Platinum Equity and Butterfly Equity has agreed to acquire Rise Baking Company from Olympus Partners. Platinum Equity and Butterfly will be equal partners in the investment. Rise Baking manufactures cookies, icings, cakes, pies, muffins, brownies, dessert bars, artisan breads, and flatbreads sold through the in-store bakery, foodservice, and convenience store channels. Company-owned brands include Table Talk, […]
Archives for September 20, 2024
Forest Hill Exits Actuator Maker
Forest Hill Partners has sold Micromatic to MITAR Private Capital, an Indianapolis-based private equity firm. Micromatic specializes in the development, manufacturing, and distribution of rotary vane actuators, waste management equipment, and automation assembly equipment and systems. Rotary vane actuators, sold marketed under the ROTAC brand, convert hydraulic or pneumatic pressure into high-torque rotational motion. Micromatic’s […]
Industrial Growth Partners Acquires Alpha Metalcraft
Industrial Growth Partners has acquired Alpha Metalcraft Group in partnership with the company’s senior management team. Alpha Metalcraft Group (AMG) manufactures formed metal components with tight tolerances and complex shapes that are used in commercial aerospace, rotorcraft, military aircraft, munitions, and space applications, as well as in the medical and industrial sectors. AMG’s customers include […]
Flexpoint Ford Hires New Managing Director
Flexpoint Ford has hired Emily Henry as Managing Director, Investor Relations and Capital Formation, based in the firm’s New York office. Ms. Henry will oversee Flexpoint’s investor relations initiatives and lead the firm’s engagement with current and prospective investors. Director of Investor Relations and Capital Formation Meredith Stein will work closely with Ms. Henry. With […]