Private Equity
Cerberus and TCW made an investment in Sanford, North Carolina-based Frontier Spinning, a producer of cotton and cotton/polyester blend yarns for the knitting and weaving industries. No financial terms were disclosed.
3 min read · 02 May 2019
Tex Tech Industries, which is backed by Arlington Capital Partners, has acquired Highland Industries' coating business and defense-related operations. No financial terms were disclosed. The acquired businesses will be renamed Tex Tech Coatings.
3 min read · 02 May 2019
Continental Batteries, a portfolio company of Incline Equity Partners, has acquired Metroplex Battery and Ellis Battery, distributors of aftermarket batteries for the automotive, commercial, golf and marine markets. No financial terms were disclosed.
1 min read · 02 May 2019
Midwest Industrial Rubber, a portfolio company of Incline Equity Partners, has acquired The Atlanta Belting Company, a specialty fabricator and distributor of lightweight conveyor belting and accessories. No financial terms were disclosed.
2 min read · 02 May 2019
BBH Capital Partners has recapitalized Stafford, Texas-based 700 Valve, a distributor of specialty industrial valves. No financial terms were disclosed. KPMG Corporate Finance LLC advised 700 Valve on the transaction.
2 min read · 02 May 2019
One Rock Capital Partners LLC has acquired Greenville, South Carolina-based Process Solutions, a manufacturer and material sciences company. The seller was Newell Brands. No financial terms were disclosed.
2 min read · 01 May 2019
VersaFlex, which is backed by DalFort Capital Partners LLC, has acquired Lakewood, Washington-based Specialty Products, a maker of spray-applied polyurea elastomers, polyurethane foams and custom plural component equipment. No financial terms were disclosed.
2 min read · 01 May 2019
Blackford Capital said April 30 that it sold Custom Profile to the company’s employees in partnership with Mosaic Capital Partners. Financial terms weren’t announced. Custom Profile, of Grand Rapids, Michigan, makes plastic extruded parts servicing the office furniture, appliance, and medical device industries.
3 min read · 01 May 2019
Parkway Products LLC, a portfolio company of Capital Partners, has acquired ITECH Plastics, a plastic fabrication company. No financial terms were disclosed.
2 min read · 29 April 2019
White Distribution & Supply LLC, a portfolio company of Slate Capital Group, has acquired Peoria, Illinois-based Hagerty Industrial Supply, a provider of maintenance, repair, operating and production supplies to OEMs and construction/trade contractors. No financial terms were disclosed. XLCS was M&A adviser to Hagerty on the transaction.
2 min read · 29 April 2019
