Golden Gate Hits Big Multiple on Exit

Golden Gate Hits Big Multiple on Exit

Golden Gate Capital has agreed to sell specialty chemical maker ArrMaz to Arkema Group for approximately $570 million. ArrMaz was acquired by Golden Gate Capital in December 2012. ArrMaz is a producer of custom formulated specialty chemicals used as functional additives and process aids to the fertilizer and asphalt industries and it also provides specialty […]

After EBITDA Triple, L Squared Exits Virtium

After EBITDA Triple, L Squared Exits Virtium

L Squared Capital Partners has sold Virtium, a provider of industrial grade memory storage products, to Court Square Capital Partners. L Squared invested in Virtium in July 2015. Virtium is a provider of customized, ruggedized, and highly engineered industrial grade solid state drive (SSD) and other memory products used by OEMs in the communications, energy, […]

Compass Diversified Exits Clean Earth

Compass Diversified Exits Clean Earth

Compass Diversified Holdings has agreed to sell CEHI Acquisition Corporation, the parent company of Clean Earth, Inc., to Harsco Corporation (NYSE: HSC) for approximately $625 million in cash. Compass Diversified acquired Clean Earth in August 2014 from Littlejohn & Co. Clean Earth is a provider of environmental services for a variety of contaminated materials including […]

Clearview Sells AMPS to AMN

Clearview Sells AMPS to AMN

Clearview Capital has signed an agreement to sell Advanced Medical Personnel Services (AMPS), a healthcare staffing company, to publicly-traded AMN Healthcare Services for $200 million with an additional payment of up to $20 million based on AMPS’ 2019 performance. AMPS specializes in the placement of physical therapists, occupational therapists, speech-language pathologists and specialized nurses on […]

Gen Cap Exits Alpha Technics

Gen Cap Exits Alpha Technics

Gen Cap America has sold Alpha Technics, a maker of sensor assemblies and precision thermometry instruments, to publicly- traded TE Connectivity. Gen Cap acquired Alpha Technics in April 2011. Alpha Technics products are used in the in medical, biotech, life sciences and industrial sectors and include temperature sensors and sensor assemblies for patient monitoring and […]

3M to Acquire Acelity

3M to Acquire Acelity

A consortium of private equity investors composed of Apax Partners, Canada Pension Plan Investment Board (CPPIB) and Public Sector Pension Investment Board (PSP) has agreed to sell Acelity Inc. and its KCI subsidiaries to 3M at an enterprise value of approximately $6.7 billion. The EBITDA multiple for this transaction is shown below. The three investors […]

Lariat Sells Jacent to Gridiron

Lariat Sells Jacent to Gridiron

Lariat Partners has sold Jacent, a distributor and merchandiser of non-edible, general merchandise impulse items sold through grocery stores and other retail channels, to Gridiron Capital. Jacent sources, warehouses, ships, and stocks over 3,500 impulse items to more than 15,000 grocery stores across the US and Canada. In addition to its impulse products business, Jacent […]

Crestview Sells JR Automation to Hitachi

Crestview Sells JR Automation to Hitachi

Crestview Partners has agreed to sell JR Automation Technologies to Hitachi for $1.4 billion. Crestview acquired JR Automation in March 2015 from Huizenga Automation Group. A source close to Private Equity Professional reports that this transaction netted Crestview a 7.5x return on its equity. With a four-year hold this calculates to a 65% IRR. JR […]

DFW Sells Superior to Falfurrias

DFW Sells Superior to Falfurrias

E-Technologies Group, a portfolio company of Falfurrias Capital Partners, has acquired Superior Controls from DFW Capital Partners. Superior Controls is a provider of automation, integration and engineering support services to the life sciences industry. Customers of the company include biotechnology and pharmaceutical companies including Pfizer, Biogen, GE Healthcare, Genentech, and Gilead Sciences. Many of the […]

Arbor Exits Last Fund II Company

Arbor Exits Last Fund II Company

Arbor Investments has sold ice cream maker Fieldbrook Foods to Wells Enterprises. Arbor acquired Fieldbrook in September 2010 through the firm’s second fund. Fieldbrook Foods is a private label and co-manufacturer of ice cream and frozen novelty products including ice cream sandwiches, cups, cones and stick novelties. The company’s products are distributed to all 50 […]