Kohler has agreed to spin out its energy business, Kohler Energy, as a separate, independent business, to Platinum Equity with Kohler maintaining a minority interest in the business. This transaction has been valued at up to $3 billion. Kohler Energy was formed by Kohler in April 2023 to consolidate its power businesses under one umbrella. […]
Archives for November 7, 2023
Recochem Switches Sponsors
H.I.G. Capital has sold Recochem, a provider of industrial and household fluids, to CapVest Partners. H.I.G. will maintain a minority equity interest in Recochem in partnership with CapVest. Recochem is a manufacturer of branded, private label and bulk automotive aftermarket and household fluids used in consumers and industrial applications. The company’s products include windshield wiper […]
Bregal Sells TDBBS to Publicly Traded Central Garden & Pet
Publicly traded Central Garden & Pet has acquired TDBBS, a provider of natural pet chews and other pet treats, from Bregal Partners which acquired the business in January 2018 through its 2013 first fund. TDBBS products include bully sticks, antlers, jerkies, and yak cheese chews. The company sells its products online – both direct-to-consumer and […]
Kian Continues Hiring Spree
Lower-middle-market investor Kian Capital Partners has hired Jimbo Izlar as a new vice president. Mr. Izlar will be based in Atlanta, and he will be active with investment sourcing and screening, due diligence, transaction execution and portfolio management. “An integral part of Kian’s investment thesis is providing first institutional capital to founder/owner-operated businesses and working […]
