Audax and Odyssey Close PIP Transaction

Audax and Odyssey Close PIP Transaction

Audax Private Equity has closed its December announced sale of Protective Industrial Products to Odyssey Investment Partners. Protective Industrial Products (PIP) is a provider of hand protection products and other consumable personal protective equipment (PPE). The company’s products, which total more than 5,000 SKUs, include hand and arm, eye, head, hearing, body, and respiratory protection. […]

Freeman Spogli Sees Green on Latest Exit

Freeman Spogli Sees Green on Latest Exit

Freeman Spogli has agreed to sell Green Garden Products to publicly traded Central Garden & Pet for $532 million. Freeman Spogli acquired Green Garden (then Plantation Products) in January 2015 from RFE Investment Partners. Green Garden is a seller of vegetable, herb and flower seed packets, seed starters, and plant nutrient products through over 70,000 […]

New Harbor Exits Wedgewood Pharmacy

New Harbor Exits Wedgewood Pharmacy

New Harbor Capital has agreed to sell Wedgewood Pharmacy, one of the largest veterinary drug compounders in the United States, to Partners Group. Compound medications are prescriptions and medication orders that are written by physicians, veterinarians and other authorized prescribers when there is no commercially available alternative. The prescriptions are prepared by specially trained pharmacists […]

Red Monkey Switches Sponsors

Red Monkey Switches Sponsors

San Francisco Equity Partners (SFEP) has sold Red Monkey Foods to Norwest Equity Partners. SFEP acquired Red Monkey in January 2017. Red Monkey is a supplier of natural and organic, branded and store-branded spices, seasonings, salts and bath salts that are sold through the grocery, mass, specialty and e-commerce channels. The company is certified USDA […]

Paine Schwartz Exits FoodChain ID

Paine Schwartz Exits FoodChain ID

Paine Schwartz Partners has sold FoodChain ID, a provider of food safety and testing services, to Berkshire Partners. FoodChain ID provides its more than 30,000 food, feed, and agricultural customers with food safety and food quality testing and accreditation services including non-GMO project verification, non-GMO ingredient supply chain compliance, and research and development formulation consulting. […]

L Squared Exits Learners Edge

L Squared Exits Learners Edge

L Squared Capital Partners has sold Learners Edge, an online provider of continuing education services, to Quad-C Management. Learners Edge is a direct-to-teacher provider of online professional development, continuing education and master’s degree programs for K-12 teachers. Teachers use the company’s products to satisfy their teacher certification requirements or to move up their salary scale […]

Huntsman Closes Second Advanced Materials Buy

Huntsman Closes Second Advanced Materials Buy

Audax Private Equity has agreed to sell specialty chemical maker Gabriel Performance Products to publicly traded Huntsman Corporation for $250 million in cash. Akron-headquartered Gabriel Performance Products is a maker of specialty additives and epoxy curing agents used in the coatings, adhesives, sealants and composite end-markets. Gabriel operates three manufacturing facilities in Ohio, Pennsylvania and […]

Atlas Exits Novipax, Keeps Trays Unit

Atlas Exits Novipax, Keeps Trays Unit

Atlas Holdings has sold Novipax, a maker of absorbent pads, to ACON Investments. Novipax was formed by Atlas in 2015 to acquire the North American foam tray and absorbent pad businesses of publicly traded Sealed Air. According to Novipax, it is the largest US producer of absorbent pads that are used in the packaging of […]

Gryphon Sells Zicam to Church & Dwight

Gryphon Sells Zicam to Church & Dwight

Gryphon Investors has sold Matrixx Initiatives, an over-the-counter cold medicine company, to publicly traded Church & Dwight. Gryphon acquired Matrixx Initiatives in December 2017. Matrixx makes and markets over-the-counter remedies, including the Zicam brand of nasal sprays and swabs; allergy, congestion, and sinus relief products; and medicated lozenges and fruit drops. The company is led […]

Olympus Hits Big Multiple On Latest Exit

Olympus Hits Big Multiple On Latest Exit

Olympus Partners has agreed to sell Ennis-Flint, a maker of pavement markings and traffic safety products, to publicly traded PPG for $1.15 billion. Ennis-Flint makes and sells durable and retro-reflective marking products – including traffic paint and raised plastic pavement markers – used in the construction, maintenance and repair of highways, roads, and airports. The […]