Babson backs Linsalata’s buy of Randy’s Worldwide Auto

Babson Capital Management said Monday that it provided debt and made co-invested equity to back support Linsalata Capital Partners’ buy of RWA Holding Company Inc., which does business as Randy’s Worldwide Automotive. Financial terms weren’t announced. Everett, Washington-based Randy’s designs and distributes aftermarket automotive parts serving the off-road, racing, performance and repair/replacement segments.


Linsalata exits Spartan Foods

Linsalata Capital Partners said Monday that it has closed the sale of Spartan Foods of America Inc., which does business as Mama Mary’s, to B&G Foods for about $50 million. Financial terms weren’t announced. Spartanburg, South Carolina-based Spartan makes branded pizza crusts sold primarily through grocery and retail channels. Duff & Phelps advised Linsalata.


Middleby Corp. to acquire PE-backed U-Line Corp

The Middleby Corp. is buying U-Line Corp., a portfolio company of Linsalata Capital Partners. No financial terms were disclosed. Harris Williams is advising U-Line in the transaction. Headquartered in Milwaukee, Wisc., U-Line is a provider of undercounter refrigeration products.


Kohlberg & Company buys The Home Décor Companies

Linsalata Capital Partners said Monday that it sold The Home Décor Companies to Nielsen Bainbridge Group, a portfolio company of Kohlberg & Company. Financial terms weren’t announced. Southaven, Miss.-based Home Décor provides decorative home accessories to retailers throughout North America.

Linsalata Capital Promotes Faremouth and Beg

Linsalata Capital Partners has promoted Michael Faremouth to managing director and Murad Beg to principal. Faremouth joined the Linsalata in 2005 and serves as Chairman of Stag Parkway Holding Co. Beg joined LinCap in 2008 and his primary responsibilities include acquisition searches, due diligence, negotiations and portfolio company oversight.

Babson Capital Backs Linsalata Capital Stag-Parkway deal

Babson Capital Management has provided subordinated debt and made an equity co-investment to support Linsalata Capital Partners’ acquisition of Stag-Parkway. Atlanta-based Stag-Parkway is an independent distributor of aftermarket RV parts and accessories to RV dealers in the United States.

Linsalata Capital Adds MD and VP to Team

Linsalata Capital Partners has added Brian Redpath as managing director and Mike Anderson as vice president at the firm. This summer, the firm raised $427 million for its seventh buyout fund, Linsalata Capital Partners Fund VI, L.P. exceeding its target of $425 million.

Linsalata Capital Latest Fund Raises $427 Mln

Linsalata Capital Partners has raised $427 million for its seventh buyout fund. Linsalata Capital Partners Fund VI, L.P. exceeded its target of $425 million. The fund will focus on consumer products, building products, direct marketing/catalogs, business services, aftermarket products and services, food and beverage, niche apparel, health care services and medical devices, and value-added distribution. […]

LinCap Promotes Healy as Senior VP

Cleveland-based private equity firm, Linsalata Capital Partners has promoted Timothy G. Healy to senior vice president. Healy joined the firm in 2004 and previously spent 13 years with National City Bank, latterly as senior vice president in the equity sponsor group, where he provided senior debt financing for private equity firms and their portfolio companies. […]

Ohio Shop Close To Wrapping Fund VI

Linsalata Capital Partners has held an additional close on its sixth buyout fund, bringing its total commitments to $413 million, sister magazine Buyouts reported earlier today, citing a senior executive familiar with the fundraising effort. The Mayfield Heights, Ohio-based buyout shop is thus fast approaching its target of $425 million for the fund, Linsalata Capital […]

Whitcraft Group Buys Dell Manufacturing

Linsalata Capital Partners portfolio company Whitcraft Group has completed its acquisition of Dell Manufacturing Co. Whitcraft is a manufacturer of machined and fabricated parts for commercial and military aircraft engines. Terms of the deal were not released.

Friedman Fleischer & Lowe Buys Transtar

Friedman Fleischer & Lowe has completed its acquisition of Transtar Industries from Linsalata Capital Partners. The deal was financed with $425 million of senior secured credit facilities, the companies said. Transtar is a provider of autobody products for automotive repair. San Francisco-based private equity firm Friedman Fleischer & Lowe has roughly $2.5 billion under management.

Linsalata Capital Partners Adds James Guddy as VP

Cleveland-based private equity firm Linsalata Capital Partners has added James Guddy as vice president. Guddy joins Linsalata from Symmetry Advisors, a firm he created. He has also worked as head of strategy and finance for a subsidiary of Cleveland-based GrafTech International. Linsalata Capital was formed in 1984, and is currently investing from its $425 million sixth fund.

Manhattan Beachwear buys Apparel Ventures

Manhattan Beachwear, Inc, a portfolio company of Linsalata Capital Partners has purchased Apparel Ventures, Inc, a swimwear manufacturer. The details of the deal have not been announced. Linsalata Capital Partners is an Ohio-based private equity firm founded in 1984 and has made 96 buy-side transactions totaling more than $2 billion. It is currently investing from its sixth fund, Linsalata Capital Partners Fund V, L.P. (LinCap V), with $425 million in committed equity capital.

Transtar up for sale – could fetch around $700M

Transtar, the automotive transmission distribution company based in Cleveland, Ohio, is up for sale and could go for around $700 million, according to Reuters. Private equity firm Linsalata Capital Partners is selling the company it bought five years ago and five firms, mostly private equity firms, are said to be interested.

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