Manufacturing

SK Capital Announces Acquisition of Canlak and Valentus Specialty Chemicals

SK Capital plans to form a premier North American wood coatings company called Canlak Coatings, which will be headquartered in North Brunswick, New Jersey.

AE Industrial-backed Belcan adds-on VICTOR42

The add-on is the 17th by Belcan since it was acquired by AE Industrial in 2015.

Dubin Clark sells Sila Heating & Air to Morgan Stanley Capital Partners

Dubin Clark launched the Sila HVAC platform in July 2019 and subsequently led the acquisition of six add-ons.

Angeles, Clearlake to sell American Construction Source to Bain-backed US LBM

Since Angeles and Clearlake formed ACS in 2018 in partnership with CEO James Drexinger, the platform has successfully acquired and integrated nine businesses.

Monroe Capital supports Trive Capital's recap of Oscar Larson.

Oscar Larson is an end-to-end equipment distributor and provider of installation, testing, inspection, maintenance and repair services.

MSCP invests in Nivel

Morgan Stanley Capital Partners has made an investment in Jacksonville, Florida-based Nivel, a provider of branded aftermarket parts for personal transportation vehicles, utility terrain vehicles and heavy-duty equipment.

Cinven to exit Chryso

Cinven has agreed to sell Chryso, a French maker of concrete admixtures and cement additives, as well as construction systems, to Saint-Gobain.

CDPQ-backed Novatech buys Energi's patio door plant unit

Novatech Group, backed by Caisse de dépôt et placement du Québec, has acquired the Terrebonne patio door plant of Energi Fenestration Solutions.

Sole Source-backed Peak Ryzex buys Bar Code Direct

Peak-Ryzex, which is backed by Sole Source Capital, has acquired North Grafton, Massachusetts-based Bar Code Direct, a reseller of AIDC hardware and accessory equipment for the manufacturing, retail, consumer, and healthcare end-markets.