American Securities has held a closing of its sixth fund, American Securities Partners VI, L.P., with total capital commitments of $3.6 billion. The fund closed above its $3 billion target and more than 50% larger than its $2.3 billion predecessor, American Securities Partners V, L.P. Investors in the new fund include some of the world’s […]
Archives for June 26, 2012
Main Street Capital Invests in Phantom Fireworks
Main Street Capital announced today that it has made an investment of $10 million in second lien secured debt of the B.J. Alan Company d/b/a Phantom Fireworks. The investment refinances existing second lien debt and provides growth financing to Phantom Fireworks. Phantom Fireworks is the nation’s largest showroom fireworks retailer and second largest importer, wholesaler […]
ClearLight Partners Acquires Consumer Safety Technology
ClearLight Partners announced today that it has acquired a significant ownership interest in Consumer Safety Technology, a manufacturer of the Intoxalock brand of breath alcohol monitoring devices. “Consumer Safety Technology has developed industry-leading technology and has displayed a strong and consistent track record of impressive growth. We look forward to providing the capital to support […]
Tenex Capital and McCarthy Capital Invest in Medical Solutions
Medical Solutions, a national healthcare staffing company, today announced the completion of an investment by Tenex Capital Management and McCarthy Capital. “We are excited at the prospect of working with a well-positioned industry leader and its ability to fill a gap in the current marketplace,” said Varun Bedi, managing director and principal at Tenex Capital […]
Brynwood Partners Acquires White Rain
Brynwood Partners and The Sun Products Corporation announced today that Brynwood’s portfolio company, High Ridge Brands, has signed an agreement to acquire the rights to the White Rain personal care brand from Sun Products. Additionally, as part of the transaction, High Ridge Brands is acquiring the Adorn, The Dry Look, Mink and Toni brands. “The […]
