Graycliff Partners has completed a mezzanine investment in Naumann Hobbs Material Handling. Headquartered in Phoenix, Arizona, Naumann Hobbs is a full-service material handling equipment distributor and aftermarket service provider. Graycliff provided subordinated debt financing in support of a recapitalisation of the company. Graycliff, a middle market investment firm, was founded

Nautic Partners has completed the sale of Aavid Thermalloy to an investor group led by Audax Private Equity. The terms of the transaction have not been disclosed. Headquartered in Concord, New Hampshire, Aavid is a designer and manufacturer of high-performance thermal management products. Aavid’s products are used to dissipate heat

CitySprint has acquired Eagle Express Worldwide Couriers, its seventh acquisition since it was backed by UK mid-market private equity house Dunedin in December 2010. This comes at a time of high transactional activity for Dunedin, which in the past two weeks has announced its exit from conference and training venues

Huron Capital Partners’ portfolio company, Hughes Associates, has acquired Anoba Consulting Services, a niche engineering firm specialising in probabilistic risk assessment (PRA) and other risk-modelling services.  Mandated by the federal government, PRA uses highly analytical software programmes and risk models that allow nuclear power plants to assess the underlying operational

Dallas-based private equity firm Highlander Partners has acquired Custom Window Systems (CWS), a designer, manufacturer and marketer of impact-resistant and non-impact windows and doors, primarily serving Florida and other coastal markets in the Southeastern US.  CWS will continue to operate under its existing name and operating structure.  Greg Schorr, a

Brynwood Partners VI has sold its investment in Sun Country Foods to Continental Mills. Terms and conditions of the transaction have not been disclosed. Sun Country Foods, headquartered in Norwood, Massachusetts with a manufacturing facility in Manhattan, Kansas, manufactures and markets the iconic Kretschmer Wheat Germ brand. Founded in 1936

Monroe Capital has funded a unitranche credit facility and equity co-investment to support the recapitalisation of Playtime by private equity sponsor Geneva Glen Capital. Based in Englewood, Colorado, Playtime is a provider of interactive healthy play areas and playground equipment for indoor, outdoor and water play. The company markets, designs,

HarbourVest Global Private Equity (HVPE) is to take a direct stake of approximately USD95m, and also have an interest of approximately USD12m through other existing commitments to HarbourVest managed funds, in the assets of Conversus Capital. This transaction is expected to add approximately USD0.20 to HVPE’s NAV per share.  

Dallas-based private equity firm Lone Star Investment Advisors has sold Petroplex Acidizing to One Rock Capital Partners.  Aided by Lone Star, Petroplex expanded its major customer accounts, added product offering for key customers and more than doubled annual sales over five years, which represents a compound annual growth rate of