Ironwood Capital Connecticut, a unit of Ironwood Capital, has exited from a subordinated debt investment in Air Temp Mechanical Services (Air Temp), made by its co-managed fund.  The fund maintains its warrant position in Air Temp, headquartered in Southington, Connecticut. Air Temp is a full-service mechanical contractor with an emphasis on design

Kian Capital Partners (Kian), a middle-market focused private investment firm, has sold its portfolio company, Empire Group (Empire) to PNC Riverarch Capital (PNC Riverarch). Terms of the transaction have not been  disclosed.Headquartered in Raleigh, NC, Empire is a wholesale distributor of commercial foodservice equipment and genuine OEM parts into diverse

Keensight Capital, a private equity managers dedicated to pan-European growth buyout investments, is to sell shares of smartTrade Technologies, a specialist in multi-asset electronic trading solutions, to Hg.Founded in 1999 and headquartered in France, smartTrade Technologies has developed an automated trading platform which enables fast access to a wide range

CBPE Capital (CBPE) has sold its investment in ABI Holiday Homes (ABI) to the Company’s management team, with a minority equity investment from Pricoa Private Capital.  Terms of the transaction are not disclosed but CBPE has achieved a money multiple return of 3.0x on its investment in ABI and an IRR

Behrman Capital, a private equity investment firm based in New York and San Francisco, has sold its portfolio company ILC Dover to New Mountain Capital. Financial terms of the transaction have not been disclosed.Founded in 1947, ILC Dover designs and manufactures a broad range of innovative, highly engineered products utilising

Ironwood Capital has exited its debt and minority equity investment in American Residuals Group, the holding company of Denali Water Solutions (Denali), to TPG Growth, a middle market and growth equity platform of alternative asset firm TPG. Denali is a provider of specialty waste and environmental recycling and disposal services in the United States, performing

Sovereign Capital Partners, a private equity Buy & Build specialist, has exited its investment in Arachas Corporate Brokers (Arachas), a commercial insurance brokerage in Ireland to certain funds controlled and managed by Madison Dearborn Partners (MDP) and HPS Investment Partners (HPS). The exit, which follows three years of Sovereign’s partnership with

Fondo Agroalimentare Italiano (FAI) has successfully completed its first exit with the sale of its stake in Sfoglia Torino.FAI’s 2017 investment in the company, alongside CEO Enzo Perrino and his family, enabled Sfoglia Torino to carry out an external growth strategy with the aim of consolidating the Italian frozen puff

Ironwood Capital has exited its subordinated debt and minority equity investment in Bush Industries (Bush) via a sale to Canadian designer and manufacturer of ready-to-assemble home and office furniture, Bestar.  Bush, headquartered in Jamestown, New York, is a manufacturer and distributor of commercial and home office furniture. Bush and Bestar have over

Funds advised by YFM Equity Partners (YFM) have banked a healthy return multiple of 2.25x within two years of their initial investment in EIKON Group, with YFM retaining a minority investment.In March 2018, YFM initially provided GBP6 million funding to EIKON, a London-based leading provider of digital mastering and localisation