KPS to Buy Howden from Colfax

KPS to Buy Howden from Colfax

KPS Capital Partners has signed an agreement to acquire Howden from publicly traded Colfax Corporation for $1.8 billion. Howden is a manufacturer of fans, compressors, heat exchangers, steam turbines, and other air and gas handling equipment used in the industrial, power, oil & gas, and mining industries. The company also provides post-sale services including spare […]

Golden Gate Hits Big Multiple on Exit

Golden Gate Hits Big Multiple on Exit

Golden Gate Capital has agreed to sell specialty chemical maker ArrMaz to Arkema Group for approximately $570 million. ArrMaz was acquired by Golden Gate Capital in December 2012. ArrMaz is a producer of custom formulated specialty chemicals used as functional additives and process aids to the fertilizer and asphalt industries and it also provides specialty […]

Gamut Building Tool Giant

Gamut Building Tool Giant

JPW Industries, a portfolio company of Gamut Capital Management since July 2017, has acquired Baileigh Industrial Holdings. Baileigh is a manufacturer and distributor of over 500 metalworking and woodworking products sold under the Baileigh brand across the US and Europe. In March 2018, Baileigh acquired Two Rivers, WI-based Rusch Machine and Design, a manufacturer of […]

Kinderhook Adds to All States Ag Parts

Kinderhook Adds to All States Ag Parts

All States Ag Parts, a portfolio company of Kinderhook Industries, has acquired John F. Mahaney Company. Mahaney is a distributor of professional-grade tools and supplies to the agricultural, ranch and industrial markets. The company’s customers include hardware and farm supply stores, feed stores, auto parts stores, large growers, government accounts, and industrial contractors. Mahaney’s tools […]

Milacron’s Blow Molding Business Sold

Milacron’s Blow Molding Business Sold

Osgood Capital Group and Cyprium Investment Partners have agreed to buy the Uniloy blow molding machinery business of publicly traded Milacron Holdings Corp. Uniloy’s line of blow molding machines includes reciprocating screw blow molders, injection blow molding presses, shuttle machines and accumulator head blow molding machines. The business is also a maker of a range […]

CenterOak Quickly Builds HVAC Services Provider

CenterOak Quickly Builds HVAC Services Provider

CenterOak Partners has acquired Service Champions, a provider of home maintenance and repair services, and combined it with its existing portfolio company Moore Home Services. According to CenterOak, the merger of Service Champions and Moore Home Services creates one of the largest residential HVAC contractors across Southern and Northern California with more than 21,000 customers. […]

After EBITDA Triple, L Squared Exits Virtium

After EBITDA Triple, L Squared Exits Virtium

L Squared Capital Partners has sold Virtium, a provider of industrial grade memory storage products, to Court Square Capital Partners. L Squared invested in Virtium in July 2015. Virtium is a provider of customized, ruggedized, and highly engineered industrial grade solid state drive (SSD) and other memory products used by OEMs in the communications, energy, […]

BlackBern Acquires Zentech

BlackBern Acquires Zentech

BlackBern Partners has acquired Zentech Manufacturing in partnership with the company’s management team and incoming CEO Steve Pudles. Zentech is an electronics contract manufacturer specializing in the design and manufacture of medium-volume/high mix electronic and RF circuit boards and assemblies (RF circuit boards are printed circuit boards that operate between 100MHz and 2GHz). In addition […]

Arsenal’s Polytek Adds-On

Arsenal’s Polytek Adds-On

Polytek Development Corp., a manufacturer of liquid mold rubbers and casting plastics and a portfolio company of Arsenal Capital Partners, has acquired Environmental Technology. Environmental Technology (ETI) formulates coating, casting and molding products that are used by professional artists, crafters and hobbyists. The company’s product line includes epoxy resins and clays, polyurethane and polyester resins, […]

CCMP’s Truck Hero Buys Lund from Highlander

CCMP’s Truck Hero Buys Lund from Highlander

Truck Hero, a portfolio company of CCMP Capital Advisors, has acquired Lund International from Highlander Partners, who will remain as a minority investor. CCMP acquired Truck Hero in April 2017 from TA Associates which remains as a minority investor in the company as well. The buy of Lund is Truck Hero’s fifteenth acquisition since its […]