Pfingsten Partners has acquired Crane 1 Services, a provider of overhead crane and hoist services. This investment is the 17th platform for the firm’s $525 million fourth fund. Crane 1 Services (Crane 1) provides inspection, maintenance and equipment for industrial and commercial users of overhead cranes and hoists. Services include preventative maintenance, emergency breakdown response, modernization […]
Archives for October 23, 2015
Five Points Capital Sells Unishippers to Ridgemont
Five Points Capital (formerly known as BB&T Capital Partners) has sold its portfolio company Unishippers Global Logistics (Unishippers), a provider of third party logistics services to small and medium-sized businesses, to Ridgemont Equity Partners. Five Points acquired Unishippers in 2007 through its second equity fund. Unishippers’ has experienced strong growth recently with revenue doubling since […]
Roark Acquires CARSTAR Auto Body
Driven Brands, a portfolio company of Roark Capital, has acquired Kansas-based CARSTAR Auto Body Repair Experts from Champlain Capital Partners which acquired the company in May 2008. Driven Brands was acquired by Roark in April 2015 from Harvest Partners which in turn had acquired the company in December 2011. Driven Brands is a one of […]
Lindsay Goldberg Adds New Partner
Lindsay Goldberg has added Eric Fry to the firm as its newest partner. Mr. Fry comes to the firm with more than 22 years of private investing experience, most recently as a Managing Director in Morgan Stanley’s private equity group. “Eric’s experience and focus will be a significant benefit to our portfolio companies, and I […]
