GreyLion Partners makes platform investment in Tanis Brush
The Delafield, Wisconsin, manufacturer supplies custom-engineered and stock brushes for precision cleaning, surface conditioning and material handling across regulated and industrial end markets.
In specialized industrial manufacturing, GreyLion Partners has made a platform investment in Tanis Brush, a Delafield, Wisconsin-based maker of custom-engineered and stock industrial and abrasive brushes.
The company supplies products used for precision cleaning, surface conditioning and material handling across medical, data center, food and beverage, automotive, aerospace and defense, construction, oil and gas, and other industrial markets.
Tanis Brush has been manufacturing and supplying brush products for nearly 40 years.
Its catalog includes standard and tailored brush solutions used in production, maintenance and material movement applications, with use cases tied to both regulated and general industrial environments.
The mix gives customers both application-specific brush design and stock options for production and maintenance settings.
GreyLion Partners is making the investment as its first institutional partnership with the company.
The capital is intended to support system and process upgrades, additional product offerings in new and existing markets, organic growth and potential add-on acquisitions.
Tanis Brush will continue to operate from its Delafield headquarters under the current management team, led by President and CEO Nick Mallinger.
GreyLion Partners targets lower middle-market companies in services and specialized industrial and manufacturing, with typical equity checks of $25 million to $125 million and roughly $2.0 billion of aggregate fund commitments.