OpenGate Acquires Specialty Tapes Maker
OpenGate Capital has acquired Duraco Specialty Tapes from UK-based Essentra…
Aterian Carves Out Chicken and Turkey Biz
Aterian Investment Partners has acquired Hain Pure Protein for $80…
Kinderhook Closes First Adell Add On
Adell Group, a portfolio company of Kinderhook Industries, has acquired…
Littlejohn Carves Out Kaman Distribution
Publicly traded Kaman Corporation has agreed to sell its distribution…
Speyside Buys Two More Steel Foundries
Speyside Foundry Holdings, a portfolio company of Speyside Equity’s first…
Butterfly Closes Buy of Bolthouse from Campbell
Butterfly, a Los Angeles-based private equity firm specializing in the…
H.I.G. and AEA Merge Portfolio Companies
CDI Technologies, a portfolio company of H.I.G. Growth Partners, has merged with Troxell Communications, a portfolio company of AEA Investors. H.I.G. Growth will have a majority equity interest in the combined company. Troxell is a provider of technology systems used in classrooms, auditoriums, computer labs, and sports stadiums in K through 12 and higher education.…
EN Engineering Switches Sponsors
Kohlberg & Company has agreed to acquire EN Engineering, a utility services firm, from General Atlantic. General Atlantic acquired a majority equity interest in EN Engineering in July 2015 from CIVC Partners which at that time choose to maintain a minority equity interest in the company. CIVC acquired its interest in EN Engineering in May…
Huron Adds to Albireo Energy
Albireo Energy, a portfolio company of Huron Capital, has acquired Alabama Controls, a provider of energy management services. Alabama Controls is a provider of building automation and HVAC control solutions as well as equipment and parts sales to government agencies, large commercial buildings and higher education. The company employs over 80 people in seven offices…
Arcline Carves Engine Division from Baker Hughes
Arcline Investment Management has signed an agreement to acquire the Reciprocating Compression division of Baker Hughes, a GE company (NYSE: BHGE). The Reciprocating Compression division (RCD) manufactures and services compression and engine systems that are used in a variety of applications, including the transmission of natural gas across domestic and international pipelines. RCD is the…
Arsenal Buys Closed-Loop Plastic Company
Arsenal Capital Partners has agreed to acquire a controlling interest in Revolution, a provider of sustainable, closed-loop plastic products serving the agricultural, consumer, and industrial markets. Revolution markets an array of plastic products used in the agricultural sector, which it then recovers, cleans and processes into a post-consumer resin (PCR). The company closes the loop…
Mill Point Quickly Building Foam Packager
Huntington Solutions, a portfolio company of Mill Point Capital, has acquired Texas Foam. Texas Foam is a manufacturer of extended-duration shippers and temperature-sensitive protective foam packaging products used in the medical, instrumentation, pharmaceutical and food and beverage industries. The company was founded in 1991 and is headquartered near Austin in Bastrop, TX (www.texasfoam.com). Huntington Solutions,…
Falls River Adds Life Sciences Pro
Falls River Group, a middle-market investment bank, has added Stephen Maddox to its team as a group president in the firm’s life science sector. Mr. Maddox will lead the firm’s…
Abacus Promotes and Hires
Abacus Finance Group has promoted Eric Petersen to Director and has hired Jacob Wise as an Analyst. “We continue to broaden our investment team, always with the goal of providing…
WILsquare Beats Fund II Target
WILsquare Capital has held a final close on WILsquare Capital Partners Fund II LP with total capital commitments of $190 million. The new fund exceeded its $150 million target and…
Bow River Closes Software Fund
Bow River Capital has closed Bow River Capital 2019 Software Growth Equity Fund LP with $160 Million of capital commitments. The closing was above target and was oversubscribed. The strategy…
Palladium Raises New Fund
Palladium Equity Partners has held a final close of Palladium Equity Partners V LP (PEP V) with commitments of $1.56 billion. The firm’s earlier fund, Palladium Equity Partners IV LP,…
KLH Hits Hard Cap
KLH Capital Partners has held a final close of KLH Capital Fund IV LP (Fund IV) at its hard cap with $200 million of limited partner commitments. Fund IV was…
Fruition Partners Launched in Denver
Former Lariat Partners’ professionals Jay Coughlon, Mac Hampden, and Jason Urband have launched Fruition Partners, a new Denver-based private equity firm. Fruition invests in lower middle-market companies that have EBITDA…
Incline Closes New Fund
Incline Equity Partners has closed Incline Elevate Fund LP (Elevate) with $314 million of total capital commitments. The new fund will invest exclusively in the lower middle market, a segment…
