Denver millwork firm Freelance Partners acquired by investment groups
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DENVER -   Ninth Street Capital Partners and Tecum Capital have acquired a 60-employee Denver architectural millwork firm, Freelance Enterprises. Ninth Street Managing Director Patrick Dickinson (below) is now president of Freelance Enterprises.  
 
 
Cleveland-based Ninth Street Capital also owns Kitchen Cabinet Distributors, a Raleigh, N.C.-based RTA kitchen cabinetry firm. Though terms of the deal were not disclosed, the Denver Business Journal reprots the investment to Freelance Enterprises at $7 million. 
 
Tecum Capital raised $225 million for its investment fund earlier this year, using it in a partnership with Validor Capital to acquire The Marwin Co. Inc., a West Columbia, S.C. manufacturer of specialty building products such as attic stairways and pocket door frames, in June.  
 
Freelance Enterprises, founded in 1991, provides concept-to-completion premium design and craftsmanship to the commercial millwork industry. focusing on health care, hospitality, multi-unit residential, financial and educational sectors. A member of the Architectural Woodwork Institute, the firm has experience rapid growth in recept years. AWI lists Ted Rosiere as principal contact. Freelance Enterprise's webste shows a Biesse Rover CNC and Brand edgebander among other equipment. 
 
"The company’s attention to customer service while providing finely crafted products has allowed the Freelance to grow since its founding," says Ninth Street managing partner Michael Weiner. "We believe that this partnership will best position the company to take advantage of the growing demand for commercial millwork in the Rocky Mountain Region of the U.S. NSCP is investing substantially in Freelance’s facilities to help the company meet anticipated growth.”
 
“With an operating model that emphasizes quality craftsmanship, attention to detail, and customer service, Freelance is a trusted provider to the top general contractors, architects, and builders throughout the Front Range,” added Dickinson, who also serves as president of Kitchen Cabinet Distributors. 
 
“We see a tremendous opportunity to accelerate Freelance’s growth while continuing to provide exceptional service and craftsmanship to our customers.  Under the new ownership structure, we hope to support the company’s leaders as they grow the business,” said Weiner.
 
 

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Bill Esler | ConfSenior Editor

Bill wrote for WoodworkingNetwork.com, FDMC and Closets & Organized Storage magazines. 

Bill's background includes more than 10 years in print manufacturing management, followed by more than 30 years in business reporting on industrial manufacturing in the forest products industries, including printing and packaging at American Printer (Features Editor) and Graphic Arts Monthly (Editor in Chief) magazines; and in secondary wood manufacturing for WoodworkingNetwork.com.

Bill was deeply involved with the launches of the Woodworking Network Leadership Forum, and the 40 Under 40 Awards programs. He currently reports on technology and business trends and develops conference programs.

In addition to his work as a journalist, Bill supports efforts to expand and improve educational opportunities in the manufacturing sectors, including 10 years on the Print & Graphics Scholarship Foundation; six years with the U.S. WoodLinks; and currently on the Woodwork Career Alliance Education Committee. He is also supports the Greater West Town Training Partnership Woodworking Program, which has trained more than 950 adults for industrial wood manufacturing careers. 

Bill volunteers for Foinse Research Station, a biological field station staddling the border of Ireland and Northern Ireland, one of more than 200 members of the Organization of Biological Field Stations.