The Anderson Group has acquired Fosbel, a provider of industrial furnace maintenance services, from Ares Capital. Fosbel was acquired by American Capital Strategies (ACS) in July 2005 and ACS was acquired by Ares Capital in December 2016. Fosbel is a global service provider specializing in refractory furnace inspection, maintenance, repair and reconstruction with a focus […]
North Castle Partners has made an investment in Maya Kaimal Foods, a developer and marketer of Indian-inspired ethnic foods. Maya Kaimal Foods’ products include shelf-stable and refrigerated sauces and condiments, and ready-to-eat dals (lentils) and rices. The company’s products are sold online at Amazon and Costco and at over 7,000 retail locations including Whole Foods […]
New Mountain Capital has agreed to acquire the chemicals business of publicly-traded Aceto Corporation (OTC: ACETQ) for $338 million. In February 2019, Aceto filed a voluntary petition under Chapter 11 of the US Bankruptcy Code as it began a process to sell its chemicals unit and pharmaceuticals unit in separate transactions. Aceto’s chemical unit is […]
Variant Equity has closed its acquisition of Coach USA and Coach Canada (together Coach USA) from Stagecoach Group plc for $271 million. Coach USA is a provider of transportation services including scheduled intercity bus service, local and commuter bus transit, city sightseeing, tour, yellow school bus, and charter bus service. The company operates through several […]
G/O Media, a newly formed platform of Great Hill Partners, has acquired the Gizmodo Media Group and The Onion from Univision Communications. G/O Media reaches more than a third of all Americans online each month, attracting approximately 100 million unique visitors. The company’s brands target young, diverse influencers with content that focuses on technology (Gizmodo), […]
Gemspring Capital has acquired Valant Medical Solutions, a provider of behavioral health software for private practices. Valant’s software-as-a-service platform provides a suite of electronic healthcare record (EHR) and practice management products that are used by more than 2,000 behavioral health practices and more than 12,000 behavioral health professionals to schedule, document, and bill patients. Valant […]
Ridgemont Equity Partners has acquired Munch’s Supply, a distributor of heating, ventilation and air conditioning (HVAC) equipment, parts and supplies, from Rotunda Capital. Munch’s Supply distributes heating and cooling supplies to dealers and contractors and has more than 10,000 SKUs from more than 100 HVAC equipment, parts and supplies manufacturers, including Trane, American Standard, Rheem […]
H.I.G. Capital has acquired Medusind Solutions, a healthcare-focused provider of revenue cycle management services. Medusind is a provider of end-to-end revenue cycle management (RCM) services, including practice management, eligibility, coding, claims processing and analytics, to more than 9,000 physicians, dental providers, hospitals, health plans, group purchasing organizations (GPOs), and third-party plan administrators. The company’s suite […]
Behrman Capital has acquired Waterline Renewal Technologies from Triwater Holdings, a portfolio company of The Edgewater Funds and JZ Partners. Members of Waterline’s senior management team invested in the transaction alongside Behrman. Waterline is a provider of products used in the trenchless repair of municipal, commercial, industrial, and residential sewer systems and wastewater lines without […]
Genstar Capital has acquired Ohio Transmission Corporation, a distributor of industrial automation equipment, from Irving Place Capital. Ohio Transmission Corporation (OTC) is a distributor of highly engineered products including motion control, pumps, finishing products, robotics, motors and air compressors. The company has more than 13,000 customers that are active in the transportation, industrial machinery, metals, […]
