Long Point Capital, Inc., in partnership with management, is pleased to announce the recapitalization of Arrow Tru-Line, Inc., headquartered in Archbold, OH. Arrow Tru-Line ("ATL") is North America's leading independent manufacturer of hardware for residential and commercial overhead garage doors.
Arrow Tru-Line offers an extensive array of custom and standard steel and aluminum products such as horizontal and vertical tracks, center bearing supports, hinges, struts, torsion tubes, rollers, lift handles, brackets, cable assemblies and lock components. The Company, with facilities in the U.S. and China, is an industry leader in product breadth, performance and innovation.
"We consider the partnership with Long Point a tremendous asset in terms of providing additional resources and expertise that will allow ATL to continue expanding our presence in the sectional door hardware industry. In addition, Long Point shares the ATL philosophy of striving to be a better supplier to our customers," said Dave Shaffer, President of Arrow Tru-Line.
"Dave has built a terrific business in an industry in which we have significant interest and experience. We are excited to be partnering with such an outstanding management team and look forward to helping them realize their growth plans," said Scott Hauncher, Principal, Long Point Capital.