Long Point Capital Portfolio

Arrow Tru-Line

www.arrowtruline.com

Business Description

Arrow Tru-Line is the nation’s leading independent manufacturer of hardware for residential and commercial overhead garage doors. Arrow Tru-Line offers an extensive array of components which provide structural support and durability to enable the reliable operation of garage door systems, including horizontal and vertical tracks, center bearing supports, hinges, struts, torsion tubes, rollers, brackets, and cable assemblies.

Transaction Overview

Long Point Capital invested in the Arrow through a leveraged recapitalization structure, where the owners of the Company monetized the majority of the illiquid value contained in their business, while continuing to retain a significant ownership interest in Arrow and maintaining operational control with the existing management team.

Post-Transaction

Under LPC's ownership, Arrow made process innovations that improved efficiency and consistency of product quality, resulting in a higher value proposition for customers. Long Point successfully sold Arrow to a private equity firm in 2017.

Contact

Gerry Boylan: 248-591-6000 / gboylan@lpcfund.com
Ira Starr: 212-593-1800 / istarr@lpcfund.com