The Jordan Company (TJC) has formed Precisional as a new platform company to carve out four business units of publicly traded Trimble. The four units include Time and Frequency, LOADRITE, Spectra Precision Tools and SECO accessories. Trimble’s Time and Frequency products – timing receivers, antennas, and precision timing protocol (PTP) clocks – utilize data from […]
Archives for April 20, 2022
AEI Sells Utility Services Platform to Westinghouse Electric
AE Industrial Partners (AEI) has agreed to sell its portfolio company BHI Energy to Westinghouse Electric Company, a portfolio company of Brookfield Business Partners. BHI Energy is a specialty utility services company that provides onsite services to support the daily operations, routine maintenance and capital investment requirements of nuclear, fossil and renewable power facilities, as […]
Soundcore Builds Partner Ranks
Soundcore Capital Partners has expanded its senior team with the additions of Eric Korsten, Alex Bues, and Jeff Long as partners. The three new partners will be active with all new Soundcore platform investments. “We are thrilled to have such an impressive team of accomplished private equity executives join us and we look forward to […]
BGL Hires New Healthcare Banker
Investment bank Brown Gibbons Lang & Company (BGL) has added Jonathan Bluth to its healthcare and life sciences team as a managing director. Mr. Bluth will be based in Los Angeles. Mr. Bluth has more than 22 years of M&A and capital markets experience in the healthcare industry, advising physician groups, revenue cycle companies, diagnostics […]