138 Views

PE-owned Tech Air buys US Oxygen and Specialty Air Technologies

Tech Air, which is owned by CI Capital Partners, has acquired US Oxygen and Specialty Air Technologies. No financial terms were disclosed. Based in Arlington, Texas, US Oxygen is a producer of industrial, specialty and medical gases in the Dallas-Fort Worth area. Specialty Air Technologies, which is located in Long Beach, Calif., is a provider of specialty gas products.

211 Views

PE-owned Galls buys Best Uniforms

Galls, which is owned by CI Capital Partners, has acquired Best Uniforms. No financial terms were disclosed. Based in Wilmington, NC, Best Uniforms is a provider of uniforms to police, fire, EMS, industrial, transit and hospitality employees.

155 Views

CI Capital invests in Maroon

CI Capital Partners has acquired a majority stake in Maroon Group (which has changed its name from Maroon Inc). No financial terms were disclosed. Paul, Weiss, Rifkind, Wharton & Garrison served as advisor to CI Capital on the transaction while Bruml Capital and Meyers, Roman, Friedberg & Lewis advised Maroon. Based in Avon, Ohio, Maroon is a North American distributor of specialty chemicals.

lefkowitz
475 Views

Lefkowitz leaves CI Capital

Steve Lefkowitz, president and COO of CI Capital Partners, is leaving the firm, according to a letter to LPs obtained by peHUB.

327 Views

Charlesbank Capital Partners buys American Residential Services

Charlesbank Capital Partners has acquired American Residential Services from CI Capital Partners and Royal Palm Capital Partners. No financial terms were disclosed. Berenson & Company and Paul, Weiss, Rifkind, Wharton & Garrison advised ARS on the transaction while Metronome Partners, RBC Capital Markets and Goodwin Procter advised Charlesbank. Based in Memphis, Tenn., ARS is a provider of heating and air conditioning and plumbing services.

Total Fleet Solutions and The Miner Corporation Merge

Total Fleet Solutions, a Holland, Oh.-based fleet management services company, has merged with San Antonio, Tex.-based The Miner Corporation, which sells facilities services (from loading docks to storefront glass to commercial doors) to a wide range of industries. Terms of the deal were not disclosed, but Total Fleet Solutions is backed by the private equity firm CI Capital Partners.

CI Capital Partners Acquires Material Handling Services

Prospect Capital Corporation has provided a $28 million senior secured loan to support the acquisition of Material Handling Services (TFS), by CI Capital Partners. Based in Holland, Ohio, TFS is a provider of brand-independent fleet management services to Fortune 1000 companies. PRESS RELEASE Prospect Capital Corporation (NASDAQ: PSEC) (“Prospect”) announced today that Prospect has provided […]

PE-Backed Galls Merges with Quartermaster

Galls, a distributor of public safety, first responder and private security products owned by private equity firm CI Capital Partners, has merged with Quartermaster Inc. Terms of the deal were not released. Cerritos, Calif.-based Quartermaster is a specialty distributor of public safety products.

CI Capital Strikes Interactive Health Deal

CI Capital Partners, the New York private equity firm, will acquire Interactive Health Solutions Inc., the provider of health and wellness solutions for terms undisclosed. MidCap Financial, Solar Capital and PennantPark Investment Corporation provided financing for the transaction.TripleTree LLC acted as financial advisor to IHS. Pepper Hamilton LLP provided legal counsel to IHS and Paul, Weiss, Rifkind, Wharton & Garrison LLP provided legal counsel to CI Capital.

CI Capital Partners Acquires Galls

CI Capital Partners has acquired Galls, a $163 million revenue, full-service marketer and distributor of public safety, first responder and private security products, from ARAMARK Corporation. PNC Business Credit provided financing for the transaction.

CI Capital Partners Buys Galls from ARAMARK

ARAMARK Corp. has sold Galls, a marketer and distributor of public safety, first responder and private security products to CI Capital Partners. Financial terms weren’t disclosed. PNC Business Credit is providing financing. Lexington, Ken.-based Galls produces $163 million in revenue. Stephens Inc. advised ARAMARK.

CI Capital-Backed Tech Air Snaps up Corp Bros.

Tech Air, the Connecticut-based distributor of specialty gases for welding and medical industries, will acquire Rhode Island-based Corp Bros., a similar company. Specifics of the deal were not publicized. Tech Air is backed by CI Capital Partners.

Tech Air To Acquire Corp Brothers

Tech Air, which is backed by CI Capital Partners, has agreed to buy Corp Brothers. Financial terms weren’t announced. Providence, R.I.-based Corp Brothers distributes specialty and industrial gases, safety equipment, welding supplies, dry ice and other related products.

PE-backed Conney Buys Mettam Safety Supply

Madison, Wis.-based Conney Safety Products, which is owned by CI Capital Partners, has acquired Mettam Safety Supply Company of Danville, Illinois. Terms of the deal were not released. The acquisition is part of Conney’s strategy to expand its business as a specialty distributor of safety supplies and equipment. CI Capital Partners is a private equity firm based in New York.

American Residential Services Buys 2 Companies

American Residential Services, which is backed by CI Capital Partners, has acquired Brothers Air and Heat. In a second deal, American Residential has also bought Columbus/Worthington Air. Brothers Air serves Charlotte, N.C. while Columbus/Worthington Air targets Columbus. Financial terms of the deals were not announced. CI Capital is the former Caxton-Iseman Capital, of New York.

CI Capital Raises $620M For Roll-Up Deals

CI Capital Partners LLC has closed the guest book for its first institutional fund. The New York firm announced this month it held a final close for its CI Capital Investors II LP fund with $620 million in commitments, exceeding its $500 million target. But Steven M. Lefkowitz, the president of CI Capital Partners, told […]

CI Capital Bags $620M Fund

CI Capital Partners, the New York-based private equity firm closed CI Capital Investors II with $620 million, beating its target of $500 million. The managing principals of CI Capital were collectively the biggest investors in the fund. The PE shop has holdings in companies including Ply Gem, KIK Custom Products, A-T Solutions and Transplace.

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