On the heels of the merger of two Virginia-based companies — XL Inc, a global acquisition, grants, and professional services company, with Alon, which assists federal customers with program management and other financial management services — the combined company, XL, has appointed a new president and COO: William Weber, who joins from Kaseman, a government-services […]
Sentinel Capital Partners, a New York-based private equity firm focused on middle market companies, has acquired a Chicago-based caster manufacturer called the Colson Group from the Pritzker family. Terms of the deal were not disclosed, but Colson — which operates 35 manufacturing and distribution facilities in 15 countries, where it produces wheels for heavy objects […]
The Carlyle Group is in talks to buy a 335,000 barrel per day refinery from Sunoco
Think this one through, David. You haven't gone public yet. You don't have to do this...
CVC Credit Partners is taking on a Goldman Sachs veteran in Stephen Hickey, who will become a member of the firm’s management committee, a well as partner and chief risk officer. CVC Credit Partners is an affiliate of CVC Capital Partners. At Goldman, Hickey held various senior roles, including global head of leverage finance. PRESS […]
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 […]
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.