Private Equity
Wynnchurch Capital has acquired Fairland, Indiana-based MPL, a provider of cultured marble products for the hospitality and multifamily housing markets. No financial terms were disclosed.
3 min read · 19 June 2019
Brightstar has acquired St. Louis, Missouri-based Gateway Bobcat, a provider of industrial equipment. No financial terms were disclosed.
3 min read · 19 June 2019
KPS Capital Partners said June 19 that it has agreed to sell Chassis Brakes International Group to Hitachi Automotive Systems Ltd, a subsidiary of Hitachi Ltd. Financial terms weren’t announced. Chassis Brakes, of Eindhoven, The Netherlands, makes automotive foundation brakes and foundation brake components. UPDATE: The transaction is valued at $690 million euros ($773 million), a source familiar said. The sale will produce a 6x return for KPS, the person said.
5 min read · 19 June 2019
Xirgo Technologies LlLC, a portfolio company of HKW, has acquired UAB Baltic Car Equipment. Financial terms weren’t announced. UAB provides fleet management solutions, including hardware and software suites for light vehicles, trucks, heavy machinery, and agricultural equipment.
3 min read · 19 June 2019
Incline Equity Partners has sold Rotating Machinery Services, a provider of specialty aftermarket repair, maintenance and overhaul services for large, highly engineered rotating machinery. No financial terms were disclosed. UPDATE: Cortec Group was the buyer.
2 min read · 18 June 2019
Speyside Foundry Holdings, which is backed by Speyside Equity, has acquired two Pennsylvania-based casting companies: Hazleton Casting Company and Weatherly Casting and Machine Company. No financial terms were disclosed.
2 min read · 18 June 2019
The Firmament Group and an investment group led by Promus Equity have made an investment in Total Seal Inc, a maker of high performance piston rings and accessories primarily for racing and the automotive aftermarket. No financial terms were disclosed.
3 min read · 18 June 2019
All States Ag Parts LLC, a portfolio company of Kinderhook Industries LLC, said June 18 that it acquired Kern County Tractor Parts Inc. Financial terms weren’t announced. Kern, of McFarland, California, provides used, new aftermarket and remanufactured parts for the agricultural industry.
3 min read · 18 June 2019
Tekni-Plex, which is backed by Genstar Capital, has acquired three manufacturing facilities from Amcor's flexible packaging business unit. No financial terms were disclosed. The facilities are located in in Madison and Milwaukee, Wisconsin and Ashland, Massachusetts.
2 min read · 17 June 2019
H.I.G. Capital LLC has agreed to acquire Covestro's European polyurethane systems business. No financial terms were disclosed. The deal is expected to close in the second half of 2019.
3 min read · 17 June 2019
