BACE, a Charlotte, North Carolilna-based manufacturer of balers and compactors, has entered a strategic investment partnership with JAM Capital Partners, a St. Simons Island, Georgia-based private investment firm.
“We are excited to partner with JAM Capital Partners to accelerate BACE’s growth and the development of our revolutionary product line,” says Frederick Waite, BACE co-founder and executive board member. “As we continue to expand our product offerings and capacity, including doubling manufacturing floor space with our move to a new 90,000-square-foot headquarters, JAM Capital Partners will serve as a strategic asset and partner for the company.”
“BACE has established itself over the past eight years as the fastest-growing vertical baler manufacturer in the world,” says Cliff Orr, JAM Capital Partners’ managing director and BACE chairman. “BACE is an innovative firm that is well-positioned to continue its ascendancy in recycling and waste management equipment manufacturing. JAM Capital Partners looks forward to playing a role in its continued growth, and we relish the opportunity to offer capital and strategic assistance in furthering BACE’s expansion.”
Orr singles out BACE’s patent-pending SmartBaler System as a unique feature, which provides more information and reporting to the equipment supplier's users With the automated system, baler operators can learn the exact number of bales produced as well as their weights, which translates into greater recycling and logistical efficiencies, increased revenue and reduced operating costs, according to the company.
BACE is JAM Capital’s first investment in the recycling and waste sector. The company targets growing lower middle market firms for its investments.
“We are excited to partner with JAM Capital Partners to accelerate BACE’s growth and the development of our revolutionary product line,” says Frederick Waite, BACE co-founder and executive board member. “As we continue to expand our product offerings and capacity, including doubling manufacturing floor space with our move to a new 90,000-square-foot headquarters, JAM Capital Partners will serve as a strategic asset and partner for the company.”
“BACE has established itself over the past eight years as the fastest-growing vertical baler manufacturer in the world,” says Cliff Orr, JAM Capital Partners’ managing director and BACE chairman. “BACE is an innovative firm that is well-positioned to continue its ascendancy in recycling and waste management equipment manufacturing. JAM Capital Partners looks forward to playing a role in its continued growth, and we relish the opportunity to offer capital and strategic assistance in furthering BACE’s expansion.”
Orr singles out BACE’s patent-pending SmartBaler System as a unique feature, which provides more information and reporting to the equipment supplier's users With the automated system, baler operators can learn the exact number of bales produced as well as their weights, which translates into greater recycling and logistical efficiencies, increased revenue and reduced operating costs, according to the company.
BACE is JAM Capital’s first investment in the recycling and waste sector. The company targets growing lower middle market firms for its investments.
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