Username Remember Me?
Password
Transactions
Prospect Partners Acquires E.D.N. Aviation

Prospect Partners Acquires E.D.N. Aviation

Velocity Aerospace Group, a portfolio company of Prospect Partners, has acquired E.D.N. Aviation, a provider of aviation repair services.  This acquisition expands Velocity’s repair and overhaul service capabilities into control panel services.  EDN will continue to be led by its current management team. E.D.N. Aviation manufactures, repairs and refurbishes aircraft cockpit panels. The company also…

Balance Point Acquires Johnny on the Spot

Balance Point Acquires Johnny on the Spot

Balance Point Capital Partners has acquired Johnny on the Spot, a provider of portable toilets and related products. Johnny on the Spot (JOTS) is a provider of portable toilets and related products to the special event and construction industries, as well as residential and commercial septic system maintenance, inspections, repairs and installations in New Jersey,…

Great Point Invests in Corrona

Great Point Invests in Corrona

Great Point Partners has made an investment in Corrona, a provider of health care data with a specific emphasis on rheumatoid arthritis. “Great Point demonstrated their potential value to Corrona during our first meeting and stood out from other potential private equity partners,” said James Cavan, President and COO of Corrona. “The team was impressively…

Catterton Exits Van’s Natural Foods

Catterton Exits Van’s Natural Foods

Catterton Partners has signed an agreement to sell its portfolio company Van’s Natural Foods to The Hillshire Brands Company for $165 million.  The transaction is expected to close in May of 2014. “We are proud of the brand and distinctive market positioning that we and the Van’s management team have created over the past few…

American Capital Exits Scientific Protein Laboratories

American Capital Exits Scientific Protein Laboratories

American Capital has sold its portfolio company SPL Acquisition, parent company to Scientific Protein Laboratories , to Shenzhen Hepalink Pharmaceutical Co. Scientific Protein Laboratories (SPL) is a manufacturer and supplier of active pharmaceutical ingredients with a focus on pancreatic enzymes and heparin.  SPL specializes in cGMP (Current Good Manufacturing Practice) biopharmaceutical manufacturing and is one…

RLH Exits Secure Mission Solutions

RLH Exits Secure Mission Solutions

Riordan, Lewis & Haden has sold its portfolio company Secure Mission Solutions, a security consulting firm, to Parsons Corporation. Secure Mission Solutions (SMS) provides security consulting services to agencies of the US government including the Department of Defense, the military health system, the intelligence community, and select civilian agencies.  The company’s services are used to…

News

HKW Closes Fourth Fund Above Target

HKW Closes Fourth Fund Above Target

Hammond, Kennedy, Whitney & Company (HKW) has completed the final closing of limited partner commitments for its latest private equity fund, HKW Capital Partners IV (Fund IV), with $316 million of capital commitments, exceeding its $300 million target. “We appreciate the support from both our existing investor base and from several new institutional investors,” said…

Mansa Gets Greenlight from SBA

Mansa Gets Greenlight from SBA

Mansa Capital Management has received a Green Light letter from the US Small Business Administration (SBA) to continue its application process to obtain a license to form and operate a Small Business Investment Company (SBIC). Green Light letters are issued by the SBA to enable firms to move toward application for licensure of a fund…

Palladium Closes Fund IV Way Above Target

Palladium Closes Fund IV Way Above Target

Palladium Equity Partners has held a final closing of Palladium Equity Partners IV, LP (PEP IV) at $1.14 billion. The new fund exceeded Palladium’s target of$800 million.  As with prior funds, PEP IV will invest in lower-middle market companies – particularly founder-owned enterprises – with a focus on the US Hispanic market. “We are extremely…

Bain Capital Closes on $7.3 Billion

Bain Capital Closes on $7.3 Billion

Bain Capital has held a final closing of its latest fund, Bain Capital Fund XI (Fund 11), with $7.3 billion of capital commitments. The final close is above the original target of $6 billion but less than the hard cap of $7.5 billion.  Bain’s previous fund, Fund X, raised $10.7 billion in 2008. Bain received…

CalSTRS Commits $200 Million through Private Equity Proactive Portfolio

CalSTRS Commits $200 Million through Private Equity Proactive Portfolio

The California State Teachers’ Retirement System (CalSTRS) has committed $200 million through its Private Equity Proactive Portfolio, which reaches small, niche emerging managers including those in under-served domestic markets. This latest commitment expands the program, established in 2003, to $1.9 billion. The program adds a new partner, Chicago-based Muller & Monroe Asset Management (www.m2am.com), with…

Sycamore Moves Quickly to Revamp Jones

Sycamore Moves Quickly to Revamp Jones

Since completing the acquisition of The Jones Group for $2.2 billion last week, Sycamore Partners has moved quickly to reorganize the company into six independent companies. Earlier this week, Sycamore spun out brands Stuart Weitzman and Kurt Geiger as independent companies.   The spin-out of Stuart Weitzman is being made in partnership with the company’s long-time…

New Platform

Balance Point Acquires Johnny on the Spot

Balance Point Capital Partners has acquired Johnny on the Spot, a provider of portable toilets and related products. Johnny on the Spot (JOTS) is a provider of portable toilets and related products to the special…

Great Point Invests in Corrona

Great Point Partners has made an investment in Corrona, a provider of health care data with a specific emphasis on rheumatoid arthritis. “Great Point demonstrated their potential value to Corrona during our first meeting and…

Clearview Acquires Northwest Cosmetic Laboratories

Clearview Capital has acquired Northwest Cosmetic Laboratories (NCL), a formulator and manufacturer of cosmetic and skin care products.  Gary Voigt, Northwest Cosmetic Laboratories’ owner, will remain a significant investor and will be active as a…

Add-on

Prospect Partners Acquires E.D.N. Aviation

Velocity Aerospace Group, a portfolio company of Prospect Partners, has acquired E.D.N. Aviation, a provider of aviation repair services.  This acquisition expands Velocity’s repair and overhaul service capabilities into control panel services.  EDN will continue…

Arsenal Acquires Synchrogenix

Arsenal Capital Partners has acquired Synchrogenix, a provider of regulatory writing services to the pharmaceutical industry.  Upon closing, Synchrogenix was merged into Arsenal’s existing portfolio company Certara, a drug development and drug safety consultancy acquired…

RFE and 24/6 Acquire Precision Components Business

PCX Aerostructures, a new platform company formed by RFE Investment Partners and 24/6 Capital Partners, has acquired the precision components business of SPX Corporation. PCX Aerostructures is a manufacturer of highly engineered, precision, flight critical…

Custom Ecology Acquires B.J. Bear

Custom Ecology, a portfolio company of Kinderhook Industries, has acquired B.J. Bear Grain Co.  B.J. Bear is the fourth acquisition by Kinderhook its Custom Ecology platform. B.J. Bear provides outsourced municipal solid waste hauling services…

Exit

Catterton Exits Van’s Natural Foods

Catterton Partners has signed an agreement to sell its portfolio company Van’s Natural Foods to The Hillshire Brands Company for $165 million.  The transaction is expected to close in May of 2014. “We are proud…

American Capital Exits Scientific Protein Laboratories

American Capital has sold its portfolio company SPL Acquisition, parent company to Scientific Protein Laboratories , to Shenzhen Hepalink Pharmaceutical Co. Scientific Protein Laboratories (SPL) is a manufacturer and supplier of active pharmaceutical ingredients with…

RLH Exits Secure Mission Solutions

Riordan, Lewis & Haden has sold its portfolio company Secure Mission Solutions, a security consulting firm, to Parsons Corporation. Secure Mission Solutions (SMS) provides security consulting services to agencies of the US government including the…

Gen Cap Exits Van Pool Transportation

Gen Cap America has sold its portfolio company Van Pool Transportation to Fort Point Capital.  Gen Cap America acquired Van Pool in October 2008 and realized more than eight times its original investment on the…

Financing

Abacus Finance Backs WestView Buy of Xtend

Abacus Finance was the Administrative Agent and Sole Lead Arranger for $45 million in senior secured credit facilities to support the recapitalization of Xtend Healthcare by WestView Capital Partners. Xtend Healthcare is a national provider…

Behrman Completes $570 Million Recap of Pelican

Behrman Capital has completed a $570 million recapitalization of Pelican Products.  Proceeds from the recapitalization were used to repay existing debt and accrued interest, pay fees and expenses, and pay a cash dividend to the…

TCF Backs Range Light Buy of Freedom Electronics

TCF Capital Funding has provided $12 million of secured financing to support the acquisition of Freedom Electronics by private equity firm Range Light. Freedom Electronics is a rebuilder of electronic gas pumps, point-of-sale terminals and…

ACAS Backs Audax Group Buy of Luminator

American Capital has committed $71 million to support the acquisition of Luminator Technology Group by Audax Group. Since founding in 1986, American Capital has invested approximately $11 billion in over 250 portfolio companies in support…

Search PE News Archive

Browse PE News by Month