Miller Johnson Advises Altus Capital Partners on Investment in ALM Positioners, Inc.
The Transaction
Miller Johnson is proud to have served as legal counsel to Altus Capital Partners in its recent investment in ALM Positioners, Inc., a leading manufacturer of automated positioning equipment based in Rock Island, Illinois. This strategic investment, completed in partnership with Centerfield Capital Partners and ALM’s senior leadership team, marks a significant addition to Altus’s portfolio of U.S.-based manufacturing companies.
The acquisition aligns with Altus Capital Partners’ strategy to invest in middle-market niche manufacturing businesses that demonstrate strong growth potential and industry leadership. ALM Positioners’ innovative solutions enhance safety, efficiency, and productivity in manufacturing processes, making it a valuable addition to Altus’s portfolio.
Greg Greenberg, Founder and Senior Partner at Altus Capital Partners, stated “Altus Capital had an excellent experience with Miller Johnson’s legal services, not just in regard to the legal terms and proper documentation, but additionally, the excellent perspectives offered up on business solutions.”
We congratulate Altus Capital Partners, Centerfield Capital Partners, and ALM Positioners on this successful transaction and look forward to supporting their continued growth and success.
Miller Johnson’s team was led by Michael Penny (M&A) and included Dustin Daniels (M&A), Loïc Dimithe (M&A), Joseph Inzano (M&A), Alex Kaminski (M&A), Neil Williams (Tax), and Austin Koltonowski (Tax).
Altus Capital Partners
Altus Capital Partners is a private equity firm focused exclusively on investing in U.S.-based niche manufacturing companies. Founded in 2003, the firm partners with lower middle-market businesses to drive growth and operational excellence. Altus takes a disciplined, long-term approach and works closely with management teams to create value.
ALM Positioners, Inc.
ALM Positioners designs and manufactures intelligent positioning equipment for industrial applications. Their systems improve safety, productivity, and ergonomics by enabling precise handling of large parts during welding and assembly. ALM serves sectors including defense, aerospace, construction, and energy. The company is known for its innovative custom and standard positioning solutions that streamline manufacturing processes.
Miller Johnson’s Mergers and Acquisitions Group
Miller Johnson’s M&A practice group collaborates with clients and their advisors to structure, negotiate and close deals and to navigate the challenges that can arise in mergers, acquisitions, dispositions and other business combination or investment transactions.
Miller Johnson is top listed for mergers and acquisitions with U.S. News & World Report’s Best Law Firms and is ranked by Chambers USA. At The M&A Advisor’s national awards and the ACG M&A Deals and Dealmakers regional awards, our attorneys are consistently involved in deals honored as winners and finalists. For further information, please contact Dustin Daniels at (616) 831-1737.