Milestone Partners has acquired RedZone Robotics from a group of private shareholders, including ABS Capital Partners. RedZone Robotics uses proprietary robots that utilize laser, sonar, CCTV and gas sensors to provide inspection, data collection, and asset management services primarily for wastewater pipeline systems. The company also provides related data processing, hosting, reporting and asset management…...
Archives for June 12, 2018
Blue Sage Sells MAC to Patrick
Blue Sage Capital has closed its sale of Marine Accessories Corporation (MAC) to Patrick Industries. Blue Sage acquired MAC in July 2015. Marine Accessories Corporation is a manufacturer, distributor and aftermarket supplier of cockpit covers, bimini tops, and boat covers that are sold to OEMs, dealers, retailers and distributors, as well as direct to consumers…...
Audax Closes First Smart Care Add-On
Smart Care Equipment Solutions, a portfolio company of Audax Private Equity, has acquired REMCO. The buy of REMCO is Smart Care’s first add-on since being acquired by Audax in November 2017. REMCO is a regional provider of commercial kitchen repair, maintenance services, and parts to the commercial foodservice industry. The company serves restaurants, convenience stores,…...
Megan Kneipp Joins Blue Point
Blue Point Capital Partners has added Megan Kneipp to its team as Head of Business Development. Ms. Kneipp will oversee the firm’s new transaction origination efforts, strengthen its investment banking and other intermediary relationships, and assist portfolio companies with their add-on acquisition sourcing. Before joining Blue Point, Ms. Kneipp was Vice President of Business Development…...
