NBP Capital Acquires Remaining Interest and Management Rights in the Woodlark Hotel from Provenance Hotels

Woodlawn Partners Acquires NH Holdings (New Horizon Foods)

October 29, 2021

Food & Beverage

Chicago-based private equity firm Woodlawn Partners acquired NH Holdings (the holding company for New Horizon Foods and Consolidated Management Company) from founder Jim Dyvig on October 29, 2021. NH Holdings, based in Minneapolis, manages contract foodservice programs across senior housing, education, treatment centers and county jails (over 170 customer sites in 15 states); the deal supports founder succession and plans for accelerated growth and operational improvements.

Nigel Wright Group Management Buys Out Baird Capital and Beechbrook Capital

February 9, 2022

Staffing & HR

Nigel Wright Group refinanced and completed a management-led purchase of all outstanding equity from institutional shareholders Baird Capital and Beechbrook Capital, marking Baird Capital’s full exit following the MBO initiated in October 2020. The Newcastle upon Tyne–headquartered recruitment and executive search firm will continue as a private, management-owned business focused on the consumer sector across Europe.

Waverly Advisors Acquires NBW Capital, LLC

March 28, 2025

Financial Services

Waverly Advisors, a Birmingham-based RIA backed by Wealth Partners Capital Group and HGGC's Aspire Holdings, has acquired Boston-based NBW Capital, adding approximately $500 million of AUM and expanding Waverly into Massachusetts. The entire NBW team will join Waverly (except Ben Niedermeyer, who is retiring); the transaction closed on March 28, 2025 and is intended to bolster Waverly's equity strategy management capabilities.

Wellspring Capital Management Recapitalizes HealthPRO Heritage

March 9, 2021

Healthcare Services

Wellspring Capital Management has closed a recapitalization of HealthPRO Heritage, a Hunt Valley, Maryland-based provider of contract therapy and clinical services to post-acute and home health providers. The transaction was a purchase from BPOC; HealthPRO Heritage management retains a significant equity stake and Wellspring plans to support the company's next phase of growth and add-on activity.

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.

TJC / Resolute Fund VI Acquires Wedgewood Weddings from Prospect Partners

June 24, 2025

Restaurants & Hospitality

TJC, L.P. (via an affiliate of The Resolute Fund VI, L.P.) has acquired Wedgewood Hospitality Group, Inc. (Wedgewood Weddings) from Prospect Partners. Wedgewood, a Temecula, California–based operator of over 75 wedding venues across eight states with ~2,000 employees, will remain led by CEO Bill Zaruka and will use the new investor resources to support organic growth, new venue openings and operational improvements.