Private Equity
Innovative Chemical Products Group LLC, a portfolio company of Audax Private Equity, has acquired ASTEC, according to a news announcement. No financial terms were disclosed. Based in Binghamton, New York, ASTEC is a provider of fluid-applied acrylic membrane systems for the restoration of roofs, walls, tanks, piping, ductwork and other industrial surfaces.
1 min read · 14 March 2019
Blue Sage Capital has made an investment in West Des Moines, Iowa-based All-State Industries, a provider of custom, highly-engineered nonmetallic components. No financial terms were disclosed. Lincoln International was the investment banking representative for All-State on the deal.
1 min read · 14 March 2019
C-P Flexible Packaging, a portfolio company of First Atlantic Capital, has acquired Buffalo, New York-based Flexo Transparent, a custom plastic manufacturing and printing solutions provider. The sellers from ORIX Mezzanine & Private Equity and Sidereal Capital Group. No financial terms were disclosed.
3 min read · 14 March 2019
Innovative Chemical Products, a portfolio company of Audax Private Equity, has acquired Benefect, a provider of disinfectant and cleaning supplies for the environmental remediation industry. No financial terms were disclosed.
2 min read · 13 March 2019
Munch’s Supply, a portfolio company of Rotunda Capital Partners, has acquired Comfort Air Distributing and its three Colorado branches. CapitalValue Advisors served as financial adviser to Comfort Air Distributing on the transaction. Comfort Air Distributing is a provider of Rheem heating and air conditioning equipment.
3 min read · 12 March 2019
WJ Partners has made an investment in Charlotte, North Carolina-based Power-Utility Products Co., a provider of strut channel, cable tray, fittings and associated products used in electrical infrastructure. No financial terms were disclosed. Also, PUPCO has named Cameron Todd as CEO. First Tennessee Bank provided debt financing to back WJ Partners’ acquisition of PUPCO.
3 min read · 12 March 2019
Kinderhook Industries LLC said March 12 that it acquired RR Manufacturing LLC and Rocky Ridge Transportation LLC. Financial terms weren’t announced. RR Manufacturing and Rocky Ridge are OEM authorized specialty vehicle manufacturer for light-duty pickup trucks.
2 min read · 12 March 2019
Partners Group said March 12 that it provided equity financing for Greenlink Interconnector. Element Power and Hudson Sustainable Investments are current shareholders. Financial terms weren’t announced. Greenlink is a project to construct a 500MW subsea interconnector between Ireland and Great Britain.
2 min read · 12 March 2019
Tribus Aerospace, which is backed by Shorehill Capital, has acquired Ohio-based Midwest Precision, a precision manufacturer of complex components for the aerospace, defense, energy and engineered products markets. No financial terms were disclosed.
3 min read · 11 March 2019
Vessco Inc, a portfolio company of O2 Investment Partners, said March 11 that it invested in Dorner Products. Financial terms weren’t announced. Dorner, of Sussex, Wisconsin, supplies flow control equipment and related services.
3 min read · 11 March 2019
