One Rock Capital Partners has sold its portfolio company CentroMotion, a maker of industrial actuation and controls, to Lone Star Funds. CentroMotion is a manufacturer of motion, actuation and control products used in agriculture, specialty and commercial vehicles, construction and industrial applications. CentroMotion goes to market under several well-known industry brands including Power-Packer, a provider […]
Archives for September 7, 2023
Gemspring Acquires Midland Industries
Gemspring Capital Management has acquired Midland Industries, a manufacturer and distributor of pipe, valve, and fitting products, from Wynnchurch Capital. Midland distributes and manufactures more than 40,000 SKUs of hoses, fittings, valves, and other products used in the industrial, hose, fluid power, plumbing, oil and gas, truck and trailer, and power transmission markets. Kansas City, […]
Sterling’s Artisan Design Group Adds KB to its Platform
Artisan Design Group, a portfolio company of The Sterling Group, has acquired KB Kitchen & Bath. KB Kitchen is an installer and distributor primarily serving the single-family housing market. The company’s kitchen and bath cabinetry and countertops include Kraftmaid, Aristokraft, Diamond, Legacy, Quartz and other leading brands. KB Kitchen, led by CEO Bob Wilkes, is […]
Saothair Goes Cruising with MJM Yachts
Saothair Capital Partners has formed Seolta Holdings to acquire the business and assets of MJM Yachts. MJM is a designer and builder of high-performance Carolina Downeast-style luxury yachts. Carolina Downeast-style boats are a classic type of recreational boat originating from the New England and Atlantic Canadian regions. These boats – used for sportfishing, cruising, and […]
