Union Capital Exits KEYper Systems

Union Capital Exits KEYper Systems

Union Capital has agreed to sell KEYper Systems, a supplier of electronic and mechanical key management systems, to Assa Abloy. KEYper Systems is a maker of key storage and key management systems, padlock management systems, and other asset control equipment. KEYper Systems has 25 employees and 2019 revenues are projected to be approximately $22 million. […]

Goldner Hawn and Tonka Bay Exit Quest

Goldner Hawn and Tonka Bay Exit Quest

Goldner Hawn and Tonka Bay Equity Partners have sold Quest Events to TZP Group. Goldner Hawn and Tonka Bay acquired Quest in partnership with the company’s management team in June 2015 from PVB Capital, Gemini Investors, and Harbert Mezzanine Partners. Quest Events is a provider of rental, distribution, and logistics services for pipe and drape; […]

Strength Sells Inland Pipe to J. F. Lehman

Strength Sells Inland Pipe to J. F. Lehman

Strength Capital Partners has sold Inland Pipe Rehabilitation to J.F. Lehman & Company. Inland Pipe Rehabilitation (IPR) is a provider of trenchless pipe rehabilitation services – which allow for the completion of underground repair or replacement projects with minimal surface and environmental disruption – to the municipal wastewater and stormwater markets. IPR’s services provide its […]

Gridiron Closes Sale of QSI

Gridiron Closes Sale of QSI

Gridiron Capital has completed its sale of Quality Solutions, an asset-light facilities services provider, to publicly-traded Cushman & Wakefield. Gridiron acquired Quality Solutions in February 2012. Quality Solutions (QSI) provides on-demand facilities maintenance and other managed services to more than 110,000 locations by contracting with over 50,000 local facility service providers that offer electrical, handyman, […]

Greif to Acquire H.I.G.’s Caraustar

Greif to Acquire H.I.G.’s Caraustar

Publicly-traded Greif has agreed to acquire Caraustar Industries, a portfolio company of H.I.G. Capital, for $1.8 billion in cash. Caraustar is one of North America’s largest integrated manufacturers and converters of 100% recycled paperboard and converted paperboard products. Caraustar serves end-use markets in tube and core, folding carton, gypsum facing paper and specialty paperboard products. […]

O2 Sells NTI Connect to ORIX

O2 Sells NTI Connect to ORIX

O2 Investment Partners has sold NTI Connect, a provider of cable, telecom, engineering and installation services, to ORIX Capital Partners. NTI Connect provides specialized fiber optic technical services including fiber optic splicing, testing, connectivity and data center build-outs to fiber, wireless and broadband carriers, cable companies, data center operators and telecom companies. NTI maintains 10 […]

Lariat Sells Ecoserv Subsidiary

Lariat Sells Ecoserv Subsidiary

Lariat Partners has sold Ecoserv Industrial Disposal (IDF), a wholly owned subsidiary of Ecoserv, to publicly traded US Ecology for $87.2million. Lariat formed Ecoserv in March 2014 through the merger of Houston-based Newpark Environmental Services, a provider of offshore waste disposal services, with Offshore Cleaning Systems, a provider of offshore cleaning services. Ecoserv is headquartered […]

Ancor Sells Simply Fresh to Sequel

Ancor Sells Simply Fresh to Sequel

Ancor Capital Partners has sold Simply Fresh Foods to Lakeview Farms, a portfolio company of Sequel Holdings. Ancor acquired Simply Fresh Foods (then Fresh Food Concepts, the name was changed in January 2015) in December 2010. Today, Simply Fresh Foods produces fresh, all-natural foods for segments of the refrigerated products market across a range of […]

Capital Partners and Argosy Exit Roll·Rite

Capital Partners and Argosy Exit Roll·Rite

Capital Partners and Argosy Private Equity have sold Roll·Rite to SafeFleet, a portfolio company of Oak Hill Capital Partners. Roll·Rite was acquired by Capital Partners and Argosy in October 2011 from Copeley Capital. Roll·Rite designs and manufactures automated and semi-automated tarp systems that are used in heavy-duty trucking applications – particularly in the construction, agriculture, […]

Altus Exits International Imaging Materials

Altus Exits International Imaging Materials

Altus Capital Partners has sold International Imaging Materials (IIMAK) to ACON Investments. IIMAK manufactures thermal transfer ribbons, barcode ribbons, direct thermal films, and fluid inks which are used to print on-demand variable information such as bar codes, text and graphics in the automatic identification, packaging, and graphics markets. IIMAK is also active in medical applications […]