Wind Point Partners has entered into an agreement to sell its portfolio company Hearthside Food Solutions to Goldman Sachs and Vestar Capital. Hearthside Food Solutions was Wind Point’s first acquisition in its most recent fund, Wind Point VII. Wind Point formed Hearthside in April 2009 in partnership with food industry veteran Rich Scalise, whose previous […]
Archives for March 19, 2014
Palm Beach Capital and Logisticap Partners Exit Unitrans
Unitrans International Logistics, a portfolio company of Palm Beach Capital and Logisticap Partners, has been sold to Roadrunner Transportation Systems. Palm Beach Capital and Logisticap first invested in Unitrans in January 2012. Unitrans specializes in providing international logistics services for customers in the life sciences, nutrition, oil and gas, engineering, entertainment, aerospace and defense as […]
Peak Rock Acquires Industrial Division of RJF
Peak Rock Capital has formed ProFusion Industries to acquire the industrial products division of RJF International Corporation. “We are pleased to support ProFusion Industries and its employees in building a leading manufacturer and distributor of polymer-based products, with an impressive reputation for exceptional manufacturing capabilities and customer loyalty,” said Anthony DiSimone, CEO of Peak Rock […]
High Road Staffs Up with Two New Hires
High Road Capital Partners has hired Steven Siwinski as a new Partner and Scott Rubino as a new Vice President. Mr. Siwinski will serve as a finance operating partner, responsible for implementing financial best practices, value creation initiatives, and add-on acquisition integration plans across High Road’s portfolio companies. Mr. Rubino will be responsible for new […]
BB&T Capital Backs Audax Buy of CURT
BB&T Capital Partners has provided subordinated debt and equity to support the acquisition of CURT Manufacturing, a manufacturer and distributor of towing equipment for cars and trucks, by Audax Group. CURT designs, manufactures, and distributes towing equipment and trailer and cargo management accessories for passenger vehicles and trucks. CURT sells its products through installer, distributor, […]