Engelhart Commodities Trading Partners Acquires Trailstone

NGL Energy Partners LP Acquires Hillstone Environmental Partners from Golden Gate Capital

November 1, 2019

Oil & Gas

NGL Energy Partners LP has agreed to acquire all equity interests of Hillstone Environmental Partners LLC from Golden Gate Capital for approximately $600 million. The acquisition adds Hillstone's produced water pipelines and disposal well network in the Northern Delaware Basin to NGL's existing Delaware Basin water platform, increasing disposal and transportation capacity and providing long-term contracted volumes.

SRM Equity Partners Partners with Stone Enterprises

September 22, 2025

Manufacturing

SRM Equity Partners has made a strategic investment in Stone Enterprises, a precision manufacturer of aftermarket parts and equipment for the food processing industry, with founder Tracy Stone retaining a meaningful equity stake and remaining as CEO. The partnership will provide operational resources and capital to scale the business, expand solutions, invest in technology, and pursue strategic acquisitions across North America.

Stonepeak Infrastructure Partners Acquires TRAC Intermodal

February 18, 2020

Transportation

Stonepeak Infrastructure Partners has signed a binding agreement to acquire TRAC Intermodal from investment funds managed by an affiliate of Fortress Investment Group LLC. The purchase gives Stonepeak a leading intermodal infrastructure platform—TRAC will keep its existing management team and continue operating its nationwide chassis fleet and service businesses under the new sponsor.

Cairngorm Capital Partners Acquires Grant & Stone

November 18, 2019

Building Products

Cairngorm Capital Partners has acquired Grant & Stone Limited, a High Wycombe–based independent builders' merchant, and its ecommerce subsidiary Trading Depot UK Limited from the founding shareholders. The private equity firm will support management with capital and strategic guidance to expand the business via new branches and add-on acquisitions across the Thames Valley.

Valstone Acquires Henning Industrial Software

June 5, 2023

Software

Valstone Corp. has acquired Henning Industrial Software, the maker of Visual EstiTrack and Visual Books ERP/shop-management software for small- and medium-sized manufacturers. Valstone plans to integrate Henning into its industrial ERP vertical and invest in product development and growth while preserving the company's products and team.

Golden Gate Capital Launches Stonehill Environmental Partners and Acquires Waterfield Midstream Assets

April 15, 2021

Energy

Golden Gate Capital launched a new energy infrastructure platform, Stonehill Environmental Partners, led by CEO Jay Parkinson, and is the platform's anchor investor. As Stonehill's first acquisition, Golden Gate acquired the assets of Waterfield Midstream in the Permian Basin (Martin County, Midland Basin) to serve as the flagship investment for the water pipeline, recycling and disposal business.