H.I.G. Capital has held an above-target close of H.I.G. Capital Partners VI LP with aggregate capital commitments of $1.3 billion. Like its five prior funds, Fund VI will invest in lower middle-market companies, primarily in North America. H.I.G. specializes in providing debt and equity capital to small and medium-sized companies and invests in management buyouts, […]
Archives for September 30, 2020
KKR Sees “The New Normal”
KKR has released a new report titled “The New Normal” which explores the long-term implications of COVID-19 on cities and consumer trends. “Following a decade of relative prosperity, overlapping calamities in 2020 have brought economic activity to a near halt. The combination of longstanding political and social strife has met with an unforeseen health and […]
Windjammer Exits AI at 24x
Windjammer Capital has agreed to sell Advanced Instruments to Patricia Industries, a subsidiary of industrial holding company Investor AB, at an enterprise value of $780 million. Windjammer acquired Advanced Instruments from its founding family in October 2016. Advanced Instruments (AI) manufactures test and measurement instruments and related consumables that are used in scientific and analytical […]
Graham Sells Pet Food Platform
Graham Partners has sold BrightPet Nutrition Group, a maker of premium and super-premium pet food and treats. BrightPet specializes in branded and private label pet foods and also provides co-packing services. The company is headquartered 60 miles southeast of Akron in Lisbon, Ohio. Graham created the BrightPet platform in April 2016 through the acquisition of […]