Generation Growth Capital (GGC) has formed American Consolidated Metals as a new platform within the metal manufacturing sector and has announced the acquisitions of Federal Tool & Engineering, BP Metals, and Rockford Specialties. Federal Tool & Engineering is a contract manufacturer of metal stampings, fabrications, and assemblies used by OEMs in commercial and industrial generators, […]
Archives for December 19, 2023
Rainier Looks to Carpet the World
SCI Flooring, a portfolio company of Rainier Partners, has acquired United Carpet, a provider of floor coverings to the multi-family, commercial, and residential markets. United Carpet’s commercial customers include schools and universities, hotels and casinos, retirement communities, and healthcare facilities. United Carpet’s products include carpet, vinyl, ceramic tile, hardwood and laminate, with the business also […]
Soundcore Soars Over the Roof with Sale of RCA
Soundcore Capital Partners has sold Roofing Corporation of America to publicly traded FirstService Corporation for $413 million. Roofing Corporation of America (RCA) is an Atlanta-headquartered provider of commercial, industrial, and residential roof replacements and repairs, new roof installation, and ongoing preventative maintenance services. RCA operates from 16 regional branch locations across 11 US states, spanning […]
Turnspire Closes Fund II at $275 Million Hard Cap
Turnspire Capital Partners has closed Turnspire Value Fund II LP at its hard cap with $275 million of capital commitments. New York City-based Turnspire invests in North America-based companies with revenues between $50 million and $400 million, and positive or negative EBITDA. The firm specializes in corporate carve-outs, family ownership transitions, companies in financial or […]
