TorQuest Partners has acquired Spinrite, a large manufacturer of consumer craft yarn, from Sentinel Capital Partners. Members of the senior management team are co-investing in the company with TorQuest. Spinrite is the largest producer and marketer of craft yarn in North America and also sells knitting patterns that provide customers with creative ideas for knitted […]
Archives for October 9, 2015
Anvil and Ironwood Acquire Air Temp Mechanical
Anvil Capital and Ironwood Capital have acquired Air Temp Mechanical Services, a full service mechanical contractor. Anvil Capital was the lead investor and Ironwood, in addition to an equity investment, also provided subordinated debt to the transaction. Air Temp Mechanical Services specializes in industrial, institutional and commercial buildings. The company services and maintains large tonnage […]
Breakaway Provides Senior and Equity to PM Pediatrics
Breakaway Capital, through its Breakaway Capital Partners Fund, LP, has provided an $8.4 million senior secured credit facility to PM Pediatrics Management Group. Breakaway also made an equity investment in the company. PM Pediatrics Management Group (PMP) is a provider of urgent care to children and young adults. The company operates out of 17 locations […]
Sentinel Capital Partners Sells Hospice Advantage
Sentinel Capital Partners has sold its portfolio company Hospice Advantage to Compassus, a nationwide network of community-based hospice programs and palliative care services. Sentinel acquired Hospice Advantage in December 2012. Compassus is a portfolio company of Formation Capital and Audax Group. Hospice Advantage provides end-of-life care, palliative treatment, personal care, and family support services, primarily […]
Wynnchurch Invests in Carson Air
Wynnchurch Capital has an investment in Carson Air, a provider of fixed-wing air ambulance services, air cargo services, and flight school training. Carson Air provides its air services to customers across western Canada. The company is led by its president and founder Kevin Carson. Carson Air was founded in 1990 and is headquartered in Kelowna, […]
