--- title: "Allredi, Backed by Capstreet and Ridgemont, Adds Robert Case as CEO" description: "Houston, TX, April 19, 2022, Allredi (or “the Company”), a North American distributor of surface preparation, abrasives, and safety products to industrial..." url: https://capstreet.multisites.ai/news/allredi-backed-by-capstreet-and-ridgemont-adds-robert-case-as-ceo publisher: Capstreet phone: +1-713-332-2700 contact: https://capstreet.multisites.ai/contact --- # Allredi, Backed by Capstreet and Ridgemont, Adds Robert Case as CEO Industrial servicesPublished April 19, 20223 min read ![Capstreet team members at Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_Z23gxjt.webp) Houston, TX, April 19, 2022 – Allredi (or “the Company”), a North American distributor of surface preparation, abrasives, and safety products to industrial contractors, announced today that Robert M. Case has joined the Company as CEO. Allredi is backed by the Capstreet Group (“Capstreet”), a Houston-based lower middle market private equity firm, and Ridgemont Equity Partners, a middle market private equity firm based in Charlotte, NC. Mr. Case brings 25 years of experience in the industrial distribution industry, holding various senior executive roles spanning sales, marketing, general management, and operations. Prior to joining Allredi, he was Senior Vice President / General Manager at Distribution International. Before that, Mr. Case spent 15 years at global electrical distributor Rexel USA, where he served in a variety of successive positions, most recently as Vice President of the U.S. Oil and Gas business. Mr. Case holds a degree in Electrical Engineering Technology from Clemson University and has attended advanced business leadership programs at the Fisher College of Business at The Ohio State University and the IMD Business School for Management and Leadership in Lausanne, Switzerland. “As we invest in Allredi’s growth, we need a leader with experience developing and driving a high-growth sales strategy and efficiently managing operations. We are pleased to have found all that and more in Robert, who we also believe will be a great fit with the Company’s team and culture,” said Paul De Lisi, Partner at Capstreet. Mike Young, Executive Chairman at Allredi, added, “Robert’s impressive background, along with his core understanding of our industry, means he can truly hit the ground running. We are delighted to begin working together to implement our strategic plans.” “I am excited to bring my skills to Allredi,” said Mr. Case. “In the ever-evolving industrial distribution field, Allredi has prioritized technology, products, and people and is well-positioned to continue to thrive. I look forward to collaborating with Company leadership and the Capstreet/Ridgemont team as we seek to create value for our stakeholders.” ## About Allredi Allredi is a leading North American distributor of surface preparation, abrasives, and safety products to industrial contractors primarily in the industrial, infrastructure, and downstream energy sectors. The company was founded in 1944 and is headquartered in Pasadena, TX \[with 24 locations throughout the U.S. and Canada\]. Please visit [www.allredi-us.com](http://www.allredi-us.com/) for additional information. ## About The Capstreet Group Founded in 1990, Capstreet invests in lower middle market software, tech-enabled services, and industrial business services companies. With over 45 platform investments and over 200 add-on acquisitions since inception, Capstreet’s investment strategy is focused on utilizing its Capvalue FrameworkTM to accelerate growth and profitability, and creating long term sustainable businesses. The majority of Capstreet’s investments have been with founder- or entrepreneur-owned businesses. For more information, visit the Capstreet website, [www.capstreet.com](https://capstreet.multisites.ai/). ## About Ridgemont Equity Partners Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $6 billion. The firm focuses on equity investments up to $250 million and utilizes a proven, industry-focused investment approach and repeatable value creation strategies. [www.ridgemontep.com](http://www.ridgemontep.com/) ## Terms on this page - [Lower Middle Market](https://capstreet.multisites.ai/glossary/lower-middle-market) - [Private Equity](https://capstreet.multisites.ai/glossary/private-equity) - [Value Creation](https://capstreet.multisites.ai/glossary/value-creation) - [Growth Equity](https://capstreet.multisites.ai/glossary/growth-equity) ## Keep reading - [Automotive technology private equity for dealer-focused companiesCapstreet invests in automotive technology businesses that help dealerships. The firm targets solutions for sales, marketing, finance and insurance, and service lane operations. It describes several recent investments in the sector and looks for owners with $3 to $15 million of EBITDA who want a majority capital partner.](https://capstreet.multisites.ai/industries/automotive) - [Business Succession and Exit Options: How to Choose the Right Next Step for Your CompanyOwners have five main exit paths: transfer to family, sell to management, sell to employees through an ESOP, sell to a strategic buyer, or partner with private equity. Each trades price, speed, control and legacy differently. Start planning at least three to five years before you want to step back.](https://capstreet.multisites.ai/business-succession-and-exit-options) - [Buy and Build Strategy: How a Platform Company Grows Through Add-On AcquisitionsA buy and build strategy starts with one well-run platform company and adds smaller businesses to it over time. The goal is a larger, more capable company than any single piece could be. It fits fragmented industries best. Owners of smaller firms can sell to a platform and often stay on.](https://capstreet.multisites.ai/buy-and-build-strategy) - [Construction technology private equity for software ownersCapstreet believes technology can drive large changes in construction efficiency and project delivery. It targets software businesses that support project and financial management for general contractors and sub-contractors. The firm sees the industry as early on its technology adoption curve and looks for owners with $3 to $15 million of EBITDA.](https://capstreet.multisites.ai/industries/construction) - [Capstreet deal criteria: the companies we look forCapstreet looks for entrepreneur-owned business services companies with $3 to $15 million of EBITDA. We make primarily majority investments, and entrepreneurs reinvest alongside Capstreet. We want a tenured team, solid financials, a defensive business model, untapped growth potential and a niche advantage. We invest across 12 industries.](https://capstreet.multisites.ai/deal-criteria) - [The due diligence checklist for owners selling to private equityDue diligence is the buyer's check of your business after you sign a letter of intent. Private equity firms review five areas: financial (quality of earnings), operations, tax, HR and benefits, and legal. Owners who gather clean records before the process starts shorten it and face fewer surprises.](https://capstreet.multisites.ai/guides/due-diligence-checklist-for-owners) ## Ready to get started? Let’s talk. Tell us about your company and what you want next. Conversations are private, and there is no obligation. [Start a conversation](https://capstreet.multisites.ai/contact) [(713) 332-2700](tel:+1-713-332-2700)[connect@capstreet.com](mailto:connect@capstreet.com) ![Capstreet team members at a Houston elementary school for Houston Reads Day](https://capstreet.multisites.ai/_astro/houston-reads-day.DxNd9bIr_tggWP.webp)