Francisco Partners has acquired Kobalt, an independent music publisher, in partnership with the company’s current owners and senior management team. Kobalt was founded in 2000 by Swedish entrepreneur Willard Ahdritz, the company’s current chairman, to improve efficiency, accuracy, and transparency across the billions of micro-payments collected in the music industry. In 2000, the music industry…...
Archives for September 13, 2022
American Securities Acquires Meridian Adhesives Group
American Securities has acquired a majority equity interest in Meridian Adhesives Group, a portfolio company of Arsenal Capital Partners. Both Arsenal and the senior management team of Meridian remain as investors in the company. Meridian is a producer of custom and complex specialty adhesives and sealants used by more than 5,000 customers that operate in…...
River Associates Buys The Rubber Group
River Associates has acquired Humphrey’s Industrial Products (DBA The Rubber Group), a manufacturer and distributor of compression and injected molded rubber products. The Rubber Group’s products include grommets, bellows, bumpers, seals, and hoses that are typically used in high-cost of failure applications in the medical, oil and gas, general industrial, and transportation sectors. The company…...
Altas Builds Investment Team with New Partners
Altas Partners has added two new partners to its investment team with the hirings of Paul Emery and Michael Korzinstone. Altas makes equity investments of $400 million to $1 billion and typically owns its portfolio companies over a longer term than other private equity firms. The firm manages more than $10 billion of capital and…...
