Levine Leichtman Capital Partners (LLCP) has acquired sister companies Kilwin’s Quality Confections and Kilwins Chocolates Franchise (together Kilwins). Kilwins is a franchisor, retailer, manufacturer and distributor of chocolate, ice cream and confectionary products. The company makes over 75 different products including boxed chocolates, cakes, truffles, caramel apples, caramel corn, toffee, salt water taffy, fudge, and […]
Archives for February 2023
RSI Chemicals Combining Forces with Imperative Chemical Partners
Imperative Chemical, a portfolio company of Hastings Equity Partners, has agreed to merge with RSI Chemicals, a portfolio company of One Equity Partners (OEP). Hastings will be the majority owner of the combined business. Imperative Chemicals is a provider of completion chemical, acid stimulation, and capillary injection products that are used by upstream and midstream […]
Mid-Market Valuations Cool
Three months ago, it seemed that all the ingredients were in place for middle market valuations to retreat from record levels. These ingredients included increased macro-economic uncertainty, a pullback in cash flow-based debt, and increased borrowing charges. In fourth quarter of 2022, the retreat materialized. Valuations on deals completed in the quarter averaged 6.8x Trailing […]
Hors d’oeuvres Anyone? West Lane and Wheel Launch New Platform
West Lane Capital Partners and Wheel Capital Partners have acquired a majority interest in Epicurean Catering. Epicurean is a provider of custom and handmade hors d’oeuvres and other high volume food items to Las Vegas hotels and event spaces, and stadiums. The company’s food products use a range of proteins and ingredients including beef and […]
Always Active Abacus Starts Fast
Abacus Finance is continuing its active support of private equity buyouts with the close of new transactions for Thompson Street Capital Partners, American Pacific Group, Pine Tree Equity, and WestView Capital. In December, Abacus provided $34.5 million of debt to support American Pacific’s acquisition of Media 1 Digital Imaging Solutions, a distributor and integrator of […]
