WestView Capital Partners has made a minority growth investment in Abacus Group, a provider of managed IT services. Abacus will continue to be majority-owned and operated by the company’s senior management team. Abacus Group is a provider of managed IT services to the financial services industry with a specific focus on hedge funds and private…...
Archives for July 27, 2017
Arlington Adds Two Pieces to Avalign
Avalign Technologies, a portfolio company of Arlington Capital Partners, has completed the acquisitions of Thortex and Millennium Surgical. Arlington Capital acquired Avalign, a manufacturer of orthopedic implants and instruments, from RoundTable Healthcare Partners in June 2015. Thortex is a provider of porous coatings, metal injection molding services, CNC machining, finishing and assembly services to medical…...
ORIX and Aperion Building RoadSafe
RoadSafe Traffic Systems, one of the nation’s largest providers of traffic control and pavement marking services, has acquired Beth’s Barricades. ORIX Capital Partners (ORIX CP) acquired RoadSafe in February 2016 from Falcon Investment Advisors and Aperion Management. Aperion continues to have a minority equity interest in the company. Beth’s Barricades provides contractors, municipalities and developers…...
MPE Adds to Polytek
Polytek Development, a portfolio company of MPE Partners, has acquired Raw Material Suppliers, a distributor of private label RTV (room temperature vulcanization) silicone, urethane, mold release, and adhesive products. Raw Material Suppliers was founded by Steve Levine in 1984 and is headquartered near San Diego in San Marcos, CA. With the closing of the transaction,…...
Private Advisors Hits Hard Cap
Private Advisors has closed its oversubscribed seventh private equity fund at the hard cap of $350 million. Similarly, the group’s earlier fund closed with $350 million in commitments in June 2015. Fund VII will invests in lower-middle market buyout, growth and distressed private equity funds (typically less than $750 million in size), and will also…...
