Investment Group Led by Jonathan Scott Acquires Phyn from Belkin

Thomas H. Lee Partners' THL Automation Fund Leads $23.5M Growth Investment in Phytech

September 22, 2020

Agriculture

Phytech Ltd., an Israeli digital farming and IoT provider, raised $23.5 million in growth funding from funds managed by Thomas H. Lee Partners (including THL Automation Fund L.P.) and existing anchor investors. The capital will be used to accelerate development of irrigation automation capabilities and support Phytech's global market expansion; THL Managing Director Josh Bresler joined Phytech's board as part of the transaction.

Platinum Equity Acquires Pelican Products

December 31, 2021

Manufacturing

Platinum Equity has completed its acquisition of Pelican Products, a Torrance, California-based manufacturer of high-performance protective cases, portable lighting systems and temperature-controlled packaging (Peli BioThermal). The deal, purchased from Behrman Capital, positions Pelican as a platform for growth under Platinum Equity with management, led by CEO Phil Gyori, remaining in place; financial terms were not disclosed.

Quench (a Culligan Company) Acquires Scott Pure Water, LLC

May 28, 2020

Environmental Services

Quench, a Culligan company headquartered in King of Prussia, Pennsylvania, has acquired substantially all of the assets of Scott Pure Water, LLC, a point-of-use water filtration dealer based in Sonoma County, California. The deal expands Quench’s dealer footprint in the San Francisco Bay metro area, adding hundreds of recurring-revenue customers and continuing Culligan/Quench’s roll-up of independent dealers.

The Lynx Group Acquires Upstream Partners

August 13, 2020

Healthcare Services

The Lynx Group has acquired Upstream Partners to form a new division focused on providing pharmaceutical and biotech clients with market-informed insights across product life cycles. The acquisition combines TLG's channels and ecosystems with Upstream Partners' relationships with key opinion leaders to enhance pre- and post-market strategy, launch readiness, and lifecycle management—particularly in oncology.

GIC Leads $135M Growth Investment in Powin LLC

July 14, 2022

Renewable Energy

Powin LLC, a US-based designer and manufacturer of grid-scale energy storage systems, received a $135 million growth equity investment led by GIC with participation from Trilantic Energy Partners North America, Energy Impact Partners, and Samsung Ventures. The capital will be used to scale Powin's global manufacturing, further develop its product suite and software, and support supply-chain and international growth.

Incline Equity Partners Invests in AquaPhoenix Scientific

August 10, 2021

Manufacturing

Pittsburgh-based private equity firm Incline Equity Partners has partnered with AquaPhoenix Scientific, a Hanover, Pennsylvania-based value-added distributor and private-label manufacturer of water treatment testing products and education kits. Incline intends to support AquaPhoenix’s growth and platform consolidation strategy by investing in technology and operational improvements to accelerate expansion and pursue add-on opportunities.