Rushford Manufacturing Partners with Badlands Capital to Continue Growth
July 08 2024 - 12:42PM
Business Wire
Rushford Manufacturing, a highly-engineered metal fabricator of
components, subassemblies, and specialized manufacturing equipment,
announces partnership with Badlands Capital to accelerate growth.
The growth investment closed in May 2024. Members of Rushford’s
senior management are investing alongside Badlands Capital and will
continue to lead Rushford.
Rushford Manufacturing was established in 1985 in Rushford, MN.
Rushford has developed into a machining, design, and metal
fabrication company that works with national and international
companies. Rushford is trusted with both single parts and entire
sub-assemblies, and prides itself on timely and efficient processes
to deliver highly engineered products to its customers.
www.rushfordmfg.com.
“Badlands Capital is excited to partner with the Rushford
Manufacturing management team. Rushford has experienced impressive
growth over the last several years as the company has expanded its
capabilities,” said Blaine Crissman, Managing Partner, Badlands
Capital. “We look forward to helping the company continue to scale
while honoring Rushford’s long-standing commitment to the quality
manufacturing of complex components.”
Badlands Capital specializes in supporting management teams
growing their business. Badlands Capital provides capital,
guidance, and strategic resources to the people and companies in
which they invest, with the goal of creating a true
partnership.
Ballard Spahr served as legal advisors to Badlands Capital, and
Eide Bailly served as an accounting advisor. Dacotah Bank provided
the senior debt financing.
About Badlands Capital
Badlands Capital, headquartered in Sioux Falls, South Dakota
with offices in Fargo, North Dakota, invests debt and equity in
lower middle-market companies. For more than 20 years, the Badlands
team has been partnering with founders, families, and exceptional
management teams to support the growth of their companies. More
information about Badlands Capital can be found at
www.badlands.capital.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240708362401/en/
Blaine Crissman, 605.553.6032, bcrissman@badlands.capital