OAKBROOK TERRACE, IL – April 30, 2025 – Prairie Capital Advisors, Inc. (“Prairie”) is pleased to announce that its client, ALM Positioners (“ALM” or the “Company”), has been acquired by a group of investors that includes Altus Capital Partners (“Altus Capital”), Centerfield Capital, and ALM’s senior management team. Prairie acted as the exclusive financial advisor in this transaction to ALM Positioners and its shareholders and was led by John Waller and Darrell Smith of Prairie. The terms of the transaction were not disclosed.

Since 1982, ALM Positioners has been a leading manufacturer of headstock and tailstock positioner lifts designed to optimize welding and assembly operations. Operating from a state-of-the-art facility in Rock Island, IL, ALM delivers cost-effective, high-performance solutions that enhance weld quality, improve operator safety and increase production throughput. Serving a diverse range of manufacturing industries, ALM helps customers reduce labor and overhead costs while boosting efficiency and minimizing operator fatigue and injury risk. ALM is committed to being a customer-focused partner and provides customizable, turn-key solutions tailored to each application's needs.

Founded in 2003, Altus Capital Partners focuses exclusively on investing in lower middle-market niche manufacturing businesses throughout the U.S. industrial heartland. Altus brings extensive sector expertise, a disciplined and patient investment approach, and a strong commitment to integrity. The firm collaborates closely with management teams, providing strategic insights, operational support and senior-level engagement to create long-term value.

Pat Pollock, the CEO of ALM Positioners, stated, “Prairie’s extensive industry expertise, dedicated senior-level attention and innovative sales process allowed us to finalize a transaction with Altus that positions ALM to keep delivering productivity-enhancing products to our customers, expand our business into new areas and offer our employees an exceptional place to work.”

“The ALM management team is one of the most forward-thinking and progressive groups we have encountered in 30 years of advising on transactions, and they have established an outstanding business catering to some of the world’s most demanding manufacturers. ALM is well-positioned to thrive under the combined ownership of Altus, Centerfield and management. They were a fantastic team to collaborate with,” said John Waller, Managing Director at Prairie. Darrell Smith, Vice President at Prairie, stated, “Pat and the team at ALM are among the most professional operators we have represented. ALM is one of the most dynamic manufacturing companies we know. It will be exciting to see them flourish in partnership with Altus and Centerfield.”

Prairie continues to demonstrate its industry leadership with the latest release of the Prairie Industry Perspective: Industrial Automation 4.0. This publication reflects our commitment to helping businesses think forward by partnering with companies driving the technologies behind industrial automation. Our research highlights how automation addresses critical challenges, such as labor shortages, reshoring, safety, quality and cost efficiency, to help companies stay agile in a dynamic and evolving market. Prairie proudly serves as a trusted advisor to businesses at the forefront of automation and digital evolution.

About Prairie Capital Advisors

Prairie is a leading financial advisory firm specializing in creating and executing ownership transition strategies for middle-market companies nationwide. In 2024, Prairie was awarded the Corporate Fairness Opinion Provider of the Year by M&A Atlas. For more information, visit www.prairiecap.com.