Pfingsten Sells ZSi-Foster

Pfingsten Sells ZSi-Foster

Pfingsten has sold ZSi-Foster to Ideal-Tridon, a portfolio company of Snow Phipps Group. ZSi-Foster is a manufacturer and distributor of support systems, cushioned clamping and quick disconnect coupling devices that are attached to pipe, tube and hose to prevent vibration, shock, surge and corrosion.  The company’s products are used in the general industrial, fluid power, […]

Valicor Switches Sponsors

Valicor Switches Sponsors

Wind Point Partners has agreed to sell Valicor Environmental Services, a provider of non-hazardous wastewater treatment services, to Pritzker Private Capital. The transaction is expected to close later this month. Wind Point partnered with waste management and environmental services executive James Devlin in June 2017 to acquire Valicor Environmental Services, a division of employee-owned Valicor […]

Levine Leichtman Exits Regional Rail

Levine Leichtman Exits Regional Rail

Levine Leichtman Capital Partners (LLCP) has completed the sale of Regional Rail to 3i Group. LLCP acquired the company in October 2015 from private equity firm FirstCity Crestone. Regional Rail is an operator of short line railroads in the mid-Atlantic region of the United States with over 155 miles of track connecting into a Class […]

Trilantic Sells Franchising Services Company

Trilantic Sells Franchising Services Company

Trilantic North America has sold Home Franchise Concepts (HFC), a franchising system in the home improvement and services sector, to JM Family Enterprises. Trilantic acquired HFC in 2015. HFC’s service brands include Budget Blinds, a provider of blinds, shades, drapery, and other smart home products; Tailored Living, a provider of home storage and organizational products […]

Lariat Sells Offen Petroleum to Court Square

Lariat Sells Offen Petroleum to Court Square

Lariat Partners has sold Offen Petroleum, one of the largest fuel distributors in the Western US, to Court Square Capital Partners. Offen Petroleum is a provider of fuel, lubricants, and logistics services in Colorado and the Rocky Mountain region. The company distributes over 1 billion gallons of motor fuel annually and serves as both a […]

KPS Scores on Sale of Chassis Brakes

KPS Scores on Sale of Chassis Brakes

KPS Capital Partners has agreed to sell its portfolio company Chassis Brakes International Group to Hitachi Automotive Systems, a subsidiary of publicly traded Hitachi. Chassis Brakes is one of the world’s three largest manufacturers of automotive foundation brakes and related components. The company’s primary products include brake calipers, disk brakes, drum brakes and parking brakes. […]

Ares and OMERS Sell NVA to JAB

Ares and OMERS Sell NVA to JAB

Ares Management (NYSE: ARES) and OMERS Private Equity have agreed to sell National Veterinary Associates (NVA) to JAB Investors. Ares Management acquired NAV in July 2014 from Summit Partners which first invested in the company in 2007. NVA is one of the largest veterinary and pet care services organizations in the world and provides a […]

Liberty Hall Sells AIM to Sekisui Chemical

Liberty Hall Sells AIM to Sekisui Chemical

Liberty Hall Capital Partners has agreed to sell AIM Aerospace, a supplier of composite parts used in the commercial aerospace industry, to Sekisui Chemical Group for $510 million in cash. Liberty Hall acquired AIM in January 2016 for $200 million in partnership with BlackRock Private Equity Partners and Northwestern Mutual Capital. AIM Aerospace is a […]

Versa Sells Polartec to Milliken & Company

Versa Sells Polartec to Milliken & Company

Versa Capital Management has agreed to sell Polartec, a maker of polar fleece fabric and other textiles, to Milliken & Company. In February 2007, Versa (then Chrysalis Capital Partners) formed Polartec to acquire the assets of Malden Mills Industries following a bankruptcy filing by the company in January 2007. Malden Mills’ troubles began in December […]

Aterian Exits Johnstown Wire Technologies

Aterian Exits Johnstown Wire Technologies

Aterian Investment Partners has sold Johnstown Wire Technologies (JWT) to Liberty Steel, an affiliate of GFG Alliance. JWT is one of the largest producers of value-added carbon and alloy wire in North America. The company’s manufacturing processes include hydrochloric acid cleaning and coating, wire drawing, electro-galvanizing, aluminizing, and continuous coil annealing. JWT’s wire products are […]