LLCP portfolio company Trinity Consultants acquires SESPE Consulting
Trinity Consultants (Trinity), a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired SESPE Consulting (SESPE), a California-based provider of environmental compliance and permitting services including air quality, stormwater and water quality, and land use planning, to clients across a diverse set of industries. Trinity is a provider of regulatory-driven environmental, health & safety […]
Sapphire Systems, backed by private equity firm Horizon Capital, has acquired SAP Business One partner Pioneer B1
Sapphire Systems, backed by private equity firm Horizon Capital, has acquired SAP Business One partner Pioneer B1. Financial terms of the deal were not disclosed. Sapphire Systems Buys Pioneer B1: SAP Partner Synergies Sapphire Systems, founded in 1993, specializes in enterprise software applications management in the ERP (enterprise resource planning) market — assisting customers with […]
Planview, backed by private equity firms TPG Capital and TA Associates has acquired protect management software providers Clarizen and Changepoint
Planview, backed by private equity firms TPG Capital and TA Associates, has acquired protect management software providers Clarizen and Changepoint. The deal includes some Professional Services Automation (PSA) software capabilities. The acquisitions are expected to be finalized in the first quarter of 2021. At that time, Clarizen and Changepoint teams will join Planview as distinct […]
Private equity firm August Equity Acquires Business Systems UK Limited
Private equity firm August Equity has acquired Business Systems UK Limited, an MSP (managed IT services provider) that specializes in cloud enterprise communications solutions. Financial terms of the deal were not disclosed. Business Systems has approximately 85 employees and roughly 170 customers. Geoff Love, formerly CEO of Commify, joins as Business Systems as executive chairman. […]
STAR Capital acquires Rail Operations (UK) Limited
STAR Capital Partnership (STAR), has acquired Rail Operations (UK) Limited (ROUK), a provider of rolling stock movement and storage services to the UK rail industry through its subsidiaries Rail Operations Group Limited (ROG) and Rail Operations (Rolling Stock Management) Limited (Traxion). In addition, ROUK has established a new subsidiary, Orion, to provide high speed logistics […]
Access Holdings’ CWON acquires Okie Express Wash
Car Wash Owners Network (CWON), a portfolio company of Baltimore-based Access Holdings, has closed its investment in Okie Express Auto Wash, a car wash operator in the Oklahoma City market. Financial terms were have been disclosed. Founded in 2008, Okie owns and operates 11 premier express car wash locations known across Oklahoma City. Okie washes […]
Suez Gets Proposal From Ardian, GIP for Friendly Takeover
Suez SA said it received a letter of intent from two funds proposing an amicable takeover, the latest development in the French water company’s attempts to fight off being swallowed by rival Veolia Environnement SA. Private equity firms Ardian and Global Infrastructure Partners would offer 18 euros ($22) a share, Suez said in a statement […]
Hain Celestial sells Orchard House juice business to private equity firm Elaghmore
The Hain Celestial Group, Inc. a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life, today announced that it has completed the divestiture of its U.K. fruit business, including the Orchard House Foods Limited business and associated brands, to […]
Canada’s Couche-Tard in takeover talks with France’s Carrefour
Supermarket groups confirm early-stage discussions are under way on potential $50bn tie-up Canadian convenience store group Alimentation Couche-Tard has approached France’s Carrefour about a takeover that would combine two retail groups jointly worth more than $50bn. The talks were at an early stage, the companies said on Tuesday night in separate statements. Couche-Tard, which owns […]
PACKAGING LEADER TRICORBRAUN GETS NEW PRIVATE EQUITY OWNER
TricorBraun has entered into a definitive stock purchase agreement with funds managed by Ares Management Corporation’s Private Equity Group and Ontario Teachers’ Pension Plan Board. Ares and Ontario Teachers’ will acquire a majority interest in the Company. TricorBraun’s management team, including Executive Chairman Keith Strope and President and CEO Court Carruthers, will continue to lead […]
