Stellex Capital Management Acquires J. Skinner Baking Company

Blue Sage Capital Acquires Baker Manufacturing Company (Stellus Provides Financing)

July 12, 2022

Manufacturing

Blue Sage Capital has completed an acquisition of Baker Manufacturing Company, a nearly 150-year-old Evansville, Wisconsin-based manufacturer of water well equipment, pumps and iron castings. Stellus Capital Management provided senior/unitranche debt financing and an equity co-investment to support Blue Sage's buyout; Blue Sage will partner with Baker management to expand geographies, pursue strategic acquisitions and invest in product development.

Hub International Acquires Skinner & Company, Inc.

July 1, 2024

Insurance

Hub International Limited acquired the assets of Skinner & Company, Inc., a Marietta, Georgia-based commercial insurance and risk management agency. The deal — for undisclosed terms — brings Skinner's construction bond and commercial insurance expertise into Hub's Specialty practice; Todd Skinner and his team will join Hub Gulf South. Skinner & Company was represented by Reagan Consulting.

Stellex Capital Management Acquires Fox Brothers Holdings Group

September 20, 2024

Industrial Services

An affiliate of Stellex Capital Management has acquired a majority stake in UK-based Fox Brothers Holdings Group, a family-run integrated services and construction materials provider. The deal will merge Fox Brothers with J A Jackson, retain Paul Fox as CEO, bring industry veterans Mark Joel and Andy Swinnerton into senior roles, and aims to expand and vertically integrate the business into a circular-economy construction materials platform.

Bonhams Acquires US Auction House Skinner

March 16, 2022

Professional Services

Bonhams has acquired Boston-based auction house Skinner (to be known as Bonhams Skinner). The purchase, from Skinner owners Stephen Fletcher and Karen Keane, expands Bonhams' presence in North America and adds Skinner's regional salerooms and digital auction capabilities to Bonhams' global platform; financial terms were not disclosed.

Stellex Capital Management Acquires Industrial Construction Services Holding (ICS)

January 15, 2025

Industrial Services

Stellex Capital Management, a New York-based middle-market private equity firm, has completed the acquisition of Industrial Construction Services Holding (ICS), a provider of mission-critical electrical and instrumentation services. Stellex plans to partner with ICS management to invest in organic growth and pursue strategic add-on acquisitions to expand the company’s service capabilities and geographic footprint across the United States.

SK Capital Acquires J&K Ingredients from CORE Industrial Partners

October 11, 2023

Food & Beverage

Funds advised by SK Capital Partners have acquired J&K Ingredients from CORE Industrial Partners. The acquisition, completed November 20, 2023, positions SK Capital to build a clean-label food & beverage ingredients platform around J&K's specialty preservative and bakery ingredient capabilities; debt financing was provided by KeyBanc Capital Markets, Kayne Anderson Private Credit, and Benefit Street Partners.