Arizona Natural Resources, a portfolio company of CORE Industrial Partners, has acquired Contract Filling Inc., a contract manufacturer of fragrances, deodorants, and cosmetic products. Contract Filling’s products include perfume, cologne, hairspray, body mist, and deodorant sticks. The company’s capabilities include compounding, long and short-run production, filling, and packaging. CFI is one of the few manufacturers […]
Archives for September 20, 2022
Avance Doubles Up Target on Inaugural Fund
Avance Investment Management has held a final close of its inaugural fund, Avance Investment Partners LP, with total capital commitments of approximately $1.1 billion. The new fund had an original target of $500 million. Limited partners in Fund I include pension plans, insurance companies, foundations, fund of funds, and industry executives. “This is an exciting […]
Resurgens Hits Fund II Hard Cap
Resurgens Technology Partners, a tech-focused private equity firm, today announced it has completed fundraising for Resurgens Technology Partners II LP with more than $500 million in capital. The firm’s new fund was oversubscribed and closed at its revised hard cap. Resurgens makes majority investments in profitable lower middle-market companies that have from $5 million to […]
Constantine Elefter Promoted to Partner at MPE
MPE Partners has promoted Constantine Elefter to partner. Mr. Elefter rejoined MPE’s Cleveland office as a principal in May 2021, having previously served as an associate at Morgenthaler and as a senior associate at MPE Partners from 2010 to 2013, prior to attending business school. MPE’s partner ranks now totals six, with Mr. Elefter joining […]