Stellex Capital Management related stories
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Stellex acquires Komatsu's U.S. and Australia-based conveying business unitsStellex Capital Management has acquired Komatsu's U.S. and Australia-based conveying business units.
Stellex closes second fundThe New York-based mid-market investor reached the hard-cap for its sophomore fund.
- Stellex Capital sells Morbark to Alamo Group
Stellex Capital Management has sold Morbark LLC, a maker of high-performance equipment and aftermarket parts for forestry, tree maintenance, biomass, land management and recycling markets, to Alamo Group Inc. The deal values Morbark at about US$352 million. Baird served as financial adviser and DLA Piper was legal counsel to Stellex and Morbark on the transaction. Based in Winn, Michigan, Morbark has subsidiary operations in Wooster, Ohio and Roxton Falls, Québec.
- Carlyle and Stellex acquire Vigor and MHI
The Carlyle Group and Stellex Capital Management have acquired Vigor Industrial LLC and MHI Holdings LLC. No financial terms were disclosed. Also, Carlyle and Stellex have named Jim Marcotuli as CEO of the newly combined company. Vigor is a diversified industrial business while MHI consists of three major providers serving the U.S. Navy, military sealift command, maritime administration and commercial ship owners and operators worldwide.
- Stellex to sell Morbark to Alamo Group
Stellex Capital Management has agreed to sell Morbark LLC, a maker of high-performance equipment and aftermarket parts for forestry, tree maintenance, biomass, land management and recycling markets, to Alamo Group Inc. The purchase price is US$352 million. Morbark is based in Winn, Michigan with subsidiary operations in Wooster, Ohio and Roxton Falls, Québec.
10 new firms making waves in 2017From Sydney to Boston, a slew of firms emerged this year and raised capital from limited partners betting that getting in early can pay out big.
- Stellex Capital Management raises $870m
View the latest capital raises
- Ex-Carlyle heads raise $870m for debut fund
Stellex Capital Management has held a final close on the vehicle above target after two years of fundraising.
- Stellex wraps up debut fund at $870 mln
New York and London-based Stellex Capital Management, a middle-market private equity firm, has closed its maiden fund at $870 million, beating its $750 million target. Stellex primarily focuses on manufacturing and service businesses. Its target investment size is $25 million to $100 million.
- Stellex raises $870m(1)
US-based private equity firm closes debut fund above target.