Monomoy Acquires Edsal Manufacturing
Founded in 1957, Edsal manufactures, sources and distributes branded and private label storage products for garages, tool sheds and basements. The company is the market leader in residential steel shelving sold through the home improvement, big box and mass retail channels with a growing presence in e-commerce sales. Edsal also manufactures steel cabinets and lockers for homes and small businesses; industrial racking products and free-standing tool boxes; plus a variety of related products for garage and basement organization. The Company operates 15 facilities in Illinois, Indiana, Pennsylvania, Tennessee, California and China and currently employs over 1,000 team members.
Monomoy Capital Partners is a private investment firm with $1.5 billion in committed capital across a family of three investment funds. We invest in the debt and equity of middle market businesses that can benefit from operational and financial improvement with a focus on manufacturing, distribution and consumer product businesses in North America and Europe.