Kellwood Company, a portfolio company of Sun Capital Partners, has sold its subsidiary American Recreation Products to Exxel Outdoors. American Recreation Products (American Rec) makes and markets outdoor gear including tents, backpacks, sleeping bags, outdoor clothing, outdoor furniture, and related camping accessories. American Rec’s family of brands includes Kelty, Sierra Designs, Slumberjack, Wenzel, Ultimate Direction, […]
Archives for April 7, 2015
Tonka Bay Invests in NuSource
Tonka Bay Equity Partners has made an investment in NuSource Financial, a provider of ATM services, equipment, and commercial security systems. The acquisition of NuSource is Tonka Bay’s seventh platform company investment in Fund III. NuSource has approximately 85 employees and provides its services to more than 600 financial institutions across 19 states. The company […]
GE Antares backs Irving Place Buy of Bendon
GE Antares was the administrative agent on a $138 million senior secured credit facility to support the recent acquisition by Irving Place Capital of Bendon, a provider of non-licensed and licensed children’s coloring and activity products, from The Wicks Group. GE Capital Markets served as joint lead arranger and joint bookrunner on this facility. “GE […]
Ken Hirsch Joins Blackhill Partners
Blackhill Partners, a Dallas-based investment bank that specializes in complex situations, has appointed Ken Hirsch as a Managing Director. In addition to advising clients on strategic and financial issues, Mr. Hirsch will also be responsible for leading the build-out of the firm’s capital raising practice. Mr. Hirsch has more than 30 years of investment and […]