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Team Products International Inc. has been acquired by H.I.G. Capital
Project

Team Products International Inc. has been acquired by H.I.G. Capital

The Selling Company: Team Products is a leading supplier of consumer electronic products to over 500 national and regional mass marketing retail chains and stores including Wal-Mart and Target. Why the company was sold: The shareholders, largely in their 40s, desired to obtain a measure of liquidity to reduce their risk concentration. In addition, they...

VI Engineering, LLC has been acquired by Stantec Consulting Services
Project

VI Engineering, LLC has been acquired by Stantec Consulting Services

The Selling Company: VI Engineering is a leading provider of power engineering design and project-based consulting services nationwide. The company is able to work across the U.S. on short notice due to arrangements established with the National Council of Examiners for Engineering and Surveying (NCEES). The firm is recognized for its high degree of technical...

M&M Environmental Oil Field Svcs. has been acquired by Omega Capital
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M&M Environmental Oil Field Svcs. has been acquired by Omega Capital

The Selling Company: M&M Environmental Oil Field Services, LLC Why the company was sold: M&M was growing very rapidly and eventually outgrew its equity. Rather than take on additional debt, the principals decided to partner with a private equity company that could keep up with the financial needs of the company in order to realize...

Hason Steel Inc. has acquired Odom Industries, Inc.
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Hason Steel Inc. has acquired Odom Industries, Inc.

The Selling Company: Odom Industries, Inc. is a provider of specialized custom formed segmental heads and the manufacturer of large, heavy and complex process equipment utilized by the petrochemical, power generation and oil and gas industries. Why the company was sold: Long lead times, capital constraints and growing business demand placed significant restrictions on the...

Modernfold, Inc. has been acquired by DORMA Group, North America
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Modernfold, Inc. has been acquired by DORMA Group, North America

The Selling Company: Modernfold, Inc. designs, manufactures, and sells moveable wall systems typically used in hotels, convention centers, and other commercial buildings. With a 75-year history, this company is the second largest manufacturer in the world of such products with annual sales exceeding $40 million per year. Why the company was sold: The company’s primary...

Panhandle Oilfield Service has sold an 80% stake to Akoya Capital
Project

Panhandle Oilfield Service has sold an 80% stake to Akoya Capital

The Selling Company: Panhandle Oilfield Service Companies, Inc. Why the company was sold: Customers were clamoring for the company to continue to grow and add services. The shareholders wanted to grow the company as well, but did not want to continue to personally guarantee the debt. They felt that, with additional strategic management oversight and...