Specialty Distribution

On August 29, 2025, KeyBanc Capital Markets (KBCM) successfully advised United Titanium, Inc. (United Titanium or the Company), on its sale to Riverspan Partners (Riverspan). KBCM was chosen to serve as United Titanium’s Exclusive Sell-Side Advisor based on its industry-leading industrial investment banking franchise, longstanding relationship with the Company and proven M&A execution capabilities.

Founded in 1962 and headquartered in Wooster, Ohio, United Titanium is a leading manufacturer of engineered mission-critical fasteners, fittings and precision components. The Company specializes in hard-to-manufacture alloys including titanium, zirconium, cobalt, nickel, tantalum, nitronic and other specialty alloys. United Titanium serves customers across the defense, electronics, medical, petrochemical, commercial and industrial distribution end markets.

Riverspan is a middle-market private equity firm headquartered in Chicago, Illinois. Founded in 2022, the firm seeks to invest in companies within the chemicals and materials, engineered components, industrial services and manufacturing sectors. The firm is currently investing out of its first institutional fund.

On July 24, 2025, KeyBanc Capital Markets (KBCM) successfully advised Omni Glass & Paint, LLC (Omni or the Company), a portfolio company of Merit Capital Partners (Merit), on its sale to The Sterling Group Foundation Fund (Sterling). KBCM was selected to serve as Omni's Exclusive Sell-Side Advisor based on its industry-leading specialty distribution investment banking practice, long history of transaction success within the glass/window industry, and track record of successful M&A execution.

Omni is a leading provider of a broad range of glass and paint products and services. Founded in 1967, Omni provides custom glass, panels, contract glazing, and specialty coating solutions to general contractors and manufacturers, primarily in Wisconsin. The Company operates through five divisions including Glass, Paint, OEM, Residential, and Tempering. Omni is headquartered in Oshkosh, Wisconsin, and has six facilities throughout the state.

Headquartered in Chicago, Merit is a private equity investment firm with $2.7 billion of capital under management. Founded in 1993, the firm focuses on providing equity and subordinated debt to lower middle market companies. Merit partners with business owners, management teams and independent sponsors to support management buyouts, recapitalizations and growth financings across the manufacturing, distribution and services sectors.

Headquartered in Houston, Texas, The Sterling Group is a leading private equity and private credit investment firm with $9.4 billion of assets under management. Founded in 1982, the firm focuses on lower middle market companies and partners with management teams to strategically and operationally improve businesses operating within basic manufacturing, distribution, and industrial service industries. The Foundation Fund is a 2023 vintage buyout fund with over $635 million of committed capital.

On July 17, 2025, KeyBanc Capital Markets (KBCM) successfully closed on $350 million of Senior Secured Notes due 2030 (the Notes) for ParkOhio Industries, Inc. (ParkOhio, or the Company). Proceeds from the Notes will be used to redeem the outstanding 6.625% Senior Notes due 2027 and pay related fees and expenses. KBCM served as Co-Syndication Agent and Joint Bookrunner due to our deep industry expertise, extensive Debt Capital Markets expertise, and long-term relationship with ParkOhio.

ParkOhio Industries is an international manufacturing company that provides supply chain management outsourcing services, capital equipment used on production lines, and manufactured components for assembly. The Company operates in three business segments including Supply Technologies, Assembly Components, and Engineered Products. ParkOhio’s businesses are exposed to diverse and highly attractive geographic end markets, including the United States, Europe, Asia, Mexico, and Canada.

On April 10, 2024, KeyBanc Capital Markets (KBCM) successfully advised HG Holding Company, LLC (Handgards, or the Company), a portfolio company of Wind Point Partners (WPP), on its sale to Wynnchurch Capital (Wynnchurch).

KBCM was selected to serve as Exclusive Sell-Side Advisor based on its industry-leading specialty distribution investment banking practice, deep industry expertise, extensive financial buyer relationships, relevant transaction experience, and track record of successful M&A execution. This transaction is the third successful sell-side transaction in which KBCM has advised WPP in the past three years.

Based in Texas, Handgards is a leading North American manufacturer and supplier of disposable food safety and hygiene-oriented products for the foodservice industry. The Company sells its product portfolio to an extensive base of broadline distributors, group purchasing organizations, and national foodservice accounts.

Founded in 1984, Wind Point Partners is a leading private equity firm focused on partnering with top-caliber executives to acquire well-positioned middle market businesses to drive maximum value creation. With approximately $7 billion in assets under management, and more than 100 platform companies and 300 add-on acquisitions completed since inception, WPP has a proven expertise within industrial products, business services, and consumer products.

Based in Chicago, Wynnchurch Capital is a leading private equity firm founded in 1999, focused on partnering with middle market businesses to achieve their next stage of growth. With $9.2 billion in regulatory assets under management, Wynnchurch seeks to make equity investments from $50 million to $750 million in companies across the aerospace and defense, building products, consumer, manufacturing, business services, and specialty distribution sectors.