Private Equity
AE Industrial Partners LP said March 8 that it acquired Resolute Industrial Holdings LLC. Financial terms weren’t announced. One Equity Partners is the seller. Resolute, of Indianapolis, provides temporary HVAC&R solutions in North America. Kirkland & Ellis LLP provided legal advice while PricewaterhouseCoopers LLP served as financial adviser to AEI. Sidley Austin LLP was legal adviser and Robert W. Baird & Co served as financial adviser to Resolute and its prior owner One Equity Partners.
3 min read · 08 March 2019
JMC has acquired Mansfield Sales Partners, a provider of revenue and B2B sales consulting services to technology sector and private equity portfolio companies. No financial terms were disclosed. In addition to the acquisition, Greg Dunne, founder and CEO of Mansfield, will join JMC as an operating partner.
2 min read · 07 March 2019
Advarra, which is backed by Linden Capital Partners, has acquired Quorum, which helps clinical research clients accelerate research. No financial terms were disclosed.
3 min read · 07 March 2019
The Sterling Group said March 6 that it sold Process Barron to Carousel Capital. Financial terms weren’t announced. Process Barron, of Birmingham, Alabama, designs, makes and installs industrial process fans and material handling systems, while also providing follow-on service and maintenance for this equipment. Houlihan Lokey and Willkie Farr & Gallagher advised Sterling on the transaction.
2 min read · 07 March 2019
CoolSys, a portfolio company of Audax Private Equity, has acquired Syracuse, New York-based ABC Refrigeration & HVAC, a commercial refrigeration and air conditioning services provider. No financial terms were disclosed.
3 min read · 04 March 2019
WJ Partners has divested its stake in Mobile Communications America to Sentinel Capital Partners. No financial terms were disclosed. BlackArch Partners was financial adviser to WJ Partners on the deal while McGuireWoods provided legal counsel. MCA is a provider of lifecycle communication solutions to government agencies, public safety organizations, first responders, military, public services, utilities and manufacturers.
3 min read · 04 March 2019
Platinum Equity has acquired Lonza's water care business in a deal valued at about $630 million. Gibson, Dunn & Crutcher LLP served as legal adviser to Platinum Equity on the transaction.
2 min read · 01 March 2019
Agility Recovery, a portfolio company of LLR Partners, has acquired Atlanta-based Preparis, a provider of emergency notification solutions. No financial terms were disclosed.
2 min read · 27 February 2019
Boyne Capital and Grindstone Partners has sold Fulcrum IT Services LLC to Huntington Ingalls Industries for $193 million. Based in Centreville, Virginia, Fulcrum is a information technology and government consulting company.
4 min read · 27 February 2019
CyberRisk Alliance, a business intelligence company focused on the cybersecurity and information risk management marketplace, has acquired InfoSec World Conference and Expo, a top trade show for the information security industry. The seller was MIS Training Institute. No financial terms were disclosed. Corporate Solutions advised MIS Training Institute on the deal. CyberRisk Alliance is backed by Growth Catalyst Partners.
4 min read · 26 February 2019
