Alpha Private Equity Fund 7 (APEF 7) is to acquire Laminam from Stefani family and Alberto Selmi. The transaction includes the following companies: Laminam SpA, Laminam Rus, Laminam USA Inc, Laminam China, Laminam Service.  The completion of the transaction, which is subject to the normal antitrust approvals, is expected before the end of June. Alberto Selmi will continue to lead Laminam, together with the management team, and will reinvest his proceeds and further increase his stake in the company.  Laminam, founded in 2001 by Franco Stefani and based in Fiorano Modenese (MO), is a specialist in large-sized ceramic slabs used

Wynnchurch Capital (Wynnchurch) has acquired Alliance Designer Products, a manufacturer of polymeric sand and related installation products used in residential and commercial hardscaping projects.  Founded in 2003, Alliance leads the industry with its all-encompassing suite of products, product innovation, and dedication to unmatched customer service and product support. Alliance currently serves the Canadian, US and European markets from its headquarters in Mirabel, Québec. “We are committed to delivering best-in-class products and services for all of our customers and are excited to partner with Wynnchurch as we continue that mission,” says George Tutino, President of Alliance.  Jack Tutino, Senior Vice President,

MiddleGround Capital (MiddleGround), a new private equity firm that makes control investments in business-to-business (B2B) industrial and specialty distribution companies in the North American lower middle market, has closed the second transaction for its inaugural private equity fund – the acquisition of Peterson Spring, a specialty spring manufacturer with thirteen facilities throughout North America and the United Kingdom. “We are honoured to continue the legacy that the Peterson family began over 100 years ago,” says John Stewart, co-founder of MiddleGround. “Companies like Peterson have historically invested in North American manufacturing and have provided critical manufacturing jobs that have benefited the

Montage Partners, a Scottsdale, Arizona-based private equity firm, has acquired Advanced Manufacturing and Development (METALfx) from a subsidiary of Avista Corporation. METALfx’s existing management team will continue to lead the company and will own a meaningful equity stake in the business. Founded in 1976 and headquartered in Willits, California, METALfx is a leading provider of precision sheet metal fabrications, enclosures, assemblies, and complex wood composite components across a variety of industries, including technology, healthcare, industrial, and others. The company is strategically focused on serving customers who demand quick turnaround times, prototype collaboration, engineering support, and rigorous product standards, and whose

Duncan and Todd has become the largest independent optical provider in Scotland following the acquisition of nine branches from optometrist Black & Lizars.  The acquisition – completed for an undisclosed sum – is the sixth to take place since Duncan and Todd secured a GBP15million investment from LDC, the UK’s leading mid-market private equity investor, in March 2018.    56 Black & Lizars staff have transferred to Duncan and Todd as part of the deal, which will see the group move into seven new towns and cities across Scotland and increase its headcount to 405   Black & Lizars’ two