VMG Partners Exits Natural Balance Pet Foods
Del Monte Foods, a portfolio company of KKR, has acquired Natural Balance Pet Foods, a portfolio company of VMG Partners. This transaction marks VMG’s second transaction in the pet food sector. The firm sold Waggin’ Train to Purina, a unit of Nestlé, in 2010. Natural Balance Pet Foods is a maker of super-premium pet food…
Fulcrum Capital Partners Invests in Nilex
Fulcrum Capital Partners has made an investment in Nilex, a construction materials company. Nilex is the seventh investment made by Fulcrum’s fourth private equity fund. Nilex provides construction materials, technologies and services to the civil, resource and environmental industries, which lessen the environmental impact and lower the cost of construction projects. The company’s products are…
Moelis Capital Partners Acquires New Jersey Anesthesia Group
North American Partners in Anesthesia, an anesthesia and perioperative management company and a portfolio company of Moelis Capital Partners, has acquired New Jersey Anesthesia Group. New Jersey Anesthesia Group (NJAG) provides anesthesia services for St. Joseph’s Regional Medical Center, St. Joseph’s Wayne Hospital, Meadowlands Hospital Medical Center, and St. Michael’s Medical Center. In addition, NJAG…
Audax Group Acquires Chesapeake IRB
Audax Group has acquired Chesapeake Research Review, a provider of independent review board services to assure the protection and welfare of human subjects in clinical trials. Chesapeake Research Review is a provider of institutional review board (IRB) services to pharmaceutical, biotech and medical device companies, universities, academic medical centers, and hospital systems. Chesapeake performs independent…
Blue Wolf and Atlas Acquire Twin Rivers Paper
Blue Wolf Capital Partners and Atlas Holdings have reached an agreement to acquire a controlling interest in Twin Rivers Paper Company, a portfolio company of Brookfield Asset Management. Twin Rivers is a specialty paper company that manufactures packaging, label and publishing products, with mill operations in Madawaska, ME and Edmundston, New Brunswick. Twin Rivers also…
Peak Rock Capital Acquires Atlas Paper Mills
Peak Rock Capital has acquired Atlas Paper Mills, a manufacturer of tissue paper products using recycled fiber. “Atlas has a strong competitive position as a supplier of ‘green’ tissue products with long-standing customer relationships,” said Peter Leibman, Managing Director of Peak Rock Capital. “We believe Atlas is an excellent platform for expansion through organic growth…
J.F. Lehman Adds Former Honeywell Executive to Operations Team
J.F. Lehman & Company has added a new operating professional to it team with the hiring of Caroline Bibb as Managing Director, Operations. Ms. Bibb will be involved in all aspects of the firm’s private equity investment program, from due diligence and evaluation of investment opportunities to development and execution of J.F. Lehman’s strategic plan…
Signal Hill Adds Two Operating Pros
Signal Hill Equity Partners has added Mayank Chadha and Sundri Sengupta to its team of professionals. Mr. Chadha and Ms. Sengupta will assist the firm’s portfolio companies in executing operational improvement plans and growth strategies. “We are very excited to have Mayank and Sundri join us. Their unique experience will provide depth to our portfolio…
Stellus Receives SBA “Green Light” Letter
Stellus Capital Investment Corporation has received its “green light” letter from the U.S. Small Business Administration which allows the firm to continue its application process to obtain a license to form and operate a Small Business Investment Company subsidiary. If approved, the license would permit the company to issue SBA-guaranteed debentures. Stellus Capital Investment Corporation…
Signal Hill Adds Office, Hires New Vice President
Signal Hill Equity Partners has opened an office in Calgary, Alberta. Stephen Hughes has been hired by Signal Hill as a Vice President to oversee the new office. “Expanding our presence with a dedicated office in Alberta is an important milestone in our strategic plan,” said James Johnson, Managing Partner of Signal Hill. Mr. Hughes…
Cotton Creek Hires New Associate
Cotton Creek Capital has hired Clayton Milburn as an Associate in the firm’s Austin office. Before joining Cotton Creek, Mr. Milburn was an Associate in the Leveraged Finance Group at ORIX Corporate Capital. At ORIX he was responsible for underwriting and executing middle market debt and equity investments in support of growth financings, recapitalizations, leveraged…
Oppenheimer Staffs Up Investment Bank Team
Oppenheimer & Co. has added two new members to its investment banking team with the hires of David Brown and Robert Cramer. Both Mr. Brown and Mr. Cramer will report to Bruce McCarthy and Marc Thompson, Managing Directors and Co-Heads of Investment Banking. “We are pleased to recruit such high quality professionals to our firm.…
