Boyne Capital and Grindstone Partners have sold Fulcrum IT Services to publicly-traded Huntington Ingalls Industries (NYSE: HII) for $193 million. Boyne and Grindstone acquired Fulcrum in April 2010 in partnership with management. Fulcrum specializes in providing information technology consulting services primarily to federal customers in the defense, intelligence, education and healthcare sectors. The company has […]
Archives for March 11, 2019
AEI Buys Resolute Industrial from OEP
AE Industrial Partners has acquired Resolute Industrial, a provider and servicer of heating, ventilation, air conditioning and refrigeration equipment (HVAC&R), from One Equity Partners. Resolute Industrial provides HVAC&R equipment rental, compressor remanufacturing, and refrigerant storage services for a range of applications across numerous end markets in North America. The company’s customers are end users and […]
Quality Industries Bought by Anchor
Anchor Partners has acquired Quality Industries, a provider of metal fabricated products and services. Quality Industries products and services include both high-volume, repetitive processes and short-run, pre-production prototype fabrication. Customers of the company are active in the heavy-duty truck and transportation (class 7 and 8 vehicles), recovery & specialty vehicle, and industrial electrical markets. The […]
ParkerGale Adds New Principal
ParkerGale Capital has added Kara Master to its team as a new principal. Ms. Master will be involved in all aspects of the firm’s investment process and she is responsible for sourcing and monitoring investments within the ParkerGale portfolio. “We are so happy to have Kara join us,” said Kristina Heinze, co-founder and partner at […]