Private Equity
Endeavor Business Media, which is backed by Resolute Capital Partners, has acquired several PennWell media properties from Clarion Events. No financial terms were disclosed. Brian DeCicco from Berkery Noyes was financial adviser to Clarion Events Ltd on the transaction.
4 min read · 25 February 2019
Hoffman Southwest Corp, which is backed by ORIX Capital Partners, has acquired Chesapeake, Virginia-based Tri-State, a provider of trenchless repair, rehabilitation, inspection and other maintenance services for the municipal utility market. No financial terms were disclosed. Matrix was financial adviser to Tri-State on the transaction while Troutman Sanders served as legal counsel for Tri-State.
4 min read · 25 February 2019
Providence Equity Partners has made an investment in TAIT, a provider of advanced creative and engineering solutions for the live entertainment industry. No financial terms were disclosed. Evercore served as financial adviser to TAIT on the transaction while Lazard did likewise for Providence.
4 min read · 25 February 2019
Lineage Logistics has agreed to acquire Chatham, New Jersey-based Preferred Freezer Services, a network of temperature-controlled warehouses. No financial terms were disclosed. The seller was Fenway Partners. No financial terms were disclosed.
5 min read · 25 February 2019
Wind Point Partners has hired an adviser to sell Paragon Films Inc, Bloomberg reported. Paragon, a packaging manufacturer, could sell for $500 million, the story said.
1 min read · 25 February 2019
Project Management Academy, which is backed by Leeds Equity Partners, has acquired Minneapolis-based Watermark Learning, a provider of business analysis, project management and process improvement training. No financial terms were disclosed.
3 min read · 22 February 2019
Auxo Investment Partners has made an investment in Michigan-based Andrie LLC, a bulk transporter of specialty products including liquid asphalt, cement, light oil petroleum products and calcium chloride. No financial terms were disclosed.
5 min read · 21 February 2019
Platinum Equity has agreed to acquire Toronto-based Livingston International, an international trade services firm. No financial terms were disclosed. Livingston specializes in customs brokerage, freight forwarding and trade consulting. Latham & Watkins advised Platinum Equity on the transaction.
3 min read · 21 February 2019
PRA, a portfolio company of CI Capital Partners, has acquired Koncept Events, an event planning company. No financial terms were disclosed.
3 min read · 21 February 2019
Authority Brands, a portfolio company of Apax Partners, said Feb. 21 that it acquired Clockwork Inc from Direct Energy Group, a unit of Centrica. Financial terms weren’t announced. Clockwork provides home services through brands Benjamin Franklin Plumbing, Mister Sparky® electric, and One Hour Heating & Air Conditioning.
3 min read · 21 February 2019