Boathouse Capital has partnered with the management team and employees of MIS Training Institute to acquire the US and UK operations of the company from its parent, Euromoney Institutional Investor PLC. The acquisition and carve-out was completed through the formation of an employee stock ownership plan. MIS Training Institute was founded in 1978 and is…...
Archives for April 3, 2014
Victory Park Acquires Surefire
Victory Park Capital has acquired nearly all of the assets of Surefire Industries USA, a maker of equipment used in the oil and gas industry. Post closing, Victory Park will operate the business under the name Surefire Industries, LLC. Surefire Industries manufactures and supplies equipment for onshore and offshore hydraulic fracturing, coiled tubing, cementing, nitrogen…...
Ancor and Merit Exit Carex Health
Ancor Capital Partners and Merit Capital Partners have sold their portfolio company Carex Health Brands to Roscoe Medical, a portfolio company of Tenex Capital Management. Carex Health Brands sells home healthcare products including home medical equipment, medication compliance, and reusable hot/cold products sold through pharmaceutical wholesalers, durable medical equipment dealers and national retail FDM (food,…...
Spire Capital Acquires Iron Data’s TSM Division
Spire Capital has acquired Accuship.com, LLC, the transportation spend management division of Iron Data Solutions (Iron Data TSM). This investment marks Spire’s third transaction for its third fund, Spire Capital Partners III. Iron Data TSM provides software-enabled transportation spend management services that allow its customer to optimize their transportation spend. The company serves multiple end…...
Eric Rahe Joins J.C. Flowers from CD&R
J.C. Flowers & Co. has added Eric Rahe to its team as a new Managing Director in New York. “Eric’s experience makes him an excellent fit for our sector-focused investment strategy,” said J. Christopher Flowers, Chief Executive Officer of J.C. Flowers & Co. “He brings considerable depth in both balance sheet and services‐oriented sectors of…...
