Partners Group and Capvis to Sell Bartec to Charterhouse

Partners Group and Capvis are to sell Bartec to Charterhouse Group. German-based Bartec is a global provider of industrial safety technology for applications in explosion-hazardous areas with production sites in Germany, Switzerland, Slovenia and China. PRESS RELEASE Partners Group and Capvis concluded an agreement to sell Bartec to Charterhouse Group. Bartec, which has been founded […]

Charterhouse’s Charter Facilities Services Acquires Empire and A-OK

Charter Facilities Services has completed the acquisition of Empire Facilities Management Group and A-OK Security and Maintenance. Charter Facility Services is backed by Charterhouse Group, a New York based private equity firm. PRESS RELEASE Charter Facilities Services Inc. (Charter Facility Services) announced today that it has completed the acquisition of Empire Facilities Management Group Inc. […]

Cequel Data Centers Seals TierPoint Deal

Cequel Data Centers, a portfolio company of Thompson Street Capital Partners, Charterhouse Group, and Cequel III has acquired TierPoint, a provider of colocation, managed IT and cloud computing services in the Pacific Northwest. TierPoint operates three data centers in the greater Spokane, Wash., area. With its prior acquisitions including facilities in Dallas, Oklahoma City, and […]

Charterhouse Group, Thompson Street Buy Perimeter Tech

Charterhouse Group and Thompson Street Capital Partners have acquired Perimeter Technology in partnership with Cequel III, a St. Louis-based management and investment firm. Oklahoma City-based Perimeter is a provider of data center colocation and managed hosting services. Terms of the deal were not released.

Towne Holdings Buys HBI Freight

Towne Holdings, a portfolio company of the Charterhouse Group, said Wednesday that it has bought HBI Freight. Financial terms were not announced. Dulles, Va.-based HBI is an air cargo and home delivery trucking company. Towne, of South Bend, Ind., provides air, ocean and expedited freight services through a network of seventy terminals in the U.S., according to a statement. Charterhouse is a PE firm. The HBI acquisition is the fifth add-on deal for Towne Holdings.

Charterhouse Group, Highlander Partners and MTS Health Investors Sell Chamberlin Edmonds to Emdeon for $260M

Private equity firms Charterhouse Group, Highlander Partners, and MTS Health Investors have sold Chamberlin Edmonds & Associates to a subsidiary of publicly traded Emdeon for $260 million in cash.  The firms say the deal is yielding them a 45% IRR. PRESS RELEASE: Charterhouse Group, Inc. (“Charterhouse”) a New York-based private equity firm, together with Highlander […]

Charterhouse Raising Up To $600 Million for New Fund

Charterhouse Group is looking to raise between $500 million and $600 million for its fifth fund, peHUB has learned. Multiple sources confirm the news, although there is some disagreement over whether the firm is best described as “marketing” or “pre-marketing” (all depends on if there’s a PPM out there).

New York-based Charterhouse, a middle-market buyout shop, focuses on consumer, healthcare and business services. It typically invests about $30 million to $60 million equity per transaction.

Charterhouse Surprises Itself with NewPath Sale

The Charterhouse Group inked its second sale this year with a deal to sell NewPath Networks Inc. to Crown Castle International.

Crown Castle, a Houston cellular tower operator, is buying all of NewPath, including stakes held by Charterhouse, NewPath Chairman Bill Marraccini, and Meritage. The deal is expected to close in roughly 60 days.

Outsourcers Keep Value In Downturn

Outsourcing remains a hot sector for private equity investments.

On Tuesday, the Charterhouse Group and Thompson Street Capital Partners announced they have bought Colo4 LLC, an outsourced provider of colocation services to third parties. Companies outsource their computing infrastructure to Colo4 rather than build their own data centers.

It’s unclear what Colo4 sold for, but Charterhouse has invested in the sector before. In 2004, Charterhouse bought Lason inc., a provider of information management and business process outsourcing to customers in financial services, healthcare and government. Charterhouse sold it in 2007 for more than $120 million, or roughly 5x return on invested capital.

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Charterhouse Sells Supplement Platform, Plots Next Fund

The IPO window may close, but you can relax: The strategic exit isn’t dead. Today, New York-based Charterhouse Group sold Amerifit, a nutritional supplement platform, to Martek Biosciences, a listed, Maryland-based biosciences company, for $200 million. The exit returns money to Charterhouse Equity Partners IV LP, a $447 million pool raised in 2004. It marks […]

Charterhouse Selling Amerifit Brands for $200 Million

Charterhouse Group has agreed to sell Amerifit Brands Inc., a Cromwell, Conn.-based provider of over-the-counter consumer health and wellness products, to Martek Biosciences Corp. (Nasdaq: MATK) for $200 million in cash. Charterhouse originally invested $80 million into Amerifit in 2005.

Towne Holdings Adds On

Towne Holdings Inc., a provider of air cargo ground logistics, has acquired Texas Land and Air. No financial terms were disclosed. Towne Holdings is a portfolio company of Charterhouse Group.

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