News

“As a founder-owned company with employees who were like family, we were looking for a strategic partner which would respect the history and capabilities that made Impact Unlimited a leader in the experiential marketing industry. Silvergrove worked diligently to understand Impact: our markets, structure, operations, clients and, most importantly, our potential. As our exclusive financial advisor, Silvergrove presented several potential acquirers in a competitive process, resulting in a strong strategic match with a private equity backed company which shared the vision that drove the growth of Impact for over 40 years. We highly recommend Silvergrove for their dedication and trustworthiness.”

-Richard & Barbara Nelson, Founders, Impact Unlimited

Delavan Acquires United States Controls

Silvergrove Advisors LLC (“Silvergrove”) is pleased to announce the acquisition of United States Controls (“USC” or “the Company”), based in Poland, Ohio, by Cheshire, U.K. based Delavan LTD (“Delavan”), a sister company of R.W. Beckett Corporation, based in North Ridgeville, Ohio.
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XL Parts | The Parts House Acquires Alliance Auto Body Parts

Silvergrove Advisors LLC (“Silvergrove”) is pleased to announce the acquisition of Alliance Automotive, Inc. and Alliance Auto Body Parts, Inc. based in Houston, Texas by XL Parts | The Parts House, subsidiaries of Marubeni Automotive Aftermarket Holdings, a division of Tokyo, Japan based Marubeni Corporation. Read More (PDF)

ARI-Armaturen Acquires Warren Controls, Inc. to Expand its Presence in the USA

Silvergrove Advisors LLC (“Silvergrove”) is pleased to announce the recent acquisition of Warren Controls, Inc. (“Warren Controls”), a manufacturer of control valves based in Bethlehem, PA, by ARI-Armaturen Albert Richter GmbH & Co. KG (“ARI”), a leading European valve-industry company based in Schloß Holte-Stukenbrock, Germany. Silvergrove initiated this transaction and served as exclusive financial advisor to Warren Controls and its shareholders. Read More (PDF)

Sherburne Partners Invests in Digital Color Concepts

Silvergrove Advisors LLC (“Silvergrove”) is pleased to announce the recent majority equity recapitalization of Digital Color Concepts (“DCC” or the “Company”) by Sherburne Partners (“Sherburne”). Read More (PDF)

Kinderhook Partners with Continental Auto Parts

Silvergrove Advisors LLC (“Silvergrove”) is pleased to announce the recent acquisition of Continental Auto Parts, LLC (“Continental Auto Parts” or “CAP”) by Kinderhook Industries, LLC (“Kinderhook”) in partnership with management. Read More (PDF)

Flow Control Group Acquires Fox Valley Fittings & Controls, Inc.

Silvergrove Advisors LLC (“Silvergrove”) is pleased to announce that Fox Valley Fittings & Controls, Inc. (“Fox Valley”) has been acquired by Flow Control Group (“FCG”), a portfolio company of KKR & Co., Inc. (“KKR”). Read More (PDF)

Flow Control Group Acquires Components and Controls, Inc.

Silvergrove Advisors LLC (“Silvergrove”) is pleased to announce that Components and Controls, Inc. (“CCI”) has been acquired by Flow Control Group (“FCG”), a portfolio company of KKR & Co., Inc. (“KKR”). Read More (PDF)

Bioactive Resources and Affiliates Complete Recapitalization

Bioactive Resources, LLC and its affiliates Safe Sterilization USA, LLC and SSUSA West, LLC (collectively, the “Company”) recently announced they have been recapitalized by a group of private investors lead by Pratham Naik (collectively, “Peepal Tree Capital”). Read More (PDF)

New State Capital Takes Majority Stake in Wilmington Paper

New State Capital Partners (“New State”) today announced that an affiliate has made a majority equity investment in Wilmington Paper Corp. and its related affiliates (“Wilmington Paper” or “the Company”). Read More (PDF)

OneBeacon Acquires International Bond & Marine Brokerage, Ltd.

OneBeacon Insurance Group, based in Plymouth, Minnesota and the brand for the U.S. insurance company subsidiaries of Toronto based Intact Financial Corporation (TSX: IFC), recently announced that it has acquired International Bond & Marine Brokerage, Ltd. (“IB&M”). Read More (PDF)

Winpak Acquires Control Group

Winpak Ltd. (“Winpak” or the “Company”) (TSX:WPK) announced on October 1st that it has signed a definitive agreement to acquire privately owned Cheringal Associates, Inc. and Norwood, Printing, Inc. (collectively dba “Control Group”) located in Norwood, New Jersey. Read More (PDF)

Tenex Partners with Empire Auto Parts

New York based Tenex Capital Management (“Tenex”) recently announced a new platform investment in Empire Auto Parts (“Empire” or the “Company”), a distributor of automotive parts to collision repair centers in the Mid-Atlantic and Northeastern U.S. Read More (PDF)

Where Food Comes From® Acquires Controlling Interest in SureHarvest

Where Food Comes From, Inc. (WFCF), the most trusted resource for independent, third-party verification of food production practices in North America, recently announced its acquisition of a controlling interest in SureHarvest, Inc., a leading provider of agri-food sustainability solutions. Read More (PDF)

Wind Point Merges St. George Logistics and AZ Corp.

Chicago based Wind Point Partners recently announced that the holding company for its portfolio company St. George Logistics (“STG”), North America’s largest provider of outsourced container freight station (“CFS”) services and a leading provider of value-added warehousing and distribution solutions, has expanded its leading position in outsourced import/export services through the acquisition of AZ Corporation (“AZ”). Read More (PDF)

Olympus Acquires AmSpec from Incline

Incline Equity Partners (“Incline”), a private equity firm focused on making investments in lower middle-market growth companies, is excited to announce the sale of AmSpec Holding Corp. (“AmSpec” or the “Company”) to Connecticut-based Olympus Partners. Read More (PDF)

Saffron Road Parent Acquires Mediterranean Snack Foods

American Halal Co., Inc., parent company of Saffron Road, has acquired Mediterranean Snack Foods Co., L.L.C. Financial terms of the transaction were not disclosed. Read More (PDF)

Impact Unlimited Merges with Aura XM

Impact Unlimited Inc., based in Dayton, NJ, recently announced its merger with Aura XM, based in Ontario, Canada, to form the new global experiential marketing agency Impact XM. Read More (PDF)

Inland Technologies Acquires Contego Systems

Inland Technologies International Limited, a subsidiary of the Bragg Group of companies, based in Nova Scotia, Canada, recently announced the acquisition of Contego Systems, LLC, a subsidiary of Group One Investments, LLC, based in Newark, NJ… Read More (PDF)

Where Food Comes From® Acquires Sterling Solutions

Where Food Comes From, Inc. (“WFCF” d.b.a. “IMI Global”) (OTCQB: WFCF), based in Castle Rock, Colorado, recently announced the acquisition of Sterling Solutions, LLC, based in Vale, Oregon… Read More (PDF)

Where Food Comes From® Acquires Controlling Interest in Validus’ Auditing Business

Where Food Comes From, Inc. (“WFCF” d.b.a. “IMI Global”) (OTCQB: WFCF), based in Castle Rock, Colorado, recently announced the acquisition of a controlling interest in the auditing business of Validus Ventures, LLC, based in Urbandale, Iowa… Read More (PDF)

Incline Equity Partners Announces Investment in AmSpec

Incline Equity Partners, a middle market private equity firm based in Pittsburgh, PA, recently announced the addition of AmSpec Services to its portfolio. AmSpec, headquartered in Linden, NJ, is a leading provider of testing, inspection and certification services to the oil, gas and petrochemical industries… Read More (PDF)

Seacoast Capital Completes Recapitalization of FAPS, Inc.

Seacoast Capital, a leading financial sponsor to middle market companies based in Danvers, MA, has completed the recapitalization of FAPS, Inc., a third generation family owned company based in Port Newark, NJ. FAPS, founded by John LoBue in 1956 as “Foreign Automotive Preparation Service”… Read More (PDF)

IMI Global Acquires Controlling Interest in ICS

Integrated Management Information, Inc. (“IMI Global”) (OTCBB: INMG), based in Castle Rock, Colorado, a leading provider of verification services to the food and agriculture industries, recently announced it has acquired a controlling interest in International Certification Services… Read More (PDF)

EIS, Inc. Acquires Assets of Light Fabrications, Inc.

EIS, Inc., a wholly-owned subsidiary of Genuine Parts Company (NYSE: GPC), has acquired the assets of Light Fabrications, Inc.(“Light Fab”) based in Rochester, NY. Light Fab was founded in 1977 and is a custom engineered fabricator, converter and contract manufacturer… Read More (PDF)

IMI Global Completes Recapitalization

IMI Global (OTCBB:INMG) recently completed the recapitalization of its balance sheet by Great Western Bank, a subsidiary of National Australia Bank (NYSE:NAB). IMI, based in Castle Rock, Colorado, is a leading provider of independent third party verification services… Read More (PDF)

Mediterranean Snack Food Company Completes Growth Financing

The Mediterranean Snack Food Company (“MSFC”), a privately owned company based in Boonton, NJ, recently completed a private placement with The Provident Bank to fund the Company’s growth strategy… Read More (PDF)

Eureka Growth Capital Completes Recapitalization of Fleetsource LLC

Eureka Growth Capital (“Eureka”) today announced its recapitalization, in partnership with senior management, of Fleetsource LLC (“Fleetsource”), a leading regional provider of diversified products and services to the medium-duty and heavy-duty truck and diesel-powered equipment markets… Read More (PDF)

ITW Performance Polymers & Fluids Acquires Stokvis Tape Group

ITW Performance Polymers & Fluids, a business segment of Illinois Tool Works (NYSE: ITW), has acquired Stokvis Tape Group B.V., an international supplier of more than 3500 specialty self-adhesive tape and foam products. Based in The Netherlands, Stokvis provides manufacturers with top-quality bonding, sealing, shielding, masking, insulating, and packaging solutions… Read More (PDF)

ITW Performance Polymers Acquires M&C Specialties

ITW Performance Polymers, an Illinois Tool Works company, has acquired M&C Specialties Co., a Pennsylvania-based contract manufacturer of custom-fabricated die-cut adhesive components, tapes, and labels to markets around the world… Read More (PDF)

Hubbell Grows Power Business Through Three Acquisitions

Hubbell Power Systems (Orange, Connecticut, U.S.) has acquired USCO Power Equipment Corp., CDR Systems Corp. and ElectroComposites Inc. Financial terms of the deals were not disclosed… Read More (PDF)