L Squared Exits Learners Edge

L Squared Exits Learners Edge

L Squared Capital Partners has sold Learners Edge, an online provider of continuing education services, to Quad-C Management. Learners Edge is a direct-to-teacher provider of online professional development, continuing education and master’s degree programs for K-12 teachers. Teachers use the company’s products to satisfy their teacher certification requirements or to move up their salary scale […]

Main Post Keeps Building Fortis

Main Post Keeps Building Fortis

Fortis Solutions Group, a portfolio company of Main Post Partners, has acquired Kala Packaging. Kala Packaging is a printer of pressure-sensitive labels and flexible packaging, including pouches, to the food and beverage, health and beauty, and nutraceutical end-markets. The company’s capabilities include variable content printing, anti-counterfeiting and other security measures including micro text and invisible […]

Platinum Inks Deals for Ingram Micro

Platinum Inks Deals for Ingram Micro

Platinum Equity has agreed to acquire Ingram Micro, a distributor of information technology products, from HNA Group, in a transaction valued at $7.2 billion. Ingram Micro’s products include desktop, laptop and mobile computer systems; audio and video devices; monitors and displays; data capture and point of sale devices; cybersecurity; cables; and a wide range of […]

Aterian Adds Another Medical Components Maker

Aterian Adds Another Medical Components Maker

Vander-Bend Manufacturing, a portfolio company of Aterian Investment Partners, has acquired Swiss Precision Machining (SPM). SPM is a manufacturer of consumable instrument components that are used in robotic surgery and other high technology end markets. The company’s capabilities and services include tight tolerance micro components, prototyping, engineering, and assembly. SPM was founded in 1979 by […]

New State Buys Closeout Specialist KMS

New State Buys Closeout Specialist KMS

New State Capital Partners has acquired KMS, one of the nation’s largest wholesalers of consumer product closeouts. KMS is a wholesale distributor of closeout, overstock, and factory refurbished merchandise, including clothing, hardware, housewares, and small appliances. KMS’ services allow brand name manufacturers to monetize overstocked products and other non-standard inventory without disrupting traditional sales channels. […]

Brynwood Back in Private Label Pizza Biz

Brynwood Back in Private Label Pizza Biz

Brynwood Partners has formed Great Kitchens Food Company to acquire the North American take-and-bake pizza business of ARYZTA. Great Kitchens is a private label maker of take-and-bake pizza and flatbreads that are sold to grocery, club, and mass retailers, as well as into foodservice outlets nationally. Great Kitchens, with total employment of about 700, operates […]

Smucker to Sell Pet Food Brand to Nexus

Smucker to Sell Pet Food Brand to Nexus

Nexus Capital Management has agreed to acquire the Natural Balance pet food business of The J.M. Smucker Co. for $50 million in cash. Natural Balance is a premium pet food brand specializing in dog and cat food products manufactured with high-quality meats, carbohydrates, fats, fruits and vegetables. The company’s products are sold through specialty retailers […]

Huntsman Closes Second Advanced Materials Buy

Huntsman Closes Second Advanced Materials Buy

Audax Private Equity has agreed to sell specialty chemical maker Gabriel Performance Products to publicly traded Huntsman Corporation for $250 million in cash. Akron-headquartered Gabriel Performance Products is a maker of specialty additives and epoxy curing agents used in the coatings, adhesives, sealants and composite end-markets. Gabriel operates three manufacturing facilities in Ohio, Pennsylvania and […]

Nautic Adds-On to Spartech

Nautic Adds-On to Spartech

Spartech, a portfolio company of Nautic Partners, has acquired Tufpak. Nautic acquired Spartech, a manufacturer of acrylics and extruded plastics, in October 2019 from Arsenal Capital Partners. Tufpak is a manufacturer of custom and stock engineered plastic films used in biohazard, medical devices and biopharma packaging applications. The company is best known for its autoclave […]

Atlas Exits Novipax, Keeps Trays Unit

Atlas Exits Novipax, Keeps Trays Unit

Atlas Holdings has sold Novipax, a maker of absorbent pads, to ACON Investments. Novipax was formed by Atlas in 2015 to acquire the North American foam tray and absorbent pad businesses of publicly traded Sealed Air. According to Novipax, it is the largest US producer of absorbent pads that are used in the packaging of […]