Chicago-based Bounds Equity Partners has acquired Clad-Rex, a vinyl clad steel manufacturer. Headquartered in nearby Franklin Park, IL, its vinyl clad steel and related products are used in commercial roofing and various industrial and consumer products. The platform company is planning to expand its product line through fabricated steel add-on acquisitions in the Chicago area. Middle-market investor Bounds Equity invests in the building materials and services, business services, healthcare products and services, niche distribution and specialty manufacturing industries.
