HUDSON, OHIO - Kaulig Capital announced the acquisition of Torsion Group Corporation (“TGC”), a vertically integrated manufacturer and distributor of garage door parts and accessories based in Strongsville, Ohio. TGC was acquired from MCM Capital Partners, a Cleveland-based lower-middle market private equity fund.
TGC is a multi-brand, multi-channel platform serving OEMs, installers, dealers, and end-users. The Company manufactures weather seal and window system products specific to the garage door industry, operating out of a 60,000 sq. ft. manufacturing facility in Evansville, Indiana. During MCM’s ownership, TGC added rubber extrusion, injection molding, thermoforming and robotic automation to its manufacturing capabilities.
Through TGC’s aftermarket distribution platform, the Company’s expansive portfolio of parts and accessories offers “Every Part for Every Door”, solidifying the Company as a one stop shop for overhead door solutions. TGC’s distribution model and national footprint allow for 2-day delivery to most aftermarket dealers and installers. The Company provides best-in-class lead time and product fulfillment through its national distribution footprint comprised of a 70,000 sq. ft. headquarters in Strongsville, OH and additional facilities in Atlanta, GA; Phoenix, AZ; and Milwaukee, WI.
TGC also serves the DIY market through North Shore Commercial Door (“NSCD”), an online retailer of garage door parts and accessories, which was acquired by TGC in 2019. NSCD provides an additional sales channel with significant cross-selling opportunities with its existing aftermarket distribution strategy. TGC is also able to leverage the feedback it receives directly from end users to supercharge innovation that benefits all its customers.