Private Equity
PennSpring Capital has acquired Swing Kingdom, a maker of vinyl playground equipment; and Atlas Molding, a plastic rotational molding company. No financial terms were disclosed. Thomas Nehilla of Barley Snyder LLP provided legal counsel to Swing Kingdom and Atlas Molding on the deal while K&L Gates LLP provided legal counsel to PennSpring Capital.
3 min read · 22 May 2019
TowerBrook Capital Partners has agreed to sell Metallo, a Belgian-Spanish metals recycling company, to Aurubis. No financial terms were disclosed. The deal is expected to close toward the end of the year.
1 min read · 22 May 2019
Ironwood Capital has made an investment in Mentor, Ohio-based Libra Industries, a manufacturer of engineered printed circuit board assemblies, electromechanical assemblies and electronic control solutions. No financial terms were disclosed.
2 min read · 22 May 2019
OpenGate Capital said May 22 that it acquired the SMAC business of Colas Group. Financial terms weren’t announced. SMAC makes waterproofing and building envelope solutions.
2 min read · 22 May 2019
Charme Capital Partners has agreed to sell a majority stake in ATOP to IMA in a deal valued at about 380 million euros. Based in Italy, ATOP is a maker of machines and automatic lines for electric motor production.
5 min read · 21 May 2019
Blue Sage Capital has sold Cobalt Environmental Solutions to Bison. No financial terms were disclosed. Cobalt is an operator of oilfield wastewater disposal and hydrocarbon extraction facilities in the region.
2 min read · 21 May 2019
Five Point Energy has sold a minority stake in WaterBridge Resources LLC to GIC. The price of the transaction puts WaterBridge's enterprise valuation at about $2.8 billion. Barclays served as financial adviser to Five Point Energy and WaterBridge on the transaction. Houston-based WaterBridge is a developer, owner and operator of water infrastructure networks.
4 min read · 17 May 2019
Compass Diversified Holdings, an owner of middle-market businesses has agreed to sell Clean Earth to Harsco Corporation for about $625 million in cash. The deal is expected to close within the next few months. Moelis & Company LLC and Houlihan Lokey provided financial advice to CODI on the deal with Squire Patton Boggs (US) LLP providing legal counsel. Clean Earth is a specialty waste company.
3 min read · 17 May 2019
Tapì, which is backed by Wise Equity SGR, has acquired Les Bouchages Delage, a French elite manufacturer. No financial terms were disclosed.
2 min read · 17 May 2019
KPS Capital Partners has sold Genesis Attachments to NPK Construction Equipment Inc. No financial terms were disclosed. Headquartered in Superior, Wisconsin, Genesis is a producer of hydraulic mobile shears, specialty demolition attachment tools, grapples, concrete processors and associated aftermarket parts.
2 min read · 17 May 2019
