Private investment firm Monroe Capital has provided a $25.5 million unitranche facility to support the acquisition of the heavy duty division of Vista-Pro Automotive. Resilience Capital Partners is acquiring the business which has been renamed Thermal Solutions Manufacturing. PRESS RELEASE Monroe Capital LLC today announced the funding of a $25.5 million unitranche facility to support […]
Last year was a relatively quiet one for PE-backed IPOs in Europe.
The private equity arm of India’s Infrastructure Development Finance Co is reported to have invested 1.5 billion rupees ($30.47 million) in Staragri Warehousing and Collateral Management, an agriculture services company, writes reuters. IDFC Private Equity, which manages about $1.3 billion, will acquire a minority stake in the company. Reuters – The private equity arm of […]
Standex International Corp. has agreed to sell its Air Distribution Products Group to Blue Wolf Capital Partners. Financial terms were not announced. The transaction is expected to close in about 30 days. Standex said it expects to report charges in the range of 18 cents to 23 cents a share, post tax, in discontinued operations […]
USI Insurance Services, which is backed by Goldman Sachs Capital Partners, has bought most of the assets of The Pinnacle Group. Financial terms weren’t announced. Virginia Beach, Va.-based Pijnacle is an employee benefits consulting firm specializing in middle-market business. The company is expected to contribute about $3.3 million in annual revenues to USI. PRESS RELEASE […]
Buyout shop Health Evolution Partners has acquired a majority stake in Irvine, Calif.-based Freedom Innovations, the firm announced. Freedom Innovations develops high-tech prosthetic devices. Freedom’s senior management team will continue their leadership of the organization, and will remain significant shareholders in the company. Financial terms of the transaction were not disclosed. Health Evolution Partners is […]
Delphi Midstream Partners, which is backed by American Securities, said Tuesday that it has closed its sale of Laser Northeast Gathering Co. The buyers were William Partners. The purchase price includes $329 million in cash and approximately 7.5 million Williams Partners’ units. Laser Northeast is a natural gas gathering business located in Pennsylvania and New […]
Frontier Capital has invested in e-VERIFILE along with CEO Mark Wilson, The Yucaipa Companies, Magic Johnson Enterprises and Plexus Capital. Financial services were not announced. e-VERIFILE provides risk assessment, administrative support and workforce solutions. PRESS RELEASE Frontier Capital is pleased to announce its recent investment in e-VERIFILE, Inc., in partnership with experienced CEO, Mark Wilson, […]
Stephen Lamberton has jumped to 1-800-Flowers.com after more than six years at Post Capital Partners.
Archway, which is backedy Tailwind Capital and Black Canyon Capital, has acquired Synq Solutions. Financial terms weren’t announced. Synq provides marketing fulfillment and print management services with operating facilities in the Atlanta and Las Vegas metropolitan areas. PRESS RELEASE Archway, a leader in marketing logistics and fulfillment services, announced today that it has acquired Synq […]