Trive Capital has agreed to acquire publicly traded Seven Aces, a gaming company and route operator. Seven Aces (TSXV: ACES), through its subsidiary Lucky Bucks, is a coin-operated amusement machine route operator. Lucky Bucks’ machines are licensed and governed by the Georgia Lottery Corporation and offer players a variety of digital skill-based coin-operated amusement machines…....
Archives for June 19, 2020
Cyprium Invests in Chief
Cyprium Investment Partners, which specializes in non-control investments, has closed a preferred equity and subordinated debt investment in Chief Enterprises. Chief is a value-added distributor of electrical connectors, electro-mechanical components, and assemblies used in automotive, agriculture, specialty vehicle, powersport, and industrial applications. The company is also the North American distribution partner of Robert Bosch GmbH…...
Snow Phipps Closes Third Label Add-On
Brook & Whittle, a label making portfolio company of Snow Phipps, has acquired Label Impressions. Snow Phipps acquired Brook & Whittle in October 2017 from RFE Investment Partners and Charter Oak Equity. Label Impressions is a producer of labels used in the household and personal care, beverage, cosmetics, nutraceuticals, food, and cannabis markets. The company’s…...
Fund VI Largest Ever for FTV
FTV has closed its sixth and largest fund to date, FTV VI LP, at its hard cap of $1.2 billion. The firm’s earlier fund closed in September 2016 at its hard cap of $850 million. The new fund saw renewed commitments from existing limited partners, as well as interest from new limited partners from North…...
