Private Equity
Shorehill Capital LLC has acquired an ownership stake in Vandalia, Ohio-based Triad Technologies LLC, a distributor of industrial fluid power and automation solutions. No financial terms were disclosed. Twin Brook Capital Partners and Maranon Capital LP provided financing for the deal.
2 min read · 07 November 2019
Gelpac, a Marieville, Québec-based provider of packaging solutions, has acquired Haverhill, Massachusetts-based WBC Extrusion Products, a maker of single-use blown polymer films for the food, industrial, automotive, medical and commercial packaging industries. Caisse de dépôt et placement du Québec, Québec Manufacturing Fund and Namakor were among the investors that backed this transaction. No financial terms were disclosed.
2 min read · 07 November 2019
Time Manufacturing Company, a portfolio company of The Sterling Group, has acquired Fort Worth, Texas-based BrandFX, a maker of advanced composite service bodies, line bodies, inserts, toppers and covers. No financial terms were disclosed.
2 min read · 06 November 2019
MPE Partners has sold the B&E Group's OEM manufacturing division to Cadence Aerospace, which is backed by Arlington Capital Partners. No financial terms were disclosed. Based in Southwick, Massachusetts, B&E Group is a maker of complex, precision machined aerospace and defense components.
2 min read · 06 November 2019
MacQueen Group, a portfolio company of Rotunda Capital Partners, has acquired Temco Machinery Inc./Global Emergency Products. No financial terms were disclosed.
3 min read · 06 November 2019
Wells Fargo industrials banker Casey Rentch joined Goldman Sachs as the bank seeks to capture a larger share of the middle-market advisory and financing market.
2 min read · 05 November 2019
Waterlogic, which is backed by Castik Capital, has acquired two water dispenser businesses: Pure Water Technology Ohio and PWT Georgia. No financial terms were disclosed.
4 min read · 05 November 2019
Hunt Valve Company, a portfolio company of May River Capital, has acquired Chandler, Arizona-based Pima Valve, a provider of bronze marine valves. No financial terms were disclosed.
3 min read · 05 November 2019
Angeles Equity Partners said Nov. 5 that it acquired Crenlo Cab Products LLC and Worthington Industries Engineered Cabs (WIEC). Financial terms weren’t announced. KPS Capital Partners LP sold Crenlo, while Worthington Industries sold WIEC. Angeles owns a majority of the combined Crenlo and WIEC, while Worthington Industries has a minority. Crenlo and WEIC provide engineered operator cabs in North and South America for heavy equipment and off-highway vehicle manufacturers.
4 min read · 05 November 2019
Molecular Products Group, which is backed by Arlington Capital Partners, has acquired Connellsville, Pennsylvania-based O.C. Lugo Company, a maker of sodium chlorate-based chemical oxygen generators. No financial terms were disclosed.
2 min read · 04 November 2019