MidOcean Partners has held a final close of its latest fund, MidOcean Partners V LP, at its hard cap $1.2 billion of limited partner commitments. The new fund was oversubscribed and closed above its original $1 billion target. MidOcean invests in middle market companies that are active in the business and consumer services sectors. The…...
Archives for October 4, 2018
Trinity Hunt Hits Hard Cap
Trinity Hunt Partners has held a final closing of its fifth fund, Trinity Hunt Partners V LP, at an oversubscribed $350 million in capital commitments. The new fund exceeded its initial target of $300 million and closed at the hard cap. Investors in Fund V, which received strong demand from both existing and new investors,…...
Pfingsten Adds to Sign-Zone
Sign-Zone, a portfolio company of Pfingsten Partners since May 2017, has acquired Jansen Display Group from Sebastian Jansen and Petr Rokusek. Jansen Display Group is a designer and manufacturer of promotional display hardware and signage systems. The company’s products include poster systems, snap frames, poster boards, notice boards, sidewalk signage and digital displays. Jansen, led…...
Sterling Adds Aspen Aerials to Time
Time Manufacturing, a portfolio company of The Sterling Group, has acquired Aspen Aerials, a manufacturer of specialty equipment used to inspect the safety and integrity of bridges. Aspen Aerials’s products include functions and capabilities that allow for bridge inspection from above, below or alongside structures. The company is headquartered in Duluth, MN (www.aspenaerials.com). Time Manufacturing,…...