NEW FINANCINGS

Lincoln Road’s Newest Platform Corners Houston Landscaping Market
Lincoln Road has acquired Silversand Services and SLI Landscape, providers…...

O2 Sponsor Finance Backs Soundcore’s Paving Platform
O2 Sponsor Finance, a division of Old Second National Bank,…...

Abacus Backs Eureka’s Buy of Advertiser Perceptions
Eureka Equity Partners has acquired Advertiser Perceptions with senior debt…...
Always Active Abacus Starts Fast
Abacus Finance is continuing its active support of private equity buyouts with the close of new transactions for Thompson Street Capital Partners, American Pacific Group,…...
Abacus Backs Another LongueVue Platform
Abacus Finance Group has provided senior secured debt to support the acquisition of Summit Clinical Research by LongueVue Capital. Abacus also made an equity co-investment…....
O2 Backs West Edge’s Buy of Dakotaland Autoglass
O2 Sponsor Finance, a division of Old Second National Bank, has provided senior secured credit facilities to back the buy of Dakotaland Autoglass by West…...
Northstar Provides Mezz and Equity to May River’s Material Handling Platform
Northstar Capital has made an investment in Automated Handling Solutions, a portfolio company of May River Capital. Northstar provided mezzanine debt and made an equity co-investment. Northstar invests from $5…...
Abacus Backs New May River Platform
Abacus Finance was the provider of senior debt facilities to support the formation of Automated Handling Solutions (AHS) by May River Capital. In providing the financing, Abacus acted as the…...
O2 Sponsor Finance Backs Borgman’s Cheese Consolidation
Back in June, Gilman Cheese, a manufacturer of processed cheese and a portfolio company of Borgman Capital, acquired Dairyfood USA. The acquisition of Dairyfood was backed by O2 Sponsor Finance,…...
FEATURED TRANSACTIONS

May River Acquires RLE Technologies
RLE Technologies, a maker of environmental monitoring equipment, has been acquired by May River Capital. RLE designs and manufactures wired and wireless environmental monitoring equipment, fluid leak detection, and airflow management products used…...

Granite Creek Bags NYP
Granite Creek has acquired NYP, a manufacturer and distributor of packaging materials. NYP sources, processes, and distributes a portfolio of textile-based packaging products used in the nursery, agricultural, and industrial markets. NYP’s products…...

Lincoln Road’s Newest Platform Corners Houston Landscaping Market
Lincoln Road has acquired Silversand Services and SLI Landscape, providers of commercial landscaping services in the Houston metropolitan area. Silversand’s and SLI’s services include landscaping, irrigation management, tree care, interior plant care and…...

Cortec Sells Chauvet to Court Square
Cortec Group has sold Chauvet & Sons, a provider of entertainment related lighting, control and power products, to Court Square Capital Partners. Chauvet is a provider of branded entertainment, theatrical, broadcast and film…...










Patriot Pickle Acquires First Place Foods
Patriot Pickle, a maker and distributor of pickles and a portfolio company of Swander Pace Capital, has acquired First Place Foods. First Place Foods manufactures a wide variety of fermented (shelf stable) and refrigerated pickles, relishes, and other pickled vegetables that are sold to the restaurant, foodservice, institutional, and retail markets. Third-generation family-owned First Place Foods, led by President Pat Hunn, operates manufacturing and warehousing facilities near Dallas in Garland, Texas. “For more than 15 years, First Place Foods has…...
SK’s Canlak Coatings Buys Ceramic Industrial Coatings
Canlak Coatings, a portfolio company of SK Capital Partners, has acquired Ceram-Traz (DBA Ceramic Industrial Coatings). Ceramic Industrial Coatings is a manufacturer of custom and proprietary water and solvent-based wood coatings as well as other coatings, adhesives, sealants and elastomers (CASE) products. Ceramic Industrial, led by CEO Rob Laubscher, was founded in 1962 and operates a 90,000-square-foot facility in Osseo, Minnesota (headquarters) and a 52,000-square-foot facility in Kansas City, Kansas. “We are tremendously excited about our future partnership with Canlak…...
PEOPLE ON THE MOVE

Gridiron Capital Promotes Three to Managing Director

Kian Continues Hiring Spree

Excellere Adds Business Development Pro

Shorehill Hires New Associate

Blue Wolf Adds New Business Development Pro

OceanSound Adds Seven New Professionals


































































































































































































































STRATEGIES & STUDIES
Janney Continues Acquisitive Ways with Buy of TM
Janney Montgomery Scott has agreed to acquire middle market investment bank TM Capital, a provider of M&A advisory services across the business services, industrials, healthcare, and consumer sectors. TM Capital is led by CEO James…...
Align Launches Independent Sponsor Strategy
Align Capital Partners (ACP) has announced the launched of a new independent sponsor-focused private equity strategy, Align Collaborate. ACP founded Align Collaborate in partnership with independent sponsor investors, Grant Kornman and Michael Kornman. Prior to…...
Lincoln’s Private Market Index Increases Marginally on Higher Fundamental Performance
The Lincoln Private Market Index (LPMI), which tracks changes in the enterprise value of US privately held companies, increased by 0.8% during the third quarter of 2023. According to Chicago-headquartered investment bank Lincoln International, the…...
U.S. Middle Market Shows Strongest Earnings Growth in Two Years
Golub Capital has reported that its middle market private company index has shown the strongest earnings growth over the past two years. According to Golub, middle market private companies in the Golub Capital Altman Index…...
Middle Market M&A Persists Amid Volatile Conditions
Capstone Partners has published its first quarter Capital Market Update and reports that total middle market merger and acquisition volume declined 14.3% year-over-year in Q1 2023 resulting from macroeconomic headwinds. However, Capstone further reports that…...
Cool Intentions – the Actual State of ESG
On many episodes of Middle Market Musings, the podcast I co-host with Charlie Gifford, the conversation turns to environmental, social and governance (ESG) considerations in business operations and investments. ESG is also a topic with…...

May River Acquires RLE Technologies
RLE Technologies, a maker of environmental monitoring equipment, has been acquired by May River Capital. RLE designs and manufactures wired and wireless environmental monitoring equipment,…...

Sysco Acquires Edward Don from Vestar
Vestar Capital Partners has sold Edward Don & Co., a distributor of foodservice equipment and supplies, to Sysco Corporation. Edward Don & Company (DON) is…...

Makai’s Paladin Buys Texize
Paladin Holdings, a portfolio company of Makai Capital Partners, has acquired Texize, a manufacturer of industrial and commercial soaps, and detergents. Greenville, South Carolina-based Texize…...
More Private Equity News

New Heritage Beats Target on Fund IV

LLCP Sells Therapeutic Research Center to Gridiron

Home Depot Buys IDG from Millpoint

With Buy of Player One, OpenGate is the New Pinball Wizard

Third Fund Hits Hard Cap at Tower Arch

Angeles Continues Build of Data Clean Platform

Branford Builds Clean Solutions Group

SK Capital Launches Ingredients Platform with Buy of J&K from CORE

New Funds
New Heritage Beats Target on Fund IV
New Heritage Capital has held an above target and oversubscribed closing of its fourth fund, New Heritage Capital IV LP, with $438 million in capital…....
Third Fund Hits Hard Cap at Tower Arch
Tower Arch Capital has closed Tower Arch Partners III LP with $750 million of capital commitments. Fund III closed at its hard cap in a…...
Shorehill Closes Oversubscribed Fund II
Shorehill Capital has held a final, oversubscribed closing of its second fund, Shorehill Private Equity II LP, with $260 million in capital commitments, exceeding its…...
One Fund for Each Corner: L Squared Closes Fourth Fund at $840 Million
L Squared has held the final closing of its fourth private equity fund with $840 million of capital. The firm’s earlier fund closed in September…...

People on the Move

Gridiron Capital Promotes Three to Managing Director

Kian Continues Hiring Spree

Excellere Adds Business Development Pro
