Angeles Equity Partners Acquires Solid Surface Care

Timoneer Strategic Partners Acquires Majority Stake in Solid Restoration

February 13, 2024

Environmental Services

Timoneer Strategic Partners acquired a majority ownership stake in Solid Restoration, a Escondido, California-based disaster restoration services provider. Grays Peak Capital, Phoenix3 Holdings and a consortium of high-net-worth investors co-invested alongside Timoneer to support Solid Restoration's growth and geographic expansion across Southern California and beyond.

Lynx Equity Acquires Creative Surfaces, Inc.

October 2, 2023

Manufacturing

Toronto-based private equity firm Lynx Equity Limited has acquired Creative Surfaces, Inc., a Sioux Falls, South Dakota manufacturer, distributor and installer of commercial casework, countertops, cabinetry and signage. Founder and CEO Jud Pins (former owner) sold the business and will remain in management; terms were not disclosed. Creative Surfaces has approximately 123 employees and $40 million in annual sales, and Lynx intends to leverage its existing sister companies to provide operational support and pursue synergies, including entry into the gaming market.

Bison Capital and Angeles Equity Partners Acquire Precision Surfacing Solutions

October 18, 2022

Manufacturing

Bison Capital Partners VI and an affiliate of Angeles Equity Partners, together with Brian Nelson, have acquired Lapmaster Parent, LLC (Precision Surfacing Solutions), a global manufacturer of precision lapping, grinding, polishing and surface finishing machinery. The investors — supported by an institutional investor group including Churchill Asset Management, General Electric Pension Trust, AIG, SSM Health, and Franklin Park — plan to operate PSS as two autonomous business units and pursue growth across semiconductor, aerospace, and industrial end markets.

Stellex Capital Management Acquires Crest Ultrasonics

October 3, 2025

Manufacturing

Stellex Capital Management, a New York-based private equity firm, has acquired Crest Ultrasonics, a global manufacturer of ultrasonic cleaning and welding equipment with operations in the United States, Europe and Asia. Stellex said it will partner with Crest's management to drive operational improvements, accelerate growth initiatives and expand the company's global footprint; terms were not disclosed.

Sun Capital Affiliate Acquires Select Interior Concepts (renamed Architectural Surfaces Group)

October 21, 2021

Building Products

An affiliate of Sun Capital Partners has completed the acquisition of Select Interior Concepts and the business has been renamed Architectural Surfaces Group (ASG). ASG, headquartered in Austin, Texas, is a national importer and distributor of natural stone, engineered stone and tile with 22 distribution centers and 20 showrooms; Sun Capital intends to support growth, digitization and consolidation initiatives.

Angeles Equity Partners Acquires Xanitos

June 29, 2021

Healthcare Services

Angeles Equity Partners, through an affiliate, acquired Xanitos, Inc., a specialized provider of environmental services (EVS), linen management, laundry, and patient transport services to hospitals and acute care settings nationwide. Stellus Capital Management provided unitranche financing and an equity co-investment to support the transaction; financial terms were not disclosed. Angeles said the deal establishes Xanitos as a specialist EVS platform to accelerate growth and consolidate the sector.