Private Equity
Sea Link International, a portfolio company of New Water Capital LP, has acquired Macomb, Michigan-based Hicks Plastics Company, a provider of injection molded and metallized automotive forward lighting components. No financial terms were disclosed.
3 min read · 20 August 2019
Polytek, which is backed by Arsenal Capital Partners, has acquired Oregon-based Stone Coat Countertops, a provider of epoxy coating systems, casting systems and related accessories. No financial terms were disclosed. Genesis Capital LLC provided financial advice to Polytek on the transaction.
3 min read · 20 August 2019
Mill Point Capital has acquired Pioneer Transformers, a provider of liquid-filled and dry-type power transformers. The seller was Pioneer Power Solutions Inc. No financial terms were disclosed.
2 min read · 19 August 2019
Pacific Equity Partners, an Australian private equity firm, has agreed to acquire Horizon Global's Asia-Pacific business segment. The price of the transaction is A$340 million. Horizon Global is a maker of branded towing and trailering equipment.
3 min read · 16 August 2019
Kinderhook Industries has acquired Avon, Ohio-based Chemtron, a hazardous and non-hazardous waste management provider in the Midwest. The seller was CapitalWorks. No financial terms were disclosed.
3 min read · 16 August 2019
Superior Industrial Maintenance Company, which is backed by Warren Equity Partners, has acquired Morrisville, North Carolina-based Carolina Coatings, a provider of corrosion protection and surface cleaning services for the chemical, pulp and paper, power and food and beverage industries. No financial terms were disclosed. Moore & Van Allen PLLC acted as legal adviser to SIMCO on the transaction.
2 min read · 15 August 2019
RBC Bearings Incorporated has acquired Swiss Tool Systems AG, a provider of modular tooling systems and high-precision boring and turning solutions for metal cutting machines, for $33.9 million. The sellers included Cross Equity Partners LLP. Raiffeisen Switzerland served as financial adviser to RBC Bearings on the transaction.
2 min read · 15 August 2019
Foundation Investment Partners has recapitalized Indiana-based W.A. Jones, a distributor and upfitter of truck equipment. No financial terms were disclosed.
2 min read · 14 August 2019
Motus Integrated Technologies, a portfolio company of Atlas Holdings, has acquired Southfield, Michigan-based Janesville, a maker of lightweight molded fiber products and assembly solutions providing content for over half of light vehicle platforms. The seller was Jason Industries. The purchase price was about $85 million. Lincoln International advised Jason Industries on the sale.
2 min read · 14 August 2019
Pexco, which is backed by AEA Investors, has acquired Bally, Pennsylvania-based HPE Extrusion Solutions, a custom manufacturer of extruded plastic profile products. No financial terms were disclosed.
3 min read · 13 August 2019
