Audax Private Equity has agreed to acquire the Clinical Services business (CSB) of publicly traded Avantor for $650 million. CSB operates as part of Avantor’s laboratory solutions segment and provides three core services supporting clinical trials and laboratory operations. Through its Therapak brand, CSB provides custom kitting services, producing over 22 million kits annually and […]
Archives for August 21, 2024
Alpine’s Guardian Restoration Continues Ascent
Guardian Restoration Partners, a platform company of Alpine Investors, has acquired two restoration services businesses with the buys of Quick Dry Restoration and Spartan Emergency Water Removal. Guardian’s group of companies provide commercial and residential restoration services for water and fire damage, mold, lead, asbestos and biohazards. The company is led by CEO Bruno Slosse, […]
Shur-Co Buys US Tarp
Shur-Co, a manufacturer of cargo covering and cargo control systems and a portfolio company of Behrman Capital, has acquired US Tarp from Brighton Partners. US Tarp manufactures and distributes automated and manual truck and trailer tarping systems used on commercial medium-duty trucks, heavy-duty tractor-trailers, dump trucks and roll-off container handling equipment across the construction, landscaping, […]
HarbourVest Closes Latest Secondaries Funds at Record $18.5 Billion
HarbourVest has held an oversubscribed, hard cap, and final closing of its eleventh private equity secondaries fund, Dover Street XI LP, with $15.1 billion of capital. In addition, the firm held a final close for its Secondary Overflow Fund V LP with an additional $3.4 billion of capital for secondary co-investment opportunities. Limited partners in […]