Advent International has reached an agreement with Bain Capital Private Equity to acquire Imperial Dade, a distributor of foodservice packaging and janitorial supplies. Imperial Dade has over 90,000 customers located across North America, Puerto Rico, and the Caribbean who are active in the cruise lines, education, hospitality, sports and entertainment, food service, food processing, healthcare,…...
Transactions
Shore Partners Up with OC Flavors
Shore Capital has invested in OC Flavors, a developer and manufacturer of natural and organic-compliant liquid and powdered flavors. The company’s flavor profiles include various fruits, vanilla, chocolate, caramels, coffee, cola, floral, and herbal. OC’s products are used in various sectors and applications, including bakery, beverage, dairy, toppings, fillings, syrups, sauces, dressings, nutraceuticals, and condiments…....
Align Sells Protegis to BlackRock
Align Capital Partners has sold Protegis Fire & Safety to Summit Fire & Security, a subsidiary of Summit Companies, a portfolio company of BlackRock. Protegis Fire & Safety is an Independence, Ohio-based provider of inspection, maintenance, installation, and repair services for fire and security systems and equipment. The company has branches in Ohio, Florida, and…...
MiddleGround Closes Third Add-On to Alco
MiddleGround Capital has acquired machined parts manufacturer Teale Machine Company through its portfolio company Alco Manufacturing. Teale is a manufacturer of high-tolerance and high-volume machined parts used in the aerospace, appliances, building products, electronics, automotive, and medical end markets. Teale’s machining capabilities include multi-spindle, centerless grinding, secondary processing, and assembly across various metal types, including…...
Micross Carves Diodes Business from Semtech
Micross Components, a portfolio company of Behrman Capital, has acquired the high-reliability discrete diodes and assemblies business (DDA) of publicly traded Semtech for $30 million in an all-cash transaction. DDA is a provider of diodes (electronic components that conduct current primarily in one direction), rectifiers (devices that convert alternating current to direct current), and transient…...
