MCP Buys & Recaps Rossborough Supply

Monomoy Capital Partners has acquired and recapitalized Rossborough Supply Company Inc., a manufacturer of magnesium and aluminum auto parts. No financial terms were disclosed, except that the founding Schlotz family also participated and will continue to hold a minority position. David Scholtz will take over as CEO, while Brad Scholtz will serve as COO. Current CEO Chet Scholtz will retire. RSC has offices and facilities in Cleveland, Albany, Ore. and Matamoros, Mexico.