Kane Infrastructure Services, a portfolio company of Aterian Investment Partners, has acquired Cable Solutions. Aterian formed Kane Infrastructure Services in August 2021 to acquire Kane Communications and begin a consolidation within the fragmented communications and utility infrastructure sectors. The buy of Cable Solutions is Kane’s first add-on acquisition. Kane is a provider of structured cabling […]
Archives for December 20, 2021
Gridiron Exits Essential Cabinetry
Gridiron Capital has sold Essential Cabinetry Group to Breck Partners in partnership with the company’s senior management team. Simpsonville, South Carolina-headquartered Essential Cabinetry, led by CEO Mark Kovich, was formed by Gridiron to assemble a full product line – stock, semi-custom, and custom – kitchen and bathroom cabinet manufacturer. During its ownership term, the company […]
Huron Capital Sells Sciens to Carlyle
Huron Capital has sold a majority interest in Sciens Building Solutions to the Carlyle Group. The company’s senior management team, as well as Huron, will retain minority equity stakes in the business in partnership with Carlyle. Huron formed Sciens in September 2015 with Terry Heath, a former Siemens executive, to pursue a buy-and-build investment strategy […]
Stephen’s Continues Build of Stone Tool Platform
Pearlman Group, a portfolio company of The Stephens Group, has acquired Advanced Diamond Technologies (DBA Vector Tools). The Stephens Group acquired Pearlman from the Harbour Group in May 2017. Vector is a value-added distributor of supplies, tools, and equipment used in the fabrication and maintenance of stone and other hard surfaces in the residential, commercial, […]