GenNx360 Capital Partners related stories
All articles and analysis
GenNx360 sells Appalachian Railcar ServicesGenNx360 Capital Partners has sold Appalachian Railcar Services to Cathcart Rail.
PE-backed ARS appoints chief commercial officerEleanor, West Virginia-based Appalachian Railcar Services LLC, a provider of railcar repair, railcar storage, plant loading and unloading, and short line switching operation, has appointed Michael Obertop as chief commercial officer. Previously, Obertop worked at CaD Railway & Caltrax where he was vice president of sales and business development. ARS is backed by GenNx360 Capital Partners.
- GenNx360 invests in Schneider
GenNx360 Capital Partners has made an investment in Brewerton, New York-based Schneider Packaging Equipment Company Inc, a maker of end-of-line packaging equipment. No financial terms were disclosed. Harvey & Company advised Schneider and GenNx360 on the transaction.
- PE-backed PAG acquires Momentum Services Corporation
Precision Aviation Group Inc, which is backed by GenNx360 Capital Partners, has acquired Momentum Services Corporation, a provider of repair services for LCD flat panel displays. No financial terms were disclosed.
- PE-backed GenServe acquires GenAssist
GenServe, a portfolio company of GenNx360 Capital Partners, has acquired GenAssist, a provider of maintenance and repair services to industrial generators and backup power solutions, as well as equipment sales in New York and New Jersey. No financial terms were disclosed.
- Innophos buys PE-backed Novel Ingredients
Innophos Holdings Inc has acquired Novel Ingredients, a provider of natural ingredient solutions for the supplement industry. The seller was GenNx360 Capital Partners. No financial terms were disclosed.
- Yukon and GenNx360 recaps TTG
Yukon Partners and GenNx360 Capital Partners has recapitalized Fort Laramie, Ohio-based Tooling Technology Group, a provider of tools and related equipment mostly for the automotive sector. No financial terms were disclosed.
- Innophos to buy PE-backed Novel Ingredients
Innophos Holdings Inc has agreed to acquire Novel Ingredients, a portfolio company of GenNx360 Capital Partners, for $125 million. Lazard is serving as financial adviser to Innophos on the transaction. Headquartered in Cranbury, New Jersey, Innophos is a producer of specialty ingredient solutions.
- GenNx360 Capital sells Truck Bodies and Equipment for $270 mln
GenNx360 Capital Partners said May 8 that it has agreed to sell its portfolio company, Truck Bodies and Equipment International, to Federal Signal Corp for $270 million, subject to post-closing adjustment. Truck Bodies, of Hoover, Alabama, makes dump truck bodies and trailers.
- Waud Capital appoints new VP to team
Waud Capital Partners has hired Timothy J. Cremieux as vice president. The appointment becomes effective immediately. Previously, Cremieux worked at GenNx360 Capital Partners where he served as a vice president.