Aldine is pleased to announce investments in Accredited Home Elevator (“Accredited”) and The IFH Group Inc. (“IFH”).
Accredited Home Elevator
Accredited is a leading home elevator manufacturer, installer, and provider of maintenance services. Founded in 2000 by Scott Wallace Sr. and Scott Wallace Jr., Accredited serves homebuilders, architects, contractors and homeowners along the East Coast.
Aldine provided a subordinated note and equity investment alongside Stoic Holdings.
The IFH Group
IFH is a fabricator of custom-designed metal tanks and reservoirs. The Company produces primarily hydraulic and fuel tanks utilized in off-road applications. IFH provides its manufacturing, powder coating and value-added assembly services to original equipment manufacturers and primarily serves utility, material handling, agriculture, construction, and military equipment manufacturers that utilize a hydraulic tank to create power or a reservoir to store liquid and fuel.
Aldine provided a subordinated note and equity investment alongside Capital For Business and The Mendota Group.