Comvest Partners has closed the sale of Systems Control, a manufacturer of substation control systems, to publicly traded Hubbell at an enterprise value of $1.1 billion. Comvest acquired System Control in March 2018 from David Brule, the majority shareholder of Systems Control. Systems Control specializes in engineering and manufacturing of equipment enclosures, control and relay […]
Archives for December 15, 2023
Food for Thought: CD&R Acquires Shearer’s from Teachers
Clayton Dubilier & Rice has agreed to acquire Shearer’s Foods, a contract manufacturer and private label supplier of snacks, from Ontario Teachers’ Pension Plan (Teachers). Teachers first invested in Shearer’s Foods in November 2012 when it partnered with Wind Point and C.J. Fraleigh, the former CEO of Sara Lee North America, to acquire the business. […]
Harvest Marks the Way with Buy of Road Safety Services
Harvest Partners has acquired Road Safety Services from Parallel49 Equity. Omaha-headquartered Road Safety Services (RSS) was formed by Parallel49 in November 2017 to acquire Minnesota-based Sir Lines-a-Lot, a provider of road safety services, including pavement marking and related services. Parallel49 and RSS then added to its platform with the buys of Virginia-based Mullens Markings (September […]
Blue Point Closes Fifth Add-On for TAS Environmental
TAS Environmental Services (TAS), a portfolio company of Blue Point Capital Partners, has added on with the buy of Environmental Concepts & Services (ECS). Blue Point acquired TAS, a provider of environmental and industrial services, in May 2019 from TEAM Partners. ECS is a specialized provider of waste transportation, non-hazardous waste treatment and disposal services […]
