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The small bay industrial real estate market is highly fragmented, and more deals are expected in this space as institutional capital takes note of its strong fundamentals.
Investcorp initially evaluated RESA in 2016 but declined to invest because it determined the company lacked the people, platforms and processes at the time required to scale.
Fund IV will continue the firm’s strategy of partnering with founders and management teams at U.S. lower middle-market industrial services and business services companies.
Resodyn designs, manufactures and sells ResonantAcoustic Mixing systems to customers across aerospace and defense, pharmaceuticals, chemicals, additive manufacturing, battery and energy storage, industrial and R&D markets.