Spell Capital Partners

Rotunda Capital Partners Enters K-12 Educational Technology Solutions Market with Acquisition of Trinity3

Retrieved on: 
Thursday, November 21, 2019

Rotunda Capital Partners (Rotunda), a lower middle market private equity firm, has acquired a majority interest in St. Paul, Minnesota-based Trinity3 Technology (Trinity3), a leading provider of student computing solutions, warranty services, and enterprise products for the K-12 education market.

Key Points: 
  • Rotunda Capital Partners (Rotunda), a lower middle market private equity firm, has acquired a majority interest in St. Paul, Minnesota-based Trinity3 Technology (Trinity3), a leading provider of student computing solutions, warranty services, and enterprise products for the K-12 education market.
  • Rotunda is drawn to founder-owned firms, like Trinity3, that weve identified as industry leaders, and where we see opportunities to engage with the team, collaborate on a plan, and spur growth, said John Fruehwirth, partner at Rotunda Capital Partners.
  • Rotunda Capital Partners is a private equity firm that invests equity capital in established and profitable lower middle market companies.
  • What makes Trinity3 Technology unique is not just the products and services offered but the people who stand behind them.

Renovus Capital Partners Provides Senior Debt Financing to The NCHERM Group, LLC

Retrieved on: 
Thursday, October 17, 2019

Renovus Capital Partners (Renovus), a Philadelphia area private equity firm announced today that it has made an investment in The NCHERM Group, LLC (TNG or the Company).

Key Points: 
  • Renovus Capital Partners (Renovus), a Philadelphia area private equity firm announced today that it has made an investment in The NCHERM Group, LLC (TNG or the Company).
  • We are excited to be supporting the Company as they enter their next phase of growth, added Jesse Serventi, a founding partner of Renovus.
  • Founded in 2010, Renovus Capital Partners is an education, training, and human capital focused private equity firm.
  • Renovus is based outside of Philadelphia and manages over $500 million of committed capital through two SBIC funds.

Everglades Equity Launches To Invest In Leading Lower Middle Market Companies

Retrieved on: 
Wednesday, October 16, 2019

The firm will focus on partnering with founder and family-owned businesses in the lower middle market, with EBITDA typically ranging from $3 million to $8 million.

Key Points: 
  • The firm will focus on partnering with founder and family-owned businesses in the lower middle market, with EBITDA typically ranging from $3 million to $8 million.
  • In terms of our ideal fit, we're looking for founder and family-owned companies with leading market positions, strong core businesses, and untapped growth opportunities.
  • Most recently, Mr. Craig served as a Principal of Hidden Harbor Capital Partners, a leading lower middle market private equity firm, where he served on the firm's Investment Committee and was responsible for sourcing, evaluating, and executing lower middle market private equity investments.
  • Everglades Equity is a private equity firm focused on majority investments in North American lower middle market companies in sectors including value-added distribution, facilities services, industrial services, and human capital management.

Sverica Capital Management Closes $450 Million Private Equity Fund at Hard Cap

Retrieved on: 
Tuesday, October 8, 2019

Sverica Capital Management (Sverica), a leading growth-oriented lower middle market private equity firm, announced today the first and final close of its fifth private equity fund, Sverica Capital Partners V (Fund V).

Key Points: 
  • Sverica Capital Management (Sverica), a leading growth-oriented lower middle market private equity firm, announced today the first and final close of its fifth private equity fund, Sverica Capital Partners V (Fund V).
  • After three months in the market, Fund V exceeded its target, was oversubscribed and closed at its hard cap of $450 million of total limited partner commitments.
  • Fund V will target businesses with enterprise values of up to $150 million with strong growth characteristics and differentiated solutions or products.
  • Sverica Capital Management is a leading growth oriented private equity firm that has raised over $1.1 billion across five funds.

CORE Industrial Partners Announces Acquisition of Fleco Industries

Retrieved on: 
Wednesday, September 4, 2019

CORE Industrial Partners (CORE), a Chicago-based private equity firm, announced today the acquisition of Fleco Industries, Inc. (Fleco, or the Company).

Key Points: 
  • CORE Industrial Partners (CORE), a Chicago-based private equity firm, announced today the acquisition of Fleco Industries, Inc. (Fleco, or the Company).
  • CORE plans to pursue strategic acquisitions with Saylite to extend the Companys product and brand portfolio.
  • CORE Industrial Partners is a Chicago-based private equity firm investing in North American lower middle-market manufacturing and industrial technology businesses.
  • Through our capital, insight and operational expertise, CORE partners with management teams to create unique value, grow revenues and consistently deliver lasting results.

Harbor Beach Capital Partners With Atlantic Southern Paving

Retrieved on: 
Monday, August 12, 2019

Harbor Beach Capital (Harbor Beach), a private equity firm focused on investing in middle market companies, is pleased to announce today that its affiliate has made an investment in Atlantic Southern Paving (ASP).

Key Points: 
  • Harbor Beach Capital (Harbor Beach), a private equity firm focused on investing in middle market companies, is pleased to announce today that its affiliate has made an investment in Atlantic Southern Paving (ASP).
  • The transaction was completed in partnership with ASPs Chief Executive Officer, Michael Curry, as well Aldine Capital Partners.
  • Harbor Beach partnered with Aldine Capital Partners and Enterprise Bank & Trust on the transaction.
  • Harbor Beach Capital is a private equity firm specializing in control investments in middle market companies.

CORE Industrial Partners Debut $230 Million Private Equity Fund Closes Above Initial Hard Cap

Retrieved on: 
Wednesday, February 20, 2019

Sixpoint Partners, a leading global investment bank serving the middle market, announced the successful closing of CORE Industrial Partners Fund I (the Fund), with $230 million of total limited partner capital commitments.

Key Points: 
  • Sixpoint Partners, a leading global investment bank serving the middle market, announced the successful closing of CORE Industrial Partners Fund I (the Fund), with $230 million of total limited partner capital commitments.
  • The Fund, which is the debut investment vehicle for CORE Industrial Partners (CORE), was significantly oversubscribed with demand in excess of an initial target of $200 million and initial hard cap of $225 million.
  • CORE Industrial Partners is a Chicago-based private equity firm investing in North American lower middle-market manufacturing and industrial technology businesses.
  • CORE partners with business owners and management teams to acquire companies with revenues up to $200 million, and transaction sizes up to $150 million.

CORE Industrial Partners Closes Inaugural Investment Fund at $230 Million

Retrieved on: 
Wednesday, February 20, 2019

CORE Industrial Partners LLC (CORE), an industrials-focused private equity firm based in Chicago, announced today the successful final close of CORE Industrial Partners Fund I (the Fund) with total commitments of $230 million.

Key Points: 
  • CORE Industrial Partners LLC (CORE), an industrials-focused private equity firm based in Chicago, announced today the successful final close of CORE Industrial Partners Fund I (the Fund) with total commitments of $230 million.
  • The Fund was significantly oversubscribed with demand in excess of an initial target of $200 million and initial hard cap of $225 million.
  • CORE Industrial Partners is a Chicago-based private equity firm investing in North American lower middle-market manufacturing and industrial technology businesses.
  • CORE partners with business owners and management teams to acquire companies with revenues up to $200 million, and transaction sizes up to $150 million.

Hidden Harbor Capital Closes $265+ Million Debut Fund

Retrieved on: 
Tuesday, February 5, 2019

Hidden Harbor Capital Partners (Hidden Harbor), an operationally focused private equity firm specializing in control investments in lower middle market companies, today announced the close of its debut buyout fund.

Key Points: 
  • Hidden Harbor Capital Partners (Hidden Harbor), an operationally focused private equity firm specializing in control investments in lower middle market companies, today announced the close of its debut buyout fund.
  • With this new fund Hidden Harbor will continue to seek out platform investment opportunities in U.S.-based companies with revenues between $50 and $500 million and EBITDA up to $25 million with the willingness to look at unprofitable businesses.
  • Probitas Partners acted as the exclusive placement agent andKirkland & Ellisacted as fund counsel for Hidden Harbor.
  • Hidden Harbor Capital Partners is a private equity firm with an operations soul and intense passion for building great companies.

Atlantic Street Capital Builds Leading Operating Advisor Network

Retrieved on: 
Thursday, August 23, 2018

Jones has extensive experience working with private equity and venture capital backed companies during his career.He currently works with Atlantic Street's portfolio companies Fast Sandwich and PLNTF Holdings.

Key Points: 
  • Jones has extensive experience working with private equity and venture capital backed companies during his career.He currently works with Atlantic Street's portfolio companies Fast Sandwich and PLNTF Holdings.
  • Susan Stautberg joins Atlantic Street Capital as Governance Advisor, to launch the first private equity firm effort to recruit women for portfolio executive positions, company boards, and customer advisory boards.
  • Atlantic Street Capital is a private equity firm that invests in middle market companies with between $4 million and $12 million of EBITDA.
  • The firm is currently investing in Atlantic Street Capital III, LP.