The Stephens Group is continuing the build of Catalyst Acoustics Group with the buy of Fräsch, the company’s fifth add-on acquisition. Fräsch is maker of polyester wall panels, ceiling treatments, baffles, dividers, partitions, and acoustic lighting. The company was founded in 2016 by Gary Nightingale and Slavka Younger-Nightingale and is headquartered in Arlington, Texas. “This […]
Archives for July 16, 2020
Brookfield Takes Piece of Superior Plus
Brookfield Asset Management has closed a US$260 million preferred stock equity investment in Superior Plus. Toronto-headquartered Superior (TSX: SPB) provides delivery, wholesale procurement and retail marketing of propane-related products, and distributes fuels including heating oil and propane gas, to customers in Canada and the northeastern United States. The company also operates ERCO Worldwide, a producer […]
PE Looking Harder at Legal Spend
Private equity firms spend millions of dollars each year on legal services and increasingly are taking a closer look at this expense category according to a new study by Apperio entitled “Rocketing Scrutiny, Eroding Trust – The Changing PE Legal Spend Landscape.” The Apperio study reveals that in-house attorneys at private equity firms feel intense […]
New Associate at Tonka Bay
Tonka Bay Equity has hired Zach Huston as an investment associate. In his new role, Mr. Huston will be actively supporting the investment activities of the firm. Before coming over to Tonka Bay, Mr. Huston was a manager in the transaction advisory practice of Ernst & Young where he performed both buy-side and sell-side financial […]
