Goldman Sachs has made a minority investment in Harvest Partners, a middle-market private equity firm. The investment by Goldman was made through Goldman Sachs Asset Management’s Petershill Private Equity fund which closed in February 2018 at an above-target $2.5 billion. The fund makes minority interests in private equity firms. The passive investment, which represents 15…...
Archives for October 22, 2018
Littlejohn Buys Cook & Boardman
Littlejohn & Co. has acquired The Cook & Boardman Group, a distributor of commercial door entry products, from Ridgemont Equity Partners which acquired the company in September 2014 from Blue Point Capital Partners. Cook & Boardman distributes metal and wood doors, locks, doorframes, and other related building components for non-residential applications. The company operates through…...
Arsenal Acquires Polytek from MPE
Arsenal Capital Partners has acquired Polytek Development Corp., a manufacturer of liquid mold rubbers and casting plastics, from Morgenthaler Private Equity (MPE). Polytek manufactures a line of specialty polymers including polyurethane elastomers and casting resins, silicone, latex, plastisol, thermoplastic elastomers, and epoxies. The company’s products are used in applications where molds are needed to reproduce…...
Gryphon Builds HEPACO
HEPACO, a portfolio company of Gryphon Investors since August 2016, has acquired Trans Environmental, a provider of environmental and emergency response services. Trans Environmental provides remediation, emergency response, and industrial cleaning services to a variety of end-markets, including transportation, manufacturing, and petroleum. The company was founded in 1999 by Jeff Lonas and Matt Warneke and…...