Transactions & News

The Bottom Line: NewSpring Invests in Braner USA

NewSpring, a family of private equity strategies, today announced that NewSpring Mezzanine, the Firm’s dedicated private credit strategy, has invested subordinated debt and equity to finance the acquisition of Braner USA Inc. (Braner) alongside Holleway Capital Partners and Aldine Capital Partners.

Braner is a leading provider of rolled coil processing and automated coil handling systems

Based in Chicago, IL, Braner designs, engineers, and produces high-performance flat rolled metal coil processing and automated metal coil handling systems. More than 1,000 Braner processing systems are in operation today serving metal service centers and original equipment manufacturers around the world.

Braner is known among its customers for its high level of coil expertise

Braner’s core strength lies in its experience, know-how, and dedication to performance, product quality, and production efficiency. Braner’s engineers, designers, technicians, and trade craftsmen possess decades of experience and an obsessive focus on the ultimate satisfaction of its coil system equipment users.

The company is well positioned for future growth as steel production expands

Braner is the market leader in coil processing systems, an industry with very high barriers to entry. The company has benefitted from expansion in the U.S. auto industry and growth in urban populations, two factors leading to an increase in domestic steel production and demand for coil handling equipment. Braner also faces a massive opportunity to grow its customer base through new products and services and international sales opportunities.

“Braner’s customers return time and time again due to the company’s industry-leading expertise and willingness to go above and beyond to meet their clients’ unique needs. With plenty of room for expansion both domestically and internationally, we’re excited to work with Doug and his leadership team to unlock new levels of growth for this business.”
— NewSpring General Partner, Steve Hobman

Braner is led by an experienced and growth-oriented leadership team

Braner CEO Doug Matsunaga is an innovative business leader who has decades of experience in this industry. He is supported by a highly skilled senior management team with deep expertise in coil processing and handling.

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