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Before Longroad’s ownership, HOP was in financial distress due to an over-leveraged balance sheet. Longroad invested substantial equity capital which deleveraged our balance sheet, stabilizing the business and allowing the company to substantially increase its profitability. Besides financial support, the Longroad management team has provided invaluable input in our strategic planning process as well as providing operational support of the business. Today we have one of the strongest balance sheets in our industry and with Longroad’s assistance we are poised for continued growth.
Mike Anton – CEO of HOP Energy, Inc.
Longroad adds a huge reservoir of strategic resources and intellectual capital to its portfolio mix. At Aluma Systems, Longroad offered Board leadership and quarterbacked an essential refinancing to allow growth capital redeployment. The emphasis on growth strategy allowed Aluma to outpace its competitors in the highly sought after Alberta Oil Sands market, resulting in substantially higher operating margins and dominant market share.
James Demetrius – CEO of Aluma Systems, Inc.
Longroad’s leadership team, provided visionary guidance in developing Wakefield Solutions as a market leader. The financial strength Longroad represents was a key element in securing new business with strategic global OEM accounts that we targeted. Longroad has also been the prime facilitator of the acquisition strategies that have greatly bolstered our core business footprint. Longroad definitely is our partner in driving profitable growth.
Wayne Frerichs – CEO of Wakefield Solutions, Inc.
Longroad did more for our company in the first two months of its ownership than the previous owner had done in the last two years. Longroad rapidly led initiatives that allowed us to rationalize our manufacturing process and reduce energy, insurance and technology costs. Before Longroad’s ownership Hurd produced an exceptional product, but the company was plagued by excessive debt and lack of business direction. The unique combination of capital, operating and financial expertise that Longroad brought to Hurd breathed new life into our company -- winning back the confidence of our employees, our customers, and our worldwide distribution network.
Dominic Truniger – President of Hurd Windows & Doors
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