Industrial Opportunity Partners has made an investment in KIC LLC in partnership with the current management team and owners of the company. KIC represents IOP’s third platform investment in Industrial Opportunity Partners II, LP, the firm’s $275 million second fund. IOP is partnering in its investment with Greg Hatton, John Schneider, Omar Fakhoury and Grant…...
Archives for December 17, 2013
Sentinel Capital Partners Purchases Power Products
Sentinel Capital Partners has acquired Power Products, the electrical segment of Actuant Corporation (NYSE:ATU), for $258 million. Power Products is an electrical products company that designs, manufactures and distributes branded electrical tools, consumables, wiring products, harsh-environment power conversion solutions, transformers, inverters, switches, and other related electrical products and accessories. The company serves the construction and…...
BelHealth Acquires Special Design Health Care
Town Total Health, a specialty pharmacy and a portfolio company of BelHealth Investment Partners, has completed the acquisition of Special Design Health Care, a specialty pharmacy. Special Design Health Care is an independent specialty pharmacy serving gastroenterologists and hepatologists and their patients in more than 20 states. The company was founded in 1989 and is…...
Avista Acquires Vertical Pharmaceuticals and Trigen Laboratories
Avista Capital Partners has acquired a majority interest in Vertical/Trigen Holdings, the owner of Vertical Pharmaceuticals and Trigen Laboratories. Avista is partnering with co-founders Steven Squashic, Kevin Hudy, and David Purdy, who will remain in place and retain a significant minority ownership stake in Vertical/Trigen. Vertical/Trigen is a specialty pharmaceutical company engaged in the development,…...
Cortec Group Acquires IOP Ophthalmics
Katena Holdings, a portfolio company of Cortec Group, has acquired Arxa5 Corporation (dba IOP Ophthalmics), a medical technology company providing specialty ophthalmic surgical products. As part of this transaction, IOP’s founders, Jason Malecka and Erich Ziegler, have taken an equity ownership position in Katena. IOP develops, commercializes and distributes specialty ophthalmic surgical products used in…...
