Wynnchurch Capital has acquired Drew Foam, a maker of expanded polystyrene foam products, from Branford Castle. Drew Foam’s products are used in industrial, construction, cold chain pharmaceutical and food applications, and consumer markets. The company, led by CEO Bill Givens, was founded in 1965 and is headquartered 80 miles south of Little Rock in Monticello,…...
Archives for November 11, 2020
Gemspring to Sell Therma to Blackstone
Gemspring Capital has agreed to sell Therma Holdings to Blackstone Energy Partners. Therma specializes in complex HVAC, high purity process piping, and process controls for cleanrooms, laboratories, and high-tech manufacturing facilities. Customers of Therma include general contractors, construction managers and owners in the technology, biopharmaceutical, data center and semiconductor industries. Therma, which performed the original…...
Jordan Closes Sixth Dental Products Add-On
Young Innovations, a portfolio company of The Jordan Company, has acquired Preat Corporation, a provider of dental implant components, attachments and tools. Preat was founded in 1980 by Thomas Bormes and is headquartered north of Los Angeles in Santa Maria, California. President Chris Bormes, the son of the founder, will continue to lead the business…...
GTCR Closes Fund Thirteen
GTCR has closed its thirteenth fund, GTCR Fund XIII LP, with $7.5 billion of limited partner capital commitments. The new fund, raised in just five months, had a target of $6.75 billion and was oversubscribed. Fund XIII is the largest investment fund in GTCR’s history. Investors in Fund XIII include public pension funds, endowments, foundations,…...
