Articles from Rainier Partners

Rainier Partners and its portfolio company, SCI Flooring (“SCI”), are pleased to announce the platform’s third add-on acquisition, Flooring Partners. The investment solidifies the company’s position as a leading flooring provider in the Midwest and expands operations to the East Coast.

Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce its investment in Welfare & Pension Administration Service (“WPAS”), a third-party administration (TPA) firm specializing in multi-employer benefit plan administration.

Rainier Partners, a private equity firm investing in lower middle-market services businesses, and its portfolio company Omega Fitness are pleased to announce the acquisition of 21 gyms in Wisconsin from MDS Fitness. Along with additional tuck-ins and new gym openings, this acquisition adds to Omega’s position as the fastest-growing Anytime Fitness franchisee in the U.S.

Rainier Partners and its portfolio company, SCI Flooring (“SCI”), are pleased to announce the platform’s second add-on acquisition, Carpetbaggers, Inc.

Rainier Partners and its portfolio company, SCI Flooring (“SCI”), are pleased to announce the addition of United Carpet to the firm’s flooring platform. United Carpet is a full-service floor covering provider serving customers in the multi-family, commercial, and residential markets.

Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce its acquisition of Omega Fitness, a preeminent Anytime Fitness franchisee formed by the combination of businesses built by two franchise operators, Andy Gundlach and Russ Allen.

Rainier Partners, a private equity firm investing in lower middle-market services businesses, is pleased to announce its investment in SCI Flooring (“SCI”), a leading full-service floor covering services provider serving property managers and owners across the Midwest with the opportunity to expand market share in a growing, fragmented industry.

Rainier Partners, a private equity firm investing in lower middle-market services businesses, announced today that it has completed fundraising for Rainier Partners Fund I at its hard cap of $300 million, in excess of its $250 million target. The fund’s limited partners include foundations, global asset managers, insurance companies, pension plans, family offices, and high-net-worth individuals.

Wilmar, LLC and Rainier Partners are pleased to announce the appointment of Ken Hartman to Chief Executive Officer. Wilmar is a leading supplier, distributor, and category manager of tools and equipment to the automotive aftermarket and other industries. The company partnered with Rainier Partners in late 2021.

Pet Food Express and Rainier Partners are pleased to announce the appointment of retail executive Denyelle Bruno as Chief Executive Officer of Pet Food Express, an omnichannel pet retailer that sells healthy pet foods, goods, and services from over 60 locations throughout California. The company partnered with Rainier Partners earlier this year.

Rainier Partners, a Seattle-based, lower-middle-market private equity firm, is pleased to announce its investment in Pet Food Express (“PFE”), a fast-growing, omnichannel pet retailer that sells healthy pet foods, goods, and services from over 60 retail locations throughout California. Rainier’s investment will support PFE in expanding its reach to help pets and their owners live happier, healthier lives together.

Rainier Partners today announced an investment in Wilmar Corporation and its subsidiaries (“Wilmar” or “the Company”). Headquartered in Kent, WA, Wilmar is a leading supplier, distributor, and category manager of tools and equipment to the automotive aftermarket and other industries. Rainier’s investment will help accelerate Wilmar’s growth in additional product categories, end markets, and geographies, while preserving the Company’s unique culture and customer focus.

Rainier Partners (“Rainier”), a private equity firm based in Seattle, WA, today announced the acquisition of JS Ag Packaging (“JS Ag”) by Calpine Containers (“Calpine”), a Rainier portfolio company. Headquartered in Bakersfield, CA, JS Ag provides packaging distribution, labeling, and design services primarily to agricultural customers throughout California. Calpine is one of the largest West Coast packaging distributors serving the agriculture industry.

Rainier Partners announced it has acquired Calpine Containers, Inc., and its subsidiaries (“Calpine” or “the Company”) in partnership with members of the Company’s management team. Headquartered in Clovis, CA, Calpine is one of the largest West Coast packaging distributors serving the agriculture industry. Rainier’s investment will accelerate Calpine’s growth while maintaining its focus on quality, reliability, and customer service.