DS Services, a national direct-to-consumer provider of bottled water, office coffee and water filtration services and a portfolio company of Crestview Partners, has entered into an agreement to be acquired by Cott Corporation for approximately $1.25 billion, including the assumption of debt and the issuance of preferred shares to Crestview Partners and other selling shareholders. …...
Archives for November 6, 2014
Ancor Acquires Transhield
Ancor Capital Partners has acquired Transhield, a maker of protective covers for boats, vehicles and equipment during storage or transit. Midwest Mezzanine provided subordinated debt and equity and the senior management team of the company also participated in the transaction. “Transhield is led by a strong management team who chose to reinvest with us and…...
Industrial Growth Partners Acquires Grakon
Industrial Growth Partners has acquired Grakon Holdings, a designer and manufacturer of lighting systems and components sold to the transportation markets. This is the sixth platform investment made by Industrial Growth Partners IV, LP. Grakon’s products include customized interior and exterior LED lighting systems, nameplates and trim components for OEMs in the heavy truck, specialty…...
Endowments and Foundations Embrace PE but Future Muted
NEPC, one of the industry’s largest independent, full-service investment consulting firms to endowments and foundations, has released the results of its third quarter 2014 NEPC Poll, a measure of endowment and foundation confidence and sentiment related to the economy, investing and market performance. “Endowments and foundations in the US continue to access private equity as…...
Specialty Chemical Pro Joins Akoya Capital
Akoya Capital Partners, an investor in specialty chemicals, consumer products, information services and consumer foods, has added Charles (Chas) Eggert to the firm as a Managing Director and the head of its specialty chemicals sector. Mr. Eggert has nearly 40 years of experience in the specialty chemicals industry and a track record of creating value…...
