Castle Harlan has acquired Tensar Corporation, a provider of specialty products and engineering services, from Arcapita which fist invested in Tensar in November 2005. Tensar offers products and services that provide soil stabilization, earth retention, foundation support and erosion and sediment control. Customers include commercial, industrial and residential site developers, resource extractors, transportation authorities, coastal […]
Archives for July 10, 2014
Platinum Equity Sells Wheel Pros to Audax
Platinum Equity has sold its portfolio company Wheel Pros, a designer and distributor of wheels and tires, to Audax Private Equity. Wheel Pros is a designer, marketer, and distributor of branded aftermarket wheels, primarily for light trucks and similar vehicles. The company also distributes performance tires and accessories. The company is headquartered in Denver (www.wheelpros.com). […]
Charlesbank Closes Fund 8 at Hard Cap
Charlesbank Capital Partners has closed Charlesbank Equity Fund VIII at its hard cap of $1.75 billion in capital commitments. Marketing for the new fund began in early April, with a target of $1.5 billion, and Charlesbank reached the hard cap at the end of June. With most investors returning from the firm’s previous funds, Charlesbank […]
EY – Unit Volume of Deals Steady, Valuations Up
Multi-billion dollar deals across a variety of sectors dominated headlines throughout the first half of 2014, and despite virtually flat US deal volumes rising deal values could be indicative of an M&A rebound to come, according to EY Transaction Advisory Services. “Big deals mean that confidence is returning to the boardroom. That – coupled with […]
