Luisa Beltran

H.I.G. buys two Madrid office buildings

H.I.G. Capital LLC said Sept. 19 that it acquired two office buildings totaling approximately 15,000 sqm in Madrid. Financial terms weren’t announced.

U-C Coatings buys Eco Chemical

U-C Coatings, a portfolio company of High Road Capital Partners, has acquired the assets of the stains and industrial coatings business of Eco Chemical Inc. Financial terms weren’t announced. Eco Chemicals, of Seattle, makes water-based stains and coatings used on pressure treated wood and in the manufacturing of wood products such as fencing, decks, and exteriors.

Crossplane Capital takes control of Accent Family

Crossplane Capital said Sept. 19 that it acquired a controlling stake in the Accent Family of Cos. Financial terms weren’t announced. Accent, of Tomball, Texas, distributes baling wire, wire ties and wire tier machines into the waste and recycling industries.

CDPQ invests C$53 mln in neuvoo

Caisse de dépôt et placement du Québec said Sept. 19 that it invested C$53 million ($39.9 million) in neuvoo. Founded in Quebec, neuvoo is an employment website.

Rubenstein spent $10 mln on repairing Washington Monument: Washington Post

David Rubenstein, co-founder and co-executive chairman of the Carlyle Group, spent more than $10 million renovating the Washington Monument, the Washington Post is reporting. After years of repair, the 555-foot marble and granite landmark reopens to the public Thursday, the story said.

Centerbridge nears $2.9B sale of Great Wolf Resorts to Blackstone: Bloomberg

Blackstone Group is near a deal to buy Great Wolf Resorts Inc from Centerbridge Partners, Bloomberg is reporting. The deal values Great Wolf, an indoor water-park operator, at at least $2.9 billion including debt, the story said.

Sherpa Capital invests in Omega Spice

Sherpa Capital said Sept. 19 that it invested in Omega Spice. Financial terms weren’t announced. Omega, of Archena, Spain, produces and distributes dehydrated spices, herbs and vegetables for large food companies.

Shore Capital invests in Main Street Gourmet

Shore Capital Partners said Sept.19 that it invested in Main Street Gourmet via a recap. Financial terms weren’t announced. Main Street, of Akron, Ohio, is a wholesale bakery providing frozen baked goods, including muffins, cookies, granola, brownies and bars.

Lovell Minnick to buy Charles Taylor for 261 mln pounds

Lovell Minnick Partners has agreed to take Charles Taylor private, according to a statement. Lovell Minnick is offering 315 pence for each Charles Taylor share, or 261 million pounds ($326 million). The offer represents a 34 percent premium to Charles Taylor’s closing share price on Wednesday. Charles Taylor, of the U.K., is an insurance services firm.

PE HUB Wire Highlights, 9.18.19

Carl Stanton, Invesco's head of WL Ross business, leaves; Blackstone in $2.5B buy of Promontory; PE firms face congressional scrutiny over surprise billing