Summer Street Capital Partners has acquired Dwellworks, a provider of relocation management services. The management team of Dwellworks and Permal Capital Management co-invested in the transaction with Summer Street. Dwellworks was a portfolio company of a private equity fund managed by Kirchner Group which manages assets for institutional investors. Dwellworks is an outsourced provider of […]
Archives for February 5, 2015
Centre Partners Exits Distant Lands
Centre Partners Management has sold its portfolio company Distant Lands Trading Company, a private label coffee company, to Ito En (North America), a subsidiary of Ito En, Ltd., a Japanese multinational beverage company, for $160 million. Centre Partners first invested in Distant Lands in 2006. Distant Lands is a provider of private label and branded […]
American Capital Acquires CGC Events
SMG Holdings, a portfolio company of American Capital that provides entertainment and conference venue management services, has acquired CGC Events, a provider of catering concessionaire services in Northern England. CGC provides catering, concessions and hospitality services to horse racing tracks, stadiums, exhibition centers, and heritage sites. CGC has been in business for more than 100 […]
Grey Mountain Acquires Illinois Glassworks
Binswanger Glass, a portfolio company of Grey Mountain Partners acquired in December 2011, has acquired Illinois Glassworks, an installer of custom shower enclosures, mirrors, table tops, and architectural glass and glazing. “The acquisition of Illinois Glassworks is representative of the strategic growth plan for Binswanger Glass, which centers on expanding into new markets that are […]
Azalea Exits ETAK Systems
Azalea Capital has sold its portfolio company ETAK Systems to an investor group led by Mosaic Capital Partners and members of the company’s management team. Azalea first invested in ETAK Systems in December 2007. ETAK Systems provides maintenance and installation services to network infrastructure used by national wireless communication carriers. Services include reserve battery power […]
