Southwest Elevator Company, a portfolio company of Align Capital Partners (ACP), has closed two add-on transactions through a merger with Action Elevator Company and the acquisition of Avery Elevator. ACP acquired Southwest Elevator, led by CEO Tom Cavinder, in September 2019 as a first step in building a national and independent vertical transportation services (VTS) […]
Archives for 2020
Arcline Continues Medical Equipment Platform Build
Arcline Investment Management has acquired Engineering by Design (EBD) from the company’s founders. EBD is a provider of medical device and component manufacturing equipment including coil winding equipment, catheter laminators, reflow machines, and spooling and unspooling machines. EBD’s equipment and consumables are used by medical device OEMs and contract manufacturers to manufacture devices and therapeutic […]
Gridiron Closes its Largest Fund
Gridiron Capital has held a hard-cap and oversubscribed closing of Gridiron Capital Fund IV LP, and affiliated funds (Gridiron IV), with $1.35 billion of capital. Limited partners in Gridiron IV, the largest fund ever raised by Gridiron, include pension funds, insurance companies, family offices, endowments, and foundations. “With the closing of Gridiron IV, we are […]
May River Buys PaperTech with Twin Brook Backing
PaperTech, a manufacturer of paperboard packaging products, has been acquired by May River Capital. PaperTech’s products include dual-ovenable paperboard trays and bowls. Dual-ovenable products can withstand high heat applications and are bakeable in either a conventional or microwave oven without melting or de-forming. PaperTech produces over 500 million trays and bowls annually that are used […]
Odyssey Buys Audax’s Protective Industrial Products
Odyssey Investment Partners has agreed to acquire Protective Industrial Products from Audax Private Equity. Protective Industrial Products (PIP) is a provider of hand protection products and other consumable personal protective equipment (PPE). The company’s products, which total more than 5000 SKUs, include hand and arm, eye, head, hearing, body, and respiratory protection. PIP’s hand protection […]
