Press Releases and Articles

September 12, 2019

Cincinnati, OH and Denver, CO  (August 22, 2019) - TSC Apparel (“TSC”) and Ouray Sportswear (“Ouray”) are pleased to announce they have entered into a strategic partnership, which combines TSC’s national reach with Ouray’s premium products and capabilities. An affiliate of CenterGate Capital (“CenterGate”), an Austin-based private equity investment firm, has made an investment in Ouray Sportswear.

This partnership brings together TSC’s national network of 7 warehouses distributing imprintable apparel with Ouray’s well-known brand of customized casual apparel and headwear sold into the resort, collegiate, golf, and specialty retail markets.

“We have known Ouray Sportswear for many years and feel this partnership is a great opportunity to deepen that relationship,” said Dave Klotter, CEO of TSC Apparel. “We are excited to be able to offer our customers Ouray’s premium sportswear brand that will include headwear, fleece, outerwear, tees, and other accessories.” 

Craig Dudley, President of Ou...

February 12, 2019

Lakeland, FL (February 12, 2019) – CenterGate Capital (“CenterGate”), an Austin-based private equity investment firm, announced today that its affiliate has made an investment in Mid-State Industrial Maintenance (“Mid-State”), a leading provider of on-site and off-site industrial maintenance and service solutions.

Established in 1973 and headquartered in Lakeland, Florida, Mid-State serves a wide customer base across the southeastern United States, spanning the chemical processing, phosphate mining, power generation, and building products industries. CEO Jeff Clyne will continue to lead Mid-State and serve on its Board of Directors.

“We are excited about our partnership with CenterGate and what it means for our employees and customers,” commented Clyne. “CenterGate’s investment will provide us the capital and strategic resources to continue to grow our capability set and geographic reach.”

Tim Liu, Managing Director at CenterGate Capital, added, “We are excited to partner with Jeff and th...

December 4, 2018

Portland, OR (November 29, 2018) - CenterGate Capital ("CenterGate"), an Austin-based private equity investment firm, announced today that its affiliate has made an investment in Owen Equipment Company ("Owen"), a leading specialty equipment platform providing critical infrastructure solutions to municipal, utility and commercial customers throughout the western United States.

Headquartered in Portland, Oregon, Owen is a leading equipment dealer of new and pre-owned critical municipal environmental equipment used for sewer maintenance, hydro/vacuum excavation, street cleaning and waste management applications. Owen serves a municipal, governmental, industrial, and commercial customer base across six western states. Owen carries the marquee brands in the industry including Vactor®, HXX®, Elgin®, Heil®, Rigid®, Cues®, and Sonetics®. Owen also performs equipment service and maintenance for its customers at its four branch locations. In addition, Owen maintains one of the industry's largest...

May 10, 2018

Cincinnati, OH (May 8, 2018) - TSC Apparel (“TSC”) further expanded its geographic coverage in the Pacific Northwest with the acquisition of Thinc Actionwear (“Thinc”), an apparel wholesaler located in Portland, Oregon.

Thinc has operated as a promotional apparel supplier based in Portland since 1980. TSC and Thinc both serve the imprinted apparel industry with a focus on superior customer service, strong long-term business relationships, and an extensive product offering.  Thinc’s Portland presence is the ideal complement to TSC’s other six distribution centers, helping to fill out TSC’s one-day footprint in the Northwest.

TSC Apparel CEO Bob Winget stated, “We are excited about the opportunity to serve Thinc’s customer base, and I believe they will also be pleased with everything that TSC has to offer.  Being a local family-owned business for so long, Thinc is perfectly aligned with our ‘large enough to fill your needs, small enough to care’ philosophy.”

Fred Schroedl, President of Thin...

April 9, 2018

Austin, TX (April 9, 2018) – CenterGate Capital (“CenterGate”), an Austin-based private equity investment firm, announced today that Tim Liu has been promoted to Managing Director. Tim joined CenterGate in 2015 as a Principal and will continue to focus on execution of new investments, portfolio company management, and business development.

Tim has over 15 years of middle market private equity investing experience and has invested across a broad range of industries, company sizes, and transaction structures. Prior to joining CenterGate, he worked at H.I.G. Capital, Platinum Equity, and Brentwood Associates, and he has a B.S. in Economics from the Wharton School at the University of Pennsylvania and an M.B.A. from Harvard Business School.

Tiffany Kosch, Managing Director at CenterGate Capital, commented, “Tim has proven himself to be a strong member of the senior team, and we look forward to his ongoing success.”

About CenterGate Capital

CenterGate Capital is a private equity firm that helps...

January 11, 2018

Austin, TX (January 11, 2018) - CenterGate Capital ("CenterGate"), an Austin-based private equity investment firm, announced today that its affiliate has made an investment in AC Photonics ("ACP"), a leading provider of precision optical and fiber optic components and modules designed and engineered to its customers' precise specifications.

Headquartered in Santa Clara, California, ACP designs and engineers its products to its customers' precise specifications, creating photonic solutions across a wide range of fiber optic communication applications. With an industry leading quality control program that delivers high reliability products, its product portfolio includes fiber optic components and modules, both passive and active, fused and/or filter based- all of which are relied on by its customers to enhance their capabilities and improve their network performance.

CEO Arthur Wang, who founded ACP in 1995, will continue to lead the company and serve on its Board of Directors.

"We could n...

October 5, 2017

Austin, TX (October 5, 2017) - CenterGate Capital ("CenterGate"), an Austin-based private equity investment firm, announced today that its affiliate has made an investment in TSC Apparel ("TSC"), an industry-leading distributor of imprintable apparel products and accessories.

Headquartered in Cincinnati, Ohio, TSC is a leading national B2B distributor of imprintable activewear and accessories, stocking and sourcing thousands of styles of tees, fleeces, headwear, sport shirts, outerwear, and accessories. TSC services its customers from its nationwide footprint of strategically located regional distribution centers. CEO Bob Winget, who has been with TSC since 2001, will continue to lead the company and serve on its Board of Directors.

"We are excited about our partnership with CenterGate and what it means for our customers and vendors," commented Winget. "CenterGate's investment will provide the capital and strategic resources to continue to expand our products and mark...

December 15, 2016

Austin, TX (December 15, 2016) - CenterGate Capital Partners, LP ("CenterGate"), a leading private equity firm, announced today the final closing of CenterGate Capital Partners I ("CenterGate Fund I" or the "Fund").  CenterGate Fund I, with $350 million in investor capital commitments, will focus on control investments that transform lower middle market companies in North America.

CenterGate Fund I, which had a $300 million target, is the first institutional private equity fund for the firm and was substantially oversubscribed.

Tiffany Kosch, a CenterGate Managing Director, commented "We are humbled by the support from the investment community across the country for our inaugural Fund. Our investor base includes a mix of premier institutions, including foundations, private pension plans, insurance companies, funds of funds, and family offices."

"Despite strong demand, we proactively kept the size of the fund capped at $350 million so we can adhere to our niche investment strategy" ad...

October 18, 2016

Valencia, CA (October 18, 2016) - Vision Media Management ("Vision") significantly expanded its secure digital capabilities and service offerings with the acquisition of Fordela Corporation ("Fordela"), a proven innovator in cloud-based digital asset management, streaming, and video on demand (VOD) solutions. Fordela's advanced technology and protected software platform complement Vision's digital products by adding enterprise-grade media asset management, screeners, and transactional video storefronts.

The combined Vision and Fordela ecosystem offers an unparalleled secure platform for clients seeking to digitally promote and distribute content and advertisements. Fordela adds demonstrated capabilities to handle complex digital media workflows required for the preparation and delivery of content into critical windows such as direct-to-consumer S/VOD, non-theatrical, and in-flight entertainment. Fordela's platform will further expand on Vision's Conduco portal that clients already emplo...

October 11, 2016

Valencia, CA (October 11, 2016) – Vision Media Management (“Vision”) expanded its digital capabilities and service offerings with the acquisition of Cinema Scene Marketing (“Cinema Scene”) a market leader in digital display networks and related promotional products. Cinema Scene’s complementary products and services are strategically synergistic with Vision’s core offerings. The powerful combination of these two market leaders creates a marketing force for theater lobbies, retailers, conventions, and other forward-thinking out-of-home venues.

The combined Vision and Cinema Scene capabilities will allow its customers including studios and consumer brands to more effectively design, plan, and execute seamless promotional campaigns by utilizing exceptional physical and digital marketing assets. That synergy will foster maximum consumer impact through posters, standees, TrailerVision™ digital kiosks, video and signature walls, digital menu boards, and branded concession items in theater lob...

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