Linden Capital Partners has closed its fourth private equity fund, Linden Capital Partners IV LP, at the hard cap of $1.5 billion. Fund IV was oversubscribed and exceeded its target of $1.25 billion. Linden Capital Partners is focused exclusively on leveraged buyouts in the healthcare and life science industries with a specific interest in medical…...
Archives for May 9, 2018
Tonka Bay Exits NPI Medical
Private equity-backed Westfall Technik has acquired NPI Medical, a portfolio company of Tonka Bay Equity Partners. NPI Medical specializes in prototype-to-production services in the medical device, life science and healthcare markets. The company’s capabilities include quick turn manufacturing for short runs, production injection molding for high volume programs, and a full-service tool room. Customers of…...
Incline Building Midwest Industrial Rubber
Midwest Industrial Rubber, a portfolio company of Incline Equity Partners, has acquired New England Belting Company (NEBCO). NEBCO is an independent provider of specialty belts including edge belts, wave solder belts, timing belts and vacuum belts. The company is based in Berlin, CT (www.newenglandbelting.com). Midwest Industrial Rubber (MIR) is a supplier of industrial maintenance, repair,…...
J.F. Lehman Adds Two
J.F. Lehman & Company has added two new professionals to its New York office with the hirings of David Ashcraft as Managing Director of Portfolio Operations, and Michael Cueter as Senior Associate. Mr. Ashcraft will be involved in all aspects of the firm’s private equity investments with an emphasis on the operational evaluation and oversight…...