Caltius Capital Management

Caltius Equity Partners sold its stake in DHR Services Holdings to Oasis Outsourcing. Financial terms were not disclosed. DHR provides human resources services to small and medium-sized businesses in the southwestern U.S. Based in Los Angeles, Caltius invests in business, consumer, industrial, IT and healthcare services companies in the lower-middle market.

Audax Private Equity said April 19 that it acquired acquire Impact Facility Services, LLC d/b/a Academy Fire Life Safety. Financial terms weren’t announced. Caltius Equity Partners was the seller. Academy, of Maspeth, New York and Long Beach, California, provides fire and life safety services to national, regional, and local customers across retail, hospitality, healthcare, industrial, and other end markets.

Sverica Capital Management LLC said Wednesday it sold MC Sign Company to Caltius Capital Management. Financial terms weren’t announced. Mentor, Ohio-based MC provides signage and lighting services to a variety of multi-site industries, including quick serve restaurant, retail, convenience stores, and hospitality. TM Capital advised MC Sign Company and Sverica.

Monroe Capital said Tuesday that it has provided a $14 million credit facility to support Caltius Equity Partners' recapitalization of Starpoint Health. Based in Newport Beach, Calif., Starpoint Health runs multi-specialty ambulatory surgery centers in Southern California.

This week there are analyst positions at Caltius Equity Partners and Fortress Investment Group and associate positions at Hamilton Lane and Sopris Capital.

Electra Bicycle Company, a global designer and marketer of comfort bicycles has been sold to Trek Bicycle Corporation. Harris Williams & Co acted as the exclusive advisor to Electra, a portfolio company of Caltius Equity Partners.

WestView Capital Partners has invested in DavexLabs LLC dba L'ANZA, a portfolio company of Caltius Equity Partners. CEO David Berglass participated in the transaction. Financial terms weren't announced. Santa Monica, Calif.-based DavexLabs is a hair care company exclusively dedicated to the professional salon channel. The deal team at Intrepid Investment Bankers, which included Steve Davis, Adam Abramowitz and Shahriar Attaie, advised DavexLabs.

Caltius Equity Partners has added Justin Benshoof as an associate with the firm. Benshoof was previously an analyst with Norwest Equity Partners where he focused on management buyouts, recapitalizations and growth investments across a range of industries. Caltius Equity Partners is based in Los Angeles and invests in consumer and business services, education, healthcare services and light manufacturing industries.

Blackstone's Tactical Opportunities Fund deploys capital into data driven furniture business.

Acorn Growth Companies and The Edgewater Funds are buying Tods Aerospace & Defence Ltd. of the U.K. Financial terms weren't announced. Tods engineers, designs and makes advanced materials technology for aerospace and naval acoustic structures. Caltius Capital Management and PNC Bank provided debt financing for the transaction. Lincoln International represented the buyer.

The Los Angeles-based firm has tapped Levine Leichtman’s Todd Stemler and CapitalSource’s Gavin Bates to help manage its mezzanine unit’s $500m fourth fund.

The Los Angeles-based firm has closed its third fund, with about 80 percent of capital commitments coming from new LPs.

SeniorBridge, a New York-based provider of homecare services for individuals with chronic conditions, has acquired Madison, Conn.-based Senior Care Consulting. No financial terms were disclosed. SeniorBridge is a portfolio company of Caltius Equity Partners.

Random Ramblings

Random Ramblings