Cotton Creek Capital has acquired ConeCraft, a maker of equipment used in the pharmaceutical and biopharmaceutical industries. ConeCraft specializes in manufacturing stainless steel bins, mixers, bioreactors, and tube management systems that are used for research and production in the biopharmaceutical market. The company sells its patented products to many of the largest biopharma companies in […]
Archives for October 6, 2020
Kohlberg to Acquire Parts Authority
Kohlberg & Company has agreed to acquire a majority interest in Parts Authority, a distributor of automotive aftermarket parts, from The Jordan Company. Parts Authority (PA) is a distributor of nearly 500,000 SKUs of automotive and truck parts, tools and equipment, and transmissions to the automotive aftermarket industry. PA’s customers include independent installers, national fleets, […]
New Mountain Closes Sale of Specialty Chemical Maker
New Mountain Capital has sold Gelest to Mitsubishi Chemical America, the U.S. subsidiary of Mitsubishi Chemical. Gelest is a maker of specialized organo-silicon compounds, metal-organic compounds, and silicone materials that are used in both commercial production, and research and development in the life sciences, medical materials, pharmaceutical, diagnostics and separation science, personal care, and semiconductor […]
BDO Sees Stronger 2021
BDO has just published its U.S. Private Capital Pulse Fall 2020 Survey which finds that even as they prepare for a second wave of the coronavirus, three-quarters of private equity firms expect the economy to turn around in 2021. Three-quarters of all fund managers surveyed expect the economy to improve next year—28% expect it to […]