First Atlantic Capital has sold its portfolio company TestEquity to LKCM Headwater Investments. First Atlantic acquired TestEquity in December 2012 from Evercore Capital Partners. TestEquity is a distributor of electronic test and measurement equipment as well as laboratory and production supplies. In addition to offering new equipment for sale, rental, or lease, TestEquity also provides […]
Archives for May 11, 2017
Hermitage and Greyrock Buy Bentec
Bentec Medical, a silicone medical device and OEM contract manufacturer, has been acquired by Hermitage Equity Partners and Greyrock Capital Group. Bentec Medical is a designer and manufacturer of silicone-based medical devices, and a provider of OEM contract and engineering services. The company’s silicone products – which include bags, tubing, blocks, drains, catheters, dilators, sheeting […]
Audax and Harvest Form APC Automotive
Harvest Partners and Audax Private Equity have completed the combination of AP Emissions Technologies and Centric Parts to form APC Automotive Technologies (APC). As part of the transaction, Harvest provided a new equity investment into the combined business and Audax retained a significant ownership stake in APC. On a combined basis, APC is a supplier […]
Heather Smith to Head Structured Equity at HL
The capital markets group of investment bank Houlihan Lokey has hired Heather Smith as a Managing Director and Head of Structured Equity. Ms. Smith will focus on providing equity capital to corporate and financial sponsor backed clients for acquisition finance, growth capital and balance sheet recapitalizations. She is based in the firm’s New York office. […]