Monomoy Capital Partners Acquires Shaw Development, LLC.
Founded in 1944 and headquartered in Bonita Springs, Florida, Shaw Development (“Shaw” or the Company) is a designer, manufacturer and assembler of sensors, fluid management systems and related components primarily for diesel exhaust fluid (DEF) applications. Shaw’s DEF systems are mission-critical components of emission control systems in diesel engines. Shaw provides production and aftermarket components for OEMs in the construction, agricultural, heavy truck and other industrial/transportation end markets. The Company also sells non-DEF products, including components for advanced diesel refueling systems. Shaw operates three facilities in Florida and has approximately 250 employees.
Shaw is another great example of Monomoy partnering with a market leading, family-owned business to execute a value creation plan focused on cash flow and EBITDA growth. Shaw represents the family-owned business that Monomoy has partnered with management and acquired over the last 20 months.
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Monomoy Capital Partners is a private investment firm with $1.6 billion in committed capital across a family of four 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.