Valante Capital, the private equity arm of IDC Network, has acquired an equity stake in American Foods, a distributor of U.S. consumer goods to Latin America. Valante made the investment through its second fund, Ascend Fund II LP. American Foods specializes in deli products, meats, cheese, bread and baked goods, and food service items sold […]
Archives for 2024
Nautic Carves Out Specialty Tapes Division from Berry Global
Berry Global Group has entered into an agreement to sell its Specialty Tapes business to Nautic Partners for approximately $540 million. The Specialty Tapes Division (Specialty Tapes) produces over 1,500 SKUs of pressure-sensitive tapes and adhesives, catering to industrial, automotive, HVAC, building, medical and construction applications. The division’s product portfolio includes foil tapes such as […]
Branford’s Lafayette Instrument Adds-On with Buy of Alzet Osmotic Pumps
Lafayette Instrument, a Branford Castle Partners portfolio company, has acquired the Alzet Osmotic Pump product line from publicly traded DURECT Corporation for $17.5 million. Alzet Osmotic Pumps are miniature, implantable devices designed for preclinical studies to deliver precise, continuous doses of pharmaceuticals, peptides, and hormones to mice and other lab animals. These pumps operate without […]
Fortress Acquires Infra Pipe Solutions from Wynnchurch
Fortress Investment Group has acquired Infra Pipe Solutions (IPS) a leading manufacturer of high-density polyethylene (HDPE) pipes and structures, from Wynnchurch Capital. Wynnchurch established Infra Pipe Solutions in September 2018 after acquiring certain Canadian assets of Uponor Infra Oy, a Finland-based pipe manufacturer, for C$62.5 million. During its ownership, Wynnchurch facilitated the add-on acquisition of […]
Odyssey Carves Out Honeywell’s PPE Business for $1.3 Billion
Honeywell has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products, a portfolio company of Odyssey Investment Partners, for $1.325 billion in an all-cash transaction. PIP provides a wide range of hand protection products and other consumable personal protective equipment (PPE). With a catalog of over 5,000 SKUs, PIP’s products include […]
