JZ Capital Sells Interests in US Microcap Portfolio to JZHL Secondary Fund (led by Hamilton Lane)

JZ Capital Partners Completes Sale of Interest in Salter Labs

June 21, 2021

Medical Devices

JZ Capital Partners Limited announced completion of the sale of its interest in Salter Labs, receiving net proceeds of approximately US$41.0 million (with a further approximately US$0.75 million placed in escrow subject to adjustments). The proceeds are intended primarily to repay around US$33.0 million to the Company's senior lenders, with the remainder applied in accordance with JZCP's investment policy and for general corporate purposes.

TZP Group Leads Recapitalization of Force Management

July 12, 2021

Professional Services

TZP Group’s TZP Small Cap Partners II has led a recapitalization of Force Management, partnering with the company's management team and existing investor Driehaus Private Equity, who will retain a meaningful stake. Force Management, a Charlotte-based provider of sales force training, sales effectiveness consulting and learning management software, will work with TZP to accelerate growth and expand its offerings.

Capital Z Acquires Portfolio Group from Frontenac

June 1, 2016

Insurance

New York-based private equity firm Capital Z Partners Management, LLC acquired Portfolio Group, Inc., a Lake Forest, California–based provider of vehicle service contracts, GAP insurance and other F&I products, from Frontenac Company, LLC. Management will remain in place with significant ownership; terms were not disclosed.

RLJ Equity Partners and LP First Capital Recapitalize Three Businesses to Form Flow Service Partners

July 7, 2021

HVAC & Mechanical

RLJ Equity Partners and LP First Capital recapitalized three HVACR and plumbing businesses to create Flow Service Partners, a commercial HVACR and plumbing platform headquartered in Nashville, Tennessee. Brookside Capital Partners provided unitranche debt and an equity co-investment to facilitate the transaction; RLJ will hold controlling equity and pursue add-on acquisitions to scale the platform.

KLH Capital and J2 Partners Recapitalize B. Jackson via Investment in Jackson Infrastructure Services

December 10, 2020

Infrastructure

KLH Capital, alongside J2 Partners, invested in Jackson Infrastructure Services to recapitalize B. Jackson Construction and Engineering, LLC and certain affiliates. Founder and CEO Bart Jackson will remain in place as the firms provide liquidity and capital to support growth across telecom, power, gas and other infrastructure markets.

Capital Z Partners Makes Initial Investment in Partners&; Partners& Completes Series of Insurance Advisory Acquisitions

April 17, 2020

Financial Services

U.K. insurance advisory group Partners& received an initial investment from U.S. private equity firm Capital Z Partners, enabling Partners& to complete the acquisition of four insurance advisory businesses. The deal supports Partners&'s ambition to build a unified group of specialist advisory partners and expand its capabilities across private medical insurance and other specialist broking services.