NewRoad Capital Partners Announces the Final Close of NewRoad Fund III, L.P., a Lower Middle Market Growth Equity and Growth Buyout Fund Focused on the U.S. Supply Chain & Logistics and Retail & Consumer Packaged Goods Sectors
The firm acquired Dutch food chemicals company CSM Ingredients from Rhône Capital-backed CSM Bakery Solutions for an undisclosed sum
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
Kohlberg & Company has agreed to acquire a majority interest in Parts Authority, a distributor of automotive aftermarket parts, from The Jordan Company. Parts Authority (PA) is a distributor of nearly 500,000 SKUs of automotive
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
Investindustrial has carved out CSM Ingredients from Rhône Capital-backed CSM Bakery Solutions.
Apax Partners has sold fire protection products manufacturer SK FireSafety Group to API Group.
The new strategy will focus on Italian mid-market companies with Chinese development opportunities
French waterfproofing business SMAC Group, backed by US private equity firm OpenGate, has sold its French subsidiary Axter to IKO Industries, a Belgian manufacturer of residential and commercial roofing products and insulation.
Private equity firm Investindustrial, alongside China's sovereign wealth fund China Investment Corporation (CIC) and Italian lender Unicredit, has launched China-Italy Industrial Cooperation Fund (CIICF), a €600m vehicle investing in Italian mid-market companies.
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
Swedish firm Einride, a manufacturer of autonomous shipping vehicles, has raised $10m from Norrsken VC, EQT Ventures, NordicNinja VC and Ericsson Ventures.
Aksia-backed drug manufacturer COC Farmaceutici has acquired Tubilux Pharma, an Italian pharmaceutical company specialising in ophthalmology.
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
KKR has released a new report titled “The New Normal” which explores the long-term implications of COVID-19 on cities and consumer trends. “Following a decade of relative prosperity, overlapping calamities in 2020 have brought economic
Windjammer Capital has agreed to sell Advanced Instruments to Patricia Industries, a subsidiary of industrial holding company Investor AB, at an enterprise value of $780 million. Windjammer acquired Advanced Instruments from its founding family 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
Wellborn Forest, a portfolio company of HCI Equity Partners, has acquired De Pere Cabinet. Wellborn Forest was acquired by HCI in November 2018. Wellborn Forest is a designer and manufacturer of semi-custom wood kitchen and
