ICR appoints two PE vets to advisory board

By Iris Dorbian — 4 weeks ago

ICR, a strategic communications and advisory firm, has added Rob Sharp and Joseph Kennedy to its new advisory board. Sharp is co-CEO and owner of Ramy Brook and a former senior partner at MidOcean Partners. Kennedy is a managing partner at Crystal Lake Capital.

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MidOcean exits Noranco

By Iris Dorbian — 3 months ago

MidOcean Partners has sold Noranco Inc to Precision Castparts Corp. According to a source familiar with the deal, the sale was for $560 million, at 2.2 return and an IRR of about 40 percent. Lazard advised Noranco on the transaction. Toronto-based Noranco is a maker of machined components and assemblies for the international commercial and military aerospace sectors.

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MidOcean invests in Image Skincare

By Luisa Beltran — 5 months ago

MidOcean Partners said Tuesday that it has invested in Image Skincare. Financial terms weren’t announced. Palm Beach, Florida-based Image Skincare develops, markets and distributes skincare products. Goldman, Sachs & Co. advised Image Skincare.

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MidOcean to exit Noranco

By Luisa Beltran — 6 months ago

MidOcean Partners said Monday that it has agreed to sell Noranco Inc. to Precision Castparts Corp. PSP Investments is also a seller. The deal is valued at $560 million, Precision Castparts said in a separate statement. Noranco supplies complex machined and fabricated components for aero-engine, landing gear and airframe applications. Lazard advised Noranco.

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MidOcean buys KidKraft

By Iris Dorbian — 7 months ago

MidOcean Partners has acquired KidKraft Inc, a maker of gifts, toys, play sets and children’s products. No financial terms were disclosed. Lazard provided financial advice to KidKraft on the transaction.

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GTCR and Adams Outdoor to acquire Fairway

By Iris Dorbian — 1 year ago

GTCR has teamed up with Adams Outdoor to buy outdoor advertising firm Fairway Media Group. The sellers are ACON Investments and MidOcean Partners. No financial terms were disclosed. Moelis & Co. provided financial advice to Fairway on the transaction while Deutsche Bank Securities Inc was M&A advisor to GTCR. Newstone Capital Partners provided mezzanine debt financing for the deal.

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MidOcean backs Nutrabolt

By Iris Dorbian — 2 years ago

MidOcean has acquired a “significant” minority stake in Nutrabolt (formerly named Woodbolt Distribution). No financial terms were disclosed. Houlihan Lokey advised Nutrabolt on the transaction. Headquartered in Bryan, Texas, Nutrabolt is a provider of sports nutrition products.

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MidOcean Partners to Acquire EDAC Technologies

By Angela Sormani — 3 years ago

MidOcean Partners has made a proposal to the board of directors of EDAC Technologies Corporation to acquire all of the outstanding shares of EDAC for $18.25 per share in cash. The proposal, which is being made jointly with a large North American pension plan investment manager, is not subject to a financing condition.

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MidOcean Buys Agilex from Nautic

By Luisa Beltran — 3 years ago

MidOcean Partners has acquired a majority stake in Agilex Flavors & Fragrances. Financial terms weren’t announced. The seller was Nautic Partners. Piscataway, N.J.-based Agilex provides fragrance compounds and delivery systems sold primarily to manufacturers of air care, personal care, industrial and institutional and household products. Fidus Partners provided financial advice to Agilex.

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MidOcean and Crestview Sell OneLink

By Angela Sormani — 4 years ago

MidOcean Partners and Crestview Partners are to sell OneLink Communications for an enterprise value of $585.25 million. Liberty Global and Searchlight Capital Partners will be acquiring the business which provides cable TV, high-speed data and telephony services in Puerto Rico. MidOcean and Crestview, together with co-investors and management, acquired OneLink in October 2005 from Adelphia […]

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Fairway Outdoor Merged with Olympus Media

By Luisa Beltran — 4 years ago

ACON Investments and MidOcean Partners have merged portfolio companies, Fairway Outdoor Advertising and Olympus Media. Financial terms were not announced. The combined company, Fairway Media Group, of Greenville, S.C., has more than 21,300 bulletin and poster displays in 17 states across the Southeast and Midwest. PRESS RELEASE ACON Investments and MidOcean Partners announced today that […]

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Exit Breathes Life Into NY Shop

By Bernard Vaughan — 4 years ago

Executives at Fenway Partners are confident that a successful sale of 1-800 Contacts Inc. could put the beleaguered buyout shop in a position to raise another fund next year, Buyouts reported yesterday, citing two sources. The New York-based firm announced on June 4 it had agreed to sell the retailer of contact lenses and glasses […]

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MidOcean Partners’ Bushnell to Acquire Hunting Products Co

By Angela Sormani — 4 years ago

MidOcean Partners portfolio company Bushnell Outdoor Products is to acquire Primos Hunting of Flora, Miss. Terms of the transaction were undisclosed. Kansas-based Bushnell is a manufacturer of sports optics, premium eyewear, and outdoor accessories. Primos is a supplier of products to the hunting industry. Its product line includes blinds, scent eliminators, game scents and attractants, […]

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Penton Media Recruits CEO

By Angela Sormani — 4 years ago

Penton Media, a business to business media company providing content, insight and marketing to 17 industry sectors, has appointed David Kieselstein, previously CEO of TNS North America, as Penton Media CEO. He will also join the Penton board of directors. Kieselstein will be based in New York. Penton is owned by MidOcean Partners and US […]

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