Boaz, AL. April 22, 2021 – Pinnacle Manufacturing, LLC (“Pinnacle”), a portfolio company of Turning Basin Capital Partners, LLC (“Turning Basin”) and Vigeo Investments, LLC (“Vigeo”), announced today the acquisition of substantially all of the assets of MJK Custom Fabrication & Coatings (“MJK”). The acquisition will enhance Pinnacle’s geographic presence for its current line of environmental products in the Western U.S. and also expands its product line to include vertical tanks.
MJK will be renamed Pinnacle Manufacturing Utah. From its 170,000 square foot manufacturing facility in Ogden, UT, Pinnacle will continue to produce MJK’s high-quality product line as well as Pinnacle’s environmental roll-off containers, mini frac tanks, poly tanks, and other products currently in development at Pinnacle’s Boaz, AL facility. The Ogden facility will also serve as a stocking location for Pinnacle’s aftermarket parts sales and as a tank refurbishing site for customers in the Western US.
The transaction closed on April 16. 2021. Terms of the acquisition were not disclosed.
About Turning Basin Capital Partners
Turning Basin Capital is a private equity firm with a unique focus on lower-middle market companies providing services and products to the critical infrastructure, energy, health and safety, and environmental protection and compliance market sectors. TBC provides capital and strategic support, working with its partner management teams, to drive growth and long-term value creation. For more information, visit www.turningbasin.com.
About Vigeo Investments
Vigeo Investments is a private family office based in Denver. Vigeo holds a diversified portfolio of operating companies, real estate and other private investments. Vigeo seeks to invest in operating companies via control or minority investments in promising middle market companies primarily across the Industrial, Infrastructure, Business Services and Consumer Products markets. For more information, visit www.vigeoinvest.com.