Staple Street and Thompson Club Up on Aerospace Buy

Staple Street and Thompson Club Up on Aerospace Buy

Staple Street Capital has acquired Precise Metal Products in partnership with Thompson Capital Partners. Precise Metal Products (PMP) is a manufacturer of complex metal assemblies used in aerospace and defense applications including aircraft engines, auxiliary power units and environmental control systems.The company’s production capabilities include hydroforming, roll forming, CNC machining, laser cutting, wire EDM (electrical […]

Audax Buys Specialty Paint Company

Audax Buys Specialty Paint Company

Innovative Chemical Products (ICP), a portfolio company of Audax Private Equity, has acquired IdeaPaint, a maker of dry erase coating products. IdeaPaint’s dry erase paints and wallcoverings are used to transform smooth surfaces into erasable canvases for dry erase markers. The company also sells related products including magnetic coatings, markers, and cleaning supplies. Over its […]

Stellex Sells Morbark to Alamo Group

Stellex Sells Morbark to Alamo Group

Stellex Capital Management has agreed to sell Morbark to publicly traded Alamo Group for $352 million. Morbark is a maker of equipment for the forestry, recycling, tree care, sawmill and biomass markets. The company’s products include whole tree and waste wood chippers, aerial trimmers, brush chippers, horizontal and tub grinders, sawmill equipment, and material handling […]

GenNx360 Partners with Schneider Packaging

GenNx360 Partners with Schneider Packaging

GenNx360 Capital Partners has partnered with the management team of Schneider Packaging Equipment Company, a manufacturer of case packing and robotic palletizing machines, and made an investment in the company. Schneider’s equipment is used by companies that are active in the food and beverage, dairy, pharmaceutical, personal care, plastics, and paper sectors. Since the company’s […]

Aterian Acquires PJ Mechanical

Aterian Acquires PJ Mechanical

Aterian Investment Partners has made an investment in PJ Mechanical, a provider of mechanical construction, engineering, and maintenance services for technically complex HVAC systems in the greater New York City market. PJ Mechanical specializes in providing its services to high-rise office towers, corporate complexes, sports stadiums, and hospitals. Some of the projects the company has […]

Spectrum Invests in Datassential

Spectrum Invests in Datassential

Spectrum Equity has made an investment in Datassential, a provider of data and market research to food manufacturers, chain restaurants, and food retailers. The investment from Spectrum is the company’s first institutional capital and will be used to expand its client services team, staff of analysts and experts, sales and marketing capabilities, and new product […]

HKW Loves its Fruits and Vegetables

HKW Loves its Fruits and Vegetables

Fresh Direct Produce, a portfolio company of Hammond, Kennedy, Whitney & Company (HKW), has acquired Islands West Manufacturing. HKW acquired Fresh Direct Produce in December 2018. Islands West is a family-owned wholesaler of produce, processed fruits, dried spices, and fresh-cut vegetables. Customers of the company include grocery stores, restaurants, hotels, hospitals, schools and government facilities. […]

All Star and Atlantic Street Partner Up

All Star and Atlantic Street Partner Up

Atlantic Street Capital has acquired All Star Auto Lights, a distributor of alternative lighting products. All Star’s products include recycled and refurbished OEM parts and certified aftermarket products, including headlamps, tail lamps, park lamps, fog lamps and turn signals for both foreign and domestic vehicles. All Star’s restoration services are done in-house and range from […]

Sentinel Exits Luminaires

Sentinel Exits Luminaires

Sentinel Capital Partners has agreed to sell The Luminaires Group, a manufacturer of architectural lighting fixtures, to Acuity Brands. Luminaires was acquired by Sentinel through its fifth fund in June 2016. The Luminaires Group designs, develops, manufactures, and distributes specification-grade lighting products that are used in both interior and exterior applications in commercial, institutional, hospitality, […]

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). […]