Auxo Investment Partners Acquires Southeast Vegetation Management

Auxo Investment Partners Acquires Ferrovia Services; Graycliff Provides Credit Support

January 18, 2022

Transportation

Auxo Investment Partners acquired Ferrovia Services and merged it with its existing platform Genesis Rail Services to form "Auxo Rail." Graycliff Partners provided subordinated debt and a minority equity investment to support the transaction, which aims to integrate vegetation-management and rail maintenance services to enable cross-selling to Class I, Class II and industrial railroad customers as well as state DOTs and utilities.

Sterling Investment Partners Acquires Xylem and Merges it with Kendall Vegetation Services

September 20, 2022

Environmental Services

Sterling Investment Partners, in partnership with Xylem management (Randolph and Benjamin Hoover), has acquired Xylem, Inc. and combined it with Sterling's existing portfolio company Kendall Vegetation Services to form a larger vegetation management platform. The combined business — led by Co‑CEOs Randolph Hoover and Robert Williams — employs over 2,000 people, operates in 20+ states, and will expand vegetation management and emergency storm response capabilities across the eastern seaboard, Gulf states and beyond.

Auxo Investment Partners Acquires Cariboo Central Railroad Contracting

August 23, 2023

Industrial Services

Auxo Investment Partners has acquired Cariboo Central Railroad Contracting and will integrate it into the Genesis Rail Services platform, expanding the platform's railroad infrastructure maintenance footprint into Canada. Cariboo, headquartered in Kelowna, British Columbia, provides track maintenance, construction, inspections, snow removal and emergency response services to Class I railroads, short-line railroads and industrial customers.

Auxo Investment Partners Acquires SOS Manufacturing

June 21, 2023

Manufacturing

Grand Rapids-based private equity firm Auxo Investment Partners acquired SOS Manufacturing, a Roberts, Wisconsin-based custom wire harness and cable assembly manufacturer. The deal is Auxo's fourth add-on to its growing wire harness and cable manufacturing platform and will expand the platform's capabilities (including work relevant to supercomputing), while SOS's management will remain in place.

Syngenta Group Acquires Verisem BV from Paine Schwartz Partners

June 30, 2021

Agriculture

Syngenta Group's vegetable seeds business agreed to acquire Verisem BV, a global seed production, processing and distribution company, from Paine Schwartz Partners' Food Chain Fund IV. The deal, terms undisclosed, is intended to strengthen Syngenta's vegetable seed production capabilities and global footprint; the transaction is subject to customary regulatory conditions.

Verdantas Acquires Environmental Strategies & Management (ES&M)

September 7, 2022

Environmental Services

Verdantas, a private-equity-backed engineering, planning, and science services provider, has acquired Environmental Strategies & Management (ES&M), an EHS consulting and engineering firm with offices in Massachusetts and Rhode Island. The deal expands Verdantas' New England footprint and enhances its capabilities to secure Brownfields funding and provide site assessment and remediation services; RTC Partners is the private equity investor backing Verdantas.