H.I.G. Acquires Lipari Foods from Sterling

H.I.G. Acquires Lipari Foods from Sterling

H.I.G. Capital has acquired Lipari Foods from Sterling Investment Partners. H.I.G. is partnering with the founding Lipari family and the current management team on this transaction. Lipari is a distributor of largely perishable perimeter-of-the-store, specialty, and branded food products. The company’s SKUs total more than 25,000 items and span the deli, bakery, dairy, specialty retail, seafood, […]

Shorehill Acquires Functional Devices

Shorehill Acquires Functional Devices

Shorehill Capital has acquired Functional Devices in partnership with the company’s senior management team and its owner Ken Rittmann. Functional Devices is a manufacturer of relays, power supplies, transformers, sensors, enclosures and wireless devices that are used in the HVAC, building and lighting controls, and energy management industries. Company-owned brand names include RIB, one of […]

Aterian Acquires U.S. Zinc

Aterian Acquires U.S. Zinc

Aterian Investment Partners has acquired U.S. Zinc from Votorantim Group. U.S. Zinc is a producer of zinc oxide, zinc dust, and prime western grade (98% pure) zinc metal products used in the tire, chemical, coatings, and agriculture markets. The company, led by CEO Tracy Baugh, has production facilities in Clarksville, TN; Millington, TN; Changshu, China; […]

Sycamore Goes Fishing

Sycamore Goes Fishing

Sycamore Partners has completed its acquisition of Pure Fishing from Newell Brands. In a released statement, Newell Brands stated that gross proceeds from the Pure Fishing divestiture were $1.3 billion. Proceeds from the sale of Pure Fishing, along with the sale of yearbook and class ring seller Jostens to Platinum Equity, are part of Newell’s […]

Trive Invests in California Brazing

Trive Invests in California Brazing

Trive Capital has made an investment in California Brazing, a contract maker of high-tolerance metal parts used in a range of applications. California Brazing specializes in CNC machining, metallic and ceramic vacuum brazing, and heat-treating services for both OEM and Tier 1 defense and communication customers. The company’s products include satellite waveguides, antenna sub-systems, cold […]

Atlas Buys Saxco from Sterling

Atlas Buys Saxco from Sterling

Atlas Holdings has acquired Saxco International, a distributor of rigid packaging used in the wine, spirits, craft beer, and food markets, from The Sterling Group which acquired the company in 2010 through its third fund. Saxco’s packaging products and services include glass, metal, and plastic containers, capsules, closures, custom packaging and mold development.  The company’s […]

Blue Point Acquires W.A. Kendall

Blue Point Acquires W.A. Kendall

Blue Point Capital Partners has acquired W.A. Kendall and Co., a provider of vegetation management services to utility companies in the Southeast United States. W.A. Kendall’s services include tree trimming, mowing, line clearing, debris removal, and storm restoration. Demand for the company’s services is largely driven by regulatory requirements and the necessity to routinely manage […]

Turnspire Buys Specialty Vehicle Group

Turnspire Buys Specialty Vehicle Group

Turnspire Capital Partners has formed Crane Carrier Holdings to acquire the specialty vehicle group of Hines Corporation, a manufacturer of heavy-duty truck chassis, complete vehicles and aftermarket parts. Crane Carrier’s products are used in the work truck industry and include custom, severe-service chassis and purpose-built vehicles used in the refuse and recycling, infrastructure maintenance, ground […]

Warren Acquires StormTrap

Warren Acquires StormTrap

Warren Equity Partners has acquired StormTrap, a provider of stormwater management products to the municipal, commercial, industrial, and residential markets. StormTrap designs and engineers precast concrete systems that store stormwater runoff in underground chambers before releasing it at a controlled rate or harvesting it for reuse. In addition, the company also provides water quality systems […]

Incline Buys Charter Industries

Incline Buys Charter Industries

Incline Equity Partners has acquired Charter Industries, a supplier of PVC and veneer edgebanding, plastic and metal laminates, sheet veneer, and T-molding products used by specialty carpenters and furniture installers. Charter’s edgebanding products are produced in a variety of colors, sizes and patterns and are sold as finishing products for use in a range of […]