TruArc Partners has acquired Molded Devices, a maker of complex plastic and rubber components used in medical devices, and aerospace, industrial, and energy production applications. TruArc acquired Molded Devices from its founder Brian Anderson and PNC Mezzanine Capital. PNC Mezzanine invested senior subordinated debt and preferred stock in Molded Devices in 2015 to finance a…...
Archives for 2022
Siguler Guff Raises Nearly $2 Billion for Lower Middle Market Strategy
Siguler Guff has closed its latest fund, Small Buyout Opportunities Fund V LP (Fund V), with $1.97 billion of capital. The new fund is the largest small business buyout fund in Siguler Guff’s history. Fund V was oversubscribed after just five months of fundraising, exceeded its $1.65 billion target, closed above its hard cap, and…...
Super Busy O2 Adds New Associate
O2 Investment Partners has added Josh Blumenstein to its investment team as the firm’s newest associate. In his new position, Mr. Blumenstein will be responsible for evaluating new transactions, conducting due diligence, underwriting new investments, and working with O2’s portfolio companies. Before joining O2, Mr. Blumenstein was an investment banking analyst at Greenhill & Co…....
Assured Healthcare Closes Fund II at $750 Million
Assured Healthcare Partners (AHP) has held an above target and above initial cap closing of its latest fund, AHP Fund II LP, with $750 million of capital. Like its first fund, Fund II will continue to invest in North American-based healthcare service companies. The new fund was supported by existing investors and several new limited…...
Marilyn Yang Newest VP at Branford Castle
Branford Castle has promoted Marilyn Yang to Vice President. At Branford Castle, Ms. Yang’s responsibilities encompass all aspects of deal origination through deal completion, including portfolio company oversight. Before joining Branford Castle in 2018, Ms. Yang worked as an investment banking analyst in the industrials group at Barclays where her work focused on mergers and…...
