Industrial Opportunity Partners (IOP), based in Evanston, IL, is a private equity investment firm with $460 million of committed capital focused on acquiring and managing middle-market manufacturing and value-added distribution businesses, typically with revenues between $30 million and $350 million. IOP focuses on making investments with the following characteristics: defensible market, customer and product positions, long-term industry fundamentals, identifiable and achievable improvement or growth opportunities, strong incumbent key managers (preferred), and a positive EBITDA (preferred).