Private Equity
Anvil International, a portfolio company of One Equity Partners and Smith-Cooper International, which is backed by Tailwind Capital, have agreed to merge. No financial terms were disclosed. Based in Exeter, New Hampshire, Anvil is a maker of products that connect and support piping systems while Smith-Cooper is a provider of branded, high-quality pipes, valves, and fittings. UPDATE: OEP will exit Anvil upon the closing of the merger and Tailwind will own the majority of the newly combined company.
3 min read · 26 April 2019
XRI, a portfolio company of Morgan Stanley Energy Partners, has acquired Fountain Quail Water Treatment, a produced water treatment, recycle and reuse business. The seller was Fountain Quail Energy Services LLC, which is backed by CSL Capital Management. No financial terms were disclosed.
4 min read · 24 April 2019
Rocky Mountain Excavating Inc has merged with PLM Asphalt & Concrete LLC, a portfolio company of Peninsula Capital Partners LLC and Silver Peak Partners LLC. No financial terms were disclosed. SLATE Partners advised RME on the merger while Sherman & Howard LLC provided legal representation. Headquartered in Castle Rock, Colorado, RME is a provider of civil design and specialty construction services while Aurora, Colorado-based PLM provides commercial asphalt paving and concrete construction services.
2 min read · 24 April 2019
Willcrest Partners and Curran Companies has recapitalized Phoenix-based Precision Aerospace, a provider of metal assemblies for aerospace and industrial applications. No financial terms were disclosed.
2 min read · 24 April 2019
Comvest Partners has made an investment in Lockport, New York-based VanDeMark, a chemical company. No financial terms were disclosed. Kirkland & Ellis advised Comvest on the transaction.
2 min read · 23 April 2019
Monroe Capital LLC said April 23 that it expanded a loan to TPC Training, a Frontenac portfolio company. TPC is buying National Environmental Trainers Inc and Intelivert. Financial terms weren’t announced. NET provides online environmental, health, and safety training courses to customers across the U.S., primarily focused on hazardous waste training. Intelivert is a workforce safety, compliance and risk management software provider.
2 min read · 23 April 2019
Partners Group said April 23 that it agreed to buy CapeOmega. HitecVision is the seller. The deal values CapeOmega at about 1.2 billion euros ($1.35 billion). CapOmega provides infrastructure for transporting natural gas produced on the Norwegian Continental Shelf.
3 min read · 23 April 2019
Arlington Capital Partners has acquired Triumph Group's forming and fabrication facilities. The acquired assets will operate as Radius Aerospace Inc. No financial terms were disclosed. Based in Hot Springs, Arkansas, Radius is a provider of fabrications, forming and other vertically integrated products and solutions.
3 min read · 22 April 2019
MiddleGround Capital has acquired Southfield, Michigan-based Peterson Spring, a specialty spring manufacturer. No financial terms were disclosed.
2 min read · 22 April 2019
Tekni-Plex, a Genstar Capital portfolio company, said April 22 that it agreed to buy three plants from Amcor's flexible packaging business unit. Financial terms weren’t announced. The facilities—located in Madison and Milwaukee, Wisconsin and Ashland, Massachusetts— provide a portfolio of sterilizable medical device packaging substrates including coated and uncoated Tyvek®, heat-seal and cold-seal coated paper and films, medical grade laminates and die-cut lids and labels.
2 min read · 22 April 2019
