Tri-Star Industries, Inc.
Genstar Capital, through its portfolio company, MW Industries, Inc., has completed the acquisition of Tri-Star Industries, Inc. Based in Berlin, CT, Tri-Star is an industry leading manufacturer of a complete line of standard and custom designed threaded inserts and compression limiters in brass, steel, aluminum and stainless steel for plastic applications.
Consolidated Services Group
Excellere Partners has completed an investment in Consolidated Services Group. Lansdale, PA based Consolidated Services Group is a technology-driven, clinically-based medical claims management provider to auto insurance carriers, regional administrators for workers’ compensation and group health insurers. CSG’s existing management will continue to run the company and maintained a significant equity position in the ongoing business.
Gemini Electronic Components, Inc.
Stonebridge Partners, through its portfolio company, American Distributors, has completed the acquisition of Gemini Electronic Components, Inc. Based in Valhalla, NY, Gemini is a value-added supply chain partner and distributor of mil-spec connectors and other electronic components sold primarily to OEMs and contract manufacturers doing contract assembly for military OEMs. The Company is an authorized supplier to Boeing, Raytheon, Lockheed Martin and BAE Systems, among others.
Ellis Paint Company
Axalta Coating Systems (NYSE: AXTA), has completed the acquisition of Ellis Paint Company. Los Angeles, CA based Ellis is a manufacturer of a wide variety of industrial paints and coatings.
RVA Robinson Aviation, Inc.
Alta Equity Partners, in partnership with management, has completed the recapitalization of RVA Robinson Aviation, Inc. Oklahoma City, OK based Robinson is a leading aviation services company that specializes in air traffic control operations, communications, navigation and landing system engineering, installation & maintenance.
Adhere Industrial Tapes Ltd.
RPM International Inc. (NYSE: RPM) has completed the acquisition of Adhere Industrial Tapes Ltd. to be part of its tremco illbruck business group. Colchester, United Kingdom based Adhere manufactures a wide variety of single and double-sided foam tapes used in construction and industrial applications. RPM owns subsidiaries that are world leaders in specialty coatings, sealants, building materials and related services.
New Braunfels Dermatology Practice
Westwind Investors, through its portfolio company, DermOne, has completed the acquisition of New Braunfels, Texas based Dr. John Tieman’s board certified dermatology practice. DermOne is a leading provider of comprehensive dermatology services through a fast growing network of neighborhood skin care centers in four states. Dr. Tieman remains active in the practice as a DermOne provider.
STI International, Inc.
Westwind Investors has completed an investment in employee-owned STI International, Inc. Georgetown, Texas based STI is the premier manufacturer of 1911 and 2011 style firearms. STI is dedicated to providing the highest quality custom handcrafted firearms for competition, duty and self-defense use. STI’s products offer unrivaled quality, performance and accuracy. With this investment, STI will expand its manufacturing footprint as well as increase capacity and capabilities. STI’s existing management will continue to run the company.
Lineage Capital has completed the recapitalization of SIGCO, Inc. Westbrook, Maine based SIGCO is a leading integrated architectural glass and aluminum fabricator in North American and the preeminent provider in New England. SIGCO offers a broad selection of custom fabricated glass and metal products tocontract glaziers, glass retailers, and select residential and commercial window manufacturers for both residential and commercial applications. SIGCO’s existing management will continue to run the company and maintained a significant equity position in the ongoing business.
Sea Link International, Inc.
New Water Capital completed the recapitalization of Sea Link International, Inc. Largo, Florida based Sea Link International is a leading provider of design support and manufacturer of high-precision automotive lighting components servicing global Tier 1 and OEM customers. Sea Link’s products address the increasingly complex optical pattern, thermal dissipation, structural support, and weight reduction needs of the major automotive companies currently undergoing an industry transition to LED headlamps. Sea Link’s existing management will continue to run the company and maintained a significant equity position in the ongoing business.
Cliplight Manufacturing Company
The Jordan Company, through its portfolio company, DiversiTech Corporation, acquired Cliplight Manufacturing Company. Based in Toronto, Ontario, Canada, Cliplight manufactures HVCAR sealants, work lights and battery charger products. DiversiTech is North America’s leading manufacturer and distributor of HVACR products for the repair, replacement and installation markets. The acquisition of Cliplight brings Super Seal™ and numerous other AC/R sealant brands, in addition to work lights, leak-detection inspection lights, air ozone machines, A/C tools, and battery charger products. Cliplight also brings expanded warehousing and R&D capabilities to DiversiTech.
New State Capital Partners has completed the acquisition of NWN Corporation. Waltham, Massachusetts based NWN provides clients with a complete range of information systems services and solutions via over 550 employees in 12 offices in the US. NWN’s services include unified communications services, data centers, networking, security, end user computing, applications and data services, professional services, IT staffing services, and managed services. New State and NWN’s management team will jointly drive NWN’s growth plan to build on the company’s track record of success in a broad range of IT solutions including cloud and managed services. NWN’s existing management maintained a significant equity position in the ongoing business and will continue to run the company.
Barr Air Patrol, LLC
24/6 Capital Partners and Castle Crow Capital have completed the recapitalization of Barr Air Patrol, LLC. Founded in 1940 and based in Mesquite, Texas, Barr is the premier, nationwide provider of aerial pipeline patrol and video services for the oil, gas and petrochemical industries. Barr maintains the highest safety standards in the industry while providing customers with high quality aerial inspections required by the Department of Transportation. Barr’s prior owner and current management team are investors in the business.
William Beckett Plastics Ltd.
MOCAP LLC has acquired William Beckett Plastics Ltd. Based in Sheffield, England, William Beckett Plastics is one of the world's leading manufacturers of specialized plastic packaging for the world's cutting tool industry. MOCAP is a leading manufacturer of quality plastic and rubber caps, plugs and grips, as well as extruded clear plastic packaging tubes and closures. In addition to the main manufacturing facility in the US, MOCAP also has manufacturing locations in Telford, England and in Zhongshan, China. This combination has enabled MOCAP to broaden its product line and take advantage of operational synergies.
Trivest Partners has completed the acquisition of Columbus Recycling. Columbus, Mississippi based Columbus is a fast growing provider of ferrous and non-ferrous metal recycling services. With five locations in Mississippi and Tennessee, Columbus delivers value added logistics management, materials sorting, cutting, bailing and sourcing services to its multi-billion dollar foundry and steel processing facility customers. Columbus’ existing management will continue run the company and maintained a significant equity position in the ongoing business.
Premier Safety & Service, Inc.
Jordan Zalaznick Advisors, through its portfolio company, Argus-Hazco, has completed the acquisition of Premier Safety & Service. Based in Oakdale, Pennsylvania, Premier is an industrial safety products distributor serving Pennsylvania, Ohio, West Virginia, Kentucky, New York, and Indiana. Premier has three locations servicing companies in the construction, utility, manufacturing, and the fire service industries. Premier’s existing management will continue to run the business.
RESA Power Solutions has completed the acquisition of DYMAX Service/High Voltage Service. Based in St. Paul, Minnesota, DYMAX is a NETA accredited company specializing in low, medium, and high voltage electrical testing, repair services, and engineering. With five locations spanning Ohio, Michigan and Minnesota, DYMAX delivers electrical power solutions to thousands of customers in industrial, commercial and utility segments throughout the United States. The acquisition of DYMAX expands the geographic coverage of RESA Power Solutions into the Upper Midwest, adds NETA testing capabilities and further expands its service offering for utilities and industrial end users.
Agel Enterprises, LLC
CVSL, Inc. has completed the acquisition of Agel Enterprises. Publicly traded CVSL is pursuing a strategy of acquiring multiple companies in the direct selling and micro-enterprise sectors. Agel is a global direct seller of a line of nutritional products and skin care products sold under the brand name Ageless™. Agel products are sold in 40 countries around the world and will maintain its current leadership and identity.
Switchgear Unlimited, Inc.
RESA Power Solutions has completed the acquisition of Switchgear Unlimited. Based in Plant City, Florida, Switchgear Unlimited is a reconditioner and distributor of switchgear, circuit breakers and other power distribution and circuit protection equipment. Switchgear Unlimited has been serving the industrial electrical power utilization and generation industries for over 25 years with a commitment to quality and customer service. RESA Power Solutions is the market leader in recycled, reconditioned and remanufactured power distribution and circuit protection equipment. From Low Voltage Molded Case Circuit Breakers to Medium and High Voltage Breakers and Switchgear, RESA supports and services all current and obsolete electrical equipment.
Vonco Products, Inc.
Jacsten Holdings completed the acquisition of Vonco Products, Inc. Based in Lake Villa, Illinois, Vonco is an innovative manufacturer of flexible packaging and promotional products. Vonco enhances their value proposition and speed to market by designing, building and manufacturing their own tooling and machinery. Vonco's existing management will continue to run the company.
Lead Screws International
Audax Group, through its portfolio company, A&A Manufacturing Company, Inc., acquired Lead Screws International. Based in Traverse City, Michigan, LSI designs, manufactures and repairs precision ground screws, rolled thread ballscrew assemblies, acme screws and nut assemblies. A&A is a diversified manufacturer of protective cover products, cable and hose carriers, roll up doors, machinery door openers, slip clutches and innovative engineered assemblies for value added solutions. The acquisition of LSI expands A&A's manufacturing capabilities and product applications.
The Saxton Group
Long Point Capital and Capital Spring provided financing to support the employee acquisition of The Saxton Group via an ESOP. Based in Dallas, Texas, The Saxton Group is the largest McAlister’s Deli franchisee in the nation. In 2009, The Saxton Group became the first Pinkberry franchisee outside of California and New York to own and operate McAlister's locations across Texas, Oklahoma, Missouri, and Kansas as well as Pinkberry locations in the Dallas Fort Worth area. Saxton’s existing management maintained a significant equity position in the ongoing business and will continue to run the company.
Tri-Tec Seal, Inc.
Edgewater Capital Partners completed the acquisition of a controlling interest in Tri-Tec Seal. Tri-Tec, based in Swartz Creek, Michigan, is a designer and manufacturer of rotary shaft seals for end-markets including the mining, industrial, agricultural, oil and gas, and chemical industries. Tri-Tec's existing management will continue to run the company and maintained a significant equity position in the ongoing business.
Flint Hydrostatics, Inc.
Stonebridge Partners, through its portfolio company, Hydraulex Global, acquired Flint Hydrostatics, Inc. Flint, based in Memphis, Tennessee, is a leading supplier of remanufactured hydrostatic pumps and motor parts and units for excavator and mobile support equipment. Flint remanufactures, manufactures, repairs and distributes hydrostatic pumps and motor parts and units to over 60 countries around the globe. Hydraulex is North America's leading remanufacturer and distributor of all major makes and brands of quality Hydraulic Pumps, Motors, Valves/Servo and Cylinders for a vast variety of Industrial, Mobile, Mining and Oil-field applications.
Ro-Lab American Rubber Co., Inc.
Audax Group, through its portfolio company, A&A Manufacturing Company, Inc., acquired Ro-Lab American Rubber Co., Inc. Ro-Lab, based in Tracy, California, is a leading custom mixing and molding manufacturer specializing in engineered polyurethane and rubber based products sold into a variety of end markets and applications. A&A is a diversified manufacturer of protective cover products, cable and hose carriers, roll up doors, machinery door openers, slip clutches and innovative engineered assemblies for value added solutions. The acquisition of Ro-Lab expands A&A's manufacturing capabilities and product applications.
Safety Infrastructure Solutions
Stonebridge Partners completed the recapitalization of Safety Infrastructure Solutions. SIS is one of the largest and fastest growing independent providers of trench safety solutions for underground maintenance and construction activities in the United States. The company also provides complementary traffic control equipment and other services needed to support its customers' comprehensive trench safety demands. The Company serves a wide range of infrastructure, maintenance and expansion activities across a diverse set of non-residential construction markets, including utilities, refinery/petrochemical, airports and highway road construction. SIS's existing management will continue to run the company and maintained a significant equity position in the ongoing business.
Heritage Food Service Equipment, Inc.
The Jordan Company completed the acquisition of Heritage Food Service Equipment, Inc. Based in Fort Wayne, Indiana, Heritage is the largest independent distributor of replacement parts for commercial kitchen equipment manufacturers in North America. Heritage’s existing management will continue to run the company and maintained a significant equity position in the ongoing business.
Fulham & Company completed the acquisition of Shed, Inc. through its portfolio company, Long Trail Brewing Company. Based in Stowe, Vermont, Shed, Inc. is a regional microbrewer of Shed Mountain Ale and a variety of other microbrews. Long Trail will continue to produce the Shed brands from a relocated facility under Long Trail management.
TPG completed a transaction with Hartsville, South Carolina based Hilex Poly. Hilex is the nation's largest manufacturer of plastic shopping bags, produce bags and related bags and films. The company has 10 manufacturing facilities across the U.S, producing over 35 billion bags annually for customers including Wal-Mart, Kroger, Publix, K-Mart, Foot Locker and Dollar General. Hilex operates the only closed-loop bag recycling operation in the U.S. and has the ability to take previously used bags, process them, blend them with virgin resin, and make new bags with a significantly higher percentage of post-consumer content than its competitors.