Behrman Capital sells Selig to CCI

CC Industries Inc has acquired Selig Sealing Holdings from Behrman Capital. No financial terms were disclosed. Lazard Middle Market provided financial advice to Selig on the transaction while William Blair advised Selig’s board of directors. Based in Naperville, Illinois, Selig is a maker of tamper-evident, induction cap and closure liners.


Gryphon to sell Shelpers to Boot Barn

Gryphon Investors has agreed to sell Wichita, Kansas-based Shelpers, a western wear retailer, to Boot Barn Holdings Inc. No financial terms were disclosed. Lazard Middle Market LLC advised Gryphon on the transaction.


Leerink Partners hires Lazard vets for new North Carolina office

Leerink Partners has added four senior bankers and their teams to its newly launched Charlotte, North Carolina office. Previously, all worked at Lazard Middle Market. Among those coming on board are Doug Brown, senior managing director, who will lead the healthcare services and private equity franchises at Leerink; and Mike Drendel, managing director, who will lead the specialty & generic pharmaceuticals franchise.

Fulcrum Capital exits Nuheat Industries

Fulcrum Capital Partners said Thursday it has sold Nuheat Industries Ltd. to Pentair plc. Financial terms weren’t announced. Nuheat, of Vancouver, makes lectric radiant floor heating systems. Lazard Middle Market LLC advised Nuheat.


Turnbridge Capital sells ROC stake to Coral Reef Capital

Coral Reef Capital has acquired a majority stake in ROC Service Company from Turnbridge Capital. No financial terms were disclosed. Lazard Middle Market provided financial advice to ROC on the transaction. Headquartered in Bridgeport, Texas, ROC is an energy services company.


KKR invests in Arbor Pharmaceuticals

KKR said late Thursday it acquired a significant minority stake in Arbor Pharmaceuticals. Financial terms weren’t announced. Atlanta-based Arbor is specialty pharmaceutical company currently focused on the cardiovascular, hospital, and pediatric markets. KKR’s investment is coming from its North America XI private equity fund. Lazard Middle Market advised Arbor.


Summit Partners-backed RuffaloCODY buys Noel-Levitz

RuffaloCODY, which is backed by Summit Partners, has acquired Noel-Levitz. No financial terms were disclosed. Lazard Middle Market served as advisor to RuffaloCODY on this transaction. Based in Iowa and Colorado, Noel-Levitz is a consulting firm that specializes in higher education strategic enrollment planning, student marketing and recruitment.

Lawson Joins Lazard

Doug Lawson has joined Lazard Middle Market, a unit of Lazard, as an MD and head of packaging within the industrials group. He is based in Chicago. Most recently, Lawson was an MD wand head of the packaging group at BMO Capital Markets in Chicago.

Lazard Middle Market Loses Pair (Updated)

Bill Sharpe and David Santoni have left Lazard Middle Market. Sharpe was a managing director and COO, while Santoni was a managing director. Calls to Lazard Middle Market for comment were not returned.

Update: Prestwick Partners has announced that Santoni is joining as a partner. Here is the press release:

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