Private Equity
The Firmament Group and an investment group led by Promus Equity have made an investment in Total Seal Inc, a maker of high performance piston rings and accessories primarily for racing and the automotive aftermarket. No financial terms were disclosed.
3 min read · 18 June 2019
All States Ag Parts LLC, a portfolio company of Kinderhook Industries LLC, said June 18 that it acquired Kern County Tractor Parts Inc. Financial terms weren’t announced. Kern, of McFarland, California, provides used, new aftermarket and remanufactured parts for the agricultural industry.
3 min read · 18 June 2019
Tekni-Plex, which is backed by Genstar Capital, has acquired three manufacturing facilities from Amcor's flexible packaging business unit. No financial terms were disclosed. The facilities are located in in Madison and Milwaukee, Wisconsin and Ashland, Massachusetts.
2 min read · 17 June 2019
H.I.G. Capital LLC has agreed to acquire Covestro's European polyurethane systems business. No financial terms were disclosed. The deal is expected to close in the second half of 2019.
3 min read · 17 June 2019
Liberty Hall Capital Partners said June 17 that it agreed to sell AIM Aerospace to Sekisui Chemical Group for $510 million cash. AIM Aerospace, of Renton, Washington, designs and produces composite structures, systems, engine components and thermoplastic technology for the global aerospace industry.
4 min read · 17 June 2019
Parker Building Supplies, a portfolio company of Cairngorm Capital Partners, said June 17 that acquired Sussex Turnery and Moulding Co Ltd. Financial terms weren’t announced. Sussex Turney, of the U.K., is a builders’ merchant and wholesale timber processing and distribution business.
4 min read · 17 June 2019
Unifrax, backed by Clearlake Capital Group LP, said June 17 that it acquired Stellar Materials LLC. Financial terms weren’t announced. Stellar makes specialty chemistries and materials.
3 min read · 17 June 2019
Berkshire Partners and Warburg Pincus have agreed to recapitalize Cleveland-based Consolidated Precision Products Corp, a maker of complex cast products. No financial terms were disclosed. Morgan Stanley & Co. LLC and Lazard provided financial advice to CPP on the transaction.
4 min read · 14 June 2019
OpenGate Capital has sold Omniplast, a provider of piping systems, to a group of investors comprised of Reedcapital, Luigi M. Chiaraviglio and Swiss Merchant Corporation. No financial terms were disclosed.
4 min read · 14 June 2019
3 min read · 13 June 2019
