Weinberg Capital Group Acquires Drake Waterfowl Systems; Northstar Capital Provides Financing

Weinberg Capital Group Acquires Drake Waterfowl Systems

September 20, 2021

Consumer Products

Weinberg Capital Group, a Cleveland-based family office, has acquired Drake Waterfowl Systems, a Mississippi-based maker of hunting, fishing and casual outdoor apparel. WCG said it will partner with Drake's management to grow the business and is actively seeking add-on acquisitions to expand the Drake platform across retail and direct-to-consumer channels.

House of Outdoors (Rise Run Capital) Acquires DUX Waterfowl

April 6, 2021

Consumer Products

House of Outdoors Inc., a portfolio company of Rise Run Capital, acquired the DUX Waterfowl brand on March 31, 2021. The acquisition expands House of Outdoors' portfolio into the hunting apparel segment and was financed with debt from CrossFirst Bank.

Dragoneer, Neuberger Berman, Insight Partners and Temasek Invest $120M in Duck Creek Technologies

December 9, 2019

Cloud & SaaS

Duck Creek Technologies received a $120 million growth investment from Dragoneer Investment Group, funds advised by Neuberger Berman, Insight Partners, and Temasek. The capital will be used to fund product development, accelerate international expansion, and to repurchase equity from certain existing investors; J.P. Morgan served as sole placement agent.

North Branch Capital Acquires STARC Systems

September 12, 2023

Manufacturing

North Branch Capital, a Chicago-area private equity firm, has acquired a majority ownership stake in STARC Systems, a Brunswick, Maine-based manufacturer of reusable temporary modular wall containment solutions. The investment will fund product innovation and expansion into new end markets including data centers, airports and life science labs.

Kayne Anderson Rudnick and Whale Rock Join Prior Investors to Invest $230M in Duck Creek Technologies

June 10, 2020

Cloud & SaaS

Duck Creek Technologies, a Boston-based provider of SaaS core systems for the property & casualty insurance industry, received a $230 million investment commitment from Kayne Anderson Rudnick and Whale Rock alongside prior investors including Dragoneer, Insight Partners, Neuberger Berman and Temasek. The capital will fund product development and international expansion of Duck Creek OnDemand and enable the company to repurchase equity from certain existing investors; J.P. Morgan served as sole placement agent.

One Rock Capital Partners and Metropoulos & Co. Acquire Nestlé Waters North America

March 31, 2021

Food & Beverage

One Rock Capital Partners, in partnership with Metropoulos & Co., completed the acquisition of Nestlé Waters North America from Nestlé S.A. The deal transfers NWNA — the Stamford-based bottled water business that includes brands like Poland Spring and the ReadyRefresh delivery service and ~7,200 employees — to new private ownership to operate as an independent company focused on growth and operational improvement.