Equistone-backed CH&CO makes first add-on to Mitie Catering

By Chris Witkowsky — 3 days ago

Equistone Partners-backed CH&CO acquired Mitie Catering as its first add-on to its purchase of CH&CO in May 2019. Mitie is comprised of Gather & Gather and Creativeevents. The deal adds increased sales of 137 million pounds to CH&CO, 330 more sites across the U.K. and Ireland and an additional 3,600 team members to the company.

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PE-backed SmileDirectClub to go public

By Iris Dorbian — 6 days ago

Nashville-based SmileDirectClub, a provider of invisible aligners to straighten teeth, has filed for an $100 million IPO. The company plans on trading the stock on the NASDAQ. JPMorgan and Citigroup are listed among the underwriters. SmileDirectClub’s backers include Clayton, Dubilier & Rice, Kleiner Perkins and Spark Capital

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Kinderhook buys Chemtron

By Iris Dorbian — 6 days ago

Kinderhook Industries has acquired Avon, Ohio-based Chemtron, a hazardous and non-hazardous waste management provider in the Midwest. The seller was CapitalWorks. No financial terms were disclosed.

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Abry Partners buys Franklin Energy

By Iris Dorbian — 6 days ago

Abry Partners has acquired Port Washington, Wisconsin-based Franklin Energy, a provider of demand-side management solutions to utility clients. No financial terms were disclosed. Harris Williams advised Franklin Energy on the transaction. Franklin Energy was backed by Kohlberg & Company LLC.

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Accel-KKR closes Jaggaer sale to Cinven

By Luisa Beltran — 6 days ago

Accel-KKR said Aug. 15 that it completed the sale of Jaggaer to Cinven. Financial terms weren’t announced. Cinven has a controlling stake in Jaggaer, while Accel-KKR has retained a minority. Jaggaer, of Research Triangle Park, North Carolina, provides procurement software for large and medium-sized businesses. The sale was announced in July.

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HN Capital forms real estate joint venture

By Iris Dorbian — 6 days ago

HN Capital Partners LLC has formed HN Green Hollow Capital Partners LLC, a joint venture with James G. Glasgow, Jr, an ex-partner at Five Mile Capital Partners and a team of former principals at Five Mile. HNGH is a a special situations opportunistic real estate manager

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