Charlesbank Capital Partners has sold its portfolio company Tecomet, a manufacturer of components for the medical device and aerospace & defense markets, to Genstar Capital. Tecomet is a contract manufacturing, engineering, and technology company specializing in net shape forging, precision machining, photochemical etching, surface texturing, vacuum brazing, laser and electron beam welding, and rapid prototyping. […]
Archives for 2013
Saugatuck Invests in APCT
Saugatuck Capital has made an investment in APCT Holdings, a manufacturer of multilayer printed circuit boards. APCT is a manufacturer of quick-turn, complex, multilayer printed circuit boards. The quick-turn segment is a market niche within the printed circuit board industry that serves original equipment manufacturers and electronic manufacturing services providers who require high quality, time-critical […]
Sun Sells Frontier Spinning to American Securities
Sun Capital Partners has sold its portfolio company Frontier Spinning Mills, a producer of spun yarns for the knitting and weaving industries, to American Securities. Frontier Spinning Mills is one of the world’s largest producers of cotton and cotton/polyester blend yarns for the knitting and weaving industries. Yarn produced by Frontier is used in sportswear, […]
Topspin Exits Hart Systems
Zebra Technologies Corporation has acquired Hart Systems, a provider of physical inventory management services and a portfolio company of Topspin Partners LBO, for approximately $94 million in cash. Topspin acquired Hart Systems in November 2008. Hart Systems is a provider of inventory counting equipment and services to retailers, primarily in the US and Canada. The […]
Sycamore Partners to Acquire The Jones Group
Sycamore Partners has entered into an agreement to acquire The Jones Group for approximately $1.2 billion in equity value. Including net debt the transaction, which is expected to close in the second quarter of 2014, has an enterprise value of $2.2 billion. The Jones Group (NYSE: JNY) is a designer, marketer and wholesaler of over […]