Fundamental Capital Acquires Funko
Fundamental Capital has acquired Funko, a designer and marketer of licensed collectible products such as vinyl figures, bobble-heads and plush characters. “Over the last several years, CEO Brian Mariotti and the entire Funko team have built an exceptional business in the space where collectibles and pop culture meet. We are honored and excited to partner…
Breakwater Invests in Consensus
Breakwater Investment Management has provided a $7.75 million unitranche facility to Consensus Orthopedics, a manufacturer of hip and knee implants. Breakwater first invested in the company in February 2010. The new facility, consisting of both a revolving working capital line of credit and a term loan, will be used to refinance the company’s existing bank…
Incline Equity Partners Exits Portec Group
Portec Group International, a manufacturer of conveyor belt turns and spirals and a portfolio company of Incline Equity Partners, has been sold to The Interroll Group. Incline Equity Partners (previously PNC Equity Partners) acquired Portec from Code Hennessy & Simmons in March 2005. Portec Group International is a manufacturer of power belted turn and spiral…
Austin Ventures Acquires Morgan City Rentals
Delta Rigging & Tools, a provider of lifting and rigging products and a portfolio company of Austin Ventures, has acquired Morgan City Rentals, a provider of offshore rental equipment and rigging supplies. Morgan City Rentals provides a range of offshore rental equipment, wire rope, rigging hardware and supplies, sling fabrication and compliance load testing to…
JLL Partners Has Partial Exit of PGT Industries
JLL Partners has sold 19.4 million shares of PGT Industries under a secondary offering and a share repurchase program of PGT Industries. JLL initially invested in PGT in 2004 and remains its largest shareholder with 28% ownership. The sale of the PGT shares provided JLL Partners Fund IV, LP, with $143 million of total proceeds.…
KT Capital and CapitalSouth Acquire CableOrganizer.com
KT Capital Partners and CapitalSouth Partners have acquired CableOrganizer.com, an online retailer of electrical and telecom products. Simultaneous with the closing of the transaction, the company announced that Gerald Quindlen would become CEO of CableOrganizer.com. Mr. Quindlen was previously the president and CEO of Logitech. Both company co-founders, Valerie and Paul Holstein, former CEO and…
Mesirow Financial Advises H.I.G. Portfolio Company on Latest Add-On
Mesirow Financial acted as the exclusive financial advisor to SeaStar Solutions, a portfolio company of H.I.G. Capital, in its recent acquisition of INCA Molded Products. INCA Molded Products is a manufacturer of rotationally molded plastic products including fuel tanks and other products for the marine industry. The company was founded in 1979 and is based…
Indiana Public Retirement System Selects The Carlyle Group and AlpInvest
The Carlyle Group and AlpInvest Partners have been selected by the Indiana Public Retirement System (INPRS) to manage an existing $155 million fund, Indiana Investment Fund I, a 2006-vintage vehicle that was previously managed by Credit Suisse. “We are pleased to deepen our relationship with INPRS by managing this legacy portfolio. Our mandate is to…
ORIX Backs Impact Facility Services
ORIX Leveraged Finance has provided a unitranche debt facility to Impact Facility Services, a portfolio company of Caltius Equity Partners which acquired the company in January 2012. ORIX is also a co-investor in the company. Proceeds will be used to expand current operations and provide liquidity for the company’s expected growth. ORIX Leveraged Finance served…
Anadarko Petroleum CEO Joins Riverstone
James Hackett has joined Riverstone Holdings as a Partner and will co-head its Houston office. From 2003 to 2012, Mr. Hackett was Chief Executive Officer of Anadarko Petroleum Company where he served as Chairman of the Board of Directors from 2006 to 2013. Mr. Hackett stepped down from Anadarko this month as part of a…
Centerview Adds Two New Partners to Media Team
Alex Glantz and Todd Davison have joined Centerview as new partners. Mr. Glantz and Mr. Davison were most recently Co-Heads of North American Media at Morgan Stanley and have advised on over $285 billion of transactions. The two new partners will co-head Centerview’s media group and will be based in New York. “Todd and Alex…
Harris Williams Continues International Expansion
Harris Williams & Co. has opened a new office in Germany as part of the firm’s continued international expansion. This is the firm’s second European office opened in the past three years and follows the opening of a London office in December 2009. “While many other firms are scaling back, we believe now is the…
