Capitol Meridian Partners and Stellex Capital Management Complete Carve-Out Acquisition of Beaufort from Survitec

Stellex Capital Management Acquires RTC Aerospace

March 21, 2022

Manufacturing

Stellex Capital Management completed a platform investment in RTC Aerospace LLC, a manufacturer of high-precision machined components for commercial and military aerospace customers. Stellex will support RTC’s organic growth and pursue an M&A-focused expansion strategy while existing investor/executive Brad Hart remains on the cap table and Dave Herr joins as a partner for growth.

Stellex Capital Continuation Vehicle Acquires Interests in Fenix Parts

April 10, 2024

Automotive

Stellex Capital Management closed a single-asset continuation vehicle that acquired interests in Fenix Parts, providing follow-on capital to support organic growth and the company’s add-on M&A pipeline. Concurrently, Fenix refinanced its debt with TCW Private Credit Group as lead lender; Evercore served as financial advisor and Kirkland & Ellis and Greenberg Traurig as legal counsel.

EnCap Energy Transition Commits Growth Capital to Bleutec Industries

November 30, 2022

Renewable Energy

EnCap Investments (via its EnCap Energy Transition platform) has made a significant equity commitment to Bleutec Industries, a Houston-based builder, owner and operator of Jones Act‑compliant offshore wind turbine installation vessels. Bleutec management is co-investing alongside EnCap to accelerate development of its Binary Marine Installation Solution (BMIS) and build out Jones Act vessels to support U.S. offshore wind projects.

Survitec Group Acquires Hansen Protection from IK Investment Partners

May 6, 2021

Manufacturing

Survitec Group Ltd has acquired Hansen Protection AS from IK Investment Partners (IK VII Fund). Financial terms were not disclosed; the deal combines Hansen Protection’s immersion suits, protective rainwear and coated-textile capabilities with Survitec’s global survival-technology portfolio to broaden product offerings across marine, energy and defence end markets.

Kent Outdoors (Seawall Capital) Acquires BOTE from Prairie Capital VI

January 20, 2022

Consumer Products

Kent Outdoors, the Seawall Capital-backed outdoor platform (formerly Kent Watersports), acquired BOTE from Prairie Capital VI as an add-on to expand its portfolio of outdoor consumer brands. The deal, announced alongside Kent's rebrand and the acquisition of Kona Bicycles, follows Prairie Capital's multi-year partnership that helped BOTE grow significantly during its hold period.

Astorg Acquires Majority Stake in Steliau

February 26, 2024

Industrial Services

Astorg, a European private equity firm, has signed an agreement to acquire a majority stake in Steliau, a pan-European value-added distributor (VAD) of electronic solutions, from B&Capital. Steliau, founded in 1992 and headquartered in Montrouge, France, employs more than 200 people across eight countries and will partner with Astorg to accelerate organic growth and execute a buy-and-build strategy.