Industrial Growth Partners, with management and other investors, has acquired Cambridge International. Headquartered in Cambridge, Maryland, Cambridge is a manufacturer of metal conveyor belts and related woven metal mesh solutions. PRESS RELEASE Industrial Growth Partners, together with management and other investors, has acquired Cambridge International, Inc. (“Cambridge”). Headquartered in Cambridge, Maryland, Cambridge is the world’s […]
Tonka Bay Equity Partners has acquired electrical storage business Quick Cable Corporation. Tonka Bay teamed up with current management, including newly appointed president Robert Hoganson, to acquire the company from John Shannon, who will retain an ownership interest and will serve as business development advisor. Quick Cable is Tonka Bay’s first platform company in its […]
This morning's peHUB First Read comes with the latest from Sharespost, PE eying One Fifty One and a fat bowl of ... fish.
TrustHouse Services Group, which is backed by Gryphon Investors, has merged with Lindley Food Service. Financial terms weren’t disclosed. New Haven, Conn.-based Lindley Food specializes in the education and healthcare food service sector. Trusthouse also provides food services and manages over 420 client accounts across 34 states. PRESS RELEASE TrustHouse Services Group, a leading Healthcare, […]
Versa Capital Management said Monday that it has closed its buy of certain assets of United Retail Group, which operates the Avenue brand of women’sa apparel. Financial terms weren’t announced. The new company, Avenue Stores, has acquired nearly all the assets of URG, including assuming 246 leases. Avenue has also hired most of the former […]
Middle market M&A slides in Q1. Plus a slideshow of top 3 PE-backed middle market deals.
XL Inc., which is backed by The Halifax Group, has merged with ALON. Financial terms weren’t announced. Springfield, Va.-based ALON is a program management, strategic acquisition planning and financial management services business. PRESS RELEASE XL, Inc., (“XL”) a global acquisition, grants and professional services company based in McLean, VA, announced today it has merged with […]
Woodstream Corp., which is backed by Brockway Moran & Partners and CHS Capital, has competed its buy of Senoret Group. Financial terms weren’t announced. Senoret provides pest control products sold under the TERRO and Sweeney’s brand names. PRESS RELEASE Woodstream Corporation (“Woodstream”), a portfolio company of Brockway Moran & Partners and CHS Capital, has completed […]
The Edelman Financial Group said Monday that it has agreed to sell itself to Lee Equity Partners for $8.85 a share cash. The offer represents a 43% premium to Edelman’s closing share price of $6.18 Friday. The transaction is expected to close in third quarter. Houston-based Edelman Financial is a wealth management firm. Ric Edelman […]
Great Wolf Resorts has received an offer from KSL Capital Partners to buy the company for $7 per share, according to Reuters. This comes days after Great Wolf’s largest investor rejected an earlier bid made by Apollo Global. Reuters – Great Wolf Resorts said late on Sunday it received an offer from KSL Capital Partners […]