St. Louis, MO, February, 2013
Capital For Business, Inc.® (CFB) announced today that it recently completed an investment in Arrow Acquisition, LLC. (d/b/a Arrow Material Handling, AMH).
AMH imports and distributes high quality forks and attachments for all makes and models of forklift trucks, skid steers, and construction equipment. AMH also sells buckets, frames, grapples, shear attachments, work platforms, and boom attachments. Sidney, a sister company of AMH, has developed and sells a line of land clearing tools such as hydraulic tree shears, tree and post pullers, and grapple attachments used on skid steer loaders, tractors and excavators. AMH manufactures these products in their Lenexa, Kansas facility.
CFB partnered with B12 Capital Partners, Diamond States Capital, Kansas Venture Capital and MidStates Capital to acquire AMH. Holly Huels, Senior Vice President, CFB®, commented “We are pleased to add AMH to our family of portfolio companies and we look forward to working with management and our co-investors to grow this business.”