Private Equity
Gold Medal Group, a portfolio company of Kinderhook Industries LLC, said May 28 that it acquired Earthtech Contracting Inc. Financial terms weren’t announced. Earthtech, of Woodbine, New Jersey, provides trash and recycling collection services to residential and commercial customers across southern New Jersey.
3 min read · 28 May 2019
Vopne Capital has made an investment in Sun Valley, California-based Coronado Manufacturing, a maker of precision-machined components for the aerospace industry. No financial terms were disclosed.
2 min read · 24 May 2019
Crosby has acquired Gunnebo Industries from Segulah, a Nordic private equity firm. No financial terms were disclosed. Alantra served as financial adviser to Crosby on the transaction while Kirkland & Ellis and Vinge acted as legal advisers. Gunnebo Industries is a provider of products for material handling and other related applications.
2 min read · 22 May 2019
PennSpring Capital has acquired Swing Kingdom, a maker of vinyl playground equipment; and Atlas Molding, a plastic rotational molding company. No financial terms were disclosed. Thomas Nehilla of Barley Snyder LLP provided legal counsel to Swing Kingdom and Atlas Molding on the deal while K&L Gates LLP provided legal counsel to PennSpring Capital.
3 min read · 22 May 2019
TowerBrook Capital Partners has agreed to sell Metallo, a Belgian-Spanish metals recycling company, to Aurubis. No financial terms were disclosed. The deal is expected to close toward the end of the year.
1 min read · 22 May 2019
Ironwood Capital has made an investment in Mentor, Ohio-based Libra Industries, a manufacturer of engineered printed circuit board assemblies, electromechanical assemblies and electronic control solutions. No financial terms were disclosed.
2 min read · 22 May 2019
OpenGate Capital said May 22 that it acquired the SMAC business of Colas Group. Financial terms weren’t announced. SMAC makes waterproofing and building envelope solutions.
2 min read · 22 May 2019
Charme Capital Partners has agreed to sell a majority stake in ATOP to IMA in a deal valued at about 380 million euros. Based in Italy, ATOP is a maker of machines and automatic lines for electric motor production.
5 min read · 21 May 2019
Blue Sage Capital has sold Cobalt Environmental Solutions to Bison. No financial terms were disclosed. Cobalt is an operator of oilfield wastewater disposal and hydrocarbon extraction facilities in the region.
2 min read · 21 May 2019
Five Point Energy has sold a minority stake in WaterBridge Resources LLC to GIC. The price of the transaction puts WaterBridge's enterprise valuation at about $2.8 billion. Barclays served as financial adviser to Five Point Energy and WaterBridge on the transaction. Houston-based WaterBridge is a developer, owner and operator of water infrastructure networks.
4 min read · 17 May 2019
