Genstar Capital has acquired a majority equity interest in Truck-Lite, a provider of safety lighting, filtration systems and telematics services for commercial vehicles, from BDT Capital Partners and Koch Equity Development. Penske Corporation is remaining as a minority investor in the company in partnership with Genstar. Truck-Lite was founded in 1955 and was acquired in […]
Archives for 2019
Thoma Bravo Closes J. D. Power Buy
J.D. Power, a provider of data analytics and consumer intelligence, has merged with Autodata Solutions, a portfolio company of Thoma Bravo. J.D. Power was acquired by Thoma Bravo from London-based XIO Group. Thoma Bravo acquired Autodata Solutions in May 2019 from Internet Brands, a portfolio company of KKR. Autodata provides software and SaaS solutions that […]
J.H. Whitney Exits Confluence Outdoor
Pelican International, a portfolio company of Fonds de solidarité FTQ (Funds FTQ), has acquired Confluence Outdoor, a portfolio company of J.H. Whitney. Confluence is a designer, manufacturer, and marketer of kayaks, canoes, surf and stand-up paddleboards, and related accessories. Company-owned brand names include Wilderness Systems, Perception, Dagger, Mad River Canoe, Harmony Gear, and Boardworks. Confluence […]
AEA Closes Funds, Names New CEO
AEA has finalized two funds with the hard cap close of its seventh flagship fund, AEA Investors Fund VII LP (Fund VII), with total equity commitments of $4.8 billion, and its fourth small business fund, AEA Investors SBF IV LP (Fund SB), with total equity commitments of $877 million. Fund VII was oversubscribed and backed […]
Palladium Sells Raben Tire to Goodyear
Palladium Equity Partners has sold Raben Tire Company, an independent tire dealer and automotive services provider, to The Goodyear Tire & Rubber Company. Palladium acquired Raben Tire in December 2014 in partnership with the founding Raben family. Raben Tires supplies a range of tires – including passenger, motorcycle, and truck tires – to retail, commercial, […]
