Watervale Equity Partners Recapitalizes PGF Technology Group and MIS Controls

Farragut Capital Partners and Watervale Equity Partners Recapitalize EMX Industries

July 25, 2024

Manufacturing

Farragut Capital Partners provided senior subordinated debt and equity to support a recapitalization of EMX Industries alongside Watervale Equity Partners and members of EMX’s senior leadership, including CEO Joseph Williams. EMX, a Cleveland-based manufacturer of electronic sensors for access control and industrial automation, will use the transaction to support growth and future momentum under the new capital structure.

Waterland Private Equity Partners with pgb-Group to Accelerate European Expansion

March 11, 2025

Manufacturing

Waterland Private Equity has partnered with family-owned pgb-Group, the Belgian market leader in fastening materials, to support pgb's international growth and consolidation across Europe. The transaction gives Waterland joint control and will fund further automation, capacity expansion and acquisitions as pgb pursues a strategy to become a European market leader; pgb is headquartered in Melle, Belgium and generates over €80 million in revenue.

Mosaic Capital Partners Invests in Gautier Steel ESOP

August 11, 2023

Manufacturing

Mosaic Capital Partners led an investment into the newly formed Gautier Steel Holdings Inc. ESOP, supporting the combination of two mills operating in Johnstown, Pennsylvania. Financial partners in the transaction included Tecum Capital, Salem Investment Partners and Patriot Capital, and CEO Glen Buckley will continue to lead the business while employees receive substantial retirement benefits through the ESOP.

Candescent Partners Recapitalizes Imagine Technology Group with Parkway Capital, Eagle Private Capital and Midwest Mezzanine

January 13, 2022

IT Services

Candescent Partners led a recapitalization of Imagine Technology Group (ITG), partnering with ITG's senior management while mezzanine investors Parkway Capital, Eagle Private Capital and Midwest Mezzanine provided subordinated debt and equity. Headquartered in Chandler, Arizona, ITG is a managed technology service provider specializing in copy and print equipment sales, managed print services, and IT services serving customers throughout Arizona.

United Flow Technologies Acquires Quality Controls, Moss-Kelley and GP Jager

April 4, 2025

Industrial Services

United Flow Technologies (a portfolio company of H.I.G. Capital) has acquired Quality Controls, Inc. from its owners and announced the strategic add-on acquisitions of Moss-Kelley and GP Jager to expand UFT's regional density and capabilities across the Eastern U.S. PKF Investment Banking served as exclusive financial advisor to Quality Controls. The acquisitions bolster UFT's footprint in the municipal and industrial water and wastewater markets and add distribution and manufacturers' representative capabilities.

Mayfair Equity Partners Acquires Majority Stake in Jersey-based VG

July 17, 2024

Financial Services

Mayfair Equity Partners has acquired a majority stake in VG, a Jersey-based provider of private wealth, corporate and fund administration services, investing alongside VG's current management team. Crescent Capital Group's European Specialty Lending strategy provided financing to support the transaction; financial terms were not disclosed.