NEW FUNDS
Insignia Hard Caps Fund III
Insignia Capital Group has closed its third fund, Insignia Capital Partners III LP, with over $500 million in capital commitments. The new fund surpassed its $375 million target and closed
Integrum Soars to Close on Fund II
Integrum Holdings has completed the final close of its second flagship vehicle, Integrum Capital Partners II LP, with total capital commitments of $2.5 billion. The new fund closed above its original
Abacus Holds Final Close for Inaugural SBIC Fund
Abacus Finance Group has held a final and oversubscribed close of its first Small Business Investment Company vehicle, Abacus Finance SBIC Fund I LP (Fund I), with $262.5 million in
Diversis Hard Caps Third Fund at $1.2 Billion
Diversis Capital has held an above-target and hard-cap close of its third fund, Diversis Capital Partners III LP, with more than $1.2 billion in total commitments. Fund III limited partners
Plexus Reloads with $1.3 Billion in New Capital
Plexus Capital has held an above-target close of over $1.3 billion across two investment vehicles—Plexus Fund VII LP (Fund VII) and Plexus Equity Fund II LP (Equity Fund II). Fund
Gemspring Quickly Closes Second Growth Fund
Gemspring Capital Management has closed its second non-control investment vehicle, Gemspring Growth Solutions Fund II LP (GGS II), with $1.1 billion in limited partner commitments. The new fund closed at
Crux Closes Inaugural Fund at $340 Million
Crux Capital, a Dallas-based private equity firm targeting the lower-middle market, has closed its debut institutional fund, Crux Capital Fund I LP (Fund I), with over $340 million in commitments.
NEW PLATFORMX
Lindsay Goldberg Launches Chemical Distribution Platform
Lindsay Goldberg has agreed to acquire EMCO Chemical Distributors, a Wisconsin-based industrial and specialty chemical distributor. EMCO supplies over 5,000 chemical SKUs, including solvents, acids, alkalis, surfactants, and specialty additives used in a wide range
New Cop on the Block: Align Buys Advantage Investigations
Align Capital Partners (ACP) has acquired Advantage Investigations, a provider of insurance investigative services, from MD Holdings. Advantage Investigations’ services are used by national and regional insurance carriers, third-party administrators (TPAs), law firms, and self-insured
Cool Deal: Arsenal Acquires Sonoco’s ThermoSafe Unit for $725 million
Arsenal Capital Partners has closed its acquisition of the ThermoSafe business of publicly traded Sonoco Products Company for $725 million—$650 million in cash at close, along with up to $75 million in additional consideration based
SK Capital Closes Carve Out of LISI’s Medical Division
SK Capital Partners has closed its buy of the medical division of LISI Group and has rebranded the newly independent company as Precera Medical. LISI Group has retained a minority stake in the business in
NEWS
NEW EXITS
MiddleGround Sells Lindsay Precast to TJC
MiddleGround Capital has agreed to sell its portfolio company Lindsay Precast, a manufacturer of precast concrete and fabricated steel infrastructure products, to TJC. Lindsay Precast manufactures precast concrete and fabricated steel infrastructure products used in
Renovo Sells Rochester Sensors to Publicly Traded Amphenol
Renovo Capital has sold Rochester Sensors to publicly traded Amphenol Corporation. Rochester Sensors designs and manufactures liquid level sensors and gauges used in industrial, commercial, and OEM applications. The company’s product portfolio includes float-activated sensors,
NEW ADD ONS
Southfield’s Osprey Landscape Group Acquires Earthworks
Osprey Landscape Group, a portfolio company of Southfield Capital, has acquired Earthworks, a Texas-based provider of commercial landscaping services. This
A New Link in the Chain: MPE’s Webster Buys Renold for $254 Million
Webster Industries, a portfolio company of MPE Partners, has acquired publicly traded Renold, a manufacturer of industrial chain and torque
Granite Creek and Canterbury Expand Cutting Tools Platform
Peak Toolworks, a subsidiary of DBW Holdings, a portfolio company jointly owned by Granite Creek Capital Partners and Canterbury Ventures,
Branford Castle Adds Integrated Rectifier to GPT Industries
GPT Industries, a portfolio company of Branford Castle Partners, has acquired Integrated Rectifier Technologies. Branford Castle acquired GPT Industries, a manufacturer of pipeline
NEW FINANCINGS
Abacus Ramps Up Deal Activity with Two New Closings
Abacus Finance Group has had an active start to the
Through Western Vet, TPG Twin Brook Builds Relationship with Tyree & D’Angelo
TPG Twin Brook has increased its credit facilities to Western
Trinity Launches Sponsor Finance Vertical
Publicly traded Trinity Capital has formed a new sponsor finance
LongueVue Acquires Kingston Brass with Abacus Backing
LongueVue Capital (LVC) has acquired Kingston Brass, a designer and distributor of kitchen and bathroom fixtures, bathtubs, and accessories. Kingston designs and distributes water fixtures,
Lineage Acquires Bellwether Media with Abacus Backing
Abacus Finance Group was the Senior Secured Credit Facilities Administrative Agent and Sole Lender for senior secured credit facilities used to back the acquisition of
Lincoln Road’s Newest Platform Corners Houston Landscaping Market
Lincoln Road has acquired Silversand Services and SLI Landscape, providers of commercial landscaping services in the Houston metropolitan area. Silversand’s and SLI’s services include landscaping,
O2 Sponsor Finance Backs Soundcore’s Paving Platform
O2 Sponsor Finance, a division of Old Second National Bank, provided the senior bank financing to back the acquisitions by Soundcore Capital Partners of ACI Asphalt & Concrete (ACI) and
Abacus Backs Eureka’s Buy of Advertiser Perceptions
Eureka Equity Partners has acquired Advertiser Perceptions with senior debt and an equity co-investment from Abacus Finance. Abacus was the Senior Secured Credit Facilities Administrative Agent and Sole Lender. Advertiser
Always Active Abacus Starts Fast
Abacus Finance is continuing its active support of private equity buyouts with the close of new transactions for Thompson Street Capital Partners, American Pacific Group, Pine Tree Equity, and WestView
FEATURED TRANSACTIONS
No Holes in this Deal: Swander Pace Acquires Maple Donuts
Swander Pace Capital has acquired Maple Donuts, a manufacturer of frozen bakery products. Co-investing in the acquisition were Partners Capital and Constitution Capital Partners. Maple Donuts specializes in private label donuts for retail
Paceline Acquires Everflow
Everflow Supplies, a distributor of plumbing, electrical, fire control, and industrial products, has been acquired by Paceline Equity Partners. Everflow is a national master distributor of more than 20,000 SKUs of fittings, valves,
Gemspring Carves Out Goodyear Chemical for $650 Million
Gemspring Capital Management has agreed to acquire Goodyear Chemical, the polymer chemicals division of publicly traded Goodyear Tire & Rubber Company, for $650 million in cash. Akron-headquartered Goodyear Chemical is a producer of
Odyssey’s PIP Acquires Honeywell’s PPE Business
Protective Industrial Products (PIP), a portfolio company of Odyssey Investment Partners, has finalized its $1.3 billion acquisition of the personal protective equipment (PPE) division of publicly traded Honeywell. Odyssey previously acquired PIP from
Patriot Pickle Acquires First Place Foods
Patriot Pickle, a maker and distributor of pickles and a portfolio company of Swander Pace Capital, has acquired First Place Foods. First Place Foods manufactures a wide variety of fermented (shelf stable) and refrigerated pickles, relishes, and other pickled vegetables that are sold to the restaurant, foodservice, institutional, and retail markets. Third-generation family-owned First Place Foods, led by President Pat Hunn, operates manufacturing and warehousing facilities near Dallas in Garland, Texas. “For more than 15 years, First Place Foods has
SK’s Canlak Coatings Buys Ceramic Industrial Coatings
Canlak Coatings, a portfolio company of SK Capital Partners, has acquired Ceram-Traz (DBA Ceramic Industrial Coatings). Ceramic Industrial Coatings is a manufacturer of custom and proprietary water and solvent-based wood coatings as well as other coatings, adhesives, sealants and elastomers (CASE) products. Ceramic Industrial, led by CEO Rob Laubscher, was founded in 1962 and operates a 90,000-square-foot facility in Osseo, Minnesota (headquarters) and a 52,000-square-foot facility in Kansas City, Kansas. “We are tremendously excited about our future partnership with Canlak
PEOPLE ON THE MOVE
Busy Branford Castle Expands Investment Team
MiddleGround Appoints Managing Director to Lead Exit Strategies
Monroe Capital Continues Business Development Build
Daniel Phan Joins Closed Loop as Private Equity Co-Head
Monroe Capital Gets New Head of Business Development
Soundcore Adds Two Investment Pros
STRATEGIES & STUDIES
PIK and Preferred Equity Financing Structures: Balancing Flexibility with Risk
The Rise of Non-Cash Pay Capital Structures In an environment where interest rates remain elevated and exit timelines have extended, private equity sponsors are seeking new ways to balance liquidity needs against operational realities. As
The 401(k) Revolution: Private Equity’s Boom or Bust Moment?
he idea of integrating private equity (PE) into 401(k) plans is back in the spotlight, and the question isn’t just can it be done, it’s should it be done, and who will choose it? The
M&A Market Trends: How AI Is Shaping Deal Activity
Artificial Intelligence (AI) has emerged as a key strategic focus across industries, regardless of their size or domain. Amid a challenging dealmaking environment marked by uncertainty and volatility, AI has been a rare bright spot,
BGL: Power-Hungry AI Drives Cooling Consolidation
A new report from Brown Gibbons Lang (BGL) shows that strong demand for data‑center cooling, power management and instrumentation has positioned the HVAC‑equipment sector for consolidation. Driving the surge, the report notes that exponential data‑center
BCG: Private Equity Infrastructure Investment Gains Momentum
Private equity investment in infrastructure is showing renewed strength as macroeconomic uncertainties stabilize, according to the latest Infrastructure Strategy 2025 report by Boston Consulting Group (BCG). According to BCG, the private infrastructure market, which has
Private Equity on the Rebound
A global private equity (PE) revival is taking shape as dealmaking gains traction, though sluggish fundraising continues to present challenges, according to Bain & Company’s 16th annual Global PE Report. The report highlights a resurgence
Lindsay Goldberg Launches Chemical Distribution Platform
Lindsay Goldberg has agreed to acquire EMCO Chemical Distributors, a Wisconsin-based industrial and specialty chemical distributor. EMCO supplies over 5,000 chemical SKUs, including solvents, acids,
New Cop on the Block: Align Buys Advantage Investigations
Align Capital Partners (ACP) has acquired Advantage Investigations, a provider of insurance investigative services, from MD Holdings. Advantage Investigations’ services are used by national and
Southfield’s Osprey Landscape Group Acquires Earthworks
Osprey Landscape Group, a portfolio company of Southfield Capital, has acquired Earthworks, a Texas-based provider of commercial landscaping services. This marks Osprey’s third acquisition since
More Private Equity News
Big Rig? Big Repair? Call Tricor’s Big Country
Palm Peak Sees the Light
SkyKnight Acquires Force Electrical
TJC Closes Sale of Anchor Packaging to Georgia Pacific
Incline’s Accredited Labs Gets $300 Million to Continue Growth
LDR Continues Building Industrial Controls Platform
SK and Edgewater Sell Luxium to AEA’s Excelitas Technologies
New Funds
Insignia Hard Caps Fund III
Insignia Capital Group has closed its third fund, Insignia Capital Partners III LP, with over $500 million in capital commitments. The new fund surpassed its
Integrum Soars to Close on Fund II
Integrum Holdings has completed the final close of its second flagship vehicle, Integrum Capital Partners II LP, with total capital commitments of $2.5 billion. The new
Abacus Holds Final Close for Inaugural SBIC Fund
Abacus Finance Group has held a final and oversubscribed close of its first Small Business Investment Company vehicle, Abacus Finance SBIC Fund I LP (Fund
Diversis Hard Caps Third Fund at $1.2 Billion
Diversis Capital has held an above-target and hard-cap close of its third fund, Diversis Capital Partners III LP, with more than $1.2 billion in total
People on the Move
Busy Branford Castle Expands Investment Team
MiddleGround Appoints Managing Director to Lead Exit Strategies
Monroe Capital Continues Business Development Build
