Levine Leichtman Capital Partners has acquired In-Place Machining Company (IPM) from Platte River Equity. IPM’s maintenance, repair and life-cycle services include field machining, welding, optical and laser alignment, measurement, diamond wire-cutting, and robotic demolition. IPM’s customers are active in a wide range of sectors including industrial, manufacturing, naval and marine, nuclear and hydro, metals, and […]
Archives for September 2021
Graycliff’s Fourth Fund Closes Fourth Platform
Graycliff Partners has acquired Electro-Mechanical Corporation (EMC), a maker of electrical equipment sold to the utility and industrial markets. EMC manufactures medium voltage electrical equipment including switchgears and transformers that are sold under the Federal Pacific and Line Power brands to include electrical utilities, renewable energy generators, mining operators, and general industrial users of power. […]
Bregal Continues Better-For-You Food Strategy
Bregal Partners has made a growth equity investment in Oggi Foods, a maker of branded and private label food products. Oggi manufactures and sells its gluten-free products including Neapolitan style frozen pizzas, pizza crusts, mini pizza bites, mini calzones, and plant-based/vegan pizzas in grocery stores and restaurants across North America. The company was founded in […]
Ardian Invests in MidOcean’s Florida Food
Ardian has acquired a majority equity interest in Florida Food Products (FFP) from MidOcean Partners at an enterprise valuation of $1 billion. Florida Food is a formulator and manufacturer of vegetable and fruit-based ingredients used in beverages; processed and cured meats; soups, sauces, and dressings; and pet food. The company, led by CEO Jim Holdreith, […]
LLCP Doubles Mid-Market Fund, Hits Increased Hard Cap
Levine Leichtman Capital Partners (LLCP) has closed its latest fund, LLCP Lower Middle Market Fund III LP (LMM III), with total capital commitments of $1.38 billion. The new fund was oversubscribed and closed at its increased hard cap. Limited partners in LMM III include existing and new institutional investors across North America, Europe, the Middle […]
