CDIB Capital International Corporation, the international private equity investment arm of China Development Financial Holdings Corporation, has closed on an investment in Smith-Cooper International, alongside strategic partner Blue Point Capital Partners. Formed in 1993, Smith-Cooper is a producer of pipe, valves and fittings to a wide range of customers and end markets.

BB&T Capital Partners has invested $12.5 million in equity to support the acquisition of Smith-Cooper International by Blue Point Capital Partners. Based in Commerce, California, Smith-Cooper International is a producer of high quality pipe, valves and fittings.

NXT Capital said Monday it provided an $84 million senior secured facility to fund Blue Point Capital Partners’ buy of Smith-Cooper International. Last week, Blue Point announced it was buying Smith-Cooper, of Commerce, Calif., a distributor of pipe, valves and fittings.

Quality Synthetic Rubber (QSR), a leading provider of custom molded synthetic rubber components has been sold to Lexington Precision Corporation, a portfolio company of Industrial Growth Partners. QSR was a portfolio company of Blue Point Capital Partners. Harris Williams & Co. acted as the exclusive advisor to QSR. PRESS RELEASE Harris Williams & Co., a [...]

Blue Point Capital Partners has recapitalized Elyria, Ohio-based Alco Manufacturing, a provider of close tolerance precision-machined steel components. Blue Point Capital Partners is a lower middle market private equity firm. KeyBank and Prudential Capital provided debt financing for the deal. Terms of the deal were not released.

Blue Point Capital Partners has exiting its stake in Packers Holding, selling the company to Harvest Partners. The sale yielded a 6x return for the middle market private equity firm. Specific terms of the sale to Harvest Partners were not released. Blue Point invested in Packers Holdings from its $400 million fund, Blue Point Capital Partners II L.P. Packers Holdings is a provider of outsourced cleaning and sanitation services to the food processing industry.

After raising $11 million from private equity firm Blue Point Capital Partners, China’s HAYA Retail is considering an initial public offering in China, and is eyeing overseas expansion, Reuters reported. HAYA is China’s largest retail space solution provider, and works with brands including Gucci and Swatch. HAYA owns factories in Beijing, Shanghai and western Chengdu. The new funding will help the company build a new plant in Shanghai and upgrade its design capacity, Reuters said.

The Cook & Boardman Group, a portfolio company of Blue Point Capital Partners, has acquired SBS Commercial Door & Hardware, a distributor of commercial doors, door frames, architectural hardware and related accessories. No pricing terms were disclosed. RBC Bank provided leveraged financing.

(Reuters) – U.S. private equity fund Blue Point Capital Partners, which helps mid-sized firms in the United States invest in China, is eyeing new opportunities to help Chinese companies invest abroad, its Asia managing director said. With U.S. companies cash-strapped by frozen credit markets, private equity firms such as Blue Point are changing strategy. Blue [...]