Silverhawk Capital Partners

Founded in 1876, Hodge is a leading producer of large‐sized highly engineered gray and ductile iron castings. Hodge’s castings are primarily used in power generation, including parts for the wind turbine industry and coal pulverizers for electric power generation, and in mining and minerals processing. Hodge specializes in the production of large, heavy section iron castings weighing 3,000 to 200,000 pounds. Key members of Hodge’s senior management team, including Joe Simko, President and General Manager, and Mike Forsha, Vice President of Operations, will continue to serve the Company in their present capacities.

 

Elyria is an industry leader in the production of complex, highly cored gray and ductile iron castings ranging from 50 to 50,000 pounds. The majority of Elyria’s castings are used in energy end‐markets such as natural gas compression for drilling and gathering, and power generation. Elyria also supplies castings to the wind turbine and mining industries; the acquisition of Hodge will enable it to expand its presence in these industries. Although the companies will continue to operate independently on a day‐to‐day basis, the acquisition of Hodge makes Elyria a dominant supplier of castings to North American energy industries.

Silverhawk Capital Partners is an independent investment firm established in 2005 to investment in middle market transactions within the Growth Industrial, Energy/Natural Resources and Business Service sectors. Silverhawk typically invests between $10 million and $50 million of equity capital in growth oriented businesses with revenues ranging from $25 million to $250 million. Silverhawk is currently investing its $145 million debut fund. Silverhawk has offices in Greenwich, Connecticut and Charlotte, North Carolina.