Cotton Creek Capital has acquired ConeCraft, a maker of equipment used in the pharmaceutical and biopharmaceutical industries. ConeCraft specializes in manufacturing stainless steel bins, mixers, bioreactors, and tube management systems that are used for research
New Mountain Capital has sold Gelest to Mitsubishi Chemical America, the U.S. subsidiary of Mitsubishi Chemical. Gelest is a maker of specialized organo-silicon compounds, metal-organic compounds, and silicone materials that are used in both commercial
LPs could start to feel the weight of the co-investment boom as portfolios bear the strain of Covid-19. But could it be an opportunity for others to up their game and deploy into opportunities arising
Berlin-based GP PrecapitalPartners is to acquire Germany-based bakery chain Dat Backhus, following its insolvency proceedings, which began in April 2020.
SK Capital has formed NuCera Solutions to acquire the specialty polymers business of Baker Hughes. NuCera produces specialty olefin polymers and high melting point polyethylene waxes that are used in adhesives, candles, coatings, imaging, personal
Snow Phipps has acquired Prototek, a provider of rapid prototyping services, from CORE Industrial Partners. Prototek’s capabilities include CNC machining, powder coating, chromating, anodizing, silk screening, and assembly. The company can prototype parts from a
Castle Harlan has sold Colyar Technology Solutions to EMS LINQ, a portfolio company of Banneker Partners. Colyar specializes in the design, development, and implementation of child nutrition, food distribution, and compliance management software. The company
This month in Unquote: LPs could start to feel the weight of the co-investment boom as portfolios bear the strain of Covid-19. But could it be an opportunity for others to up their game and
Tree Line Capital Partners and CVC Credit Partners have provided an increase to their existing credit facility to Ingenio, a portfolio company of Alpine Investors. With the new increase, used to support an add-on acquisition
H.I.G. Capital has held an above-target close of H.I.G. Capital Partners VI LP with aggregate capital commitments of $1.3 billion. Like its five prior funds, Fund VI will invest in lower middle-market companies, primarily in
Pamlico Capital has acquired ISAAC Instruments in partnership with the company’s founders. ISAAC Instruments designs and manufactures automated telemetry and video equipment that is used by truck fleets to monitor both drivers and trucks to
Blue Sage Capital has held a final, oversubscribed, and above target closing of its third fund, Blue Sage Capital III LP, with capital of $300 million. Blue Sage’s earlier fund closed in December 2012 with
The private equity-backed aerospace services provider so far has weathered the coronavirus pandemic well, thanks partly to contracts with the Department of Defense and other US agencies
The Pod discusses our upcoming LP/GP conference, Allocate. Katharine Hidalgo speaks to Sam Kay, head of investment funds at Travers Smith, as well as Olivia Cummins, our conference producer
Open banking company TrueLayer has added another $25m to its coffers by tapping its existing investors for another cash injection.
Uruguay-based dLocal, which helps international companies process payments in emerging markets, raised $200m in a growth-equity financing round led by General Atlantic
Affirm, a buy-now-pay-later tech startup, has closed its Series G round on $500m.
Private equity placement agent Rede Partners has brought in hugely experienced industry advisor Eric Ellul as its first chairman alongside two new senior hires.
San Francisco Equity Partners (SFEP) has made a $20 million investment in BrüMate, a direct-to-consumer seller of insulated drinkware. BrüMate’s patented products include wine tumblers, wine canteens, can and bottle coolers, barware, and coolers. The
