Arcline Buys Akron Biotechnology

Arcline Buys Akron Biotechnology

Arcline Investment Management has acquired a majority interest in Akron Biotechnology. Akron manufactures and distributes materials that are used for cell and gene therapy research, development, and commercialization. The company’s products include cytokines (proteins that promote cell signaling) and growth factors, cryopreservation solutions, and cell culture media supplements (used to support the growth of cells). […]

H.I.G. Carves BioVectra from Mallinckrodt

H.I.G. Carves BioVectra from Mallinckrodt

Biopharmaceutical giant Mallinckrodt has agreed to sell its subsidiary BioVectra to H.I.G. Capital for $250 million. The purchase price is comprised of cash at closing of $135 million, a long-term note for $40 million, and contingent payments of up to $75 million. BioVectra is a contract development and manufacturing company that supplies ingredients for pharmaceutical […]

Swander Pace Acquires Café Valley

Swander Pace Acquires Café Valley

Swander Pace Capital has acquired Café Valley, a maker of croissants, cakes, muffins, and other sweet baked goods, from a group of private individual shareholders. Café Valley’s products are sold to the in-store bakery, club store, mass merchandise, foodservice, and convenience store segments. According to the company, they are one of the largest independent wholesale […]

Susquehanna Buys McNally

Susquehanna Buys McNally

Susquehanna Private Capital has acquired McNally Industries from Gardner Standard. McNally designs, reverse engineers and manufactures military-grade pumps, gun components and other products for defense, energy and other industrial applications. The company’s services also include design engineering, testing and assembly, and after-market support. McNally was founded in 1942 as the McNally Brothers Machine Company by […]

CenterGate Invests in Naumann/Hobbs

CenterGate Invests in Naumann/Hobbs

CenterGate Capital has made an investment in Naumann/Hobbs, a provider of material handling equipment and services. Naumann/Hobbs’ products include electric and internal combustion forklifts; pallet racks, conveyors, and industrial shelving units; and replacement parts with more than 50,000 parts in stock for all makes and models of equipment. The company also provides 24/7 equipment maintenance […]

Sterling Sees Green in GRC’s HeartLand

Sterling Sees Green in GRC’s HeartLand

Sterling Investment Partners has acquired the HeartLand Company, a Midwest-based commercial landscaper, from Great Range Capital. Great Range formed HeartLand in April 2016 in partnership with industry executive Edward Schatz to begin a consolidation of the commercial landscaping industry. HeartLand is a provider of commercial landscape and facilities services to more than 3,000 properties. The […]

Epicurean Butter Partners with HCPI

Epicurean Butter Partners with HCPI

HC Private Investments (HCPI) has acquired Epicurean Butter Company in partnership with the company’s founders. Epicurean Butter produces branded and private label flavored butter products that are sold through the foodservice and grocery store channels. The company’s products include 15 flavors of butters including chili lime, cinnamon and brown sugar, cranberry orange, garlic parmesan, and […]

May River Forms New Platform, Buys Kason

May River Forms New Platform, Buys Kason

May River Capital has completed its acquisition of Kason Corporation, a maker of processing equipment, from Baird Capital which acquired the company in October 2013. To complete the buy of Kason, May River formed Advanced Material Processing (AMP), a new platform company that will combine Kason with May River’s existing portfolio company, Marion Process Solutions. […]

CORE Invests in Lighting Maker

CORE Invests in Lighting Maker

CORE Industrial Partners has acquired Fleco Industries, a designer and manufacturer of lighting products. Fleco Industries’ products include a wide range of LED-based lights and controls used in the commercial, industrial, and premium residential markets. Company-owned brand names include Saylite, Texas Fluorescents Reinvented, Mobern, Lights Fantastic, Lights Fantastic Pro, Lite and LFP Lighting.  The company […]

AEI Acquires Triman Industries

AEI Acquires Triman Industries

AE Industrial Partners has acquired Triman Industries, a distributor and services provider to the military aftermarket. Triman is a distributor of military, aerospace, and aftermarket components, and provides other services including inspection and testing, packaging, labeling, marking, processing, export management, contract administration, and repair management. Triman is headquartered near Philadelphia in West Berlin, NJ (www.trimanindustries.com). […]