Private Equity
Compass Diversified Holdings, an owner of middle-market businesses has agreed to sell Clean Earth to Harsco Corporation for about $625 million in cash. The deal is expected to close within the next few months. Moelis & Company LLC and Houlihan Lokey provided financial advice to CODI on the deal with Squire Patton Boggs (US) LLP providing legal counsel. Clean Earth is a specialty waste company.
3 min read · 17 May 2019
Tapì, which is backed by Wise Equity SGR, has acquired Les Bouchages Delage, a French elite manufacturer. No financial terms were disclosed.
2 min read · 17 May 2019
KPS Capital Partners has sold Genesis Attachments to NPK Construction Equipment Inc. No financial terms were disclosed. Headquartered in Superior, Wisconsin, Genesis is a producer of hydraulic mobile shears, specialty demolition attachment tools, grapples, concrete processors and associated aftermarket parts.
2 min read · 17 May 2019
KPS Capital Partners said May 16 that it agreed to buy Howden from Colfax Corp for $1.8 billion. The deal includes $1.66 billion in cash and $0.14 billion in assumed liabilities and minority interest. Howden, of Glasgow, Scotland, provides mission critical air and gas handling products and services to the industrial, power, oil & gas, and mining industries.
4 min read · 16 May 2019
All States Ag Parts LLC, a portfolio company of Kinderhook Industries LLC, said May 16 that it acquired John F. Mahaney Co. Financial terms weren’t announced. John F. Mahaney, of Sacramento, California, distributes professional-grade tools and supplies to the agricultural and industrial markets.
3 min read · 16 May 2019
Golden Gate Capital said May 16 that it agreed to sell ArrMaz to Arkema Group for about $570 million. ArrMaz produces specialty chemicals for the mining, crop nutrients, asphalt paving, and other industries.
3 min read · 16 May 2019
Bernhard Capital-led investor group has acquired a stake in Louisiana-based The Lemoine Company, a construction management firm. No financial terms were disclosed.
2 min read · 15 May 2019
An investor group comprised of SJL Partners LLC, KCC and Wonik has closed its previously announced acquisition of Momentive, a global silicones and advanced materials company. No financial terms were disclosed. According to the terms of the deal, Momentive stockholders received $32.50 in cash for each issued and outstanding share of common stock they owned.
3 min read · 15 May 2019
Osgood Capital and Cyprium Investment Partners have agreed to acquire Milacron's Uniloy Blow Molding business. No financial terms were disclosed. The deal is expected to close within the next 90 days.
3 min read · 14 May 2019
Polytek Development Corp, which is backed by Arsenal Capital Partners, has acquired Fields Landing, California-based Environmental Technology Inc, a provider of coating, casting and molding products for the professional artist, crafter and hobbyist. No financial terms were disclosed.
3 min read · 14 May 2019
