L Catterton has entered into an agreement to sell Ainsworth Pet Nutrition to The J.M. Smucker Company for $1.9 billion. Ainsworth Pet Nutrition was founded in 1933 by George Lang and L Catterton invested in the company in 2014 in partnership with the founding Lang family. Ainsworth Pet Nutrition manufactures and distributes healthy pet foods…...
Archives for April 5, 2018
Race Winning Brands Adds Rekluse
Race Winning Brands, a portfolio company of Kinderhook Industries, has acquired Rekluse, a maker of high-performance clutches for the powersports market. Rekluse manufactures both automatic and manual clutch products that are used by professionals and amateurs in both dirt and street motorcycles as well as ATVs. The company’s products are precision-engineered and made of high-quality billet…...
Palm Beach Invests in Mears
Palm Beach Capital has made an investment in Mears Transportation, Central Florida’s oldest transportation company and one of the largest private transportation companies in the country. The investment in Mears was made through Palm Beach Capital’s fourth fund and TriArtisan Capital Advisors was a co-investor. Mears is a transportation company with primary operations serving Central…...
H.I.G. Completes Fifth Ship Supply Add-On
H.I.G. Capital has added on to its portfolio company Ship Supply International with the buy of Universal Maritime. Universal is a full-service ship chandler (a dealer in supplies and equipment for ships and boats) that provides provisions, bonded goods and deck & engine supplies to customers across the West Coast. The company, founded by Mike…...
