O2 Sells NTI Connect to ORIX
O2 Investment Partners has sold NTI Connect, a provider of…
Wind Point Adds to Pestell
Pestell Group, a portfolio company of Wind Point Partners, has…
PPC Closes Plaskolite Buy
PPC Partners has closed its previously announced acquisition of Plaskolite,…
Capital Partners and Argosy Exit Roll·Rite
Capital Partners and Argosy Private Equity have sold Roll·Rite to…
Legal Services Stays Hot
CIVC Partners has acquired Magna Legal Services in partnership with…
Kinderhook Adds Again to RWB
Race Winning Brands, a portfolio company of Kinderhook Industries, has…
Rockwood Builds Ibis Tek
Ibis Tek, a portfolio company of Rockwood Equity Partners since February 2017, has acquired Standard Bent Glass, a supplier of custom fabricated glass products, including transparent armor. Standard Bent Glass (SBG) is a manufacturer and distributor of flat and curved laminated glass, curved tempered glass, compound curved glass, decorative laminated glass, and bullet resistant glazing.…
Vestar Doubles Roland Foods
Roland Foods, a portfolio company of Vestar Capital Partners since August 2013, has acquired Albert Uster Imports (AUI). AUI is an importer of specialty pastry, bakery, and confectionary products used by professional chefs and bakers at hotels, restaurants, casinos, cruise lines, and airlines. The company has more than 1,400 SKUs and sources its products from…
Gemspring Expands Therma
Therma Holdings, a portfolio company of Gemspring Capital since June 2017, has acquired Yearout Mechanical, a provider of mechanical, fabrication and maintenance services. Yearout Mechanical provides engineering, installation and maintenance for HVAC, plumbing and piping systems for commercial, institutional and light industrial facilities. In addition to its services, the company also has in-house fabrication and…
Huron’s Auto Auction Business Growing
Huron Capital’s XLerate Group continues to grow with the recent buys of Morton Auto Auction (MAA) and Southeastern Auto Auction (SEAA). Huron Capital formed XLerate through the acquisition in May 2014 of American Auto Auction Group (AAAG) from Baird Capital. Baird had conducted a consolidation in the auto auction industry to form Charleston, SC-based AAAG…
Warren Buys Diesel Parts Distributor
Warren Equity Partners has acquired Magneto & Diesel Injector Service (DBA M&D Distributors). M&D Distributors is an aftermarket distributor of parts and components for maintaining and repairing diesel-powered engines. The company’s products – totaling more than 100,000 SKUs – include new and remanufactured fuel injection, turbocharger, engine part, and filtration products that are used in…
Union Capital Exits KEYper Systems
Union Capital has agreed to sell KEYper Systems, a supplier of electronic and mechanical key management systems, to Assa Abloy. KEYper Systems is a maker of key storage and key management systems, padlock management systems, and other asset control equipment. KEYper Systems has 25 employees and 2019 revenues are projected to be approximately $22 million.…
Warren Closes Second Fund
Warren Equity Partners has closed its second fund at its $310 million hard cap. The new fund is composed of Warren Equity Partners Fund II LP and Warren Equity Partners…
Tritium Hits Hard Cap on Fund II
Tritium Partners has held a final closing of Tritium II LP with $465 million of committed capital. Tritium’s first fund closed in November 2015 with $309 million of committed capital.…
Duane Morris Names Co-Chairs of Private Equity Group
Philadelphia-headquartered law firm Duane Morris has named partners Michael Hardy of the firm’s Baltimore office and Nanette Heide of the firm’s New York office as co-chairs of its private equity…
Tonka Bay Promotes Two
Tonka Bay Equity Partners has promoted Kam Kielhorn to Principal and Taylor Fish to Senior Associate. Tonka Bay invests in manufacturing, value-added distribution and business services companies that have EBITDAs…
WindRose Hits Hard Cap
WindRose Health Investors has closed its fifth fund, WindRose Health Investors V LP, with $705 million of capital commitments. The new fund was oversubscribed and closed at its hard cap.…
Ridgemont Closes Above Target
Ridgemont Equity Partners has held an oversubscribed final closing of Ridgemont Equity Partners III LP (REP III) with $1.65 billion in commitments. The new fund’s original target had been $1.25…
Abacus Backs Thompson Street
Abacus Finance Group was the Administrative Agent and Sole Lender in support of Thompson Street Capital Partners’ recent acquisition of Palisade Corporation. Palisade is a provider of analysis software, under…
Gridiron Continues Big Data and AI Capability Build
Gridiron Capital has hired John Nives as an operating partner to expand the firm’s capabilities in digital marketing, data analytics, artificial intelligence, and machine learning. Mr. Nives’ expertise in digital,…
