Vesterra Capital Partners, formerly known as Comvest Private Equity, has announced the acquisition of PHFM from Powerhouse Services, a Lincolnshire Management portfolio company. This transaction will position PHFM as an independent facilities maintenance provider serving commercial clients nationwide.
Velan Holding Co. Ltd. has agreed to sell its controlling stake in Velan Inc. to Birch Hill Equity Partners Management Inc. for C$13.10 per share. The transaction, worth C$203,922,040.80 in total, transfers approximately 72.1% of Velan’s outstanding shares and 92.8% of voting rights to Birch Hill.
Japan’s aging population is creating a succession challenge for countless family-run businesses. With fewer heirs stepping in, private equity firms are seizing this chance to invest in and restructure these companies, sparking a new wave of deals.
Cincinnati-based Roebling Capital is making significant strides as a key portfolio company acquires a contracting firm in the Tri-State area. This move marks a notable expansion for the private equity firm and may signal broader shifts within the contracting industry.
Tecum Capital has reached a significant milestone with its latest fund by investing in a contract fragrance maker. This strategic move not only advances their new fund but also leverages resources from their previous fund, showcasing an innovative investment approach.
