Queen Saenz + Schutz PLLC represented Blue Sage Capital in its recently completed acquisition of Iowa-based All-State Industries, Inc. (All-State), a leading manufacturer of non-metallic components used by original equipment manufacturers across a range of end markets.
All-State has more than 350,000 square feet of manufacturing space in its facilities in Iowa, Illinois, Texas and Indiana. As part of the firm’s role in the transaction, QS+S also advised on a new senior credit facility with Comerica Bank to finance the acquisition and support All-State’s continuing growth.
This is the ninth and final platform investment from Blue Sage Capital II, LP and the first platform investment from Blue Sage Capital III, LP. Notably, QS+S attorneys advised Blue Sage Capital on all nine platform investments from Blue Sage Capital II, LP. More information on Blue Sage, All-State and the transaction may be found here.