SALT CREEK CAPITAL ACQUIRES ENDURAL, LLC
Los Angeles, California (September 13, 2021) – Salt Creek Capital is pleased to announce the acquisition of Endural, LLC (“Endural” or the “Company”), a leading designer and manufacturer of thermoformed material handling containers. Founded in 1960 and headquartered in Costa Mesa, California, Endural manufactures a broad range of proprietary material handling containers specifically designed to offer maximum protection during the transportation of large industrial items. The Company’s reusable transportation cases provide an environmentally friendly alternative to cardboard-based alternatives that cannot be stacked or easily handled using a forklift.
Jeff Pyle, incoming CEO, commented, “This is a terrific outcome for our company, customers, partners and workforce. Endural’s management team looks forward to working with Salt Creek to expand production capabilities, launch new products, and add customer support staff to better meet the growing demand for our transportation cases.
Sue Williams, VP of Sales, stated “Endural has a long history of providing highly engineered shipping containers to the engine and transmission remanufacturing industry. Our customers know they can rely on us to design and manufacture technically challenging thermoformed products. We are delighted to be partnering with Salt Creek to accelerate our expansion into new markets and geographies.”
Seb Cervinka, Managing Director of Salt Creek Capital, added, "Endural is a terrific fit for our investment thesis of partnering with exceptional operators to acquire niche manufacturing companies. The Company is well-positioned to leverage its technical expertise to expand into new end markets.”
About Endural Headquartered in Southern California, Endural is a leading provider of thermoformed material handling containers predominantly sold to engine and transmission remanufacturers. Endural designs and manufactures over 300 proprietary material handling containers manufactured from high-density polyethylene. For more information, please visit www.endural.com.
About Salt Creek Capital Salt Creek Capital is a private equity firm that partners with experienced operating executives to acquire profitable companies with up to $50 million in revenue. Salt Creek Capital takes a long-term approach to investing in lower middle market businesses and seeks to create value by working closely with management teams to accelerate growth and improve operating efficiencies. For more information, please contact Tyler Romrell at tyler@saltcreekcap.com or visit www.saltcreekcap.com.
