Quintus Technologies, a portfolio company of Milestone Partners, has been acquired by Kobe Steel, Ltd. for $115 million. Milestone first invested Quintus Technologies in April 2009. Quintus Technologies specializes in the design, manufacture, installation, and support of high pressure systems (Isostatic presses) used for sheet metal forming and densification of advanced materials and industrial components […]
Archives for April 19, 2017
Prospect Partners Sells Velvac
Prospect Partners has sold its portfolio company Velvac, acquired in August 2005, to publicly-traded Eastern Company for $39.5 million plus certain future earn-out payments. Velvac had net sales of $58.7 million for fiscal year 2016. Velvac is a manufacturer and supplier of exterior mirror and vision systems and other component parts for the truck, recreational […]
Silver Oak Acquires Legacy Farms
Silver Oak Services Partners has acquired Legacy Farms in partnership with the company’s management team. Legacy Farms is a fresh vegetable and fruit grower, shipper, and wholesaler to grocers and foodservice providers in the Western US. The company specializes in dry vegetables such as bell peppers, tomatoes, and squash, and also offers a selection of […]
Beekman Forms New Movie Platform
The Beekman Group, through Beekman Investment Partners III LP, has acquired certain assets from AMC Entertainment Holdings (NYSE: AMC) and Carmike Cinemas to create a new movie circuit that will operate under the brand New Vision Theatres. New Vision is now a 16-unit theatre circuit with 184 screens including 66 “3D” screens with locations in […]
MDP Joins with Ex-Nielsen Head
Madison Dearborn Partners has partnered with John Lewis, the former Global President of Nielsen, to pursue investment opportunities in the information services sector. “John is a successful operator with a deep understanding of what it takes to build and cultivate a strong franchise in information services,” said Scott Pasquini, a Managing Director at Madison Dearborn. […]
