American Industrial Partners has closed its acquisition of the OEM Supply Fasteners division of Anixter International. This transaction was originally announced in February 2015. With the close of the transaction, the business has been named Optimas OE Solutions. Optimas is a global distributor and manufacturer of highly-engineered fasteners and C-Class (high volume, low cost parts […]
Archives for June 4, 2015
Advent Acquires Insulation Fabricators
Distribution International, a portfolio company of Advent International, has acquired Insulation Fabricators, a fabricator and distributor of thermal and acoustical insulation products. This is the 12th acquisition completed by Distribution International (DI) over the past four years and is a continuation of a strategy launched by prior owners to consolidate the mechanical insulation distribution industry. […]
Sheridan Legacy Acquires Lone Star
Sheridan Legacy Group, a lower middle-market firm, has acquired Lone Star Distribution, a specialty distributor of sports nutrition fitness products. Lone Star distributes protein powders, creatine, bars, muscle enhancers, workout supplements, sleep aids and immune boosters, vitamins, weight loss supplements, and energy boosters. The company operates six distribution centers located in Dallas; Atlanta; Indianapolis; Shelton, […]
Lightyear Sells Paradigm to Summit Partners
Lightyear Capital has sold Paradigm, a provider of outsourced catastrophic workers’ compensation case management services, to Summit Partners. Paradigm provides its workers’ compensation case management services to insurance companies and self-insured employers. The company was founded in 1991 and is headquartered near San Francisco in Walnut Creek, CA (www.paradigmcorp.com). Paradigm has been a portfolio company […]
Gryphon Launches New Dental Platform
Gryphon Investors has formed OneSmile, a new platform company to acquire dental practices and groups in the western United States. Partnering with Gryphon – for the second time – are dental care executives Steven Bilt and Bradley Schmidt. Gryphon has a track record of backing professional executive partners and teams with resources to build businesses […]
