Brynwood Partners – through its seventh fund, Brynwood Partners VII LP – has signed an agreement to acquire Sunny Delight Beverages from Winter Street Opportunities Fund, an investment fund managed by JW Childs Associates. The Sunny Delight brand was acquired by JW Childs from Procter & Gamble in 2004. This transaction is expected to close […]
Archives for January 14, 2016
Mason Wells Adds-on to Pacon
Pacon Corporation – a supplier of education and arts & crafts products – has acquired the assets and trade names of The Chenille Kraft Company. Pacon has been a portfolio company of Mason Wells since November 2011. The Chenille Kraft Company serves the education market with a range of arts & crafts products, including WonderFoam, […]
Halifax Exits NPC Guardian
The Halifax Group has signed an agreement to sell its portfolio company, NPC Guardian Holdings, to bioscience company The Chr. Hansen Group at an enterprise valuation of $185 million. Closing is expected by the end of the first quarter of 2016. NPC Guardian owns Nutrition Physiology Holdings and Guardian Food Technologies and together they are […]
Audax Acquires Lifemark Health and Viewpoint Medical
Audax Group has acquired the Lifemark Health and Viewpoint Medical Assessments divisions of Centric Health Corporation for total cash consideration of C$245 million, subject to working capital adjustments, plus up to C$5 million in contingent consideration based on the operating performance of the two divisions. Lifemark Health provides physiotherapy and rehabilitation treatment to patients in […]
Dubin Clark Recaps Action Target
Action Target, a portfolio company of Dubin Clark since 2008, has been recapitalized with the backing of its senior lender Zions Bank, Praesidian Capital and Kemper Corporation. Praesidian and Kemper provided a senior mezzanine debt facility. Action Target designs, engineers, manufactures and installs shooting range equipment primarily for law enforcement, military and, to a smaller […]
Trivest Gets New Partner
Trivest Partners has promoted Jorge Gross to Partner. Mr. Gross joined Trivest in 2006 and was previously a Principal at the firm. He has worked closely with several successful Trivest investments including AM Conservation, ATX Networks and Hazmasters. “Jorge’s hard work and devotion to Trivest have been an important part of the firm’s strong growth […]