April 30, 2024

Continuim Equity Partners Announces Acquisition of Kottler Metal Products, Inc.

Continuim Equity Partners (“Continuim”) is pleased to announce the recent acquisition of Kottler Metal Products, Inc. (“Kottler”, or the “Company”). Founded in 1915, and headquartered in Willoughby, OH, Kottler is an industry leader providing complex tube, pipe, rail, and structural steel bending services to a diverse and tenured customer base across multiple end markets.

Continuim has been impressed by the Company’s technical capabilities, loyal customer base, and strong financial profile that will benefit from Continuim’s Operational Playbook, the Efficiency Driven Growth Engine (“EDGE”), to drive increased efficiencies and manufacturing capacity through implementing Lean principles to support continued growth and value creation for the Company.

Our Portfolio Operations team looks forward to working with Mr. Barry Feldman and Mr. Aaron Simkoff – 4th and 5th generation family business members respectively – to expand Kottler’s current production capacity, to serve new and existing customers, to add to the Company’s talented employee base, and to build out a strong commercial team to drive organic growth. We will simultaneously pursue a targeted acquisition strategy to build upon Kottler’s strengths and to create a multi-regional business with a complementary set of large, complex metal bending capabilities.

George Pilafas, Managing Partner of Continuim, stated, “Our team at Continuim is proud to continue our mission of supporting the growth of successful manufacturing businesses with the acquisition of Kottler Metal Products. The Company’s tenure and reputation in the industry coupled with their differentiated set of capabilities makes Kottler an ideal fit for our Operational Playbook. We are pleased to partner with Mr. Feldman and Mr. Simkoff, and to help Kottler achieve its next phase of growth.”

Barry Feldman, President of Kottler said, “We are elated to work with Continuim, a partner that shares our values for leadership, integrity, respect for employees, and servicing customers. We are confident that, under their umbrella, Kottler Metal Products will continue to grow, offer secure employment to our team, and excel in the marketplace to reach new opportunities in fabrication”.

About Continuim Equity Partners

Continuim is a Pittsburgh-based private equity fund that focuses exclusively on acquiring and accelerating the growth of successful manufacturing and industrial businesses ranging from $3MM to $10MM of EBITDA.

We bring a Operational Playbook, committed capital, and a talented team of industrial operators to help transform manufacturing, value-added distribution, and industrial maintenance companies. Our name is derived from what we consider most important to the growth of industrial businesses — Continuous improvement.

Please visit our website to learn more about our Investment Criteria or Contact Us directly to discuss the acquisition of Kottler, other metal bending companies that could be a fit for our acquisition strategy, or other new investment opportunities that fit our mandate.

Certain statements about Continuim made by portfolio company executives herein are intended to illustrate the work of Continuim’s team with such portfolio companies. Such portfolio companies [may be controlled] by investment vehicles managed by Continuim. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities [and/or investors in Continuim-sponsored vehicles]. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein.