Air Filtration Holdings, a portfolio company of The Edgewater Funds and Duchossois Capital Management, has acquired RoboVent. RoboVent is a maker of air filtration equipment and systems used in manufacturing facilities. The company’s products are used in welding applications, cutting and metalworking, dust collection, oil mist capture, and general ventilation. RoboVent is a turnkey provider and…...
Archives for February 16, 2018
“The Exciting Game Without Any Rules”
Valuations on middle-market private M&A transactions continued their torrid upward surge in the fourth quarter, according to GF Data’s just released February report. The 201 private equity funds and other deal sponsors that are active contributors to GF Data® reported on 68 completed transactions in the quarter, with an average valuation mark of 8.1x. This…...
Arlington Acquires Integrity Applications
Arlington Capital Partners has acquired Integrity Applications, a provider of systems engineering and technical analysis to the intelligence and defense sectors. Integrity Applications (IAI) has specific technical and domain expertise in intelligence, surveillance and reconnaissance systems including radar, electro-optical /infrared and MASINT (measurement and signature intelligence) payloads, ground systems, imagery-based geo-positioning and targeting, photogrammetric analysis,…...
TPG Buys Orthopaedic Device Maker
Publicly-traded Exactech has been acquired by TPG Capital for approximately $737 million. TPG had originally offered to acquire Exactech for $625 million in October 2017 but raised the valuation in December 2017 in response to an unsolicited bid from another private equity firm. Exactech (NASDAQ: EXAC) develops and markets orthopaedic implant devices that are used…...
Novacap Buys Mailhot
Novacap has acquired Mailhot Industries, a Canadian-based manufacturer of hydraulic cylinders. Mailhot Industries was founded in 1956 and is a manufacturer of single-stage and telescopic hydraulic cylinders. The company’s products are used refuse trucks, dump trucks, stationary refuse compactors, snow removal equipment and lifting equipment. Mailhot Industries, led by CEO Charles Massicotte, has 324 employees,…...
