GreyLion Announces Partnership with Tanis Brush
GreyLion Partners LP (“GreyLion”), a leading U.S. private equity firm focused on high-growth businesses, today announced a new partnership and strategic investment in Tanis Brush™, a leading manufacturer of high-quality industrial and abrasive brushes. Terms of the transaction were not disclosed.
Tanis Brush has been a manufacturer and supplier of custom-engineered and stock industrial and abrasive brushes for nearly 40 years. The company’s suite of products are used for precision cleaning, surface conditioning and material handling across a broad array of end-markets, including medical, data centers, food and beverage, industrial, automotive, aerospace and defense, construction, oil and gas, amongst others. The investment from GreyLion marks a significant milestone in Tanis Brush’s continued growth trajectory and will further enable the company to enhance its systems and processes, while expanding its offerings in new and existing markets through organic growth and potential add-on acquisitions.
“We are excited to welcome GreyLion as our first institutional investment partner,” said Nick Mallinger, President and CEO of Tanis Brush. “GreyLion’s industry expertise, collaborative approach and proven track record of driving transformational growth in partnership with specialized industrial and manufacturing businesses were compelling considerations for both me and our team as we continue to execute against our long-term plans. Their strategic guidance will be vital as we strengthen our value to customers and further accelerate our growth trajectory.”
“Tanis Brush epitomizes the caliber of company that we seek to partner with given their strong leadership team, differentiated, high-quality product offerings and deep commitment to delivering excellent customer service,” said Santi Nuñez, Partner at GreyLion. “Nick, along with the entire management team, has made significant strides in scaling the company’s platform and creating a highly profitable business. We believe Tanis Brush is uniquely positioned for continued rapid growth, and we are looking forward to helping them achieve even greater success.”
Tanis Brush will continue to operate from its Delafield, Wisconsin, headquarters and remain under the leadership of its current management team.
