Portfolio
Investing Experience
- We have invested in over 150 direct deals, 50 funds and have deployed over $500 million of capital
- We have experience in buyouts, venture capital, growth equity and real estate development
- We have grown three platforms through a combination of buyouts, mergers, public company carve-outs, de novo businesses and growth capex.
We are currently seeking a fourth platform business with investment criteria of:
- Experienced management remaining in place
- EBITDA of $3 to $8 million
- Opportunity to deploy additional capital
Portfolio Companies
Gas Field Services
Timberline acquired Gas Field Services in 2016. Gas Field Services provides safe, compliant, and dependable services to all facets and all regions of the Appalachian oil and gas industry. Since 2016 the company has acquired Ryan Environmental, CS Trucking and Equipment Transport. Gas Field Services has also developed and financed a saltwater disposal well. Under Timberline’s management the company has grown from $14 million to $100 million in revenue.
For more information, visit www.gasfieldsvc.com.
Spray Equipment & Service Center
Spray Equipment & Service Center has been providing industrial finishing solutions to thousands of North American businesses for more than 50 years. The company consists of nine parts and service centers in North America, two advanced SprayLab testing facilities, repair technicians across the country and an industry-leading inventory of parts. They service what they sell.
Timberline acquired Dudley C. Jackson LLC in 2013. In 2019 Dudley C. Jackson and Spray Equipment merged with Timberline providing the financing. Since 2019 the company has acquired Paint Related Products (PRP) and Springer Industrial Equipment.
Under Timberline’s management the business has grown from $9 million in revenue to $100 million.
For more information, visit www.sprayequipment.com.
Culver’s®
Culver’s® is a family-favorite restaurant known for their local ButterBurgers, Fresh Frozen Custard & Wisconsin Cheese Curds. Timberline sponsored an operator to bring two Culvers franchises to the greater Birmingham area. Our first store opened in June 2019 and the second store in March 2022. The business has grown from zero to $5 million in revenue and we intend to continue to expand the operation.
For more information, visit www.culvers.com.