Molded Devices, a portfolio company of PNC Mezzanine Capital, has acquired Seitz, a provider of plastic injection molding and assembly services. Since its founding in 1963, Molded Devices has now completed 15 add-on acquisitions. Seitz products include precision plastic gears and electromechanical assemblies that are used in the medical, automation, consumer and automotive markets. Seitz…...
Archives for November 19, 2021
After Nearly 5 Years, Kian Exits Westcoast Gate
Aurora Capital has acquired Westcoast Gate & Entry Systems, a provider of automated gate and security products, from Kian Capital Partners. Westcoast Gate installs, maintains, repairs, and retrofits security gates and other access control systems to both the residential and commercial perimeter security markets. The company was founded by Gary Ovsiowitz in 1998 and since…...
Tester of Integrated Circuits Sold by Riverside Partners
Riverside Partners has sold its portfolio company, R&D Altanova, to publicly traded Advantest Corporation, a manufacturer of semiconductor test equipment. R&D Altanova manufactures consumable PCB test boards and substrates that are used in the design testing process of integrated circuits. Customers of the company include some of the world’s largest integrated device manufacturers, fabless semiconductor…...
New Mountain Enters Agriscience Sector
New Mountain Capital has acquired Profile Products, a maker of specialty agriscience materials, from Incline Equity. Profile Products is a provider of mulch and additives, engineered soils, soil conditioners, turf reinforcement mats, and vegetative establishment blankets which are used in the sports fields, golf courses, waste management, civil and private construction, horticulture and energy sectors…....
