Lakeside Energy and American Securities Take Stake in InEnTec

InEnTec, a Bend, Oregon, company whose technology technology converts household garbage into gases that can be remade into fuels or burned to generate electricity, has received a “strategic investment” from Chicago-based Lakeside Energy, a clean tech investor backed by the New York-based private equity firm American Securities. As part of the deal, terms of which are not […]

Trio Video Acquired by American Securities’ NEP Broadcasting

Chicago-headquartered provider of mobile HDTV production facilities Trio Video has been acquired by NEP Broadcasting, a portfolio company of American Securities. Independent investment banking firm Livingstone was the exclusive financial advisor to Trio. Terms of the transaction were not disclosed. PRESS RELEASE Livingstone, the leading independent, international investment banking firm, is pleased to announce that […]

Presidio Buys BlueWater Communications

Presidio, which is backed by American Securities, has acquired BlueWater Communications. Financial terms weren’t announced. Blue Water provides IT infrastructure services to companies. Foros provided financial advice to Blue Water, while Sheppard Mullin Richter & Hampton was their attorney. Weil Gotshal & Manges provided legal advice to Presidio. PRESS RELEASE Presidio, Inc., a leading provider […]

Delphi Midstream Partners Sells Laser Northeast Gathering–CORRECTED

Delphi Midstream Partners, which is backed by American Securities, said Tuesday that it has closed its sale of Laser Northeast Gathering Co. The buyers were William Partners. The purchase price includes $329 million in cash and approximately 7.5 million Williams Partners’ units. Laser Northeast is a natural gas gathering business located in Pennsylvania and New […]

New York City Pensions Commit $880 Million to Four Funds

The New York City Bureau of Asset Management, which manages $115 billion in assets from the city’s five municipal pension funds, committed an impressive $880 million to four private equity funds, according to recent investment reports and a spokesman at the city comptroller’s office.

The largest of the four commitments was $300 million to Leonard Green & Partners‘ Green Equity Investors VI LP, a private equity fund with a $5 billion target. The Los Angeles-based consumer retail specialist is known for making investments in such high profile companies as Neiman Marcus, J. Crew, Whole Foods, Rite-Aid, Sports Authority, Petco and BJ’s Wholesale.

The fund has been on a fundraising tear…

Presidio Completes Acquisition of INX

Private equity-backed Presidio Inc. has completed its acquisition of INX Inc. Terms of the deal were not released. Going forward INX will operate as a subsidiary of Presidio Networked Solutions. Presidio is owned by middle-market buyout shop American Securities.

Unifrax Sold to American Securities for Second Time

American Securities said Wednesday that it has closed its buy of Unifrax, which makes ceramic fiber insulation products that are used in industrial, automotive and fire protection applications. Financial terms weren’t disclosed. The deal is the second time American Securities has acquired Unifrax. peHUB reported in November that American Securities would be buying Unifrax again.

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