trending Market Intelligence /marketintelligence/en/news-insights/trending/kEveC3TCp3vJKy6pwEwqVg2 content esgSubNav
In This List

Blue Point Capital divests stake in Alco Manufacturing

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition


Blue Point Capital divests stake in Alco Manufacturing

Private equity firm Blue Point Capital Partners LLC sold its stake in Elyria, Ohio-based Alco Manufacturing Corp. LLC for an undisclosed sum.

Alco makes precision turned unleaded steel, brass and aluminum couplings and fittings for various end markets, including agriculture, construction, industrial production, oil-and-gas exploration, forestry, mining, utility and material handling equipment.

Blue Point bought its stake in Alco in 2011 through Blue Point II, its 2006 vintage middle-market buyout fund, as part of an investor group.