Platte River Equity has sold its portfolio company, ACT Independent Turbo Services, to publicly-traded Doosan Heavy Industries & Construction. Platte River acquired ACT (formerly Advanced Combustion Technology, Inc.) in June 2010. ACT is a provider of on-site and off-site turbine component repair services such as inspection, cleaning, repair, vacuum heat-treating, custom machining, coating, testing and…...
Archives for July 28, 2017
Incline Sells Double E to RAI
Incline Equity Partners has sold Double E Company, a maker of components for web converting applications, to River Associates Investments. Incline first invested in Double E in April 2012. Double E’s product line includes wear components such as cores and chucks, core shafts, core plugs, fiberglass cores, rollers, shafted roll stands, and core cutters. These…...
LongueVue Acquires Zavation
LongueVue Capital (LVC) has acquired Zavation Medical Products. This is LongueVue’s fourth healthcare platform investment and the second medical device business it has acquired in the past 18 months. Zavation designs, engineers, and manufactures a portfolio of spinal hardware used in thoracolumbar (the thoracic and lumbar regions of the spine), cervical, interbody fusion, and minimally…...
H.I.G. Adds Diamond Gypsum to ACG
ACG Materials, a portfolio company of H.I.G. Capital, has acquired Diamond Gypsum Company. The buy of Diamond Gypsum is the seventh add-on acquisition that ACG has completed since H.I.G. acquired the company at the end of 2012. Diamond Gypsum is a miner of gypsum products and owns and operates a quarry in central Oklahoma. The…...
