Arbor Investments has completed the acquisition of The New French Bakery, a maker of branded and private label artisan breads. Arbor partnered with management, led by the company’s VP of Sales, Jeff Getzkin, and Michael Schultz, a baking industry veteran, on this acquisition. Mr. Schultz previously held senior management positions with Best Brands Corporation, a […]
Archives for June 25, 2013
Shore Points and Greyrock Acquire Colyar Consulting Group
Shore Points Capital and Greyrock Capital Group have acquired Colyar Consulting Group, a provider of software and consulting services used by states to manage their participation in federal child nutrition programs. This investment represents the fifth investment in standalone software businesses sponsored by the principals of Shore Points Capital, and the second in partnership with […]
Signal Hill Acquires Romet
Signal Hill Equity Partners has acquired Romet Limited, a manufacturer of rotary gas meters. Romet is a precision manufacturer of positive displacement rotary gas meters, electronic volume and temperature instrumentation and auxiliary equipment. Romet sells its products to utilities and distributors in Canada, United States, India and Asia. The company was founded in 1972 and […]
OMERS Exits United States Infrastructure
OMERS Private Equity has agreed to sell United States Infrastructure Corporation, a provider of outsourced utility locating services, to Leonard Green & Partners. Committed debt financing has been provided by Deutsche Bank, General Electric Capital Corporation and RBC Capital Markets. The transaction is expected to close in the third quarter of 2013. United States Infrastructure […]
Lone Star Funds Acquire Lafarge’s North American Gypsum Division
Lafarge has sold its North America’s Gypsum division to the Lone Star Funds at an enterprise value of $700 million. Lafarge North America’s Gypsum division manufactures gypsum wallboards and joint compounds throughout a network of plants in the United States and Canada. The division’s products are used for commercial, residential, and renovation projects throughout much […]
Avista Capital Partners Acquires Telular Corporation
Avista Capital Partners has completed its previously announced acquisition of Telular Corporation, a provider of remote monitoring and asset tracking services. Telular Corporation (NASDAQ: WRLS) provides remote monitoring and asset tracking services for business and residential customers, enabling security systems and industrial applications to exchange information wirelessly, typically through cellular and satellite technology. The company […]
Clearview Capital’s Fund 3 Hits Hard Cap of $325 Million
Clearview Capital has held a final closing of Clearview Capital Fund III, LP with $325 million of capital commitments. The fundraise was oversubscribed and the closing was at the fund’s hardcap. Atlantic‐Pacific Capital was the placement agent for Clearview Capital. “We are extremely pleased with the strong support we received from existing and new investors […]
Capital Overhang Looms Less Large
The private equity overhang — the amount of capital raised by private equity funds that remains uncalled and available for investment — is down a substantial amount from its peak, according to recent research by Cambridge Associates. The overhang declined from a peak of $445 billion at the end of 2009 to approximately $325 billion […]