Spectrum Plastics, a portfolio company of Spell Capital Partners, has been acquired by Pexco, a portfolio company of Odyssey Investment Partners. Spectrum Plastics is a precision injection molder of advanced thermoplastics selling primarily into the medical and surgical, defense, and aerospace fields. The company employs approximately 160 individuals within a 105,000 square foot facility, featuring […]
Archives for September 5, 2013
Brookfield Asset Management Exits Ainsworth Lumber
Louisiana-Pacific Corporation (LP) and Ainsworth Lumber Co. today announced that they have signed an agreement under which LP will acquire all of the outstanding common shares of Ainsworth for a total consideration of C$3.76 per Ainsworth common share or a total equity value of approximately US$1.1 billion. Ainsworth Lumber Co. is 54% owned by Brookfield […]
Carlyle Group Acquires Eight Manufacturing Facilities from Unison Engine Components
The Carlyle Group announced that its portfolio company Dynamic Precision Group has signed an agreement to acquire eight aerospace component fabrication and machining facilities located on three sites in the US, Canada and the UK, which design, manufacture and integrate components and systems for aircraft engines and airframes from Unison Engine Components, a subsidiary of […]
MidOcean Partners Exits Bushnell
MidOcean Partners has an agreement to sell Bushnell Group Holdings, a provider of branded sports optics, outdoor accessories, and performance eyewear, to Alliant Techsystems, the world’s largest ammunition maker, for $985 million in cash. Bushnell offers a portfolio of products such as laser rangefinders, trail cameras, riflescopes, binoculars, hunting and shooting sports accessories, and sun, […]
Champlain Capital Partners Exits Clarity Imaging Technologies
Champlain Capital Partners has sold its portfolio company Clarity Imaging Technologies, a laser toner cartridges company, to Turbon AG. Clarity Imaging Technologies is a developer, marketer and distributor of branded OEM-compatible laser toner cartridges and outsourced printing services. Clarity’s patented “double yield” technology yields twice as many copies-per-cartridge as the comparable OEM cartridge, thereby lowering […]
Forsyth Acquires Vante
Machine Solutions, a portfolio company of Forsyth Capital Investors, has acquired Vante, a medical device company. This is the first add-on acquisition for Machine Solutions since being acquired by Forsyth Capital in November 2011. “Strategic acquisitions are a large part of our growth strategy. The Vante transaction is a perfect first acquisition for Machine Solutions […]
Mason Wells Seeks Specialty Household Products Company
Mason Wells is looking to acquire a platform company in the specialty household products sector. Market trends including demand for convenience, eco-friendly and natural products, high performance and efficacy, and reduced chemical content are a few examples of key industry dynamics that present compelling growth opportunities for companies in the household products sector. According to […]
CIT Backs Latest Harvest Partners TruckPro Add-on
CIT Corporate Finance served as Co-Lead Arranger in a $194.5 million senior secured credit facility to TruckPro, one of the largest independent distributors of heavy duty truck parts in the United States, to finance its acquisition of CCI Corporation. TruckPro is a portfolio company of Harvest Partners. CCI provides drivetrain, power take-off, suspension, brakes, hydraulics […]
Mason Wells Hires Analyst
Michael Graves has joined Mason Wells as an Analyst and will be supporting the partners’ investment activities. In his new position, Mr. Graves is responsible for new investment analysis, financial modeling, market research, due diligence support, and the monitoring of portfolio companies. Prior to joining Mason Wells in 2013, Mr. Graves was an Investment Banking […]