LXP Recapitalizes Black Creek Integrated Systems Corp.

Brookfield and CPP Investments to Acquire LXP Industrial Trust in $5.2B All-Cash Deal

July 20, 2026

Infrastructure

Brookfield Asset Management and Canada Pension Plan Investment Board (CPP Investments) have entered into a definitive merger agreement to acquire LXP Industrial Trust in an all-cash transaction valued at approximately $5.2 billion, including net debt and preferred equity. LXP shareholders will receive $61.20 per share in cash, and the deal is expected to close in the fourth quarter of 2026, subject to customary approvals and conditions.

Northstar Capital Invests in Loss Prevention Services (LPS)

March 6, 2025

Professional Services

Northstar Capital provided mezzanine debt and an equity co-investment to Loss Prevention Services (LPS), a portfolio company of Clearview Capital, to help finance the transaction. LPS is a tech-enabled outsourced vehicle recovery provider based in Natchez, Mississippi; the investment was made by Northstar Mezzanine Partners VIII L.P. as its eleventh platform investment.

Leelanau Private Capital Recapitalizes Chippewa Concrete Services; Midwest Mezzanine and Oxer Capital Provide Junior Capital

July 9, 2024

Construction

Leelanau Private Capital completed a recapitalization of Chippewa Concrete Services, a Chippewa Falls, Wisconsin specialty concrete contractor, with subordinated debt and equity provided by Midwest Mezzanine and Oxer Capital. The financing supports a recap alongside the company's largest shareholders, Barry Bohman and Kevin Patrow, to provide shareholder liquidity and support continued operations serving state DOTs, municipalities and roadway contractors.

Iron Creek Partners Recapitalizes Midwest Backgrounds (MBI Worldwide)

December 3, 2021

Professional Services

Iron Creek Partners led a recapitalization of Midwest Backgrounds, Inc. (MBI Worldwide) in a transaction that closed in September 2021, with participation from MBI's management team and Main Street Capital Corporation. The investment provides growth capital to support MBI's expansion of its employment background screening and consumer reporting services; financial terms were not disclosed.

Brookside Capital Partners Recapitalizes Lynn Electronics, LLC

April 14, 2021

Telecommunications

Brookside Capital Partners provided senior debt and an equity co-investment to recapitalize Lynn Electronics, LLC, a portfolio company of NewSpring Mezzanine Capital. Lynn is an assembler and distributor of fiber-optic and copper cabling and connectivity components for data centers and wired/wireless communications.

Iron Creek and SKP Holdings Recapitalize Prism Visual Software, Inc.

September 24, 2019

Software

Iron Creek Partners, alongside investor SKP Holdings (led by Shashank Patel), completed a recapitalization of Prism Visual Software, a Roslyn, New York-based provider of direct store delivery (DSD) and route accounting software. Shashank Patel joined as CEO and Lorraine Keating will remain as President; the investment is intended to support Prism’s product development, organic growth and potential acquisitions in the DSD software space.