Private Equity
Harbor Beach Capital said Aug. 12 that it invested in Atlantic Southern Paving. Financial terms weren’t announced. Atlantic Southern, of Broward County, Florida, provides pavement maintenance and construction services in Florida and nationally.
3 min read · 12 August 2019
Dunes Point Capital LP said Aug. 12 that it invested in Vanguard Packaging Inc, Advanced Logistics & Fulfillment LLC, and Great Plains Packaging Inc. Financial terms weren’t announced. Vanguard, of Kansas City, Missouri, designs and makes corrugated displays, retail ready packaging, industrial packaging products and related assembly, logistics and fulfillment services.
2 min read · 12 August 2019
AMS AG made a 3.7 billion euro ($4.1 billion) offer for Osram Licht AG days after a major shareholder rejected a lower offer from Bain Capital and Carlyle Group, Bloomberg reported. News of the offer caused shares of Osram, a German light and sensor maker, to soar, the story said.
1 min read · 12 August 2019
AURELIUS Equity Opportunities SE & Co KGaA said Aug. 9 that it agreed to buy the Armstrong ceiling tiles and grids businesses in Austria, Estonia, Germany, Ireland, Italy, Latvia, Lithuania, Portugal, Spain, Turkey and the UK from Knauf International GmbH. The company provides mineral fibre tiles and grids for modular suspended ceilings to commercial properties. Financial terms weren't announced.
3 min read · 09 August 2019
Platinum Equity has agreed to buy Wesco Aircraft Holdings Inc in a deal valued at about $1.9 billion. Wesco Aircraft distributes and provides supply chain management services to the aerospace industry. Wesco shareholders include Carlyle Group and Makaira Partners, as well as the Snyder Family Trusts. Daniel Lennon and Bradley Faris of Latham & Watkins LLP represented Wesco.
8 min read · 09 August 2019
Reedy Industries, a portfolio company of Audax Private Equity, has acquired Just Service Inc and AirMasters, two providers of HVAC and other mechanical services. No financial terms were disclosed.
1 min read · 07 August 2019
Arcline Investment Management said Aug. 7 that it acquired Pride Engineering LLC from May River Capital. Financial terms weren’t announced. Pride Engineering designs and makes precision-engineered tooling, equipment, and aftermarket parts that are mission-critical to the aluminum beverage packaging manufacturing process.
3 min read · 07 August 2019
Abu Dhabi National Oil Co said Aug. 7 that it bought 10 percent of VTTI BV. Financial terms weren’t announced. VTTI owns 15 hydrocarbon storage terminals across 14 different countries.
6 min read · 07 August 2019
GenServe, a portfolio company of GenNx360 Capital Partners, has acquired GenAssist, a provider of maintenance and repair services to industrial generators and backup power solutions, as well as equipment sales in New York and New Jersey. No financial terms were disclosed.
2 min read · 06 August 2019
New State Capital Partners said Aug. 6 that it invested in Mako Steel. Financial terms weren’t announced. Mako, of Carlsbad, California, builds single-story, multi-level, and custom storage facilities in 44 states, Canada, and Mexico.
2 min read · 06 August 2019
