Platinum Equity has agreed to acquire Ingram Micro, a distributor of information technology products, from HNA Group, in a transaction valued at $7.2 billion. Ingram Micro’s products include desktop, laptop and mobile computer systems; audio and video devices; monitors and displays; data capture and point of sale devices; cybersecurity; cables; and a wide range of…...
Archives for December 10, 2020
Aterian Adds Another Medical Components Maker
Vander-Bend Manufacturing, a portfolio company of Aterian Investment Partners, has acquired Swiss Precision Machining (SPM). SPM is a manufacturer of consumable instrument components that are used in robotic surgery and other high technology end markets. The company’s capabilities and services include tight tolerance micro components, prototyping, engineering, and assembly. SPM was founded in 1979 by…...
New State Buys Closeout Specialist KMS
New State Capital Partners has acquired KMS, one of the nation’s largest wholesalers of consumer product closeouts. KMS is a wholesale distributor of closeout, overstock, and factory refurbished merchandise, including clothing, hardware, housewares, and small appliances. KMS’ services allow brand name manufacturers to monetize overstocked products and other non-standard inventory without disrupting traditional sales channels…....
Crossplane Hits Hard Cap on Inaugural Fund
Crossplane Capital has held an oversubscribed, hard cap, and final closing of its inaugural fund, Crossplane Capital Fund LP, with $275 million of capital. Institutional limited partners in Crossplane’s new fund include endowments, foundations, asset managers, family offices, and pension plans. Crossplane invests control equity in companies that have up to $15 million of EBITDA…...
