Middle market private equity firm Wynnchurch Capital, based in Rosemont, Illinois, recently made an equity investment in Gypsum Technologies Inc., which produces machinery and systems for the wallboard industry.
Based in Burlington, Ontario, Canada, Gyptech manufactures turn-key solutions for automated gypsum board plants that convert raw gypsum into high-quality finished wallboard.
"With the support of Wynnchurch Capital, Gyptech is well positioned to succeed on our strategic growth plan, and continue to deliver innovative and unique solutions to help our customers grow," Gary Murray, Gyptech's CEO, said.
He added the investment will help the firm grow globally.
Frank Hayes, partner at Wynnchurch, agreed that Gyptech is on a growth path.
"Gyptech represents another investment by Wynnchurch Capital into the building products space, for which we believe the near and long term fundamentals are quite attractive," he said.
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