Windjammer Capital Acquires Shercon

Windjammer Capital Acquires Shercon

It was announced today that Protective Industries, a portfolio company of Windjammer Capital Investors, has acquired Shercon, a provider of standard and custom die cuts and molded rubber masking solutions. The transaction closed on April 30, 2012. Shercon is a provider of standard and custom die cuts and molded rubber masking solutions, including caps, plugs, […]

The Carlyle Group Invests in Genesee & Wyoming

The Carlyle Group Invests in Genesee & Wyoming

The Carlyle Group announced today that it has agreed to invest up to $800 million in Genesee & Wyoming, an operator of short line and regional freight railroads, which will enable Genesee & Wyoming to acquire RailAmerica, a portfolio company of Fortress Investment Group, for an all cash purchase price of $2 billion. Genesee & […]

Kilmer Capital Partners Invests in Artaflex

Kilmer Capital Partners Invests in Artaflex

Artaflex, an electronic contract manufacturer, has entered into an agreement to acquire MTI International for US$12.7 million. As part of this transaction Kilmer Capital Partners has agreed to invest C$15.3 million in Artaflex through a C$10.3 million secured convertible debenture and a C$5.0 secured promissory note. The net proceeds of the debenture and the promissory […]

Avista Capital Partners Acquires Knology

Avista Capital Partners Acquires Knology

Credit Suisse, Morgan Stanley, RBC Capital Markets, SunTrust Robinson Humphrey and Bank of Tokyo-Mitsubishi have provided fully committed debt financing in connection with the transaction. Knology is a provider of video, voice, data and advanced communications services to residential and business customers in 10 markets in the southeastern United States and three markets in the […]

Levine Leichtman Acquires DRI Corporation

Levine Leichtman Acquires DRI Corporation

Levine Leichtman Capital Partners (LLCP) has announced that its portfolio company Luminator Technology Group has completed the acquisition of certain assets and equity holdings of DRI Corporation, a designer and manufacturer of electronic destination signs. DRI Corporation manufactures, sells and services Mobitec® and TwinVision® electronic information display systems. The company is based in Research Triangle […]

Markel Ventures Acquires IDRECO

Markel Ventures Acquires IDRECO

Markel Corporation announced today that its portfolio company Ellicott Dredge Enterprises, through its subsidiary Rohr International Dredge, has acquired IDRECO GmbH, a manufacturer of dredges. IDRECO manufactures deep digging electrical suction and cutter suction dredges serving primarily the sand and gravel and mining sectors. The company is based in Heerenberg, The Netherlands (www.idreco.nl). Rohr International […]

Markel Ventures Acquires Tromp Bakery Equipment

Markel Ventures Acquires Tromp Bakery Equipment

Markel Ventures announced today that its portfolio company AMF Bakery Systems has completed the acquisition of Tromp Bakery Equipment, a supplier of baking equipment. “We are excited to join forces with Tromp,” stated Ken Newsome, president of AMF. “This strategic addition enables us to leverage our position as a global leader in high-speed bread and […]

The Riverside Company Acquires CityWatch

The Riverside Company Acquires CityWatch

Emergency Communications Network (ECN), a portfolio company of The Riverside Company, has acquired CityWatch, a provider of emergency and informational notification services, from Avtex.“This is an exciting acquisition,” said Riverside Partner Chris Jones. “It reinforces ECN’s market leadership in the government notification space, helps the company diversify into the corporate and non-profit sectors, and introduces […]

Bay Grove Capital Acquires Castle & Cooke Cold Storage

Bay Grove Capital Acquires Castle & Cooke Cold Storage

Lineage Logistics, a warehousing and logistics company and a portfolio company of Bay Grove Capital, today announced that it has acquired Castle & Cooke Cold Storage, a third-party warehousing logistics company, from Castle & Cooke. Castle & Cooke Cold Storage (“CCCS”) operates 24 facilities totaling 112 million cubic feet located across California, Illinois, Maryland, Missouri, […]

The Riverside Company Acquires The Promotional Specialists

The Riverside Company Acquires The Promotional Specialists

The Riverside Company has acquired The Promotional Specialists, a supplier of promotional products for a wide variety of brand-oriented clients, as an add-on to existing portfolio company Pareto. Promotional Specialists focuses on promotional products for consumer promotions, trade incentive programs, product launch initiatives, direct marketing support programs, employee reward programs, and sponsorship and community events. […]