Chicago Pros Form Turnout Capital

Chicago Pros Form Turnout Capital

Turnout Capital, a new lower middle-market private equity firm, has been formed to invest junior capital in small, growing businesses across a range of sectors. Turnout makes both control and non-control investments of subordinated debt and equity in North American-based companies with $5 million to $50 million of annual revenue and at least $1 million […]

Ampersand Closes New Fund, Acquires Three Portfolio Companies

Ampersand Closes New Fund, Acquires Three Portfolio Companies

Ampersand Capital Partners has closed its oversubscribed $670 million Ampersand Continuation Fund LP and other related vehicles (together ACF). Ampersand formed ACF to acquire the equity interests of three portfolio companies – highlighted by Confluent Medical Technologies – that were held by earlier and now mature Ampersand funds. As part of ACF’s fundraising, Ampersand provided […]

GI Buys Valet Living from Ares and Harvest

GI Buys Valet Living from Ares and Harvest

Ares Management and Harvest Partners have sold Valet Living, a provider of multi-family residential services, to GI Partners. Valet Living’s services include doorstep waste and recycling collection, maintenance services, apartment cleaning, apartment turns, porter services, pet services, and other app-driven on-demand amenity services. The company’s customers includes both property managers and residents, and it serves […]

Eureka Closes New Fund IV Platform

Eureka Closes New Fund IV Platform

Eureka Equity Partners has acquired Perfect Creation (DBA iPEC Coaching), a provider of training and certification services to the professional coaching industry. iPEC provides continuing education and certifications to its students through both virtual and live training formats in 20 training locations in North America, Europe, and Asia. iPEC’s areas of specialization include training for […]

Turnspire Closes Buy of Goodyear Air Springs

Turnspire Closes Buy of Goodyear Air Springs

Turnspire Capital Partners has formed Infinity Engineered Products (IEP) to acquire the Goodyear Air Springs business from publicly traded EnPro Industries. Goodyear air springs are used by original equipment manufacturers and fleet operators for trucks, trailers, buses, and specialty vehicles. The company’s products are sold under an exclusive license from Akron-based Goodyear Tire & Rubber which […]

Live Cat Bounce

Live Cat Bounce

Transactions completed in the third quarter of 2020 suggest a market stunned by the pandemic, but with a cat-like capacity to land on its feet. GF Data’s 228 active private equity contributors completed 50 transactions in the quarter meeting the data tracking firm’s parameters – Total Enterprise Value (TEV) of $10 million to $250 million […]

Gryphon’s Fund V Acquires Vessco

Gryphon’s Fund V Acquires Vessco

O2 Investment Partners has sold wastewater equipment distributor Vessco to Gryphon Investors. Vessco is a distributor of parts and equipment used in municipal and industrial water and wastewater treatment projects, and it also provides related systems integration services. The company’s water treatment services include initial consultation and design, installation assistance, field service and parts delivery. […]

Berwind Sells WellPet to Clearlake

Berwind Sells WellPet to Clearlake

Clearlake Capital Group has agreed to acquire Wellness Pet Food from Berwind Corporation. WellPet is a supplier of premium pet food and treats under several brand names including Wellness, Old Mother Hubbard, WHIMZEES, Eagle Pack, Holistic Select, and Sojos. According to WellPet, it is the largest independent North America-based pet food manufacturer, producing proprietary formulations […]

IOP’s Creative Foam Buys Aetna Felt

IOP’s Creative Foam Buys Aetna Felt

Creative Foam Corporation, a portfolio company of Industrial Opportunity Partners, has acquired the assets of Aetna Felt. The buy of Aetna is the first add-on acquisition for Creative Foam since being acquired by IOP in October 2017. Aetna is a converter, fabricator, and distributor of felt and other non-woven materials used in podiatry, foot-care, and […]

Teleo Closes $250 Million Inaugural Fund

Teleo Closes $250 Million Inaugural Fund

TELEO Capital Management has held and oversubscribed hard cap closing of its inaugural fund, TELEO Capital LP, with $250 million of capital. The firm’s first fund received capital from a range of institutional limited partners including endowments, insurance companies, pension funds, fund of funds and family offices. “We are honored to welcome such high-caliber institutional […]

1 2 3 826