Integrity Partners Group (IPG), a chemical distribution platform of OpenGate Capital, has acquired selected assets of the military and aerospace division of West Penetone. West Penetone is a maker of specialty chemicals used in cleaning and sanitation applications. The company operates facilities in California, New Jersey, Wisconsin, Quebec, and Alberta. West Penetone’s military and aerospace […]
Archives for October 18, 2023
J.F. Lehman is Crystal Clear on Crystal Clean’s Future
J.F. Lehman & Company has closed its acquisition of publicly traded Crystal Clean at a valuation of $1.2 billion. Crystal Clean is a provider of parts cleaning services, used oil re-refining, hazardous and non-hazardous waste disposal, emergency and spill response, and other industrial and field services. Customers of the company include vehicle maintenance businesses, manufacturers and […]
NexPhase Beats Fund V Target
NexPhase Capital has closed NexPhase Capital Fund V LP (NPC V) with $795 million in capital, $45 million above its $750 million target. NexPhase was formed in 2016 by former principals of Moelis Capital Partners, the private equity division of Moelis Asset Management. The NexPhase team is led by managing partners Kurt Larsen and Ted […]
Graycliff Hits Fund V Hardcap
Graycliff Partners has closed the firm’s fifth lower middle market private equity fund, Graycliff Private Equity Partners V LP (Fund V). The firm’s new fund was oversubscribed and closed at its hard cap of $600 million in limited partner commitments in a single closing and included significant additional capital commitments from Graycliff’s partners and employees. […]
