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 […]

LLR Sells WorldAware to Rhone’s GardaWorld

LLR Sells WorldAware to Rhone’s GardaWorld

GardaWorld Security has acquired WorldAware from LLR Partners. LLR acquired WorldAware (then iJET International) in December 2013. GardaWorld was acquired by Rhone Capital and members of its senior management team in March 2017 from Apax Partners. WorldAware provides security risk management services to multinational organizations to allow them to operate globally by mitigating risk and […]

Falfurrias Exits American Safety Council

Falfurrias Exits American Safety Council

Falfurrias Capital Partners has sold its portfolio company, American Safety Council, to Ridgemont Equity Partners. Falfurrias acquired ASC in May 2014. American Safety Council (ASC) is a provider of online training, education, and certification services to individuals and businesses – more than two million every year – that are active in the driver and traffic […]

Cortec Notches 25x ROC on YETI Exit

Cortec Notches 25x ROC on YETI Exit

Cortec Group has sold its remaining equity interest in YETI, a designer and marketer of ice chests and coolers. Cortec acquired YETI in partnership with the company’s founders, Roy and Ryan Seiders, in June 2012. The buy of YETI was made through Cortec’s fifth fund which closed in 2011 with $620 million of committed capital. […]

Genstar Exits IAS Platform

Genstar Exits IAS Platform

Genstar has closed the sale of Innovative Aftermarket Systems, a provider of automotive finance and insurance products, to publicly traded iA Financial Group. Innovative Aftermarket Systems (IAS) provides automotive warranties, vehicle services contracts, training, and other related software and services. The company is headquartered in Austin, Texas with additional offices in Oklahoma City, Oklahoma and […]

Riverside Exits ActivStyle

Riverside Exits ActivStyle

The Riverside Company has agreed to sell ActivStyle, a distributor of consumable medical supplies with an emphasis on incontinence products, to publicly traded AdaptHealth. ActivStyle is headquartered in Minneapolis with branch locations in Iowa, Illinois, and Ohio. The company, led by CEO Gayle Devin, serves more than 65,000 patients across 48 states. Riverside acquired ActivStyle […]

AdaptHealth Buys Two Medical Equipment Distributors

AdaptHealth Buys Two Medical Equipment Distributors

Linden Capital Partners has agreed to sell Solara Medical Supplies to publicly traded AdaptHealth. Solara is a direct-to-patient distributor of diabetes therapy products including continuous glucose monitors and insulin pumps. The company, led by CEO Steve Foreman, was founded in 2002 and is headquartered in Chula Vista, California with additional offices in Michigan, Arizona, Texas, […]

New Mountain Sells Chemical Maker

New Mountain Sells Chemical Maker

Mitsubishi Chemical (MCC), through its US subsidiary Mitsubishi Chemical America (MCA), has agreed to acquire Gelest, a portfolio company of New Mountain Capital. Gelest is a maker of specialized organo-silicon compounds, metal-organic compounds, and silicone materials that are used in both commercial production and research and development in the life sciences, medical materials, pharmaceutical, diagnostics […]