OpenGate Capital has acquired specialty solvent blender and chemical distributor Chemisphere. Chemisphere provides over 1,000 chemical products and blends including acetone, ethanol, heptane, methanol, methyl acetate, isopropyl alcohol, and xylene to its customers that are active in the personal care, agriculture, food & beverage and industrial markets across the United States. The company has more […]
Archives for January 2022
Monomoy’s New Fund Gets Fourth Platform
Monomoy Capital Partners has acquired Artesian Spas and Marquis Hot Tubs and has combined them to form a new pool and spa wellness platform. Nevada-headquartered Artesian and Oregon-based Marquis manufacture outdoor aquatic products including portable hot tubs, swim spas and other related accessories that are sold through a dealer network to the residential market in […]
Old Second Bank Forms New Sponsor Finance Team
Old Second Bank has formed O2 Sponsor Finance to provide support to private equity sponsors. The senior team of O2 Sponsor Finance is led by President Joe Gaffigan, the former president and co-founder of TCF Capital Funding. Mr. Gaffigan led TCF Capital Funding from 2012 to 2021 until TCF Bank was acquired by Huntington National […]
Riverside Adds New Head of Business Development
Riverside Partners has announced that Kevin Morro has joined the firm as its Head of Business Development. Mr. Morro will oversee all new deal origination, sourcing and marketing functions at the firm. “We are very excited to have Kevin join our team,” said David Belluck, a general partner at Riverside. “We conducted a national search […]
Frontenac Building Monterey Bay Platform
Monterey Bay Herb Company, a portfolio company of Frontenac, has acquired AmeriHerb. AmeriHerb is a distributor of botanicals, herbs, and spices which are sold primarily through its two e-commerce websites AmeriHerb.com and Herbalcom.com. The Ames, Iowa-headquartered company was acquired from co-owners Tom Doyle and Doug Borud. Botanicals are natural substances derived or extracted from plants […]
