Heartwood Partners has made an investment in Patten Seed Company in partnership with the company’s multi-generation family and senior management owners. Patten Seed operates seven farms and produces and supplies a variety of turfgrass products to landscapers, contractors, homeowners, municipal, and institutional customers. The company’s products, sold under the Super-Sod brand name, include sod, grass […]
Archives for October 7, 2020
OpenGate Adds MegaMet to Premier
Premier Steel Doors and Frames, a maker of hollow metal doors and frames, has completed the add-on acquisition of MegaMet Industries. OpenGate acquired Sargent and Greenleaf in May 2019 from Stanley Black & Decker, and in December 2019 it closed two add-on acquisitions with the buys of Monroe, Louisiana-based Premier Steel Doors and Frames, and […]
Sweetwater’s Secondaries Fund Hits Hard Cap
Sweetwater Investment Management has held a hard cap, oversubscribed, and final close of its debut multi-client fund, Sweetwater Secondaries Fund II LP, with $350 million of capital. Sweetwater’s new fund invests in buyer-led secondary opportunities. Buyer-led secondaries are a type of secondary transaction where the buyer selects fund assets for purchase and assumes the role […]
Next Year to Bring New Ways for New Deals
Despite the ongoing economic uncertainty from the pandemic, many private equity professionals are optimistic about the outlook for 2021 and are looking to alternative merger and acquisition methods to navigate the crisis and pursue new disruptive business growth strategies. According to Deloitte’s “Future of M&A Trends Survey” of 1,000 U.S. corporate M&A executives and private […]