Windjammer Exits AI at 24x

Windjammer Exits AI at 24x

Windjammer Capital has agreed to sell Advanced Instruments to Patricia Industries, a subsidiary of industrial holding company Investor AB, at an enterprise value of $780 million. Windjammer acquired Advanced Instruments from its founding family in October 2016. Advanced Instruments (AI) manufactures test and measurement instruments and related consumables that are used in scientific and analytical […]

Graham Sells Pet Food Platform

Graham Sells Pet Food Platform

Graham Partners has sold BrightPet Nutrition Group, a maker of premium and super-premium pet food and treats. BrightPet specializes in branded and private label pet foods and also provides co-packing services. The company is headquartered 60 miles southeast of Akron in Lisbon, Ohio. Graham created the BrightPet platform in April 2016 through the acquisition of […]

Arlington Sells Centauri at Big Multiple

Arlington Sells Centauri at Big Multiple

Arlington Capital Partners has agreed to sell Centauri to publicly traded KBR for $827 million in cash. Centauri is a provider of engineering, intelligence, cybersecurity and advanced technology to intelligence and national defense agencies for applications on land, air, sea, space, and cyberspace. The company specializes in outer space and directed energy applications. Centauri was […]

Blackford Sells Ellison Bakery to Tilia

Blackford Sells Ellison Bakery to Tilia

Blackford Capital has sold Ellison Bakery, a manufacturer of bakery products sold to the foodservice industry, and retail and private label sectors, to Tilia Holdings, a Chicago-based firm that invests in the food sector. Ellison Bakery was founded by Donald Ellis in a family garage in 1945 and supplied baked goods to restaurants and grocery […]

Sonny’s Switches Sponsors

Sonny’s Switches Sponsors

Genstar has acquired Sonny’s Enterprises, a manufacturer of car wash equipment and supplies, from Sentinel Capital Partners. Sonny’s is the largest manufacturer and distributor of conveyorized car wash equipment, parts and supplies in the world with more than 12,000 SKUs. Customers of the company include both small independents and large national car wash chains throughout […]

Transom Hits Grand Slam

Transom Hits Grand Slam

After a mere 14-month hold, Transom Capital has sold its portfolio company Pelco to Motorola Solutions. Pelco is a designer, developer and manufacturer of video security products including video security cameras, video management and recording systems, and security software. The company is led by CEO Kurt Takahashi and is headquartered in Fresno, California. Pelco was […]

Gen Cap Exits Aero Systems

Gen Cap Exits Aero Systems

After just over a five-year hold, Gen Cap America has sold Aero Systems Engineering to Calspan Technology. Aero Systems Engineering (ASE) designs, builds and upgrades jet engine testing and wind tunnel facilities, and provides lab testing services and equipment (thrust stands, engine adapters, universal test components) for jet engines and airframes. ASE’s products and services […]

Lakeview Banks Big Multiple on UAS Sale

Lakeview Banks Big Multiple on UAS Sale

Lakeview Equity Partners has sold its portfolio company, UAS Laboratories, to Chr. Hansen at an enterprise value of $530 million. Lakeview acquired UAS Laboratories in April 2013. United Agricultural Services Laboratories (DBA UAS Laboratories) is a biotechnology company that formulates and markets probiotics for both domestic and international markets. The company’s probiotic fermentation is conducted […]

Thompson Street Exits Lab Platform

Thompson Street Exits Lab Platform

Thompson Street Capital Partners (TSCP) has sold Analytical Lab Group to Element Materials Technology, a portfolio company of Bridgepoint Capital. Analytical Lab Group (ALG) provides FDA- and EPA-focused microbiology testing services to the healthcare, drug, and consumer product industries. The company’s testing services include microbiological examination; sterility; batch release (certification of a medicinal product or […]

Resilience Sells Brands to Scott’s

Resilience Sells Brands to Scott’s

CR Brands, a portfolio company of Resilience Capital Partners, has sold its Biz Stain & Odor Eliminator (Biz) and Dryel product lines to publicly traded Scott’s Liquid Gold. The purchase price for the two product lines is $9.25 million including $1.2 million of finished inventory. An earn-out tied to the initiation of sales to a […]