Avista Capital Partners Exits Navilyst Medical

Avista Capital Partners Exits Navilyst Medical

AngioDynamics, a medical devices company, has completed its acquisition of Navilyst Medical, a portfolio company of Avista Capital Partners. Based on AngioDynamics recent closing price of $12.44 a share the transaction is valued at $355 million. As a result of the acquisition, Avista Capital Partners received approximately 9.4 million shares of AngioDynamics common stock in […]

Catterton Partners Exits MonoSol

Catterton Partners Exits MonoSol

Catterton Partners today announced that it has entered into an agreement to sell MonoSol, a manufacturer of water-soluble films used in consumer applications, including automatic dishwasher and laundry detergent unit-dose soluble delivery systems, to Kuraray Co. “Catterton has been a tremendous partner for us,” said MonoSol CEO P. Scott Bening. “In addition to providing consumer […]

Riverside Exits MK Chimney Systems

Riverside Exits MK Chimney Systems

The Riverside Company has completed the sale of MK Chimney Systems to French buyer Isotip-Joncoux Group. The sale of the Polish producer of chimney systems, liners and related products generated a gross cash-on-cash return of 2.9x. Riverside invested in MK in 2006. “Riverside was a great partner in our growth. Within a short period of […]

Platte River Ventures Exits PRV Aerospace

Platte River Ventures Exits PRV Aerospace

Platte River Ventures has announced the sale of its portfolio company, PRV Aerospace, to Court Square Capital Partners. “We have had an exceptional relationship with Platte River, and my team and I have valued their strategic insight and guidance over the past several years,” said Richard Wood, CEO of PRV Aerospace. “We are pleased that […]

Kinderhook Industries Exits EAM Corporation

Kinderhook Industries Exits EAM Corporation

It was announced today that EAM Corporation, a portfolio company of Kinderhook Industries and a developer and manufacturer of absorbent products, has been sold to strategic buyer Domtar Corporation. EAM is a developer and manufacturer of absorbent products. The company has two proprietary products, NovaThin and NovaZorb, that serve customers in the feminine hygiene, adult […]

Falfurrias Capital Partners Exits Commercial Credit Group

Falfurrias Capital Partners Exits Commercial Credit Group

Falfurrias Capital Partners today announced that it has sold its controlling ownership interest in Commercial Credit Group to Lovell Minnick Partners.  The transaction comes just over two years after Falfurrias acquired the Charlotte based equipment lender in March 2010.   “We were able to provide capital to Commercial Credit Group during a time when most […]

Spire Capital Partners Exits AssetNation

Spire Capital Partners Exits AssetNation

Ritchie Bros. Auctioneers, an industrial auctioneer, today announced that it has agreed to acquire AssetNation, an online marketplace for surplus and salvage assets and a portfolio company of Spire Capital Partners.  Ritchie Bros. has agreed to acquire 100% of the issued and outstanding shares of AssetNation in an all cash transaction valued at $64 million. […]

MCM Capital Partners and DN Partners Exit Primary Packaging

MCM Capital Partners and DN Partners Exit Primary Packaging

May 8, 2012 – It was announced today that Primary Packaging, a portfolio company of MCM Capital Partners and DN Partners and a designer and manufacturer of heavy duty plastic films and bags, has been sold to Field Ventures. Mesirow Financial acted as the exclusive financial advisor to Primary Packaging.  “We are pleased to have […]

TA Associates Exits eCircle

TA Associates Exits eCircle

May 4, 2012 –   Teradata, a provider of analytic data solutions, and Aprimo, a Teradata company and a provider of integrated marketing management software, today announced the signing of an agreement to acquire eCircle, a provider of cloud-based digital marketing and a portfolio company of TA Associates. eCircle is a full service digital marketing provider.  […]

Clearview Capital Notches 68% IRR on Sale of EN Engineering

May 2, 2012 -Clearview Capital’s recent sale of its portfolio company EN Engineering to CIVC Partners yielded a gross return of 4.5x invested capital for Clearview and a 68% internal rate of return over Clearview’s three-year hold period.  Clearview’s investment in EN Engineering was made through Clearview’s second fund which invests in and develops lower […]