Private Equity
OpenGate has agreed to acquire SMAC, a French manufacturer of waterproofing and building envelope solutions, from Colas Group. No financial terms were disclosed.
3 min read · 15 February 2019
Mason Wells has sold Roselle, Illinois-based Aquion Inc, a maker of water treatment equipment and water quality solutions, to Pentair plc. The value of the deal was $160 million. Robert W. Baird advised Aquion while Quarles & Brady provided legal counsel.
2 min read · 14 February 2019
CenterGate Capital has made an investment in Lakeland, Florida-based Mid-State Industrial Maintenance, a provider of on-site and off-site industrial maintenance and service solutions. No financial terms were disclosed.
2 min read · 14 February 2019
Smart Care Equipment Solutions, a portfolio company of Audax Private Equity, has acquired Mid-South, a Goodlettsville, Tennessee based company offering commercial equipment maintenance and installation services, according to a company announcement. No financial terms were disclosed.
1 min read · 13 February 2019
H.I.G. Capital has sold Caraustar Industries Inc to Greif Inc for $1.8 billion. Based in Austell, Georgia, Caraustar is a maker of recycled materials and paper products.
4 min read · 11 February 2019
Avantor Inc, a manufacturer and distributor of products, services and solutions to professionals in the life sciences and advanced technology industries, has filed for an IPO. The number of shares that will be sold as well as the stock's pricing terms have yet to be disclosed. Avantor is a portfolio company of New Mountain Capital.
2 min read · 11 February 2019
Twin Brook, Angelo Gordon's mid-market direct lending arm, has provided financing to support Highroad Capital Partners' recapitalization of York Wallcoverings, according to a source familiar with the transaction. No financial terms were disclosed. York Wallcoverings is a maker of wallpaper, borders, murals and wall decals.
1 min read · 11 February 2019
Ingersoll-Rand plc has made an offer to acquire Precision Flow Systems from BC Partners Advisors LP and The Carlyle Group for $1.45 billion. PFS is a provider of fluid management systems. The proposed deal is expected to close in mid-2019.
3 min read · 11 February 2019
Stellex Capital Management LP has made an investment in Odessa, Texas-based Cisco Equipment, a provider of equipment, services, parts and supplies to the midstream infrastructure, general construction, agriculture and general industrial markets. No financial terms were disclosed for the transaction that was done in partnership with Christopher J. Sibert.
3 min read · 11 February 2019
One Rock Capital Partners agreed to buy the plastics distribution business of Nexeo Solutions Inc. The deal will follow Nexeo's pending acquisition by Univar Inc. The acquisition will create a standalone plastics distribution business.
3 min read · 08 February 2019
