American Securities celebrates its 30th anniversary in 2024. As we mark the end of our third decade as a firm, we are grateful to the people who make American Securities possible, from our colleagues to our investors to our portfolio companies’ management teams.

In reflecting on this milestone, we are proud of the results we have delivered to investors throughout our history and will continue focusing on finding value creation opportunities at our portfolio companies, seeking new and differentiated investment opportunities, and returning capital to our investors in 2024 and beyond.


Liquidity Events

Executed or signed 12 liquidity events and distributed
$2.8 billion to investors

Company Sales

Leading producer and supplier of value-added ingredients to human and animal nutrition markets

Sale to Financial Sponsor
February 2023

A global industry leader in highly engineered medical components and instruments and a division of MW Industries

Sale to Strategic Acquiror
December 2023

Public Markets & Preferred Transactions

Leading contractor to the U.S. federal government and select allied national governments

Reverse Morris Trust Announced November 2023 1

Leading global supplier of innovative, highly engineered process equipment to the global food, industrial, and renewable energy industries

Preferred Investment Signed
December 2023

Dividends

Leading specialty building products distributor of wallboard, suspended ceiling systems, metal framing, and complementary products in North America

Dividend
June 2023

Leading global supplier of innovative, highly engineered process equipment to the global food, industrial, and renewable energy industries

Dividend
September 2023

Leading global supplier of engineered process equipment to the animal feed, oilseed processing, extrusion, and thermal processing markets

Dividend
September 2023

Share Sales

Leading independent designer and manufacturer of school buses

Share Sales
June, September & December 2023

Leading provider of premium PDC drill bits and downhole tools for the oil and gas industry

Share Sales Following
Company Sale
October & November 2023

Investment Activity

~$1
Billion
Committed
Capital

1
New
Platform
Acquisition

30+
Add-On Acquisitions

New Investment

Explore Our
2023 Investment

Leading specialty distributor to contractors and facility maintenance professionals throughout the U.S. and Canada

Invested in October 2023

Portfolio Company Activity

Capital Markets

15
Capital Markets Transactions

$6.5+
BILLION
Aggregate Debt Refinanced or Issued

Value Creation Initiatives

Our Resources Group is dedicated to supporting projects which American Securities believes are critical to driving long term value and EBITDA and/or margin growth, including cost savings initiatives

$100+
Million
Procurement Savings

$370
Million
Productivity
Savings

25+
Human Capital Roles Filled

Firm Updates

Awards & Certifications

We are proud to be recognized by the below organizations and believe external recognition enables continued transaction success & internal team development

Certified as a Great Place to Work® for the second year in a row with 93% of our colleagues saying that American Securities is a great place to work 2

#5 on GrowthCap’s list of Top Private Equity Firms
Selected based on reputation among CEOs, LPs, and GPs and evaluation of firm culture, support of portfolio companies, firm growth and performance, among other factors 3

1 of 8 firms recognized in Mergers & Acquisitions’ inaugural Best Places to Work in Private Equity Award 4
Cited for our strong track record of growing and promoting talent from within

1 of 218 firms recognized as “Founder-Friendly Investors,” an annual list of investment firms committed to supporting founder-led companies 5

ESG

Throughout 2023, American Securities has demonstrated continued progress on ESG, including joining two industry initiatives

In November 2023, American Securities became a signatory of the UN-supported Principles of Responsible Investment

Our commitment reflects the Firm’s focus on acting as a responsible corporate citizen with the aim of driving value creation and risk reduction

In April 2023, American Securities became a General Partner member of the ESG Data Convergence Initiative

These metrics inform each portfolio company’s strategic ESG priorities and value creation opportunities

Since 2011, we have published annual updates on the programs and impacts the Firm is having in its community. To share more detail on initiatives and progress related to ESG and DEI, please see our latest Citizenship Report

2022 Citizenship Report

Hear from Our Team

Learn more about our investments and the markets in which we invest

Masters in Business: Michael Fisch

American Securities Deals Uncovered: “A Different and Special Model:” Milk Specialties Global

Industrials: Not So Sleepy After All

Off-duty: American Securities’ Michael Fisch

Looking Ahead to 2024

Our mission is to generate superior returns by making investments in great businesses and helping existing management better them. Visit our website to see our values, review our investment philosophy, and learn more about our portfolio companies.

We look forward to our continued partnership in 2024.