Wingate Partners has sold Dunn Paper to Arbor Investments. Wingate acquired Dunn Paper in July 2010 from Meriturn Partners. Dunn Paper is a supplier of made-to-order specialty papers and tissues used in the food packaging and consumer product markets. Products include specialty waxed, coated, and uncoated machine glazed papers used in various foodservice and flexible […]
Archives for August 2016
CD&R to Buy Drive DeVilbiss from Ferrer Freeman
Clayton, Dubilier & Rice has agreed to acquire Drive DeVilbiss Healthcare, a manufacturer of medical products, from Ferrer Freeman & Company. The transaction is expected to close in the fourth quarter of 2016. Drive DeVilbiss Healthcare is a manufacturer of medical products such as wheelchairs, sleep surfaces, beds, respiratory equipment, power wheelchairs, power scooters, and […]
Sterling Partners Invests in Panopto
Sterling Partners’ Education Opportunity Fund has made an investment in Panopto, a provider of video content management, recording, and live streaming services. Panopto was founded in 2007 and sells software that enables businesses and universities to create secure, searchable video libraries. Panopto was founded by technology entrepreneurs and software design veterans at Carnegie Mellon University’s […]
H.I.G. Acquires CXtec and TERACAI
H.I.G. Capital has acquired CABLExpress Corporation (DBA CXtec) and TERACAI Corporation. CXtec is a provider of refurbished networking and telephony hardware and data center cabling products. The company was founded in 1978 by William Pomeroy. Mr. Pomeroy first ran the business out of his home, originally dealing in used IBM System 370 mainframe options. With closing […]
KLH Reaches Fund III Final Close
KLH Capital has held a final close of KLH Capital Fund III, LP with $155 million in committed capital. KLH began fundraising in January 2016 and had a first close at $135 million in July. According to KLH, all of the investors from the firm’s second fund have invested in Fund III, including a substantial portion […]