Keystone Builds In Facilities Services
Keystone Capital has added a new CEO to its facilities…
ParkerGale Partners-Up for ATP Expansion
Flightdocs, a portfolio company of Argentum, has been sold to…
First Atlantic Adds to Packaging Platform
C-P Flexible Packaging, a portfolio company of First Atlantic Capital…
Peak Rock Adds Second Scoop to Turkey Hill
Turkey Hill, a portfolio company of Peak Rock Capital, has…
Blue Sage Invests In Traffic Control Platform
Blue Sage Capital has acquired Barricades Unlimited, a provider of…
MiddleGround Builds Specialty Metals Platform
MiddleGround Capital has completed the acquisition of Supra Alloys and…
Arlington Buys J&J Worldwide
Arlington Capital Partners has acquired J&J Worldwide Services. This buy is Arlington’s fourth investment for its fifth fund which closed in June 2019 with $1.7 billion of capital. Austin-based J&J Worldwide Services is an outsourced provider of facility maintenance services including operations support at military bases, and engineering services – environmental, housekeeping, janitorial, and custodial…
Sonoma Brands Building Jerky Giant
Sonoma Brands has acquired Chef’s Cut Real Jerky. This buy follows Sonoma’s May acquisition of jerky maker KRAVE Pure Foods from Amplify Snack Brands, a business unit of The Hershey Company. Chef’s Cut’s product line includes jerky, meat sticks, and biltong that are made with real ingredients and premium cuts of steak, chicken, and turkey.…
Warren Sees Green in Arborist Platform
Warren Equity has closed two acquisitions in the arborist services sector with the buys of Gunnison Tree Services and New Urban Forestry. Gunnison Tree Services is a provider of tree and vegetation management services to utilities, governments, residential, and commercial customers in the Southeastern United States. The company has a specialization in highly technical tree…
MKH Consolidating Car Wash Sector
MKH Capital Partners has hired Thomas Welter to lead Clean Streak Ventures, its express car wash platform company. Orlando-headquartered Clean Streak was founded by MKH in November 2019 and operates ten locations in Florida. The company has closed three transactions in the past six months and plans to continue growing both organically and through add-on…
HKW Closes Third Fresh Direct Add-On
Fresh Direct Produce, a distributor of fresh, ethnic, tropical, organic, and specialty produce and a portfolio company of HKW, has acquired Mike and Mike’s Organics. Mike and Mike’s is a non-grower distributor of organic fruits and vegetables sourced from the United States, Canada, and other countries. The company delivers more than 200 types of organic…
Platinum Enters Digital Cinema Sector
Platinum Equity has acquired the digital film distribution business of Deluxe Entertainment in partnership with the company’s former CEO Cyril Drabinsky. Deluxe was founded in 1915 as a film processing lab within Fox Film Corporation. The company was owned by MacAndrews & Forbes (controlled by Ronald Perelman) from 2006 to 2019 and struggled with negative…
KKR Partners Up with Danaher Executive
KKR has partnered with William “Dan” Daniel to seek and acquire industrial business headquartered in the United States. Mr. Daniel was the executive vice president of Danaher from 2008 through…
Succession Plan Initiated at Levine Leichtman
Levine Leichtman Capital Partners (LLCP) has announced a management succession plan that names Matthew Frankel and Michael Weinberg as managing partners. LLCP was founded in 1984 and its co-founders –…
Charlesbank’s New Credit Fund Hits Hard Cap
Charlesbank Capital Partners has held a $700 million, oversubscribed, and hard cap closing of Charlesbank Credit Opportunities Fund II LP. The new fund’s original target was $500 million. Fund II…
New Principal at HCAP
San Diego-headquartered HCAP Partners has promoted Bhairvee Shavdia to principal. Ms. Shavdia joined HCAP Partners in 2015 and has been active in building and implementing the firm’s impact investing methodology…
Evolution Backs Another New Manager
Evolution Managers Capital (EMC), an investor in emerging private equity firms, has made its second fund investment to date by backing Greens Farms Capital. EMC was formed in October 2019…
Datasite: AI to Speed Up M&A
According to Datasite, over the next five years new technologies, including artificial intelligence, will transform the mergers and acquisitions process by decreasing the time it takes to perform due diligence…
Despite Headwinds, Packaging Industry Faces Pockets of Growth
A recent survey by L.E.K. Consulting, conducted just before the economic dimension of the COVID-19 pandemic took hold, shows that nearly 50% of consumer packaged goods (CPG) brand owners expect…
Houlihan Lokey Expands in TMT With MVP Buy
Houlihan Lokey has agreed to acquire MVP Capital, an advisory firm specializing in the technology, media, and telecom (TMT) sector. MVP’s services include mergers and acquisitions advisory, capital raising, restructuring…
