AEI Buys Resolute Industrial from OEP

AEI Buys Resolute Industrial from OEP

AE Industrial Partners has acquired Resolute Industrial, a provider and servicer of heating, ventilation, air conditioning and refrigeration equipment (HVAC&R), from One Equity Partners. Resolute Industrial provides HVAC&R equipment rental, compressor remanufacturing, and refrigerant storage services for a range of applications across numerous end markets in North America. The company’s customers are end users and […]

Quality Industries Bought by Anchor

Quality Industries Bought by Anchor

Anchor Partners has acquired Quality Industries, a provider of metal fabricated products and services. Quality Industries products and services include both high-volume, repetitive processes and short-run, pre-production prototype fabrication. Customers of the company are active in the heavy-duty truck and transportation (class 7 and 8 vehicles), recovery & specialty vehicle, and industrial electrical markets. The […]

Mason Wells Buys RJW Logistics

Mason Wells Buys RJW Logistics

Mason Wells has closed on its acquisition of RJW Logistics Group, a provider of supply chain logistics services. The company was acquired from the founding Williamson family and will be owned by Mason Wells, members of current management and other co-investors. RJW Logistics specializes in less-than-truckload (LTL) consolidation services for consumer packaged goods suppliers that […]

Olympus Buys DS Smith Plastics Business

Olympus Buys DS Smith Plastics Business

London-based packaging firm DS Smith has agreed to sell its plastics division to Olympus Partners at an enterprise value of $585 million. DS Smith reported in December 2018 that it was exploring options for its plastics division including a potential sale. The valuation multiple for this transaction appears below. DS Smith Plastics is one of […]

Borgman Buys Gilman Cheese

Borgman Buys Gilman Cheese

Borgman Capital has acquired Gilman Cheese, a manufacturer of premium processed cheese, from Tom and Char Hand. Gilman Cheese produces and packages shelf-stable processed cheese for the gift pack, retail, and airline sectors and also produces natural and processed smoke cheeses. The company has 140 employees and a 50,000 square foot facility that produces 1.6 […]

Thermal Solutions Switches Sponsors

Thermal Solutions Switches Sponsors

Altus Capital Partners has acquired Thermal Solutions Manufacturing from Resilience Capital Partners. Thermal Solutions Manufacturing (TSM) is a manufacturer and distributor of heavy duty and light truck heat exchange and temperature control products – radiators, condensers, air coolers and evaporators – for the aftermarket and OEM off-road, on-highway and industrial end markets. The company’s customers […]

Cerberus Finalizes Sparton Buy

Cerberus Finalizes Sparton Buy

Cerberus Capital Management has completed its acquisition of publicly-traded Sparton Corporation for $182 million in cash. Sparton Corporation (NYSE: SPA) is a contract manufacturer of electromechanical devices that are used in medical, biotechnology, military, aerospace, industrial and commercial applications. The company’s products include sonobuoys (sonar systems for transmitting submarine activity); inertial sensors (used for to […]

Liberty Hall Acquires Onboard Systems

Liberty Hall Acquires Onboard Systems

Liberty Hall Capital Partners has acquired Onboard Systems, a provider of external cargo handling equipment for civil and military helicopters. Onboard’s products, including belly hooks, cargo hook suspension systems, onboard weighing systems and remote hooks, are factory installed on over 30 helicopter models serving over 1,000 original equipment and aftermarket customers. Onboard Systems also operates […]

New Heritage Invests in Rhythmlink

New Heritage Invests in Rhythmlink

New Heritage Capital has acquired Rhythmlink International, a designer and manufacturer of disposable neurodiagnostic devices and consumables. Rhythmlink designs, manufactures and distributes consumable medical electrodes and provides custom packaging, private labeling, and other custom products to hospitals, medical centers, and other healthcare service providers. The company was founded in 2002 by CEO Shawn Regan and […]

Water Street Invests in Pathnostics

Water Street Invests in Pathnostics

Water Street Healthcare Partners has closed on its investment in Pathnostics, a provider of diagnostic tests and services across a range of therapeutic areas. Pathnostics’ tests are used in the urology, women’s health, gastroenterology and cancer sectors. The company has experienced rapid growth in recent years due to the increased use of its Guidance UTI […]