Westminster Foods, a portfolio company of LaSalle Capital, has acquired syrup maker H. Fox & Co. This add-on acquisition expands Westminster’s existing sauce, syrup and condiment business. H. Fox & Co. is a manufacturer of chocolate and other flavored syrups sold through retail and foodservice channels under the Fox’s and Fox’s U-bet brands. The company […]
Archives for August 23, 2016
Getting Your Cyber House In Order
The issue of cybersecurity, and the rising, fast-evolving threat of cyber-attacks, is high on the agenda for many private equity managers. The threat is relatively new, often poorly understood, and the consequences – financial, regulatory, and reputational – can be severe. Cybersecurity is the process of applying security measures to ensure the confidentiality, integrity, and […]
Weller Acquires KFI Seating
Weller Equity Partners has acquired KFI Seating, a manufacturer and distributor of moderately priced seating and table products used in the educational, hospitality, commercial, and government end markets. KFI Seating has approximately 750 SKUs and has a a 160,000 sq. ft. manufacturing, warehouse and headquarters facility in Louisville. The company was founded in 1978 (www.kfiseating.com). “We have been […]
Audax Exits Laborie Medical Technologies
Audax Private Equity has agreed to sell Laborie Medical Technologies to Patricia Industries, a wholly-owned subsidiary of Swedish conglomerate Investor AB. Laborie Medical Technologies is a developer, manufacturer and marketer of medical technology and consumables used in urological, pelvic health and gastrointestinal applications. Customers include physician offices, hospitals, and mobile medical services providers. The company […]
Abacus Backs LLCP Buy
Abacus Finance Group, a provider cash-flow senior financing for private equity-sponsored, lower-middle market companies, was the Administrative Agent and Sole Lead Arranger for a $20.5 million senior secured credit facility to support the May 2016 acquisition of Pacific Handy Cutter, a portfolio company of American Capital, by Levine Leichtman Capital Partners (LLCP). Pacific Handy Cutter […]