Akoya Capital Partners and Hillcrest Holdings have acquired Evolver and eVigilant, two Virginia-based security companies, to form Converged Security Solutions. Converged Security Solutions (CSS) provides both cyber and physical security services including surveillance, building access control, intrusion detection, mass notification, perimeter screening, barriers, gate controls, biometric technology, and visitor management systems. The company’s services include […]
Archives for October 2018
Southfield Closes Dividend Recap of Vanguard
Southfield Capital has completed a dividend recapitalization of its portfolio company, Vanguard Dealer Services. Vanguard is an agent and administrator of finance and insurance (F&I) products and services to franchised automobile dealers. Vanguard offers a portfolio of proprietary and third-party auto extended warranty (vehicle service contracts) and ancillary products such as tire protection, key replacement, […]
GI Adds to Legal Services Platform
Consilio, a portfolio company of GI Partners, has acquired DiscoverReady, a provider of legal support services. In April 2018, GI Partners formed Consilio through the acquisitions of two legal services providers – Advanced Discovery, a portfolio company of Trivest Partners, and Consilio, a portfolio company of Shamrock Partners and Trinity Hunt. Today, Consilio is a […]
Audax Closes First Dancewear Add-on
Revolution Dancewear, a portfolio company of Audax Private Equity, has acquired International Dance Supplies, Ltd (IDS). The buy of IDS is the first add-on acquisition by Revolution since being acquired by Audax in July 2018 from Incline Equity Partners. International Dance Supplies is a wholesaler and retailer of dancewear, dance shoes, dance costumes and accessories. […]
Artemis Acquires Superior Technical Ceramics
Superior Technical Ceramics, a maker of ceramic materials used in harsh operating environments, has been acquired by Artemis Capital Partners. Superior Technical Ceramics (STC) is a provider of ceramic materials that are used in a range of industries, including aerospace, defense, analytical instrumentation, energy, oil and gas, and semiconductor processing. The company’s materials offer distinct […]
Calera Acquires Healthcare Laundry Service
Calera Capital has acquired a majority equity interest in ImageFIRST, a provider of laundry services to the healthcare industry. ImageFIRST is a national linen rental and laundry services company specializing in the healthcare market. The company has 36 locations nationwide and serves over 11,000 medical facilities every week providing linen, patient gowns, scrubs and other […]
Altas Partners Buys Tecta America
Altas Partners has agreed to acquire Tecta America Corporation from ONCAP, the mid-market private equity platform of Onex Corporation. ONCAP acquired a majority position in Tecta America in August 2016 from Oaktree Capital Management for $280 million. Tecta America is a provider of commercial roofing contracting services to national and local customers across a range […]
J.F. Lehman Acquires IMIA
J.F. Lehman & Company has acquired International Marine & Industrial Applicators, LLC and Craft and Technical Solutions, LLC (collectively IMIA) from IMIA Group. IMIA provides vessel preservation services to hulls, tanks and other coated areas on US Navy submarines, aircraft carriers, and other combat vessels as well as commercial vessels. The core services of the […]
Sentinel Buys Holley from Lincolnshire
Driven Performance Brands, a portfolio company of Sentinel Capital Partners, has acquired Holley Performance Products, a maker of branded performance products for automotive enthusiasts, from Lincolnshire Management. Holley Performance Products is a marketer and supplier of high-performance carburetors, manifolds, superchargers, water pumps, fuel injectors and fuel pumps for street and race applications. The company’s products […]
Svoboda Adds to Team
Svoboda Capital Partners has added Justin Demes to its investment team as a Principal. He will be responsible for sourcing and evaluating potential investment opportunities, leading due diligence, structuring and negotiating transactions, and managing portfolio company investments. Prior to joining Svoboda Capital, Mr. Demes was a partner at Grand Crossing Capital, a family-office backed private […]
BelHealth Adds to Geritrex
Geritrex, a portfolio company of BelHealth Investment Partners since July 2015, has acquired Unipack. Unipack is a private label manufacturer and distributor of over-the-counter pharmaceuticals. Unipack’s primary products, sold through large retail chains, include suppositories as well as topical ointments and creams. Unipack was founded in 1981 by brothers Harilal and Dinesh Patel and is […]
Sverica Invests in Gorilla Logic
Sverica Capital Management has made an investment in Gorilla Logic. This investment is Sverica’s seventh platform investment from its fourth fund which closed in March 2016 at its hard cap of $275 million. Gorilla Logic provides software development and consulting services. The company’s capabilities include user interface design (UI) and user experience (UX) development; front […]
Palladium Adds Morley Candy to Kar’s Nuts
Kar’s Nuts, a portfolio company of Palladium Equity Partners, has acquired Morley Candy Makers. Palladium and other Kar’s Nuts equity holders made follow-on investments to back this acquisition. Morley Candy (Sanders) is a maker of premium confections, chocolates, baked goods, dessert toppings and ice cream sold under the Sanders Fine Chocolatiers brand. The company is […]
GTCR Continues Build of Regatta Medical
Regatta Medical, a portfolio company of GTCR, has acquired STI Laser Industries. The buy of STI Laser was made through Resonetics, a subsidiary of Regatta Medical. STI Laser Industries (STI) is a contract medical device manufacturer specializing in laser cutting, micro-machining and finishing of miniature metal components. The company specializes in the manufacture of stents, […]
AUA Keeps Building Indulge Desserts
Indulge Desserts Holdings, a portfolio company of AUA Private Equity Partners, has acquired Joey’s Fine Foods. Joey’s Fine Foods is a family-owned branded manufacturer of dessert snacking products serving club stores, traditional and alternative grocery retailers, and foodservice channels. Approximately 80% of the company’s sales come from its branded products which include Joey’s Famous Black […]
Peak Rock Stays Busy in Food Sector
Peak Rock Capital has acquired Pretzels, Inc., a supplier of pretzels and extruded snack products. This transaction is the firm’s third platform investment in the food sector in the last two months. Pretzels, Inc. is a contract and branded manufacturer of traditional, peanut-butter-filled, flavored, seasonal, and gluten-free pretzels, as well as other extruded snack products […]
Dealer Tire Changes Sponsors
Bain Capital Private Equity has acquired Dealer Tire, a provider of replacement tires to automotive dealerships, from Lindsay Goldberg which acquired the company in December 2014. Dealer Tire is the market leader in the distribution of tires to US automotive dealerships, serving multiple automotive manufacturers representing several brands (including Toyota, Lexus, Mercedes Benz, BMW, Audi […]
Dyal Invests in American Securities
Dyal Capital Partners, a division of Neuberger Berman, has made a minority non-voting investment in American Securities. Dyal’s investment in American Securities will result in no change in the firm’s management, strategy, investment process, or day-to-day operations. American Securities invests in businesses with $200 million to $2 billion of revenue and $50 million to $250 […]