Allocations
Affiliates of US Joiner have acquired JCI Metal Products, a provider of maintenance, repair and overhaul (MRO) services focused on habitability, fabrication, electrical and piping solutions to US Navy vessels.
JCI is headquartered in San Diego, California with additional operations in Pearl Harbor, Hawaii. The acquisition will enable US Joiner to further establish its position in the US Navy MRO market and expand its footprint in the Pacific.
US Joiner is an independent domestic provider of turnkey marine joiner and furniture solutions for US Government and commercial customers. Headquartered in Crozet, Virginia, the company also has existing facilities in San
Private equity firm Crestview Partners has acquired NEP Broadcasting, LLC and its affiliates from American Securities. Financial terms of the transaction have not been disclosed.
NEP is an international provider of outsourced tele-production services critical to the delivery of live sports and entertainment events. NEP enables its clients to execute, deliver, and display productions on any platform. NEP’s global headquarters is located in Pittsburgh, Pennsylvania, and the company also maintains a headquarters in the United Kingdom to serve its European customers.
Jeff Marcus, Partner at Crestview and head of the firm’s media strategy, says: "We have followed NEP’s performance since 2006 and
Funds advised by Apax Partners have reached an agreement to sell LR Health & Beauty Systems to a consortium consisting of private equity firms Bregal Capital and Quadriga Capital.
LR markets cosmetics, personal hygiene products, dietary supplements, perfumes and jewellery through the direct sales channel.
The new shareholders will support LR Group in expanding its national and international activities. The transaction is subject to approval by the relevant anti-trust authorities. The parties agreed not to disclose the sale price.
"LR Health & Beauty has a unique business model within the direct sales market. From the beginning the management-team, headed by
Business Growth Fund (BGF), established to help the UK’s fast growing smaller and medium sized businesses, has invested GBP2.5m of growth capital for a minority stake in Manchester-based Boost Juice Bars UK, a growing chain of retail stores specialising in the sale of freshly made smoothies and juices.
Boost currently operates 10 stores across the UK including Manchester’s Trafford Centre and Piccadilly train station, London’s Westfield White City and Westfield Stratford, Meadowhall Sheffield and Bristol’s Cribbs Causeway.
Operating in the fast growing wellness category, Boost provides a healthy alternative to soft drinks, on-the-go meals and sweets. Nutritional and health
PAI Partners has signed an agreement to acquire IPH Group, a European industrial supplies distribution business, from Investcorp for an undisclosed amount.
The business services sector is a core area of investment focus and expertise for PAI. The firm’s previous investments in this sector include SPIE, Kiloutou, Kwik-Fit, FTE Automotive and Xella.
PAI, whose recent investments include Marcolin, an Italian eyewear manufacturer, Swissport, a provider of ground and cargo handling services, The Nuance Group, a duty-free airport retailer, Kiloutou, the number two equipment rental business in France, and Hunkemoller, a lingerie retailer based in The Netherlands, will look to grow
Propel Equity Partners, a private equity firm focused on investing in consumer brands, has acquired Fundex Games, a maker of popular games.
The assets of Fundex Games will be incorporated under the Ideal and POOF brands of POOF-Slinky, makers of iconic toys under the Slinky, POOF, Ideal, and Scientific Explorer brands, among others. POOF-Slinky. was acquired by Propel Equity Partners in July 2012.
“Fundex Games has a wide array of board, card, outdoor and dice games, as well as toys, that fit perfectly under our existing brands” says Michael Cornell, partner, Propel Equity Partners. “This acquisition is a good next
Private equity investment firm HIG Capital has sold Safe-Guard Products International to an affiliate of Goldman Sachs, a global investment banking, securities and investment management firm.
Based in Atlanta, Georgia, Safe-Guard is a provider of finance and insurance (F&I) products to the automotive industry.
“HIG has been a tremendous partner to Safe-Guard and has been instrumental in helping us develop and execute our growth strategy,” says Randy Barkowitz, chief executive officer of Safe-Guard. “Over the last five years, we’ve invested in our team, our infrastructure and our program offerings, and Safe-Guard is now the clear ancillary F&I industry leader.”
“We
Private equity firm Cinven’s investment subsidiary, BCV Investments, is to sell the aviation business of portfolio company Avio, which designs, manufactures and services components for commercial and military jet engines, to GE for a total consideration of EUR3.3bn.
Avio will retain full control of its space unit and will remain owned by BCV. Cinven and Finmeccanica own BCV.
Headquartered in Turin, Italy, Avio is a global business which operates in four continents and employs about 5,300 people. In 2011, the group generated revenues of over EUR2bn (up 15.6 per cent on the prior year) and EBITDA of EUR383m (up
Albion Ventures has invested GBP2.6m in Proveca, a pharmaceutical company that develops innovative and technically complex new pharmaceuticals largely for children.
Proveca, which was established in 2010 by Simon Bryson and Dr Helen Shaw, focuses on the re-engineering of existing generic medicines to make them appropriate for use by young people, many of whom will have chronic conditions which require on-going drug regimes.
The company is currently developing medicines for children in the fields of cardiology, neurology and pain management.
Dr Andrew Elder, partner and head of healthcare at Albion Ventures, says: “Healthcare is an important area within Albion’s
Waud Capital Partners’ portfolio company ProNerve has acquired PhysIOM Group, one of the largest providers of intraoperative neuromonitoring (IONM) services in the western and southeastern US.
Headquartered in Colorado, PhysIOM serves over 290 hospital clients across 33 states.
PhysIOM represents ProNerve’s third acquisition in 2012 and establishes the company as a national provider of IONM services and the market leading provider of IONM services in the western US.
“Having a stated objective of building the leading provider of IONM services in the western US, we are thrilled to complete this business combination,” says David Neighbours, partner at Waud Capital Partners.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
