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Tinicum L.P. Acquires Controlling Interest in Robert Family Holdings

·2 min read

Tinicum, L.P., and affiliated funds managed by Tinicum Incorporated ("Tinicum") announced today that they have acquired a controlling interest in Robert Family Holdings, LLC. Following the acquisition, Robert Family Holdings changed its name to TSL Engineered Products, LLC ("TSL").

TSL, through its three wholly owned operating subsidiaries—Advantek, LLC, Continental Disc, LLC, and Dexter Magnetic Technologies, Inc.—is a diversified global manufacturer of highly specialized industrial solutions.

Advantek manufactures carrier tape and associated products for the semiconductor industry. Headquartered in Eden Prairie, Minnesota, Advantek has over 35 years of tight-tolerance component delivery experience, five manufacturing facilities on three different continents, and a customer base that includes leading semiconductor device manufacturers, foundries, and assembly and test service providers.

Continental Disc is a leading manufacturer of rupture discs, pressure- and vacuum-relief valves, and other safety-critical pressure-relief products. Continental Disc serves diverse end markets globally, including chemical, oil and gas, pharmaceutical, aerospace, defense, and industrial markets. Headquartered in Liberty, Missouri, Continental Disc was founded in 1965 and operates three manufacturing facilities in the US and India.

Dexter Magnetic Technologies supplies specialized magnetic components and assemblies for use in demanding applications in the medical, aerospace, defense, semiconductor manufacturing, oil and gas, and industrial end markets. Dexter has been solving complex customer challenges since 1951 and manufactures its products at its headquarters in Elk Grove Village, Illinois.

"Through each of our three operating subsidiaries, TSL provides customers with engineered products for critical applications," said Drew Ladau, CEO of TSL Engineered Products. "Tinicum’s partnership will enable each of our businesses to continue investing in the personnel, capital, and solutions needed to provide industry-leading products and service to our customers worldwide."

"Advantek, Continental Disc, and Dexter are leaders within their respective industries because they diligently satisfy customer needs with engineered solutions and high standards of service," said Michael Donner, a partner at Tinicum. "Tinicum is a long-term business owner, and we look forward to supporting these businesses in pursuit of their strategic plans and continued growth."

Tinicum, founded in 1974, is a private investment partnership with experience investing in private and public companies in industrial manufacturing, distribution, and technology. Tinicum invests in businesses for the long term and seeks to partner with owners, families, and managers who share a similar approach.

For more information about Advantek, visit www.advantek.com.

For more information about Continental Disc, visit www.contdisc.com or www.grothcorp.com.

For more information about Dexter, visit www.dextermag.com.

For more information about Tinicum, visit www.tinicum.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210112006029/en/

Contacts

Matthew Quartner – Tinicum Incorporated
212-446-9300