Coping with Coronavirus: How Private Equity Firms Can Focus on What Matters Most
PE leaders are scrambling to keep up with the Covid-19…
Quad-C Buys Specialty Weaver
Quad-C has closed its acquisition of Textum Weaving, a producer…
Sole Source Adds Grocery Box
Sole Source Capital’s portfolio company Worldwide Produce (WWP), a distributor…
Lindsay Goldberg Exits VDM Metals
Lindsay Goldberg has sold its portfolio company VDM Metals to…
Compass Diversified Buys Marucci
Publicly-traded Compass Diversified Holdings has agreed to acquire Marucci Sports…
AEI Closes Eighth and Ninth Aero Buys
In two separate transactions, AE Industrial Partners has once again…
TSG Consumer Buys Pathway Vet
TSG Consumer Partners has acquired a majority stake in Pathway Vet Alliance from Morgan Stanley Capital Partners (MSCP) at an enterprise valuation estimated at more than $2 billion. MSCP acquired Pathway Vet in 2016 and is maintaining a minority interest in the company. Austin-based Pathway Vet operates over 270 general, specialty and emergency practice locations,…
Tengram Closes Buy of High Ridge Brands
Tengram Capital Partners has closed its buy of the hair care and skin cleansing business of High Ridge Brands, a portfolio company of Clayton, Dubilier & Rice. Stamford, Connecticut-based High Ridge Brands was formed by Brynwood Partners in December 2010 to purchase the North American Zest personal cleansing brand from Procter & Gamble and to…
GenNx360 Exits Precinmac
GenNx360 Capital Partners has sold Precinmac Precision Machining to Pine Island Capital Partners and Bain Capital Credit. Compass Partners Capital helped arrange this transaction and is investing alongside Pine Island and Bain Capital. Precinmac is a manufacturer of precision machined components and assemblies used in the semiconductor, oil and gas, commercial aerospace, defense, and industrial…
Mill Point Adds Another to KKSP
KKSP Precision Machining, a portfolio company of Mill Point Capital, has acquired Prime Engineered Components, a maker of metal parts used in the defense, medical, automotive, and aerospace sectors. Prime’s capabilities include screw machining, CNC machining, engineering, cleaning, and assembly of brass, aluminum, stainless steel, steel, nickel alloys, bronze, titanium, and certain plastics including acetal,…
Charlesbank Carves NAM from News Corp
News Corp has agreed to sell its News America Marketing business (NAM) to Charlesbank Capital Partners for $235 million. The consideration for this transaction is comprised of $50 million in cash at closing and deferred cash payments totaling between $125 million and $185 million over the next five years, depending on the timing of such…
Arbor’s Baking Platform Continues to Rise
The Bakery Companies, a portfolio company of Arbor Investments, has acquired Steck Wholesale Foods. Steck is baker and distributor of English muffins and buttermilk biscuits to foodservice, self-distributing retailers, and wholesale distributors nationwide. The company was founded in 2004 and is headquartered in North Sioux City, South Dakota. The Bakery Companies (TBC) manufactures fresh and…
Insight Partners Closes Fund XI
Insight Partners has held a final hard cap closing of Insight Partners XI LP at $9.5 billion. The firm’s earlier fund closed with $6.3 billion of capital commitments in 2018.…
Platte River Adds Business Development Pro
Platte River Equity has hired Brian Klaban as the firm’s new Director of Business Development and Debt Capital Markets. Mr. Klaban will lead Platte River’s sourcing, marketing and business development…
Gemspring Closes Fund II
Gemspring Capital has closed its second fund, Gemspring Capital Fund II LP, with $750 million of capital commitments. Limited partners in the new fund include endowments, foundations, family offices, consultants,…
“Nobody Knows Anything”
By Andy Greenberg – CEO GF Data® and Greenberg Variations Capital Attempts to gain perspective on the deal market in the midst of coronavirus have reminded me of this ageless observation…
Ampersand Closes Fund X
Ampersand Capital Partners has closed its latest fund, Ampersand 2020 LP (AMP-20) with $690 million in limited partner commitments. The new fund – Ampersand’s tenth fund since 1992 – was…
Fund V Hits Hard Cap at TorQuest
TorQuest Partners has held a final hard-cap closing of TorQuest Partners Fund V LP with C$1.375 billion of committed capital. The new fund closed above its target of $1.1 billion…
Most See Third Quarter Recovery
Ernst & Young (EY) has published its latest Capital Confidence Barometer (CCB) that finds business leaders focusing on the impact of COVID-19 on supply chains, revenue and profitability, while also…
Coping with Coronavirus: How Private Equity Firms Can Focus on What Matters Most
PE leaders are scrambling to keep up with the Covid-19 crisis. What they need is a practical way to assess risk company by company and prioritize the most effective response.…
