SeaFort Capital Acquires Majority Stake in GHY International

Fortress Acquires Gyptech

November 27, 2024

Building Products

Funds managed by affiliates of Fortress Investment Group have acquired a majority stake in Gyptech, the Burlington, Ontario–headquartered designer and fabricator of gypsum wallboard and asphalt-shingle manufacturing equipment. The transaction (in which Gyptech management retains a minority stake) was announced as providing strategic support for global growth, scaling innovative technologies, and expanding aftermarket and energy‑reduction offerings; Wynnchurch Capital is the selling private equity sponsor. Moelis acted as Fortress's financial advisor and Evercore as placement agent on the financing.

MarineMax Acquires IGY Marinas

August 9, 2022

Real Estate

MarineMax, Inc. agreed to acquire Island Global Yachting LLC (IGY Marinas) for $480 million in cash plus a potential earnout of up to $100 million, expanding MarineMax's global marina and superyacht services footprint. The transaction, expected to close in the first half of fiscal 2023 (closed effective October 1, 2022 per follow-up release), adds 23 luxury marinas, a yacht management platform and the IGY Trident membership program while IGY's management will remain in place.

SeaFort Capital Makes Majority Investment in Parts for Trucks, Inc.

June 2, 2022

Transportation

SeaFort Capital has made a majority investment in Parts for Trucks, Inc., a Dartmouth, Nova Scotia-based distributor and service provider for heavy-duty truck parts operating 16 locations across Atlantic Canada and Ontario. The deal is SeaFort's first platform investment from Fund II and will support Parts for Trucks' growth strategy through new products, service expansion, greenfield initiatives and strategic acquisitions while the existing senior leadership team remains in place.

Hg Acquires Majority Stake in TrustQuay from Silverfleet Capital

October 4, 2022

Cloud & SaaS

Hg has become the majority investor in TrustQuay, a Fleet, England–based provider of trust, corporate and fund services software, with former majority owner Silverfleet Capital fully exiting. The investment will support TrustQuay's global expansion and rollout of its SaaS product TrustQuay Online as the business accelerates digitalisation across the trust, corporate and fund administration market.

Island Global Yachting Acquires Fairport Yacht Support

October 28, 2021

Transportation

Island Global Yachting (IGY) has acquired a controlling interest in Fairport Yacht Support, a yacht management company founded by Graeme Lord in 2011. The combination expands IGY's suite of owner services and launches IGY TRIDENT, a membership program that integrates yacht management, dockage, fuel, crew services and other premium offerings for superyacht owners.

GHK Capital Partners Acquires Horizon Air Freight from ICV Partners

August 26, 2024

Logistics & Distribution

GHK Capital Partners LP has completed the acquisition of Horizon Air Freight (Horizon Group) from ICV Partners, marking a control buyout of the global maritime logistics and freight forwarding specialist. The deal will enable GHK to accelerate Horizon's global expansion, pursue profitability improvements and further inorganic growth across the fragmented marine spare-parts logistics market.