/ Sept, 1 2022 / Calibre Group, a middle-market Industrial-focused private equity fund, is excited to announce the hiring of two team members to support the firm’s continued growth. Josh Cunningham is joining the firm as the Head of Business Development and Eryk Stunda is joining the firm as an Analyst.
/ May 17, 2019 / For Release - May 15, 2019 Calibre Group Divests Stake in Material Sciences Corporation Calibre Group, an Industrials-focused merchant bank, announced today that it has sold its remaining stake in Material Sciences Corp. ("MSC") to Sky Island Capital. Terms of the transaction were not disclosed. “We thoroughly enjoyed supporting the MSC management team and employees in growing the business,” said Jim Tumulty, founder and CEO of Calibre Group.
/ Nov 15, 2017 / Calibre is pleased to announce its investment in Specialty Steel Works, Inc. (“SSW”), one of N. America’s leading independent manufacturers of specialty steel products. Operating through its three wholly-owned subsidiaries, Michigan Seamless Tube & Pipe, Niagara LaSalle and Corey Steel, the company produces highly engineered seamless cold drawn pipe and tube, and cold finished steel bars and flats. Calibre closed its purchase of a minority position in the debt and equity of exit financing following the predecessor’s Ch. 11 bankruptcy.
/ Jan 3, 2017 / Calibre is pleased to announce its investment in Material Sciences Corporation (“MSC”), a leading provider of material-based solutions for acoustical, lightweighting and coating applications. Calibre closed its purchase of a minority position in the management sponsored buyout of the company.
The MSC investment fits perfectly with Calibre since we have extensive experience with the Company going back many years and James Tumulty has joined the board of directors at MSC. We are thrilled to have it as a portfolio investment. We look forward to working with our partners on the management team to help the company thrive and grow.
/ Nov 24, 2014 / Calibre Group, LLC (“Calibre”) is pleased to announce its first proprietary investment in Miami Valley Steel Service (“Miami Valley”), an independent, western Ohio based flatrolled steel service center. Calibre closed the equity purchase alongside management and existing shareholders. “The Miami Valley investment fits perfectly with Calibre since we have extensive experience with the Company going back over nine years. We are thrilled to have it as our first portfolio investment. We look forward to working with our partners on the management team to help the company thrive and grow.”
/ Jan 7, 2014 / NEW YORK — James "Jim" Tumulty, a veteran investment banker with a track record in metals and manufacturing, and key members of the team he led at Seaport Group LLC have united to form Calibre Group LLC, a private equity fund that will provide merchant banking services to the "Rust Belt" manufacturing sector.
/ Jan 6, 2014 / PITTSBURGH — Calibre Group will be led by Jim Tumulty and will provide advisory and proprietary capital solutions to companies in the metals, paper, container, manufacturing and energy sectors. Our focus is on industry groups where we have deep operational experience, especially those with unionized workforces or complicated financial or operational issues. Calibre will bring the hands-on, bottom-up approach to finding solutions for its clients that people have come to expect from Jim, Ed Siegel and their team.
707 GRANT STREET, SUITE 2320, PITTSBURGH, PA 15219
The information contained herein (the “Information”) is solely intended for informational and discussion purposes. It is based on information generally available to the public. Calibre Group, LLC (“Calibre”) shall have no liability whatsoever, for any direct or consequential loss arising from any use of the Information or for any representations (express or implied) contained in or for any omissions from this Information.
By accepting this Information, the recipient agrees: not to distribute or reproduce this Information, in whole or in part, at any time, without the prior written consent of Calibre. Calibre accepts no liability whatsoever for the actions of third parties with respect to any re-distribution of the Information.
Calibre, its affiliates, directors, officers and employees may have an investment banking or other relationship with some or all of the COMPANIES mentioned herein and may trade in any of the securities or financial instruments mentioned herein either for their own accounts or the accounts of their AFFILIATES. Accordingly, the entities constituting Calibre, its affiliates, directors, officers and employees may at any time have a long or short position in any such security or financial instrument or option thereon. This material is not, and under no circumstances should be construed as, a solicitation to act as a securities broker or dealer in any jurisdiction by any person or company that is not legally permitted to carry on the business of a securities broker or dealer in that jurisdiction. This material is general and broad insofar as it does not have regard to the particular circumstances or needs of any specific person who may read it. Recipients should not regard this as a substitute for the exercise of their own judgment. Any U.S. recipient here of that wishes further information regarding, or to effect any transaction in, any security that may have been discussed herein, should contact Calibre.
© 2022 Calibre Group LLC - All Rights Reserved.