US

CMI to acquire stake in Del Real Foods from Palladium

According to the terms of the transaction, the founders of Del Real Foods, the Cardenas family, and Palladium, will each own a minority equity stake in Del Real alongside CMI.

Lynx Equity buys specialized electrical contractor Esmay Electric

Esmay Electric was founded in 1979 by Greg Esmay, who retired with the transaction.

Serent Capital sells sponsorship and fan engagement platform Kore

Serent Capital invested in Kore in 2018.

Genstar-backed Marcone appoints Satrazemis as president and CEO

Headquartered in St. Louis, Missouri, Marcone is a distributor of appliance, HVAC, plumbing, commercial kitchen and pool and spa parts and equipment.

Capstreet-backed Analytic Stress Relieving taps Blakeney as CFO

Headquartered in Lafayette, Louisiana, ASR is a provider of on-site heat-treating services.

HCI Equity Partners promotes Novak to managing director and Allen to VP

Novak joined HCI in 2014 and Allen came on board in 2021.

Mill Point forms Voltaris Power after acquiring PCEP and Jefferson Electric

Voltaris will focus on providing custom engineered solutions and electrical products.