Summit Filter’s product line includes filter bags for air and gas filtration and centrifuge bags for liquid filtration. Markets include asphalt plants, steel mills and foundries, power plants, minerals processing, food, chemicals and refining, and pharmaceuticals.

Shaffer Products sells a range of bags and related products for air and gas and liquid filtration for industries including pharmaceuticals, food, cosmetics and chemical processing.
 
Both companies are based in Union, New Jersey.
 
Hadley Capital invests in or acquires small, profitable businesses with revenue of US$5 million–US$30 million.
 
Transact Capital Partners served as the exclusive financial advisor to Summit Filter and Shaffer Products.