Heartwood Partners Successfully Completes Sale of Sur-Seal to BGCP

Heartwood Partners Completes Sur-Seal Sale

On January 6, 2026, Heartwood Partners announced the successful sale of Sur-Seal, LLC to Brodie Generational Capital Partners (BGCP), a notable private investment firm focused on the long-term ownership of industrial companies in the middle market. This transaction highlights Heartwood's strategic maneuvers over the past 13 months, making it their fifth exit within this timeframe.

Sur-Seal, recognized as a leader in engineered sealing, thermal management, and customized material solutions, addresses diverse markets including electric vehicles, mobility, HVAC, medical, and industrial technology. With facilities across the United States and Mexico, Sur-Seal has built a strong reputation, supporting customers globally with advanced materials, precision converting, and rapid prototyping capabilities.

Under Heartwood Partners' stewardship, Sur-Seal undertook a strategic transformation, enhancing its operational capabilities and broadening its engineering expertise. The firm invested significantly in automation and quality systems, which paved the way for scalable growth. In addition to organic enhancements, Sur-Seal successfully completed acquisitions such as Mueller Die Cut Solutions and Kent Manufacturing, thereby expanding its geographic reach and increasing its materials science capabilities.

Pete Futia, CEO of Sur-Seal, expressed gratitude for Heartwood Partners, stating, "Their support and strategic guidance allowed us to transform Sur-Seal into a more robust, diversified, and innovative organization. Together, we've developed a platform poised for ongoing growth, and I couldn't be prouder of our team's accomplishments. We look forward to collaborating with BGCP in this next chapter."

James Sidwa, Managing Partner at Heartwood Partners, shared insights into the successful execution of Sur-Seal's growth strategy. He highlighted the operational improvements and market expansion that were achieved under the leadership of Sur-Seal's management team. He stated, "The strength of the management team and our collaborative approach has contributed significantly to the company's success. We anticipate Sur-Seal will continue to thrive under BGCP's guidance."

William Blair acted as the financial advisor whereas Finn Dixon Herling LLP provided legal advice in this transaction, ensuring a smooth sale process for both parties involved.

Heartwood Partners stands out as a middle-market private equity firm that employs a lower-leverage and current cash yield approach. This strategic method is designed to foster partnerships with continuing management teams, which has been integral to their operational philosophy. Currently, they manage over $1.3 billion in investments and have executed more than 100 acquisitions. Heartwood will continue to focus on founder, family, and management-led businesses across niche manufacturing, specialty chemicals, food, agriculture, and consumer services. To learn more about their initiatives, visit Heartwood Partners.

In summary, the sale of Sur-Seal to BGCP not only marks a significant milestone for Heartwood Partners but also sets the stage for Sur-Seal's future innovations and growth in critical industrial markets.