Blue Point Capital Partners has acquired The Hilsinger Company, a designer, manufacturer and distributor of eyewear and eye care accessories, supplies and equipment. Hilsinger represents the second platform investment for Blue Point III, the firm’s third middle-market buyout fund. Hilsinger supplies more than 20,000 products to independent eye care professionals and optical chains in a…...
Archives for May 28, 2014
Blackstone Acquires Outerstuff
Outerstuff, a designer, manufacturer and marketer of licensed children’s sports apparel for all of the major sports leagues in North America, today announced that it has closed an investment with Blackstone. Blackstone will invest alongside founder and CEO Sol Werdiger, who will roll over equity in the transaction, and Blackstone will share equal economics and…...
Rosewood Private Investments Acquires MultiCam
Rosewood Private Investments has acquired MultiCam, a portfolio company of Blue Sage Capital and a manufacturer of computer numeric controlled cutting machines. Blue Sage first invested in MultiCam in April 2008. MultiCam manufactures and distributes computer numeric controlled (CNC) cutting machines including routers, plasma, laser, water jet and knife cutting machines. Through its network of…...
Advent International Exits Vinnolit
Westlake Chemical Corporation has signed an agreement to acquire German-based Vinnolit Holdings GmbH and its subsidiary companies from Advent International for €490 million. The transaction is expected to close in the third quarter of 2014. Advent International first invested in Vinnolit in July 2000. Vinnolit is an integrated manufacturer of specialty polyvinyl chloride (“PVC”) resins. …...
Ancor Acquires Identity Group Holdings
Ancor Capital Partners, Merit Capital Partners and PNC Mezzanine Capital have acquired Identity Group Holdings Corporation, a manufacturer of identity products. Identity Group manufactures custom identity products engineered to communicate a brand, message, location, or creative theme, and is best known for manufacturing and marketing customized interior signs. Identity Group’s customization capabilities allow it to…...