FOR IMMEDIATE RELEASE – November 14, 2022
Shorehill Capital LLC is pleased to announce that portfolio company Functional Devices, Inc. was recently inducted into the Manufacturers Hall of Fame by the Indiana Manufacturers Association (“IMA”). The Manufacturers Hall of Fame inductees are chosen by the IMA for their long-time commitment to Indiana’s manufacturing community, innovative thinking, and leadership.
“We are proud to accept induction into the IMA Hall of Fame. We celebrate the entrepreneurial spirit of our founder, and we want to recognize the dedication of each employee that helped us achieve this honor, past and present. It is an honor to be included in this year’s class of inductees as we look toward a bright and bold future.”
– Mark Fernandes, President of Functional Devices, Inc.
For additional information, please visit: Functional Devices, Inc. Press Release
About the Indiana Manufacturers Association
Formed in 1901, the IMA is the second oldest manufacturers association in the country and the only trade association in Indiana that exclusively focuses on manufacturing. Representing more than 1,100 companies, the IMA is dedicated to advocating for a business climate that creates, protects, and promotes quality manufacturing jobs in Indiana. For more information, visit www.indianamfg.com.
About Functional Devices
Functional Devices, Inc. has been designing and manufacturing quality electronic devices in the United States of America since 1969. The company’s goal is to provide durable, high quality, easy-to-use products, tested for performance and supported by world-class sales and engineering experts, to ensure customers have the most reliable and economic solution. To learn more about Functional Devices, visit
About Shorehill Capital
Shorehill Capital LLC is a Chicago-based private equity firm with a passion for creating superior companies. We are focused on making control equity investments in North American engineered industrial products, industrial services, and value-added distribution companies with EBITDA between $3.0 million and $15.0 million and add-ons of any size. Shorehill seeks opportunities with differentiated business models where our experience, network and investment management approach can have a significant impact on the performance of the business. For nearly 30 years our partners have worked with middle market business leaders to accelerate growth and improve operational performance through structured investment management plans. For additional information, please visit www.ShorehillCapital.com.