Niteo Products, a manufacturer and marketer of automotive appearance and performance products and a portfolio company of Highlander Partners, has acquired the air care assets of Kraco Enterprises. Kraco’s air care assets (Air Care) include home and automotive air fresheners and fragrance products sold under the brand names Ozium and Scents, along with certain other…...
Archives for April 3, 2018
Vista Adds to Superion
Superion, a portfolio company of Vista Equity Partners, has acquired Public Safety Corporation. Public Safety Corporation (PSC) is a technology-enabled services company focused on state and local government public safety projects and programs. Hundreds of cities, counties, and other municipalities, ranging in population from 20,000 to nearly 4,000,000, across the United States and Canada use…...
One Equity Keeps Building Anvil
Anvil International, a portfolio company of One Equity Partners (OEP), has acquired the assets of FlexHead Industries and SprinkFLEX from publicly-traded Atkore International Group. FlexHead Industries and SprinkFLEX manufacture adjustable steel hoses, brackets and fittings for fire safety systems used in commercial buildings, hospitals, schools, government buildings and other facilities. Both businesses are headquartered near…...
Merit Closes Fund VI
Merit Capital Partners has held an above-target close of its sixth fund at $536 million. Fund VI exceeded Merit’s target of $500 million and generated support from both existing limited partners from prior funds, as well as several new investors. Merit received commitments from a variety of limited partners, including insurance companies, pension funds, university…...