Pacific Avenue Forms Resin Solutions to Acquire Three Product Lines from TotalEnergies' Cray Valley

Pacific Avenue Capital Partners Acquires H.B. Fuller North American Flooring Business (Now TEC Specialty Products)

December 4, 2024

Building Products

Pacific Avenue Capital Partners has completed the acquisition of H.B. Fuller’s North American Flooring Business, which will operate as TEC Specialty Products. Headquartered in Aurora, Illinois, TEC manufactures flooring repair and installation products (adhesives, grouts, mortars and moisture mitigation systems) across six manufacturing facilities and three warehouses and will be positioned for growth under Pacific Avenue’s stewardship following the carve-out.

Polytek Development Corp. Acquires Specialty Resin & Chemical

September 7, 2021

Manufacturing

Polytek Development Corp., a portfolio company of Arsenal Capital Partners, acquired Specialty Resin & Chemical, a Dowagiac, Michigan–based supplier of mold making, casting, and coating resins. Daniel Wilson, the owner of Specialty Resin & Chemical, will remain in an active role; Genesis Capital served as financial advisor to Polytek.

MAPEI Acquires Resins Business Unit from SMAC (Resipoly & Eurosyntec)

January 11, 2022

Building Products

MAPEI has acquired the Resins business unit from SMAC (an OpenGate Capital portfolio company), including Resipoly and Eurosyntec. The divestiture completes SMAC’s exit from its manufacturing division as the company refocuses on its core works business (Travaux); terms were not disclosed.

PDC (Vance Street Capital-backed) Acquires Resenex

October 16, 2024

Medical Devices

PDC, supported by Vance Street Capital, has acquired Resenex to expand its fluid management product offerings for healthcare and biotechnology markets. The deal brings Resenex's OEM plastic fluid-flow components and patented check-valve technologies into PDC's precision injection-molding and value-added assembly platform to accelerate capability expansion and growth in adjacent medical and life-science end markets.

Second Avenue Acquires Pacific Oak Residential, Inc.

December 19, 2024

Real Estate

Second Avenue, a Tampa-based single-family rental platform, acquired Jacksonville-based Pacific Oak Residential, Inc., adding a 2,110-home portfolio valued at about $400 million. The deal expands Second Avenue's managed homes to 5,300 and raises its assets under management to $1.5 billion while extending its operating footprint to 21 states.

Pacific Avenue Capital Partners Acquires KiddeFenwal from Carrier Global

July 2, 2024

Manufacturing

Los Angeles-based private equity firm Pacific Avenue Capital Partners has acquired substantially all the assets of KiddeFenwal from Carrier Global Corporation after bankruptcy-court approval. The carve-out purchases the global fire suppression and safety controls manufacturer (headquartered in Ashland, Massachusetts) with the stated aim of stabilizing the business and investing to accelerate product innovation and global growth.