Username Remember Me?
Password
Transactions
Azalea Invests in Jones Natural Chews

Azalea Invests in Jones Natural Chews

Azalea Capital has made an investment in Jones Natural Chews (JNC), a maker of all-natural dog treats and chews. The company’s products are 100% natural and 100% manufactured in the US, a distinction – according to the company – held exclusively by JNC. Jones Natural Chews sells its products through pet, farm, hardware, and other retail stores nationally.…

Warburg  Sells ACAMS to DeVry

Warburg  Sells ACAMS to DeVry

Warburg Pincus has agreed to sell the Association of Certified Anti-Money Laundering Specialists to Becker Professional Education, a subsidiary of DeVry Education Group, for $330 million. DeVry expects the company to generate fiscal 2017 revenues of approximately $40 million and will fund the purchase price through a combination of cash on hand and senior debt.…

The Sterling Group Adds to Safe Fleet

The Sterling Group Adds to Safe Fleet

Safe Fleet, a portfolio company of The Sterling Group, has acquired Rear View Safety, a provider of back up camera systems and other video-based road safety products. Rear View Safety’s products are sold to the commercial fleet and government fleet sectors and are utilized in recreational vehicles, trucks, trailers, commercial vans, construction, emergency, bus and…

ACAS Sells The Meadows to Kohlberg

ACAS Sells The Meadows to Kohlberg

American Capital (ACAS) has sold its portfolio company MW Acquisition Corporation (The Meadows) to Alita Care, a portfolio company of Kohlberg & Company, for $97 million. Alita Care is a new platform formed by Kohlberg & Company to serve as the parent holding company for The Meadows and Kohlberg’s existing portfolio company, Sunspire Health. The…

Sun Re-Enters Convenience Store Sector

Sun Re-Enters Convenience Store Sector

Sun Capital Partners has acquired Admiral Petroleum Company and Lemmen Oil Company (Admiral), a convenience store operator based in the Midwest. The operations of Admiral include 130 Admiral-branded gas and convenience stores and nine Lemmen-branded gas and convenience stores located in Michigan and Indiana. The company has approximately 1,400 employees and has been owned and…

AEI Acquires AC&A

AEI Acquires AC&A

AE Industrial Partners (AEI) has acquired AC&A, a maker specialty parts and tooling used in the aerospace industry. AC&A is a provider of composite/metallic parts and tooling used in the space, aerospace, unmanned aerial vehicle, defense, industrial, and specialty automobile markets. The company was founded in 2004 and is based in Lake Forest, CA (www.acamfg.com).…

News

Babson Backs ABRY Buy of SambaSafety

Babson Backs ABRY Buy of SambaSafety

Babson Capital Management was the joint lead arranger and bookrunner on a senior secured credit facility to support ABRY Partners’ recent acquisition of Safety Holdings (DBA SambaSafety), a provider of cloud-based data services on unsafe driving behavior. SambaSafety was owned by Cerca Group and Ticonderoga Private Equity which acquired the company in November 2011. SambaSafety…

New Name and Expanded Mission for PEGCC

New Name and Expanded Mission for PEGCC

The Private Equity Growth Capital Council (PEGCC) has been re-named the American Investment Council (AIC). Along with the name change the AIC is expanding its mission to “advance access to capital, job creation, retirement security, innovation, and economic growth in the United States by promoting responsible long-term investment.” “This is a major step forward for…

Ares to Buy American Capital

Ares to Buy American Capital

Ares Capital has agreed to acquire American Capital in a cash and stock transaction valued at $3.4 billion. On a combined pro forma basis the companies would have more than $13 billion of investments at fair value as of March 31, 2016. The boards of both companies have unanimously approved the transaction. American Capital (NASDAQ:…

NXT Capital Backs Freeman Spogli

NXT Capital Backs Freeman Spogli

NXT Capital has provided additional financing to support the add-on acquisition by Regent Holding Company of Illume, a designer, manufacturer, and marketer of branded and private label home fragrances. Regent has been a portfolio company of Freeman Spogli since October 2015. NXT provided the original senior secured credit facility to back Freeman Spogli’s acquisition of…

Blue Ridge Names New Managing Director of Analytics

Blue Ridge Names New Managing Director of Analytics

Blue Ridge Partners, a management consulting firm that advises on revenue growth, has named Marten Leijon as Managing Director of Analytics. Mr. Leijon is based in the firm’s McLean, VA headquarters. Blue Ridge Partners is a management consulting firm that helps companies improve the performance of their revenue function in order to create shareholder value.…

Oxer Closes SBIC Fund

Oxer Closes SBIC Fund

Oxer Capital has launched Oxer BCP Mezzanine Fund, LP, a Small Business Investment Company (SBIC) to invest in lower middle-market businesses. Oxer invests from $2 million to $10 million in subordinated debt and equity in Midwest-based companies that have annual revenues from $10 million to $100 million. “Many successful private companies of this size lack…

New Platform

Azalea Invests in Jones Natural Chews

Azalea Capital has made an investment in Jones Natural Chews (JNC), a maker of all-natural dog treats and chews. The company’s products are 100% natural and 100% manufactured in the US, a distinction – according to the…

Sun Re-Enters Convenience Store Sector

Sun Capital Partners has acquired Admiral Petroleum Company and Lemmen Oil Company (Admiral), a convenience store operator based in the Midwest. The operations of Admiral include 130 Admiral-branded gas and convenience stores and nine Lemmen-branded…

AEI Acquires AC&A

AE Industrial Partners (AEI) has acquired AC&A, a maker specialty parts and tooling used in the aerospace industry. AC&A is a provider of composite/metallic parts and tooling used in the space, aerospace, unmanned aerial vehicle,…

Add-on

The Sterling Group Adds to Safe Fleet

Safe Fleet, a portfolio company of The Sterling Group, has acquired Rear View Safety, a provider of back up camera systems and other video-based road safety products. Rear View Safety’s products are sold to the…

Saugatuck Builds Up APCT

APCT, a manufacturer of multilayer printed circuit boards and a portfolio company of Saugatuck Capital, has acquired the stock of Tech Circuits and its sister company Source Technologies. APCT has been a portfolio company of…

Industrial Growth Partners Adds On

Grakon, a maker of custom lighting and electronics products for OEM vehicle manufacturers, has acquired the business and assets of Hamsar Diversco.  Grakon has been a portfolio company of Industrial Growth Partners since October 2014.…

Francisco Partners Acquires Ajax

Ichor Systems, a portfolio company of Francisco Partners, has acquired Ajax-United Patterns and Molds (DBA Ajax Custom Manufacturing). Ajax specializes in the manufacturing and assembly of plastic and metal products for the medical/biomedical, semiconductor, data…

Exit

Warburg  Sells ACAMS to DeVry

Warburg Pincus has agreed to sell the Association of Certified Anti-Money Laundering Specialists to Becker Professional Education, a subsidiary of DeVry Education Group, for $330 million. DeVry expects the company to generate fiscal 2017 revenues…

ACAS Sells The Meadows to Kohlberg

American Capital (ACAS) has sold its portfolio company MW Acquisition Corporation (The Meadows) to Alita Care, a portfolio company of Kohlberg & Company, for $97 million. Alita Care is a new platform formed by Kohlberg…

Court Square to Sell Wyle

Publicly-traded KBR, Inc. has entered into an agreement to acquire Wyle, a portfolio company of Court Square Capital Partners, for $570 million in cash. Court Square acquired Wyle in June 2009 from Littlejohn & Co.…

Brynwood to Sell High Ridge to CD&R

Brynwood Partners has signed an agreement to sell High Ridge Brands to Clayton, Dubilier & Rice for $415 million.  This sale is the largest realization in Brynwood’s 32-year history. The transaction is expected to close…

Financing

Babson Backs ABRY Buy of SambaSafety

Babson Capital Management was the joint lead arranger and bookrunner on a senior secured credit facility to support ABRY Partners’ recent acquisition of Safety Holdings (DBA SambaSafety), a provider of cloud-based data services on unsafe…

Ares to Buy American Capital

Ares Capital has agreed to acquire American Capital in a cash and stock transaction valued at $3.4 billion. On a combined pro forma basis the companies would have more than $13 billion of investments at…

NXT Capital Backs Freeman Spogli

NXT Capital has provided additional financing to support the add-on acquisition by Regent Holding Company of Illume, a designer, manufacturer, and marketer of branded and private label home fragrances. Regent has been a portfolio company…

Antares Backs ABRY Buy of SambaSafety

Antares Capital was the administrative agent, lead arranger and bookrunner on a senior secured credit facility to support the acquisition last month of Safety Holdings (DBA SambaSafety) by ABRY Partners. The selling shareholders of SambaSafety…

Search PE News Archive