Middle market private equity firm Quad-C Management has sold A Stucki Company, a supplier of new and reconditioned railcar components, to Stone Canyon Industries. Terms of the deal have not been disclosed. Headquartered near Pittsburgh, A Stucki operates 17 global locations focused on the engineering, reconditioning, machining and manufacturing of railcar and industrial parts.   Quad-C invested in A Stucki in 2010 along with several members of the A Stucki management team led by CEO Bill Kiefer and CFO David Lendt. During Quad-C’s investment period, A. Stucki more than doubled its revenues due to a combination of strong organic growth

IK Investment Partners (“IK”) has received an irrevocable binding offer from Ardian Mid Cap Buyout for the sale of Solina Group (“Solina” or “the Group”), a leading European food solutions provider. On the basis of this offer, IK has entered into exclusive discussions with Ardian Mid Cap and Solina Group will consult its relevant French working councils on the merits of entering into a definitive agreement.   Solina is a provider of food ingredient solutions in Europe with over 40 years’ experience in the design and production of ingredient-based functional and culinary solutions for the food industry. The Group offers

EPISO 3, the opportunity fund advised by Tristan Capital Partners, and partner Cornerstone Real Estate Advisers have agreed to sell the landmark “Jannowitz Center” office building in Berlin’s central Mitte district for EUR79 million. The buyer is a fund managed by Germany’s KGAL Group.    The distinctive Jannowitz Center was built in 1997 and consists of 32,500 sq m spread over 10 storeys. The asset was acquired by Tristan’s European Property Investors Special Opportunities 3 (EPISO 3) fund in 2013 as its first investment.     Jean-Philippe Blangy (pictured), Managing Director Portfolio & Asset Management at Tristan Capital, says: “The Jannowitz Center is one of the most

Clearwater International has advised Electranet, a supplier for the design, delivery and support of highly secure network and communication infrastructure in the UK, on its sale to Capita, a UK-based provider of digitally enabled customer and business process services. Electranet supports high profile government and private sector customers that require secure and effective networking and communication solutions. The company handles highly secure data and is approved to sponsor its own workforce through national security vetting processes, such as the Counter-Terrorist Check and Developed Vetting. The company runs one of the UK’s few commercial sites that is approved to hold UK

The Riverside Company has sold its ownership stake in Orliman to Iberian private equity firm Magnum Capital. Orliman is a Spanish manufacturer and distributor of non-invasive orthopaedic devices. The company’s products are used in the prevention of injury, treatment of chronic conditions and for recovery after surgery or injury.   Based in Valencia Spain, Orliman manufactures a broad portfolio of devices for the upper limb, torso and lower limb including both standard as well as made-to-measure products.   After investing in Orliman in 2010, Riverside expanded the company considerably through both organic growth and integration of add-on acquisition. These efforts

Private equity investment firm Sverica Capital Management has closed on the sale of MC Sign Company (MC Sign) to Caltius Capital Management. Based in Mentor, Ohio, MC Sign provides mission critical signage and lighting services to a variety of multi-site industries, including quick serve restaurant, retail, convenience stores, and hospitality.   Sverica acquired a majority interest in MC Sign in 2008. Over the course of its investment, Sverica guided the company through robust top line growth, identified & entered high growth adjacent service lines, and completed one add-on acquisition.   “We are proud to have been partners with MC Sign

European private equity firm Cinven is to sell UK life assurance consolidation business Guardian Financial Services to Admin Re, Swiss Re's unit active in the closed life book business, for a total consideration of GBP1.6 billion. Under Cinven's ownership, Guardian has become one of the most active life insurance consolidators in the UK and Irish markets and the UK's largest privately owned life insurance company. Today Guardian has GBP20 billion of assets under management and manages 900,000 policies.   Cinven's Financial Services team identified closed life books as an attractive consolidation opportunity in 2010 and Guardian as a highly attractive