Hudson Ferry Carves Dake from JSJ
Laguna Tools, a portfolio company of Hudson Ferry Capital, has…
Jordan Buys Additives Division from Arsenal
The Jordan Company has purchased the polymer additives division of…
Pfingsten Closes Tenth Fund V Platform
Pfingsten has acquired Advanced Lighting Concepts (DBA Environmental Lights) in…
Mill Point Builds Transformer Biz
Pioneer Transformers, a portfolio company of Mill Point Capital, has…
Advent Buys Hair Care Brand Olaplex
Advent International has agreed to acquire Olaplex, a professional haircare…
Benford Buys Tenth Portfolio Company
Benford Capital Partners has acquired Warehouse-Lighting.com, a Wisconsin-based distributor of…
AUA Closes Fourth Specialty Food Buy
Gourmet Culinary Partners (GCP), a portfolio company of AUA Private Equity Partners, has acquired Van-Lang Enterprises. This is the fourth add-on for GCP since its formation by AUA in May 2019. Van-Lang is a family-owned manufacturer and distributor of appetizers and hors d’oeuvres with national distribution and a strong presence in the Midwest as well…
Novacap’s Bestar Buys its Bigger US Competitor
Bestar, a portfolio company of Novacap since July 2017, has acquired Bush Industries for $160 million from Lorraine Capital and Landon Capital Partners. Bush Industries designs, produces and distributes home and commercial office, entertainment, bedroom, storage, seating, occasional and entryway furniture. The company was founded in 1959 and its headquarters and US manufacturing operations are…
KPS Carves Out IKG from Harsco
KPS Capital Partners has agreed to acquire the IKG business of publicly traded Harsco Corporation for $85 million composed of $40 million in cash and a $40 million seller note. KPS is acquiring IKG through is KPS Special Situations Mid-Cap Fund which closed in October 2019. Houston-based IKG is a manufacturer of steel and aluminum…
Freeman Spogli Acquires Kamps
Freeman Spogli & Company has acquired a majority equity interest in Kamps, one of the largest pallet management service providers in North America. Kamps provides nationwide pallet management services through a network of 25 company-owned and operated facilities and commercial partnerships with more than 60 national pallet partners. The company’s services include acquisition, disposition, sorting,…
LFM Closes First Exit from First Fund
After a three-year hold, LFM Capital has sold EDSCO Fasteners to MiddleGround Capital. EDSCO is a supplier of foundation anchoring systems for power transmission poles and substation structures. The company’s anchoring systems – which range from specialty fabricated bolts to highly-engineered anchoring cages – are typically embedded in concrete foundations and are engineered to allow…
Concours Closes Big First Add-On
Concours Mold, a portfolio company of Crestview Partners, has acquired the assets of Valiant Tool and Mold. The buy of the Valiant assets is the first add-on acquisition completed by Concours since being acquired by Crestview Partners in May 2019 as a platform within the tool and molding segment. Valiant is a designer, builder and…
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Yukon Backs IOP’s Buy of Midwest Paper
Yukon Partners was the provider of mezzanine debt to back Industrial Opportunity Partners’ recent buy of Midwest Recycled and Coated Containerboard Mill (DBA Midwest Paper). Midwest Paper manufactures and distributes…
Stone Point Closes on $7 Billion
Stone Point Capital has held a final closing of its eighth private equity fund, Trident VIII LP, with $7 billion in total capital commitments. Trident VIII received strong support from…
Lexington’s New Secondaries Fund Closes at $14 Billion
Lexington Partners, one of the largest managers of secondary acquisition funds, has held a final close of Lexington Capital Partners IX LP and related investment vehicles (LCP IX) with a…
Abacus Backs Five Points’ New Buy
Abacus Finance Group was the administrative agent and lead arranger for $15 million in senior secured credit facilities to support the recapitalization of Specialty Appliances by Five Points Capital. Abacus…
Siguler Guff Continues Lower Market Strategy with New Fund
Siguler Guff has held a final closing of its latest fund, Small Buyout Opportunities Fund IV LP (Fund IV), at the oversubscribed hard cap of just over $1.57 billion. Fundraising…
Healthcare Investor Grant Avenue Partners Up
Grant Avenue Capital a healthcare-focused, middle-market private equity firm, has entered a strategic partnership with East Rock Capital and GCM Grosvenor. Grant Avenue Capital is a healthcare-focused, middle-market private equity…
Twin Brook Big Backer of Healthcare Deals in 2019
Twin Brook Capital Partners, the middle-market direct lending subsidiary of Angelo Gordon, today announced that it has committed over $3.3 billion to private equity sponsors in support of healthcare transactions,…
