Private Equity
H.I.G. Capital said June 10 that it acquired Cardinal Logistics. Financial terms weren’t announced. Cardinal, of Concord, North Carolina, provides outsourced transportation and logistics solutions to customers across diverse end markets.
3 min read · 10 June 2019
Trive Capital has sold Southern Towing Company LLC to CC Industries Inc. No financial terms were disclosed. Memphis-based STC is an inland tank barge operator.
2 min read · 07 June 2019
EveryAction, which is backed by Insight Partners, has acquired Virginia-based DonorTrends, a fundraising analysis firm. No financial terms were disclosed.
4 min read · 07 June 2019
Genstar Capital has agreed to acquire Columbia, Maryland-based Advarra from Linden Capital Partners. No financial terms were disclosed. At the closing of the deal, Linden plans on reinvesting in Advarra via a minority investment. Advarra is a provider of institutional review board, institutional biosafety committee and compliance and regulatory consulting services.
3 min read · 06 June 2019
Covius Holdings, a provider of technology-enabled services for the financial services industry, has agreed to acquire certain businesses from Chronos Solutions. The businesses include Chronos Solutions' credit, flood, income and tax verification services, government services, REO management and disposition, online foreclosure auction and homeowners association tracking units. No financial terms were disclosed. Covius is backed by Aquiline Capital Partners.
3 min read · 04 June 2019
DW Healthcare Partners has acquired two Draper, Utah-based companies: Spectrum Solutions LLC and Go-2 Fulfillment Company Inc. No financial terms were disclosed. Spectrum is a product development, custom designer and manufacturer of containers and packaging solutions while Go-2 is a provider of shipping and fulfillment solutions. No financial terms were disclosed. Generational Equity advised Spectrum and Go-2 on the transaction.
4 min read · 04 June 2019
Fortis Solutions Group LLC, which is backed by Main Post Partners, has acquired Merced, California-based Label Technology Inc, a printer of flexible packaging, stand-up pouches and pressure sensitive labels. No financial terms were disclosed.
3 min read · 04 June 2019
Bregal Sagemount has invested in Procurement Advisors LLC. Financial terms weren’t announced. Procurement Advisors, of Atlanta, is a group purchasing organization focused on the maintenance, repair, and operating supplies market. PA founders Suja Katarya and Keith Brower will continue to retain a stake.
2 min read · 04 June 2019
MAS, which is backed by Growth Catalyst Partners, has acquired Brooklyn, New York-based BeSide Digital, a studio and lab focused on bespoke design, engineering and production. No financial terms were disclosed.
2 min read · 03 June 2019
Ardian has acquired a minority stake in Uptoo, a French sales representative recruitment platform. No financial terms were disclosed.
3 min read · 31 May 2019
