Maroon Group buys CNX Distribution

By Luisa Beltran — 4 weeks ago

Maroon Group LLC, a portfolio company of CI Capital Partners, said Tuesday it has acquired CNX Distribution. Financial terms weren’t announced. Hurst, Texas-based CNX Distribution supplies raw materials for the CASE, plastics, oil & gas and chemical processing industries.

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CI Capital sells KIK to Centerbridge

By Iris Dorbian — 6 months ago

CI Capital Partners has closed its previously announced sale of KIK Custom Products to Centerbridge Partners. No financial terms were disclosed. Morgan Stanley & Co LLC and Rothschild served as financial advisors to KIK on the transaction. Based in Ontario, KIK makes consumer packaged goods for brands and retailers.

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Tech Air buys L&M Welding Supply

By Luisa Beltran — 7 months ago

Tech Air, a CI Capital Partners portfolio company, said Monday it has acquired L&M Welding Supply Inc. Financial terms weren’t announced. Mobile, Alabama-baed L&M distributes welding supplies and industrial equipment to the military, shipbuilding, and power industries on the Gulf Coast.

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Centerbridge to buy KIK Custom Products from CI Capital

By Luisa Beltran — 8 months ago

Centerbridge Partners LP has agreed to buy KIK Custom Products from CI Capital Partners. Financial terms weren’t announced but Reuters valued the deal at $1.6 billion. Concord, Ontario-based KIK makes consumer packaged goods for brands and retailers. BMO Capital Markets is providing debt financing. Morgan Stanley & Co. LLC and Rothschild advised KIK while Barclays is providing financial advice to Centerbridge.

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PE-owned Tech Air buys Geneva

By Iris Dorbian — 8 months ago

Tech Air, which is owned by CI Capital Partners, has acquired Geneva Gas & Supply Inc. No financial terms were disclosed. Based in Los Angeles, Geneva is an industrial gas and welding supply company.

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SK Capital hires executive from CI Capital as CFO

By Chris Witkowsky — 1 year ago

SK Capital Partners has hired Jerry Truzzolino as chief financial officer from CI Capital Partners. Truzzolino previously worked at Neuberger Berman as senior vice president and co-head of the finance group. The firm also promoted Philip Marxen to principal from vice president. Marxen joined SK Capital in early 2014.

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PE-owned Maroon Group buys Addipel

By Iris Dorbian — 1 year ago

Maroon Group, which is owned by CI Capital Partners, has acquired Addipel. No financial terms were disclosed. Based in Avon Lake, Ohio, Addipel is a custom blender and re-packager of specialty chemicals.

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

By Iris Dorbian — 1 year ago

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.

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PE-owned Galls buys Best Uniforms

By Iris Dorbian — 1 year ago

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.

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CI Capital invests in Maroon

By Iris Dorbian — 2 years ago

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.

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Charlesbank Capital Partners buys American Residential Services

By Iris Dorbian — 2 years ago

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.

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Total Fleet Solutions and The Miner Corporation Merge

By Connie Loizos — 3 years ago

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.

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