Sentinel Capital Partners has sold ECM Industries to nVent Electric for $1.1 billion. Sentinel acquired ECM in February 2020. ECM is a manufacturer and supplier of electrical products and maintains an inventory of more than 5,000 SKUs that are used in the construction, maintenance, lighting, irrigation, landscape supply, and gas utility markets. Customers of ECM […]
Archives for May 26, 2023
Avem Launches Aero Platform
Aerospace and defense investor Avem Partners has acquired Astech Engineered Products, a designer and manufacturer of aerostructures. Investing in the transaction alongside Avem Partners and its principals are True West Capital, several aerospace industry executives, and other high-net-worth individuals. Astech is a supplier of welded honeycomb metallic aerostructures used in aerospace and defense applications. The […]
Vestar and Grey Lion Build Online Training Giant
360training, a portfolio company of Vestar Capital Partners and GreyLion Partners, has closed two add-on acquisitions with the buys of ACLS Medical Training and Safety Provisions. GreyLion first invested in 360training in 2018 and Vestar invested in 2022 with Grey Lion remaining a significant owner of the company. 360training is a provider of regulatory-approved online […]
Godspeed Rockets to Fund II Close
Godspeed Capital has held a final and oversubscribed close of Godspeed Capital Investment Program II LP (Fund II) with $250 million in capital commitments. Fund II was raised in less than six months and exceeded its $185 million initial target. Godspeed’s first fund, Godspeed Capital Investment Program I LP, closed with $155 million of capital […]