HIG Capital acquires Pegasus Home Fashions
An affiliate of HIG Capital (HIG), a global alternative investment firm with USD45 billion of equity capital under management, has completed the acquisition of Pegasus Home Fashions (Pegasus). Founded in 1990 and headquartered in Elizabeth, NJ, Pegasus is one of the country’s largest and fastest growing poly-filled pillow manufacturers with several manufacturing facilities located throughout […]
Riverside adds 12th add-on to CertaSite platform
The Riverside Company, a global private investor focused on the smaller end of the middle market, has invested in Premier Electronics (Premier). Based in Michigan, Premier provides fire and life safety system inspections, repairs, maintenance and installations for retrofits and new construction. The investment is an add-on to Riverside’s CertaSite platform, a fire and life […]
Nonantum Capital Partners acquires Helix Traffic Solutions
Nonantum Capital Partners (Nonantum), a middle-market private equity firm, has acquired Helix Traffic Solutions (Helix), a provider of mission-critical traffic management services and equipment. Helix offers a full suite of traffic safety solutions, including traffic control, flagging, equipment rental, and sign installation services. All of Helix’s services are provided to keep road workers, utility contractors, […]
Ares-Backed CoolSys Acquires T&O Refrigeration
CoolSys, a refrigeration, HVAC, engineering and energy solutions company, has acquired T&O Refrigeration, an independently owned refrigeration services company in the Southeast region of the U.S. With this acquisition, CoolSys expands its market presence throughout the Southeast with significantly increased market share in Georgia and Nashville, Tennessee. CoolSys is a portfolio company of Ares Management. “As CoolSys continues […]
CPPIB Acquires Stake in CeramTec
Canada Pension Plan Investment Board has agreed to acquire a stake in CeramTec GmbH, the German technical ceramics maker owned by buyout firm BC Partners. BC Partners and Canada Pension Plan will each own about half of CeramTec along with their co-investors, they said in a statement T, confirming an earlier Bloomberg News report. The transaction values CeramTec […]
Deutsche Post Buys Drinks Shipper Hillebrand for $1.8 Billion
Deutsche Post AG agreed to buy fellow German logistics specialist J.F. Hillebrand Group AG for 1.5 billion euros ($1.8 billion), boosting its position in the lucrative beverage-transportation market. Hillebrand was founded 175 years ago as a carrier of wine barrels, and also moves beer, spirits, dairy products, olive oil and bulk liquids. The purchase, announced Tuesday, is Bonn-based […]
Kainos Capital acquires Muenster Milling
Kainos Capital, a private equity firm specialising in acquiring and managing food and consumer businesses, has partnered with Mitch and Chad Felderhoff to acquire their family business, Muenster Milling (Muenster), a fourth-generation pet food and ingredient manufacturer based in Texas. Andrew Rosen, Managing Partner of Kainos, says: “We are excited to add Muenster to the […]
Zooplus agrees €3bn private equity takeover
Zooplus, the German online pet supplies retailer, has agreed a €3bn takeover by US investor Hellman & Friedman in the latest move by a private equity group to cash in on fast-growing animal care spending by pet-loving consumers. The €390 per share in cash offer to take the company private is a 40 per cent […]
Buyout firm EnCap Investments agrees $1.5 bln purchase of EP Energy
Private equity firm EnCap Investments has agreed to acquire EP Energy for $1.5 billion, people familiar with the matter said, less than a year after the oil and gas producer emerged from a bankruptcy process that handed control to its creditors. EnCap plans to split EP, which holds production assets in South Texas and Northeastern […]
Clearlake Capital Group Acquires Cornerstone for $5.2B
Clearlake Capital Group LP, a private equity firm, has entered into a definitive agreement to acquire Cornerstone OnDemand Inc., a provider of talent management software. Under the terms of the agreement, Clearlake will acquire the outstanding shares of Cornerstone common stock for $57.50 per share in cash. The transaction has an enterprise value of approximately […]
