NEWPORT BEACH, Calif., Jan. 29, 2015 /PRNewswire/ -- Solis Capital Partners (Solis), a lower middle-market private equity firm, today announced that it has acquired an equity interest in ML Kishigo Manufacturing Company (ML Kishigo), a leading manufacturer of industrial safety garments.
Founded in 1971, ML Kishigo is a market leader in the design and manufacture of safety wear. Their products are worn by construction workers, airport personnel, city and statewide municipality workers and other operators of large equipment throughout the United States. ML Kishigo is widely recognized for its quality, expertise and innovation in the industry. With local and offshore manufacturing facilities, ML Kishigo is able to offer custom products to service the niche design needs of its customers, and has been fundamental in establishing the industry standards for high visibility safety garments.
"We look forward to partnering with Greg Hayward, CEO of ML Kishigo, in this next phase of the company's growth and evolution," said Daniel Lubeck, Managing Director and Founder of Solis. "Greg has been a key operator of this business for more than 20 years. It is exciting to partner with a leader of Greg's caliber, and we look forward to supporting him and his team in achieving their vision."
"Solis is a valuable strategic and financial partner that shares our vision," says Greg Hayward, "We are excited to have the resources and support to continue to bring innovative and high quality products to our customers. We very much look forward to this next phase of our growth, with new products and an expanded geography."
ML Kishigo is headquartered in Santa Ana, California, and is the fourth investment in Solis II.
Solis Capital Partners is private equity firm specializing in the lower middle-market. Headquartered in Newport Beach, CA, Solis focuses on companies with revenues of $15 to $100 million, typically in the service, niche manufacturing, and software sectors. The firm is actively investing through Solis Capital Partners II. For additional information, see www.soliscapital.com.
ML Kishigo Manufacturing Company is a leading manufacturer of industrial safety garments. Known for quality, expertise and innovation, ML Kishigo is widely recognized as a leader in the design, manufacture and supply of high quality safety wear. For additional information see www.mlkishigo.com.
SOURCE Solis Capital Partners