Clayton, Dubilier & Rice (CD&R) has agreed to acquire Ashland Water Technologies, a supplier of specialty chemicals used in water treatment, for $1.8 billion. Ashland Water Technologies is a division of Ashland, Inc. “Ashland Water Technologies has many attractive features, including a very strong competitive position which reflects its global scale, deep set of service…...
Archives for February 18, 2014
Rockwood Acquires Dell Fastener
AFC Industries, a portfolio company of Rockwood Equity Partners, has acquired Dell Fastener Corporation. Rockwood first invested in AFC Industries in February 2012. Dell Fastener is a distributor of fasteners to original equipment manufacturers worldwide. The company also provides logistics services such as special packaging, kitting, and drop shipments. Dell Fastener is headquartered in Pittsburgh…...
Riverside Acquires Pence & Associates
Paradigm Tax Group, a portfolio company of the Riverside Company, has acquired Pence & Associates. This is the third add-on acquisition Riverside has completed for Paradigm since acquiring the company in November 2013. The addition of Pence & Associates strengthens Paradigm’s presence in the Midwest. Pence & Associates reviews and appeals commercial real estate and…...
Riverside Exits Vokes-Air Group
The Riverside Company has sold Vokes-Air Group to MANN+HUMMEL GmbH, a filtration company headquartered in Germany. Vokes-Air Group was acquired by Riverside in July 2008 though a corporate care-out with SPX Corporation. Vokes-Air Group is a provider of air filtration products for a variety of commercial and industrial applications, ranging from HVAC to power plants…...
Apollo Completes Buy of CEC Entertainment
Apollo Global Management has completed its acquisition of CEC Entertainment, a family dining and entertainment company and the operator of 577 Chuck E. Cheese’s stores. “We are excited to announce the completion of this transaction,” said Scott Ross, Partner at Apollo. “We look forward to working alongside CEC’s strong management team, dedicated employees and franchise…...