Rogers Mechanical Adds-On Again

Rogers Mechanical Adds-On Again

Rogers Mechanical Contractors, a portfolio company of Aterian Investment Partners and Craft Work Capital Partners, has acquired Coastal Mechanical Services. Aterian partnered with Craft Work Capital (Aterian/Craft Work) in 2019 to make investments in the mechanical and electrical contracting industries. In September 2020, Aterian/Craft Work made its first acquisition with the buy of Rogers Mechanical, […]

Gryphon’s Shermco Continues Northwest Expansion

Gryphon’s Shermco Continues Northwest Expansion

Shermco Industries, a portfolio company of Gryphon Investors, has acquired Sigma Six Solutions and Innovative Electric, both are providers of specialty electrical services. Gryphon acquired Shermco in June 2018 from Oaktree Capital Management. Washington-based Sigma Six provides commercial and industrial electrical testing, repair and maintenance services; and Innovative Electric, also based in Washington, is a […]

Sky Island’s Polished Metals Heads West

Sky Island’s Polished Metals Heads West

Polished Metals Limited, a Sky Island Capital portfolio company, has acquired Pride Metal Polishing. Polished Metals is one of the country’s largest polishers and suppliers of architectural and ornamental metals used in the architecture and design, elevators, escalators, and transportation sectors. The company’s metal capabilities include stainless steel, brass, bronze, aluminum, and copper and its […]

Yellow Wood Closes Buy of Scholl

Yellow Wood Closes Buy of Scholl

Scholl’s Wellness Company, a portfolio company of Yellow Wood Partners, has closed its acquisition of the Scholl footcare brand, which operates globally outside of the Americas, from consumer-goods company Reckitt Benckiser. The buy of Scholl reunites the business with the Dr. Scholl’s brand after 37 years of separate ownership. With the close of this acquisition, […]

Keystone Capital Closes Debut Institutional Fund

Keystone Capital Closes Debut Institutional Fund

Keystone Capital has held a first and final close of its debut institutional fund, Keystone Capital Fund II LP, with $420 million of capital commitments. Chicago-headquartered Keystone was founded in 1994 by Kent Dauten and Scott Gwilliam to launch Record Masters as a platform in the health records management sector. In early 1995, Record Masters […]

Multi-Strategy Paceline Closes Fund

Multi-Strategy Paceline Closes Fund

Paceline Equity Partners has held a final closing of Paceline Equity Partners Opportunity Fund I LP and a sister fund with $350 million of total capital. Institutional investors in Fund I include sovereign wealth funds, public pension funds, university endowments, family offices and funds of funds from North America, Europe, and the Middle East. Dallas-based […]

Atlas Sells Banker Steel to DBM

Atlas Sells Banker Steel to DBM

Atlas Holdings has completed the sale of Banker Steel to DBM Global for an enterprise valuation of $145 million. Banker Steel is a fabricator of structural steel components used in commercial and infrastructure projects. The company provides fabricated structural steel for the entire east coast construction market and nationwide steel erection services. Selected projects for […]

CORE Closes Big Add-On for Arizona Natural

CORE Closes Big Add-On for Arizona Natural

Arizona Natural Resources, a portfolio company of CORE Industrial Partners, has acquired Marianna Beauty Holdings. CORE acquired Arizona Natural Resources in June 2020. Marianna Beauty is a custom manufacturer, formulator and distributor of shampoos, conditioners, hair gels and sprays, hair color, hand lotions, body washes, manicure and pedicure products, and nail polish remover. The company’s […]

GS Foods Adds On Again

GS Foods Adds On Again

GS Foods Group, a portfolio company of Highview Capital and A&M Capital Partners, has acquired School Lunch Products. School Lunch Products (SLP), led by President Mike Fackler, is a K-12 foodservice distribution company serving school districts in Shafter, California (located north of Bakersfield) with commodity and commercial food products. Highview and Alvarez & Marsal formed […]

HarbourVest Closes New Credit Fund

HarbourVest Closes New Credit Fund

HarbourVest Partners has held a final close of Credit Opportunities Fund II LP (COF II) with $833 million of capital. The new fund was oversubscribed and closed above its target of $600 million. COF II was supported by numerous worldwide institutional limited partners including public and private pension funds, insurance companies, endowments, family offices, and […]