Arsenal Capital Partners’ portfolio company Accella Performance Materials (rebranded from Dash Multi-Corp) has acquired RTH Processing and RDT Manufacturing. The acquired companies will be owned by Ultimate RB, a new wholly owned subsidiary of Accella Performance Materials. “RTH Processing and RDT Manufacturing have a long history of innovation in the custom colored EPDM and recycled […]
Archives for May 7, 2014
Wind Point Acquires Stevens Urethane
Wind Point Partners’ portfolio company Argotec has acquired Stevens Urethane, a division of JPS Industries. This is the first add-on acquisition for Argotec since being acquired by Wind Point in May 2013. “Part of our original value creation plan at Argotec was to acquire businesses that gave Argotec access to new customers and new products. […]
Encore Exits PhillySwirl
Encore Consumer Capital has sold its portfolio company Swirl Holdings (DBA PhillySwirl), a manufacturer and marketer of frozen novelty products, to J&J Snack Foods (NASDAQ: JJSF). PhillySwirl is a niche manufacturer and marketer of kid-oriented frozen novelty products sold through club stores and retail grocery stores. PhillySwirl’s annual revenues are approximately $25 million. The company […]
Wind Point and Teachers Acquire Lance Private Brands
Shearer’s Foods, a portfolio company of Wind Point Partners and Ontario Teachers’ Pension Plan (Teachers’), has signed an agreement to acquire Lance Private Brands, a private label manufacturer of cookies, crackers and wafers, from Snyder’s-Lance (NASDAQ:LNCE). The transaction is expected to close in the second quarter of 2014. Lance Private Brands is a private label […]
Post Capital Acquires Waste Management Puerto Rico Operations
An investment group led by Post Capital Partners has acquired the solid waste operations of Waste Management (NYSE: WM) in Puerto Rico. Joining Post in the investment group is 30-year waste management industry veteran Randy Jensen. Waste Management will remain an investor in the new company, which is called EC Waste. The transaction also includes […]