Gridiron Capital has agreed to sell its controlling interest in Good Sportsman Marketing Outdoors (GSM) to Platinum Equity. Gridiron acquired GSM, a provider of accessories used in the hunting, sport shooting, and outdoor enthusiast markets, from Sentinel Capital in November 2020. GSM is a developer, manufacturer, marketer, and seller of a portfolio of more than […]
Archives for July 24, 2024
MPE Acquires LA-CO Industries
MPE Partners has made an investment in family-owned LA-CO Industries, a manufacturer and supplier of specialty chemicals and industrial marking products. LA-CO’s product line includes industrial hand-held markers, temperature indicating tools, sterilization inks, plumbing chemicals, and livestock identification products that are used in a range of applications in the plumbing, HVAC, electrical, construction and agriculture […]
Agellus Capital Closes Inaugural Fund at $400 Million
Agellus Capital has held a final and hard cap close of its debut fund, Agellus Capital Private Equity Fund I LP (Fund I), with total limited partner capital commitments of $400 million. The new fund was oversubscribed and closed above its $350 million target after just five months of fundraising. Agellus was founded in March […]
NewSpring Mezzanine Raises New and Largest Fund
NewSpring has held a final and oversubscribed close of NewSpring Mezzanine Capital V LP with $390 million of capital commitments. NewSpring’s new mezzanine fund (NSM V) was backed by both existing and new limited partners including banks, insurers, public pension plans, financial institutions, and individuals. Like its earlier mezzanine funds, NSM V is organized as […]