Astara Capital Partners Acquires Majority Stake in Cross City Lumber

Astara Capital Partners Invests in Ally Building Solutions

February 26, 2024

Building Products

Astara Capital Partners has made an investment in Ally Building Solutions, a Florida-based provider and installer of interior finishes and operator of design studios for new homebuilders. The founder Steve Spade will remain CEO as Astara brings capital, industry relationships, and operational support to accelerate Ally's growth and market share across Florida.

Spahn & Rose Lumber Co. Acquires City Lumber Co.

September 13, 2023

Building Products

Spahn & Rose Lumber Co. has acquired City Lumber Co., a family-owned lumber and building-materials supplier and truss manufacturer based in Huntsville, Alabama. The acquisition expands Spahn & Rose's footprint into Alabama and strengthens its manufacturing capabilities and regional presence in the Southeast.

Astara Capital Acquires Flexible Packaging Operations of Garlock Printing & Converting

January 28, 2021

Manufacturing

Astara Capital Partners has acquired the flexible packaging operations of Garlock Printing & Converting, marking Astara's first platform investment since the firm launched in June 2020. Garlock will continue to be led by founder and CEO Pete Garlock and will focus on expanding its flexible and sustainable film packaging capabilities with support from Astara and a team of experienced industry executives.

DC Capital Partners Acquires AstreaX

May 10, 2024

Government & Public Sector

DC Capital Partners Management, LP has made a controlling investment in AstreaX, a provider of software development and implementation services for DMV and government IT modernization. The investment will support AstreaX's expansion of its IT modernization offerings, digital identity and super-portal solutions across additional state and provincial jurisdictions.

Clearlake Capital Acquires Majority Stake in WhiteStar Asset Management

June 24, 2020

Financial Services

Clearlake Capital Group has acquired a majority stake in WhiteStar Asset Management from Pine Brook Capital Partners, partnering with WhiteStar's management team led by CEO Gibran Mahmud. The deal expands Clearlake's credit platform—bringing combined assets under management to approximately $24 billion—and positions WhiteStar to accelerate growth in CLOs and credit strategies.

Boyne Capital Acquires Master's Lumber & Hardware (Masters Building Products)

July 15, 2021

Building Products

Boyne Capital, through an affiliate, partnered with management to acquire Master's Lumber & Hardware, LLC dba Masters Building Products, a Florida-based developer, manufacturer and distributor of building products and branded flooring and millwork. The transaction is a platform investment by Boyne to support growth and expansion of Masters' product lines and distribution footprint across the Southeast United States.