Genstar has acquired Sonny’s Enterprises, a manufacturer of car wash equipment and supplies, from Sentinel Capital Partners. Sonny’s is the largest manufacturer and distributor of conveyorized car wash equipment, parts and supplies in the world
Private equity giant Advent International has agreed an investment in consumer delivery business Hermes UK.
The China Securities Regulatory Commission has published new rules for issuers of ‘company bonds’, offering a clearer timeline on the registration process. It also scrapped a credit rating requirement and lowered the bar for retail
Eric Melloul, the managing director of Belgian investment group Verlinvest, said he would like to make up to three more deals by the end of 2020
Singapore-based special purpose acquisition company (Spac) Aspirational Consumer Lifestyle Corp is looking to raise $225m from a listing on the New York Stock Exchange.
TruFood Manufacturing, a portfolio company of AUA Private Equity since June 2019, has acquired Simply Natural Foods. Simply Natural is a co-manufacturer of confection products including sugarfree, organic, and kosher functional bars (products that include
Mezzanine capital provider EMZ Partners has invested in Germany-based spice retailer Ankerkraut, acquiring a minority stake.
The firm blamed a number of assets operating in “secularly challenged industries”, such as retail, for the negative performance
Turnspire Capital Partners has agreed to acquire the Goodyear Air Springs business from publicly traded EnPro Industries. Goodyear air springs are used by original equipment manufacturers and fleet operators for trucks, trailers, buses, and specialty
Gen Cap America has acquired TFM Services, a provider of facilities maintenance services, from Thrash, Inc. The buy of TFM is the eleventh platform for Gen Cap’s fourth fund. TFM provides janitorial and floor maintenance
Madison Dearborn Partners has partnered with Caisse de dépôt et placement du Québec (CDPQ) to acquire publicly traded IPL Plastics at an enterprise value of $736 million. IPL Plastics (TSX: IPLP) is a maker of
Clayton, Dubilier & Rice has made an investment in Cheney Brothers, a family-owned and operated regional food distributor. In partnership with CD&R, the Cheney family remain majority owners of the company, while Byron Russell, grandson
Thompson Street Capital Partners (TSCP) has sold Analytical Lab Group to Element Materials Technology, a portfolio company of Bridgepoint Capital. Analytical Lab Group (ALG) provides FDA- and EPA-focused microbiology testing services to the healthcare, drug,
Tenex Capital Management has acquired and merged sister companies Consolidated Label and Online Labels (together “Consolidated”) in partnership with their founders, Joel and Dave Carmany. Consolidated is a provider of printed pressure sensitive, shrink sleeve,
Posted by Brian T. Daly and Marc E. Elovitz, Schulte Roth & Zabel LLP, on Monday, July 27, 2020 Editor's Note: Brian T. Daly and Marc E. Elovitz are partners at Schulte Roth & Zabel
UK-based banking app Revolut has raised $80m in a series-D extension from private equity firm TSG Consumer Partners, Unquote understands.
KPS Capital Partners has agreed to acquire AM General, a military vehicle and contract automotive manufacturer, from MacAndrews & Forbes, an investment firm controlled by Ronald Perelman. AM General manufactures specialized vehicles for military and
