Bemis Company has reached an agreement to sell its pressure sensitive materials business (DBA MACtac) to Platinum Equity for a purchase price of $170 million. This transaction is expected to close during the fourth quarter of 2014. MACtac is a producer of pressure sensitive materials used in a wide range of industries including label printing, […]
Archives for September 9, 2014
Hastings Acquires American Well Service
Extreme Plastics Plus (EPP), a portfolio company of Hastings Equity Partners, has acquired American Well Service. American Well Service (AWS) provides containment and closed loop solids control to energy exploration and production companies throughout the Marcellus and Utica Shales regions. AWS is based southwest of Pittsburgh in Washington, PA (no website found). “At EPP, we […]
Thoma Bravo Closes Majority Investment in SailPoint
Thoma Bravo has closed its previously announced majority investment in SailPoint, a provider of identity and access management (IAM) services. SailPoint products and services are used to deliver and manage user access from any device to data and applications residing in the datacenter, on mobile devices, and in the cloud. The company’s product portfolio offers […]
Audax and CapStreet Acquire Pacific Insulation
Distribution International, a portfolio company of Audax Private Equity and The CapStreet Group, has acquired Pacific Insulation Company. Distribution International (DI) was acquired by the two private equity firms in August 2010 from Grey Mountain Partners. Pacific Insulation Company is a distributor and fabricator of industrial and commercial insulation. The company also offers refractory products, […]
Carlyle Closes Asia Fund at $3.9 Billion
The Carlyle Group has held a final close of Carlyle Asia Partners IV (CAP IV) at $3.9 billion, more than 50% larger than its predecessor fund. Carlyle’s Asia buyout funds make control and significant minority investments in companies across the Asia ex-Japan region. Through June 2014, Carlyle has invested $14.1 billion in equity throughout the […]