Private equity secondary market

MAX Environmental Holdings, Inc., a Portfolio Company of Altus Capital Partners II, L.P., Acquires LEI, Inc.

Retrieved on: 
Monday, July 12, 2021

MAX Environmental Holdings, Inc ., (MAX or the Company), owner of MAX Environmental Technologies, a fully integrated environmental treatment and disposal company that provides hazardous and non-hazardous waste transportation, processing, and disposal for the manufacturing, energy, and infrastructure markets has acquired LEI, Inc .

Key Points: 
  • MAX Environmental Holdings, Inc ., (MAX or the Company), owner of MAX Environmental Technologies, a fully integrated environmental treatment and disposal company that provides hazardous and non-hazardous waste transportation, processing, and disposal for the manufacturing, energy, and infrastructure markets has acquired LEI, Inc .
  • MAX is a portfolio company of Altus Capital Partners II, L.P., an investment firm focused on middle market industrial companies headquartered in the U.S. Financial terms of the transaction were not disclosed.
  • Altus partnered with an industry experienced management team and entered the environmental segment in 2017 through its investment in MAX.
  • Altus Capital Partners is a private equity firm that makes control investments in middle market manufacturing businesses that employ technology and automation.

Platinum Equity Completes Acquisition Of Ingram Micro For $7.2 Billion

Retrieved on: 
Wednesday, July 7, 2021

With $49 billion in revenue for fiscal year 2020, Ingram Micro is the world's largest provider of technology solutions and mobility, cloud, platform and supply chain solutions.

Key Points: 
  • With $49 billion in revenue for fiscal year 2020, Ingram Micro is the world's largest provider of technology solutions and mobility, cloud, platform and supply chain solutions.
  • We are excited to put our resources and experience to work helping Ingram Micro navigate these especially fluid times."
  • Morgan Stanley & Co. LLC and Goldman Sachs & Co. served as financial advisors, and Morgan Lewis as legal counsel, to Platinum Equity on the acquisition of Ingram Micro.
  • The firm is currently investing from Platinum Equity Capital Partners V , a $10 billion global buyout fund, and Platinum Equity Small Cap Fund , a $1.5 billion buyout fund focused on investment opportunities in the lower middle market.

Family Legacy Capital Appoints Robert McEwan as Chief Financial Officer and Chief Operations Officer

Retrieved on: 
Wednesday, July 7, 2021

Family Legacy Capital Management, LLC (FLC), a private investment manager for leading family offices, today announced that Robert McEwan will join as Chief Financial Officer and Chief Operations Officer.

Key Points: 
  • Family Legacy Capital Management, LLC (FLC), a private investment manager for leading family offices, today announced that Robert McEwan will join as Chief Financial Officer and Chief Operations Officer.
  • He most recently served as Chief Financial Officer for H.I.G.
  • 1K1V is a private equity fund whose family only limited partners invest their Intellectual, Relational and Financial Capital, or Three-Dimensional Capital, in sub-Saharan Africa.
  • Family Legacy Capital Management, LLC (Family Legacy Capital) manages, directly or indirectly, private investment funds whose limited partners are comprised of leading family offices.

Metric Point Capital adds Kevin Imhoff to further expand its distribution capabilities and broaden its GP-led secondary advisory practice

Retrieved on: 
Wednesday, July 7, 2021

Metric Point Capital (Metric Point), a boutique placement and advisory firm, announced that Kevin Imhoff has joined as a Principal in its Stamford, Connecticut office.

Key Points: 
  • Metric Point Capital (Metric Point), a boutique placement and advisory firm, announced that Kevin Imhoff has joined as a Principal in its Stamford, Connecticut office.
  • He was most recently a Principal at Atlantic Pacific Capital and prior to that, Kevin worked at Eaton Partners, Goldman Sachs, and DuPont Capital Management.
  • I could not be more excited to join them as Metric Point continues to scale, said Kevin.
  • Metric Point advises on all aspects of the fundraising process, including competitive positioning, preparation of marketing materials, comprehensive strategic fundraising planning, and distribution.

Northleaf Appoints Shane Feeney to Lead and Expand Its Well-established Global Secondaries Business

Retrieved on: 
Tuesday, June 22, 2021

Northleaf Capital Partners (Northleaf) today announced that Shane Feeney has joined the firm as Global Head of Secondaries, based in Toronto.

Key Points: 
  • Northleaf Capital Partners (Northleaf) today announced that Shane Feeney has joined the firm as Global Head of Secondaries, based in Toronto.
  • In this role, Feeney will oversee all aspects of Northleafs secondaries program, building on the firms highly successful 18-year track record in global secondary investing and enhancing existing team capabilities as the secondaries market continues to expand rapidly.
  • In this role, Feeney led the teams responsible for CPP Investments direct private equity, Asia private equity, private equity funds and secondaries investments.
  • Feeney will report to Northleaf Managing Director and Co-Founder Michael Flood, who leads the firms global private equity program.

Ron Eliot Dichter Joins Red Door Capital Partners

Retrieved on: 
Thursday, June 17, 2021

SALT LAKE CITY, June 17, 2021 /PRNewswire/ --Red Door Capital Partners, LLC, an independent private equity firm, announced that Ron Dichter has joined the Red Door Team.

Key Points: 
  • SALT LAKE CITY, June 17, 2021 /PRNewswire/ --Red Door Capital Partners, LLC, an independent private equity firm, announced that Ron Dichter has joined the Red Door Team.
  • "We are very excited to have Ron become a member of the Red Door Team.
  • About Red Door Capital Partners LLC:
    Red Door was formed to provide break-through access to private equity markets to the individual accredited investor.
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/ron-eliot-dichter-joins-red-door...
    SOURCE Red Door Capital Partners, LLC

Marlin Equity Partners Closes €675 Million For Second Europe Fund

Retrieved on: 
Monday, June 7, 2021

LOS ANGELES and LONDON, June 7, 2021 /PRNewswire/ --Marlin Equity Partners, a leading global investment firm, is pleased to announce the final closing of Marlin Heritage Europe II, L.P. ("Heritage Europe II" or the "Fund"), with 675 million of total capital commitments, more than double the size of its predecessor fund.

Key Points: 
  • LOS ANGELES and LONDON, June 7, 2021 /PRNewswire/ --Marlin Equity Partners, a leading global investment firm, is pleased to announce the final closing of Marlin Heritage Europe II, L.P. ("Heritage Europe II" or the "Fund"), with 675 million of total capital commitments, more than double the size of its predecessor fund.
  • The Fund successfully closed over its target with strong support from existing limited partners and significant interest from new global investors.
  • Heritage Europe II is a continuation of the investment strategy employed by Marlin for over 15 years and by its predecessor fund, Marlin Heritage Europe, L.P.
  • Marlin Equity Partners is a global investment firm with over $7.6 billion of capital under management.

Marlin Equity Partners Closes €675 Million For Second Europe Fund

Retrieved on: 
Monday, June 7, 2021

LOS ANGELES and LONDON, June 7, 2021 /PRNewswire/ --Marlin Equity Partners, a leading global investment firm, is pleased to announce the final closing of Marlin Heritage Europe II, L.P. ("Heritage Europe II" or the "Fund"), with 675 million of total capital commitments, more than double the size of its predecessor fund.

Key Points: 
  • LOS ANGELES and LONDON, June 7, 2021 /PRNewswire/ --Marlin Equity Partners, a leading global investment firm, is pleased to announce the final closing of Marlin Heritage Europe II, L.P. ("Heritage Europe II" or the "Fund"), with 675 million of total capital commitments, more than double the size of its predecessor fund.
  • The Fund successfully closed over its target with strong support from existing limited partners and significant interest from new global investors.
  • Heritage Europe II is a continuation of the investment strategy employed by Marlin for over 15 years and by its predecessor fund, Marlin Heritage Europe, L.P.
  • Marlin Equity Partners is a global investment firm with over $7.6 billion of capital under management.

Sole Source Capital Portfolio Company Dallas Plastics Acquires Hi-De Liners

Retrieved on: 
Thursday, June 3, 2021

Sole Source Capital LLC, an industrial-focused private equity firm, announced today that its portfolio company, Dallas Plastics, a leading manufacturer of blown polyethylene film with printing, embossing, and other value-added capabilities for the medical, food, and industrial end markets, has acquired Hi-De Liners, Inc.

Key Points: 
  • Sole Source Capital LLC, an industrial-focused private equity firm, announced today that its portfolio company, Dallas Plastics, a leading manufacturer of blown polyethylene film with printing, embossing, and other value-added capabilities for the medical, food, and industrial end markets, has acquired Hi-De Liners, Inc.
  • This is Sole Sources 18th transaction, and another example of being the preferred partner for private and founder-owned companies, said Scott Sussman, Partner of M&A Sole Source Capital.
  • As a portfolio company of Sole Source Capital, Dallas Plastics has continued its expansion across North America by leveraging Sole Source Capitals operational expertise, networking and M&A experience with leading industrial companies.
  • Founded in 2016 by David Fredston, Sole Source Capital is a private equity firm that thematically invests in fragmented, high-growth industrial subsectors.

HarbourVest Partners Establishes Singapore Office and Expands Team in Hong Kong

Retrieved on: 
Thursday, June 3, 2021

HarbourVest Partners, a global private markets asset manager, today announced the opening of its newest office in Singapore and the expansion of its investment team in Hong Kong.

Key Points: 
  • HarbourVest Partners, a global private markets asset manager, today announced the opening of its newest office in Singapore and the expansion of its investment team in Hong Kong.
  • The new Singapore office expands the firms global footprint to eleven locations including Beijing, Bogota, Boston, Dublin, Hong Kong, London, Seoul, Tel Aviv, Tokyo and Toronto.
  • Hemal oversees operations and strategy for Asia Pacific, including Beijing, Hong Kong, Singapore, Seoul and Tokyo.
  • HarbourVest is also pleased to announce the appointment of Lydia Hao to its Hong Kong office further strengthening the investment team.