Middle market deal valuations continued to show signs of plateauing in the third quarter of 2018, according to GF Data’s just-released November report. Two hundred private equity groups and other deal sponsors reported to the data tracking firm on 63 transactions completed in the $10 million to $250 million Total Enterprise Value (TEV) range, with…...
Archives for November 20, 2018
Littlejohn Closes Fund VI
Littlejohn & Co. has held a final closing of Littlejohn Fund VI LP with $2.84 billion of committed capital, exceeding the fund’s target of $2.5 billion. The firm’s previous fund, Littlejohn Fund V LP, with $2.0 billion of committed capital, had a final close in July 2014. Littlejohn makes control and non-control investments in middle-market…...
Active Minerals Switches Sponsors
Golden Gate Capital has acquired Active Minerals International from Merit Capital Partners. The senior management team of the company will retain a significant ownership stake in the business. Active Minerals International (AMI) is a global producer and distributor of specialty industrial minerals, including kaolin and attapulgite clay minerals. The company’s products are used throughout the…...
Argosy Exits AUC Group
Argosy Private Equity and New Spring Capital have sold AUC Group, a provider of wastewater treatment services, to publicly traded AquaVenture Holdings for $130 million. Argosy and New Spring Capital acquired AUC Group in October 2015 from Bow River Capital. AUC Group is a provider of wastewater treatment services to municipalities and corporations primarily in…...
