Ingersoll Rand has agreed to sell its specialty vehicle technologies segment (Club Car) to Platinum Equity for $1.7 billion. Club Car is a maker of low-speed, electric and gas-powered vehicles used in the golfing, commercial and consumer sectors. Augusta, Georgia-based Club Car was founded in 1958 and was purchased by a group of eight former…...
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TZP Invests in Kindred Bravely
TZP Group has acquired a majority equity interest in Akerson Enterprises (DBA Kindred Bravely) a provider of maternity apparel. Kindred Bravely is a direct-to-consumer and digital brand that specializes in apparel for pregnant and nursing mothers. The company’s products include bras, loungewear, underwear, and sleepwear. In 2019, the company was ranked #20 on Inc.com’s list…...
Branford Castle Buys Lie Detector Maker
Branford Castle has acquired Lafayette Instrument, a maker of polygraph equipment and other scientific instruments. Lafayette’s polygraph products were first introduced in 1972 and include software and algorithms, computers, heart rate monitors, headsets, arm cuffs, electrodes, and activity sensors. These products are used by federal law enforcement and security agencies, as well as state and…...
Main Street Invests in Grand Flower Growers
Main Street Capital has made a minority investment in Grand Flower Growers (GSG), a grower and distributor of plants and flowers. GFG products includes annuals, mums, poinsettias, perennials and other floral arrangements. The company supplies its products to Home Depot garden centers in the greater Chicago metropolitan area. GFG was founded in 1999 and operates…...
Century Park Returns to Automotive Aftermarket
Century Park Capital Partners has acquired CJ Pony Parts, an e-commerce seller of restoration and performance parts to auto enthusiasts. CJ Pony specializes in parts for classic Mustangs – those manufactured from 1964 to 1973 – and, with more than 65,000 SKUs, has a leading market share of this specialized aftermarket segment. In addition to classic…...
