Publicly traded PerkinElmer has closed the sale of its applied, food and enterprise services businesses (AFES) to New Mountain Capital. Back in August 2022, the two parties struck an agreement for the sale of AFES for up to $2.45 billion in cash. PerkinElmer (NYSE: PKI) is a provider of products and services used by scientists, […]
Archives for March 16, 2023
Arcline’s Signia Adds Lifesaving Systems
Signia Aerospace, a portfolio company of Arcline Investment Management, has acquired Lifesaving Systems, a supplier of helicopter and maritime rescue and survival equipment. Lifesaving Systems’ products include rescue hooks and personnel harnesses, US Coast Guard-approved life jackets, titanium ladders and rescue litters, strobe lights used to signal for help, and rescue strops that are used in […]
New State Closes First Add-on for Patuxent Platform
Patuxent Roofing & Contracting, a portfolio company of New State Capital Partners, has acquired L.D. Tebben Company, a commercial re-roofing contractor serving markets in Texas and Oklahoma. Patuxent Roofing & Contracting (PRC) is a provider of roofing installation and waterproofing services. The company primarily focuses on re-roofing services for government, institutional, industrial, and multi-family end […]
Edgewater Builds Armor Platform
Iten Defense, a portfolio company of Edgewater Capital Partners, has completed the acquisition of Transparent Armor Solutions. Iten Defense specializes in the manufacturing of composite armor products used by military and law enforcement end users for personal protection, and with military vehicles, watercraft and aircraft. Iten’s products are manufactured using a combination of ballistic materials […]
