May River Capital-backed Hunt Valve Co., which makes specialty valves for the U.S. Navy and industrial customers, acquired Montreal Bronze Ltd. (known as MB Valve). May River completed a recapitalization… read more →
ACON Investments acquired JD Beauty Co. and will merge the company with Goody Products, Inc., which ACON purchased in August 2018. ACON acquired JD Beauty from Topspin Partners. ACON is… read more →
CoolSys said March 21 that it was sold to the Private Equity Group of Ares Management Corp. Financial terms weren’t announced. Management is investing. CoolSys is a refrigeration and HVAC… read more →
Phillips & Temro Industries Inc, a Harbour Group company, said March 20 that it acquired EVoCharge Inc. Financial terms weren’t announced. EvoCharge supplies electric vehicle charging infrastructure solutions for commercial,… read more →
Gravity Oilfield Services Inc, a portfolio company of Clearlake Capital Group LP, said March 21 that it acquired certain water disposal infrastructure from MBI Oil & Gas LLC. Financial terms… read more →
By Hugh MacArthur, Bain & Co Valuation multiples move up and down. Yet for the past 30 years, the average multiple of Ebitda paid for public assets has almost always… read more →
Alvarium Investments, formerly LJ Partnership, said March 21 that it acquired Iskander. Financial terms weren’t announced. Iskander, of France, is an asset manager dedicated to large private investors. Separately, Alvarium… read more →
Primus Capital has invested in Harmony Healthcare IT. Financial terms weren’t announced. Harmony, of South Bend, Indiana, provides a data management platform providing a single point of access to historical… read more →
PDI said March 20 that Insight Venture Partners has invested in the company. Genstar and TA Associates will both retain minority stakes. Financial terms weren’t announced. PDI, of Atlanta, provides… read more →
GTCR said March 20 that it’s partnering with Gregory T. Lucier to form Corza Health Inc. Lucier will serve as CEO of Corza Health and will invest alongside GTCR. Corza,… read more →