IPC and NVC acquire Dynojet

By Iris Dorbian — 3 days ago

Irving Place Capital and New Value Capital have closed its buy of Las Vegas-based Dynojet Research Inc, a maker of aftermarket performance-enhancing parts and accessories as well as diagnostic equipment for the powersports industry. No financial terms were disclosed.


Irving Place Capital completes OTC acquisition

By Iris Dorbian — 2 months ago

Irving Place Capital has closed its buy of Ohio Transmission Corp. No financial terms were disclosed. In addition to the funding, Carlos Cardoso, former CEO of Kennametal and senior advisor at IPC, has been added to OTC’s board of directors. Based in Columbus, Ohio, OTC is a provider of engineered motion control, pump and air compressor products.


Galvin named Irving Place Senior Advisor

By Luisa Beltran — 3 months ago

Irving Place Capital said Thursday that it named Walter J. Galvin a Senior Advisor. Galvin previously spent 40 years with Emerson Electric Co., serving in a variety of senior executive roles, including CFO and Vice Chairman.


PE-backed National Surgical Healthcare pulls in $52.5 mln

By Iris Dorbian — 6 months ago

Franklin Square Capital Partners has provided $52.5 million in financing to National Surgical Healthcare, which owns and operates surgical hospitals and ambulatory surgery centers in the U.S. The capital infusion is backing NSH’s acquisition of a majority stake in Optim Healthcare, a provider of healthcare services. NSH is backed by Irving Place Capital.


IPC completes Bendon acquisition

By Iris Dorbian — 8 months ago

Irving Place Capital has closed its buy of Ashland, Ohio-based Bendon Inc, a provider of children’s coloring and activity products. The seller was The Wicks Group. No financial terms were disclosed. Robert W. Baird & Company provided financial advice to Wicks on the transaction.


Leonard named CEO Of Universal Hospital Services

By Luisa Beltran — 8 months ago

Universal Hospital Services Inc. said Monday that Thomas J. Leonard was named CEO and a member of the board effective April 13. Leonard most recently served as the President of Medical Systems for CareFusion Corp. Universal Hospital is a portfolio company of Irving Place Capital.


Irving Place Capital to sell Victor Technologies

By Angela Sormani — 2 years ago

Private equity firm Irving Place Capital is to sell Victor Technologies to Colfax Corporation, a global manufacturer of gas- and fluid-handling and fabrication technology products. Headquartered in St. Louis, Missouri, Victor Technologies provides superior solutions for cutting, gas control, and specialty welding equipment. The all cash transaction values Victor at approximately $947 million.