Hobby-Lobby logo

Hobby-Lobby International, Inc.

Management Buyout of Owner

Hobby Lobby is a leading distributor and retailer of model airplanes, helicopters, boats and accessories. The company was founded in 1964 and is located in Brentwood, Tennessee. Hobby Lobby sells its merchandise over the Internet, through mail-order catalogs, walk-in traffic and other smaller hobby shops.

Gammaloy Holdings logo

Gammaloy Holdings, L.P.

Management Buyout of Retiring Owner

Gammaloy Holdings, L.P. primarily rents non-magnetic drill collars, subs and stabilizers to directional and horizontal drilling companies, oil and gas companies, and non-conventional users, such as river and utility crossing companies. Gammaloy also has machine shops, which support operations as well as perform work for other oil service companies. Additionally, the company rents steel stabilizers and subs plus provides inspection services for all down-hole drilling tools and equipment. Gammaloy was initially founded in 1952 as National Directional Service Company with the purpose of distributing non-magnetic drill collars for the National Supply Company. In 1955, the Cree family purchased the company and changed its name to Gammaloy, Ltd.  Gammaloy is based in Houston, Texas.

Wearwell logo

Tennessee Mat Company, Inc.

Family Succession Buyout

Located in Nashville, Tennessee, and founded in 1950, Tennessee Mat Company manufactures commercial matting products — everything from entrance mats to anti-fatigue products to wheel chocks. In the fifty years since its inception, Tennessee Mat Company has significantly contributed to the advancement of matting technology and was the first to introduce anti-fatigue matting in 1963.

Hackett Precision Company logo

Hackett Precision Company

Management Buyout of Corporate Spin-Off

Hackett Precision Company (“HPC”) was established in 1960 as a tooling and special machinery builder in Nashville, Tennessee. In June 1989, GCA and HPC management purchased HPC from Gleason Corporation. HPC’s niche since its founding has been to provide top quality and on time deliveries. HPC has built on this track record and progressively grown its manufacturing operations. The services HPC performs, be it furnishing small replacement parts or complex robotics, have made it as diversified as its customers’ requirements.

Cumberland Optical Company, Inc. logo

Cumberland Optical Company, Inc.

Management Buyout of Retiring Owner

Founded in 1959, Cumberland Optical, Inc. is middle Tennessee’s largest independently owned full service optical lab. The company grinds, tints and coats eyeglass lenses as well as distributes eyeglass frames to individually owned and operated ophthalmologist and optometrist offices. The company primarily serves the area within a 400-mile radius of Nashville, Tennessee, Kentucky, Mississippi, Arkansas, North Carolina, South Carolina, Georgia, Florida and Alabama.

Dayton Parts Holdings, L.L.C. logo

Dayton Parts Holdings, L.L.C.

Management Buyout of Public Division Spin-Off

Dayton Parts is a leading manufacturer and distributor of heavy-duty truck and trailer replacement parts. The company manufactures aftermarket leaf springs and is a full-line distributor of heavy-duty undercarriage replacement parts, such as springs, brake and wheel-end suspensions, and steering components. Dayton was founded in 1922 and is headquartered in Harrisburg, Pennsylvania.

EFT Source, Inc. logo

EFT Source, Inc.

Management Buyout of Retiring Owners

EFT Source, Inc. was established in 1986 and is based in Nashville, Tennessee. EFT personalizes plastic cards, primarily financial institution debit cards. The company’s services include card graphics design, printing, encoding, embossing, and data processing services related to plastic card management and issuance. EFT primarily targets small to medium sized financial institutions.

S&K Associates, Inc.

Add-On Acquisition for EFT Source

S&K Associates is located near Boston, Massachusetts, and has been in business since 1979. The company performs card conversion work for financial institutions as well as embosses ATM cards and debit cards. EFT has been a vendor to S&K for a number of years providing services relating to debit cards. This acquisition provides EFT with New England presence as well as an entrance into the card conversion business.

narcoteNarcote, L.L.C. logo

Narcote, L.L.C.

Management Buyout of Corporate Spin-Off

Located in Piney Flats, Tennessee, Narcote L.L.C. coats and laminates a variety of fabrics such as cotton, polyester, nylon and rayon. These fabrics are used in various end user markets including allergy bedding protection, infant bibs, outerwear, and incontinent items. Narcote was created in 1955 as a division of North American Rayon to treat knitted rayon with polyvinyl chloride (PVC). Narcote coats and laminates for a variety of customers on a commission basis as well as offers a complete line of finished barrier fabrics.

Ouimet Industries, Inc. logo

Ouimet Industries, Inc.

Management Buyout of Absentee Owner

Ouimet Industries, Inc. (“Ouimet”) was formed in Massachusetts in 1940 by Emil Ouimet to produce leather shoe trim products for the footwear industry. The Nashville, Tennessee, operations were commenced in the late 1940’s. By 1989 the manufacturing operations in Massachusetts had been fully relocated to Nashville. Ouimet has expanded its product lines and customer base and today manufactures and sells vinyl and canvas material to the medical, shoe, belt, bookbinding, and small leather products industries. Products are sold in rolls of various thickness, colors, and patterns to companies manufacturing knee braces, footpads, canvas sneakers, boots, notebooks, and other items.