
Audax Closes Sale of Gabriel at 11x
Audax Private Equity has closed its December-announced sale of Gabriel…
Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital, has acquired Mine Equipment & Design. This is the second add-on for Mid-State since being acquired by CenterGate in February 2019. Mid-State provides industrial services to customers in the chemical processing, phosphate mining, power generation, and building products industries throughout the southeastern United States. The company…
Atlantic Southern Paving and Sealcoating, a portfolio company of Harbor Beach Capital, has acquired Emerald Paving Company. Harbor Beach acquired Atlantic Southern in August 2019 in partnership with Aldine Capital Partners and CEO Michael Curry. The buy of Emerald is the company’s first add-on acquisition as it looks to expand into new geographies to serve…
Probo Medical, a portfolio company of Varsity Healthcare Partners since October 2018, has acquired Mount International United Services (MIUS). MIUS is a provider of third-party service, repairs and maintenance for medical imaging equipment including Ultrasound, CT, MRI, and X-ray. The company also buys, sells and rents medical imaging equipment. Customers of MIUS include more than…
Praesidian Capital has acquired a controlling interest in Round 2, a hobby products company. Round 2 designs and produces model kits, diecast models, slot cars and other hobby products. The company is the owner of several well-known model kit and diecast brands, many of which date back to the 1960s, including AMT, Hawk, Johnny Lightning,…
Sentinel Capital Partners has agreed to sell Pet Supplies Plus to publicly traded Franchise Group for $700 million in cash. Sentinel acquired Pet Supplies Plus, the third-largest pet specialty chain in the US, from Irving Place Capital in December 2018. Pet Supplies Plus (PSP) is a franchisor and operator of pet-specialty stores. The company’s system…
San Francisco Equity Partners (SFEP) has acquired SV Labs, a contract manufacturer of beauty and personal care products. SV Labs’ services include research and development, formulation, manufacturing, filling, labeling, packaging and fulfillment. The company’s products include effervescent products for multiple end markets, including shower tablets and bath bombs; and products for other market categories including…
A new middle market debt advisory firm – Hudson Avenue Partners – has been launched by Ryan Deegan and Kelly Stotler. The new firm specializes in designing, structuring and raising…
Northstar Capital has closed Northstar Mezzanine Partners VII LP and Northstar Mezzanine Partners SBIC LP with combined capital commitments of nearly $500 million. Northstar’s SBIC fund is its first fund…
Rotunda Capital Partners has closed its debut institutional private equity fund, Rotunda Capital Partners Fund II LP, with over $195 million of capital commitments. The new fund’s original target was…
Argosy Capital has formed Argosy Healthcare Partners (AHP) and has hired Paul Barrett as a managing director to lead the new investment strategy. AHP will make majority control investments, in…
Fort Point Capital has closed its second fund, FPC Small Cap Fund II LP (FPC II), with $194 million of capital. The new fund beat its target of $175 million.…
Audax Private Equity has closed its first general partner-led secondary fund (“Continuation Fund”) with $1.7 billion in capital commitments. Capital from the Continuation Fund was used to purchase portfolio companies…
New Mountain Capital has closed two new private equity funds with $10.2 billion in total capital commitments. The two funds include its flagship fund, New Mountain Partners VI LP (“Fund…
Sheridan Capital Partners has held an oversubscribed and hard cap closing of its second fund, Sheridan Capital Partners Fund II LP, with $300 million in limited partner commitments. The firm’s…
Praesidian Capital has acquired a controlling interest in Round 2, a hobby products company. Round 2 designs and produces model kits, diecast models, slot cars and other hobby…
San Francisco Equity Partners (SFEP) has acquired SV Labs, a contract manufacturer of beauty and personal care products. SV Labs’ services include research and development, formulation, manufacturing, filling,…
Mountaingate Capital has acquired BioDerm, a provider of disposable medical devices and wound care supplies. Abacus Finance provided senior debt for this transaction and made an equity co-investment.…
Avista Capital Partners has closed on its buy of Solmetex, a provider of waste management products and services used in the US and Canadian dental industry. Solmetex is…
LongueVue Capital has acquired Summit Plastics, a manufacturer of blown film and bags used in the food and beverage, industrial, and healthcare markets. Summit’s products include mono and…
Sentinel Capital Partners has agreed to sell Pet Supplies Plus to publicly traded Franchise Group for $700 million…
Audax Private Equity has closed its December-announced sale of Gabriel Performance Products to publicly traded Huntsman Corporation for…
Ares Management and Ontario Teachers’ Pension Plan Board have agreed to acquire a majority interest in TricorBraun, a…
Incline Equity Partners has sold LYNX Franchising, a multi-brand provider of business-to-business commercial services, to MidOcean Partners. Incline…
Audax Private Equity has closed its December announced sale of Protective Industrial Products to Odyssey Investment Partners. Protective…
Praesidian Capital has acquired a controlling interest in Round 2, a hobby products company. Round 2 designs and…
Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital, has acquired Mine Equipment & Design. This is the…
Sentinel Capital Partners has agreed to sell Pet Supplies Plus to publicly traded Franchise Group for $700 million…