Retail

MiddleGround Capital is set to sell Arrow Tru-Line, a maker of overhead garage door components, to Blackstone-backed Chamberlain; BlackRock buying PE firm ElmTree Funds as “structural shifts” create new opportunities in real estate investing; a close look at why PE firms like Advent, Platinum and Graham are betting on flavor-filled sauces and condiments.

'Condiments, sauces, and seasonings are a big, growth-filled sector in the grocery store overall,' Advent managing partner Tricia Glynn told PE Hub.

Summit Partners, Inflexion and KKR are among the PE firms targeting the sector.

TLE is a provider of early childhood education.

The acquisition expands PestCo’s commercial and residential service presence in the Midwest.

The transaction is valued at over €100 million in aggregate.

Uvex develops, manufactures and distributes products and services for the safety and protection of people at work, in sport and for leisure pursuits.

The investment is made via Iconic BrandCo, an Oakley Capital Fund III vehicle.