Evergreen Pacific Partners has completed an investment in Abracon Corporation, a manufacturer of frequency control and magnetic components. The founders of Abracon, Chris Polley and Don Bebout, will continue to lead the business as equity partners with Evergreen. Abracon is a manufacturer of electronic components used for frequency control, signal conditioning, wireless communication, and power […]
Archives for February 20, 2015
H.I.G. Adds-on to Recycled Paperboard Platform
Caraustar Industries, a portfolio company of H.I.G., has completed the acquisition of The Newark Group, a manufacturer of recycled paperboard. The Newark Group is a manufacturer of recycled paperboard, linerboard, industrial tubes, cores and other converted products including book covers. The company has approximately 1,500 employees and operates over 20 North American based manufacturing facilities. […]
Riverside Invests in Surveillance Specialist Pro-Vigil
The Riverside Company has invested in Pro-Vigil, a provider of remote video surveillance and monitoring services for large outdoor properties. Pro-Vigil offers its services through a combination of state-of-the-art equipment with real-time human monitoring. When a monitor sees suspicious activity at a customer facility, they can alert authorities quickly. Pro-Vigil’s customers include automotive dealerships, constructions […]
NewSpring to Acquire X5 Solutions
NewSpring Holdings has signed an agreement to purchase X5 Solutions, a provider of voice and data communication services. The transaction is pending regulatory approval and is targeted to close in March. X5 Solutions is a provider of telecommunication services including traditional voice and data, SIP trunking, hosted voice, conferencing, and Ethernet. Customers include private and […]
Petra Capital and HealthQuest Invest in VirMedica
VirMedica, a provider of specialty pharmaceutical technology services, has acquired the assets of TransEngen. TransEngen’s core technology platform, called TIER4, automates the benefits verification process for specialty pharmaceutical products and is currently deployed by several of the world’s largest pharmaceutical companies. The $15 million dollar acquisition was financed by Petra Capital Partners and HealthQuest Capital. […]
