sectors, we have developed a first-hand appreciation for 80/20โ€™s pristine reputation and the ubiquitous application of its products across the industrial ecosystem,โ€ added Aaron Wasserman, Principal of Littlejohn. โ€œWe are excited to invest behind a best-in-class platform at the intersection of several compelling trends including automation, robotics, modular industrial design, lean manufacturing, and the growing demand for reconfigurable, ergonomic workspaces.โ€

Doug Waldal, CEO of 80/20, added, โ€œLittlejohn has a strong track record of supporting and scaling manufacturing and distribution businesses, and we are excited to have them as partners at this stage in the Companyโ€™s evolution. We look forward to leveraging Littlejohnโ€™s portfolio support resources to accelerate our growth while maintaining best-in-class quality and service levels for our customers.โ€

Jefferies LLC served as sole financial advisor to Littlejohn. Baird served as lead financial advisor to 80/20, while Houlihan Lokey provided co-advisory services. McDermott Will & Schulte provided legal counsel to Littlejohn.

About Littlejohn & Co., LLC

Littlejohn & Co. is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments in growing middle-market industrial and services companies that can benefit from Littlejohnโ€™s 30 years of operational and sector expertise. With approximately $8 billion in regulatory assets under management, the firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit www.littlejohnllc.com.

Contacts

For Littlejohn:

Nathaniel Garnick/Grace Cartwright

Gasthalter & Co.

(212) 257โ€4170

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