Private Equity
Aurora Capital Partners has acquired Franklin, Massachusetts-based Cold Chain Technologies, a provider of single-use and reusable passive thermal packaging solutions. No financial terms were disclosed. Harris Williams & Co. served as financial adviser to CCT on the transaction while Robert W. Baird & Co. did likewise for Aurora.
4 min read · 24 July 2019
Pfingsten has acquired Auburndale, Wisconsin-based RapidAir, a maker of compressed air piping systems. No financial terms were disclosed for the transaction that was done in partnership with RapidAir founders Andy and Stacy Remus. Katten represented Pfingsten on the deal.
2 min read · 23 July 2019
Quad-C Management Inc has made an investment in Colorado-based Boulder Scientific Company, a specialty chemical firm. No financial terms were disclosed.
3 min read · 23 July 2019
Audax Private Equity has sold Copley, Ohio-based Preferred Compounding, a provider of proprietary and custom mixed rubber compounds, including strips, slabs, pellets and calendered sheet end forms. The buyer is HEXPOL. No financial terms were disclosed. William Blair & Company was financial adviser to Preferred on the transaction.
2 min read · 23 July 2019
PPG has agreed to acquire Wallingford, Connecticut-based Dexmet Corporation, a maker of specialty materials for surfaces in aerospace, automotive and industrial applications. The seller is Sverica Capital Management LP. No financial terms were disclosed.
2 min read · 22 July 2019
Providence Group LC has acquired Meridian, Mississippi-based Webster Electric Co Inc, an electrical contractor. No financial terms were disclosed. Generational Equity advised Webster Electric on the transaction.
2 min read · 18 July 2019
Arsenal Capital Partners said July 18 that it agreed to buy Revolution. Financial terms weren’t announced. Revolution, of Little Rock, Arkansas, provides sustainable, closed-loop plastic products serving the agricultural, consumer, and industrial markets.
4 min read · 18 July 2019
AE Industrial Partners LP said July 18 that it agreed to buy Columbia Helicopters. Financial terms weren’t announced. Nancy Lematta, the majority owner, is retaining a stake. Columbia, of Aurora, Oregon, provides heavy-lift rotorcraft services with manufacturing and MRO capabilities.
3 min read · 18 July 2019
Kersia, an Ardian portfolio company, said July 18 that it acquired Choisy Laboratories. Financial terms weren’t announced. The Trudeau family and Champlain Financial Corp were the sellers. Choisy, of Canada, develops and makes chemical, biotechnological and biosecurity hygiene solutions.
3 min read · 18 July 2019
Arcline Investment Management said July 18 that it agreed to buy the Reciprocating Compression division of Baker Hughes, a GE company. Financial terms weren’t announced. The Reciprocating Compression division makes and services compression and engine systems that are used in a variety of applications, including the transmission of natural gas across domestic and international pipelines.
2 min read · 18 July 2019
