Hancock Park Associates and Next Point Capital have acquired Sheffield Manufacturing, a producer of precision-machined components for the aerospace industry. “We are thrilled to invest in such a high quality company. Sheffield is well-positioned within the industry and we are very bullish on the company’s future prospects,” said Mike Fourticq, Sr., Managing Partner of Hancock […]
Archives for July 10, 2013
GI Partners Exits SoftLayer Technologies
GI Partners has completed the sale of its portfolio company, SoftLayer Technologies, a cloud computing infrastructure provider, to IBM. GI Partners first invested in SoftLayer in May 2006. SoftLayer Technologies (formerly known as The Planet) provides internet infrastructure services including cloud computing, managed and unmanaged dedicated bare metal servers, and related services. SoftLayer operates 13 […]
Graycliff Partners Invests in Moss
Graycliff Partners has completed a subordinated debt investment in Moss, a designer and manufacturer of trade show structures and a portfolio company of Century Park Capital Partners since 2008. Moss is a designer and manufacturer of tension fabric structures and display hardware for trade show exhibits, events, and retail stores. The company was founded in […]
Patriot Closes Third Fund at $250 Million
Patriot Capital has closed its fourth SBIC fund, Patriot Capital III SBIC, LP, with $250 million of capital commitments. The new fund received capital commitments from both existing and new institutional investors and it exceeded its capital raise target by over 20%. “We are very pleased with the overwhelming support of our existing investors as […]
Behrman Completes Dividend Recap of Atherotech
Behrman Capital has completed a dividend recapitalization of its portfolio company Atherotech. Behrman Capital acquired Atherotech, a provider of cardiometabolic testing services, in December 2010. The Atherotech recapitalization was led by Madison Capital Funding and Regions Bank, and included a new term loan and revolving credit facility. Proceeds from the recapitalization were used, along with […]
