Posted on: March 12, 2013 by asormani
ICV Partners‘ portfolio company SAFE Security has completed the refinancing of its existing senior credit facility with a new $130 million debt facility led by Bank of America. The new credit facility, $55 million more than the previous $75 million debt facility, provides additional borrowing capacity for future acquisitions.
Tags: Bank of America, ICV Partners
Posted on: January 15, 2013 by asormani
Lower middle market investor ICV Partners has promoted Zeena Rao to managing director. Rao joined ICV in 2001 as the fourth investment professional. She was named a vice president in 2010.
Tags: ICV Partners
Posted on: December 4, 2012 by Connie Loizos
ICV Partners of New York, a private equity firm focused on lower middle market companies, has acquired San Ramon, Calif.-based Safe Security, maker of residential and commercial security alarm systems. Terms of the deal were not disclosed.
Tags: ICV Partners, SAFE Security
Posted on: May 22, 2012 by Connie Loizos
Stauber Performance Ingredients of Fullerton, Calif., a maker of nutritional ingredients and blends, has acquired Pharmline, which also makes nutritional ingredients and is based in Florida, New York. Staubline was acquired last year by the New York-based, middle-market private equity firm ICV Partners. Terms of the deal were not disclosed. PRESS RELEASE: ICV Partners (ICV), [...]
Tags: ICV, ICV Partners, Pharmline, Stauber Performance Ingredients
Posted on: October 19, 2011 by Luisa Beltran
ICV Partners said Wednesday that it has completed a $95.5 million dividend recap of Marshall Retail Group.
Proceeds of the transaction will be used to refinance existing debt and to pay a one-time dividend to shareholders. Not all of the $95.5 million went to ICV, a source says.
Golub Capital led the financing.
Tags: Bruckman Rosser, ICV Partners
Posted on: April 5, 2011 by cnolan
Private equity firm ICV Partners has acquired Cargo Airport Services from MidMark Capital, the Weinberg Bell Group and other shareholders. Financial terms of the deal were not released. Prospect Capital Corporation provided debt financing for the deal. Cargo Airport Services handles cargo at 12 airports across North America, including New York City’s John F. Kennedy International Airport. ICV Partners has more than $440 million in capital under management.
Tags: ICV Partners, MidMark Capital
Posted on: January 27, 2011 by cnolan
New York-based middle-market investment firm ICV Partners has acquired Stauber Performance Ingredients, a distributor of ingredients to the dietary supplement industry. The firm bought Stauber from J. H. Whitney & Co. Financial terms were not disclosed. Founded in 1998, ICV Partners has more than $440 million under management.
Tags: ICV Partners, JH Whitney & Co.
Posted on: January 3, 2011 by PEHub Administrator
Private investment firm ICV Partners promoted Sheldon Howell and Jermaine Warren from senior associate to vice president. Howell joined ICV from Churchill Financial and Warren re-joined ICV last year after working with Starwood Capital Group Global LLC. ICV’s most recent 2010 deal was its October investment in Mallet & Co., a maker of oils and ingredients used in the baking industry.
Tags: ICV Partners
Posted on: October 24, 2010 by Luisa Beltran
ICV Partners has invested in Mallet & Co., a Carnegie, Pa.-manufacturer of proprietary oils, ingredients and equipment used in the commercial baking industry. ICV Partners is a private investment firm with offices in New York and Atlanta.
Tags: ICV Partners