First Capital Partners Invests in Adolph Kiefer & Associates to Support Acquisition of The Lifeguard Store

Capital For Business Leads Investment in Kupferle, LLC

January 1, 2023

Manufacturing

Capital For Business, Inc. (CFB), together with affiliates Independent Bankers Capital Fund (IBCF) and the Joseph Adorjan family, completed an investment in Kupferle, LLC, a St. Louis-based manufacturer of water hydrants, sampling stations and monitoring/flushing solutions. Founder Dan McKeague partnered with the investor group, remains involved as a board member and investor, and Michael Adorjan has joined Kupferle as CEO as the group looks to pursue organic growth and potential add-on acquisitions.

Blackford Capital Invests in Aqua‑Leisure Industries

January 13, 2021

Consumer Products

Grand Rapids-based private equity firm Blackford Capital announced a majority investment in Aqua‑Leisure Industries, a Boston-area designer, manufacturer and distributor of water-sport and pool leisure consumer products. Blackford said it will support organic growth, expand distribution and pursue add-on acquisitions while the Aqua‑Leisure management team remains in place; financing partners included Mercantile Bank and Muzinich & Co., with Rush Street advising on debt financing.

KPS Capital Partners to Acquire Life Fitness (Brunswick's Fitness Business)

May 6, 2019

Manufacturing

KPS Capital Partners has signed a definitive agreement to acquire Brunswick Corporation's fitness business, including the Life Fitness brand, for approximately $490 million in cash. The transaction, a divestiture of Brunswick's fitness division, will establish Life Fitness as an independent company headquartered in Rosemont, Illinois, and is expected to close in Q2 2019, subject to customary approvals.

Capital For Business Acquires Lake Air Companies

March 15, 2017

Manufacturing

Capital For Business, Inc. (CFB) completed the acquisition of Lake Air Companies, a Minneapolis-based precision metal manufacturer. CFB partnered with The Mendota Group, Aldine Capital Partners and Lake Air's management team to complete the transaction, providing capital and ownership transition to support future growth.

Aldine Invests in Firehouse Strategies and Fisher Nut Company

September 28, 2022

Marketing & Advertising

Aldine Capital Partners provided subordinated debt and an equity investment in two companies: Firehouse Strategies (alongside Semper Fi Partners) and Fisher Nut Company (alongside Rural American Fund). The investments are growth-capital financings intended to support expansion and operations for the two businesses — a Washington, D.C. public affairs/PR firm and an almond processing company based in Modesto, California.

Charlesbank Capital Partners Invests in Lido Advisors

May 24, 2021

Wealth Management

Charlesbank Capital Partners has entered a strategic investment partnership with Lido Advisors, becoming a significant investor alongside Lido’s founders and management. The growth-capital investment will support Lido’s expansion of services, broaden its investment offerings, and accelerate its organic growth and M&A strategy; financial terms were not disclosed.