CenterGate Capital Invests in Naumann/Hobbs Material Handling
October 1, 2019
CenterGate Capital has made an investment to acquire Naumann/Hobbs Material Handling, a Phoenix-based material handling equipment and service platform. Stellus Capital Management provided senior debt financing to support the transaction; the company was previously held by HCI Equity Partners and will use CenterGate's backing to expand its aftermarket service, parts platform and territorial reach across the Southwest.
- Buyers
- CenterGate Capital
- Targets
- Naumann/Hobbs Material Handling
- Sellers
- HCI Equity Partners
- Industry
- Industrial Services
- Location
- Arizona, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
CenterGate Capital Invests Growth Equity in AC Photonics
January 11, 2018
Manufacturing
CenterGate Capital, L.P. made an equity investment in AC Photonics, Inc., a Santa Clara-based manufacturer of precision optical and fiber-optic components and modules. Dinan Capital Advisors served as exclusive financial advisor to AC Photonics and its shareholders in the transaction, which provides capital and strategic support to accelerate the company's growth and operations.
-
CenterGate Capital Invests in RC Rasmussen Corporation
June 3, 2022
Industrial Services
CenterGate Capital's affiliate has made a growth investment in RC Rasmussen Corporation, a Seattle-based provider of specialized marine infrastructure equipment rental, sales, and service support. The capital will be used to expand Rasmussen's capabilities and geographic reach across North America while President Dan Ellis remains in place.
-
CenterGate Capital Acquires RC Rasmussen Corporation from Mangrove Equity Partners
August 18, 2022
Industrial Services
Mangrove Equity Partners announced the sale of RC Rasmussen Corporation, a Seattle-based provider of specialty marine infrastructure rental solutions, to CenterGate Capital. The transaction facilitated the fourth-generation Rasmussen family’s exit and transfers ownership to CenterGate after Mangrove and partner Hunter Equity Capital rebuilt management, expanded east-coast relationships and modernized operations.
-
CenterGate Capital Invests in Mid-State Industrial Maintenance
January 12, 2019
Industrial Services
Austin-based private equity firm CenterGate Capital has made an investment in Mid-State Industrial Maintenance, a Lakeland, Florida-based provider of on-site and off-site industrial maintenance and fabrication services. The investment will provide capital and strategic resources to support Mid-State's capability growth and geographic expansion across the southeastern United States, while CEO Jeff Clyne will continue to lead the company and serve on its board.
-
CenterGate Capital Invests in TransGo
January 16, 2024
Automotive
CenterGate Capital's affiliate has made an investment in TransGo, LLC, a long-established designer and manufacturer of aftermarket automatic transmission valve body repair kits, headquartered in El Monte, California. The transaction will provide TransGo with capital and strategic resources to accelerate growth, increase speed to market and expand vehicle coverage while management, led by President John Landry, remains in place.
-
CenterGate Capital Affiliate Invests in Poseidon Barge
August 7, 2023
Manufacturing
CenterGate Capital's affiliate has made a growth investment in Poseidon Barge, a Berne, Indiana-based manufacturer and rental provider of sectional barges for marine infrastructure. Founder Donnie Fain and President Mary Habegger-Fox will remain with continued ownership and management as Poseidon pursues growth and capability expansion across its North American operations.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.