Ares Management and Harvest Partners buy Valet Waste

Ares Management LP and Harvest Partners LP have acquired Tampa-based Valet Waste, a provider of amenity services for the multifamily housing sector. The seller was New Mountain Capital LLC. No financial terms were disclosed. Robert W. Baird & Co. acted as financial advisor to Valet Waste on the transaction.


HealthPort-IOD to buy ECS

HealthPort-IOD, a portfolio company of New Mountain Capital, has acquired ECS. Financial terms weren’t announced. Phoenix-based ECS provides medical record retrieval services and software in the U.S.


UBS taps Goldman Sachs’ Justicz as MD

UBS has named Max Justicz as a managing director in its Americas Financial Sponsors group, the company announced today in a memo. Justicz will join UBS in the fall and be coming from Goldman Sachs. There he has served as primary coverage banker for various private equity firms and their portfolio companies that include Carlyle, CVC Capital, BC Partners, Permira, Riverstone, Silver Lake, Jordan, New Mountain Capital, Oak Hill and CCMP Capital.


New Mountain closes Zep Inc. buy

New Mountain Capital LLC has completed its roughly $692 million buy of Zep Inc. The deal was announced in April. Atlanta-based Zep makes maintenance and cleaning chemicals.


HealthPort to merge with IOD

HealthPort, which is backed by New Mountain Capital, is merging with IOD. Financial terms weren’t announced but New Mountain is providing an investment. The merged company, which will have combined revenues of more than $450 million and 6,000 professionals, will provide secure access solutions for confidential medical information and related services and technology.


PSP Investments invests in New Mountain-backed AmWINS

Canada’s Public Sector Pension Investment Board has invested in AmWINS Group, a global distributor of specialty insurance products and services. The investment values AmWINS at an enterprise value of more than $2.3 billion. AmWINS is now equally owned by PSP Investments, New Mountain Capital and more than 400 AmWINS employees.


NuSil Technology names Waaser CEO

NuSil Technology LLC, a portfolio company of New Mountain Capital, said Wednesday that it named Ernest Waaser as its CEO. He takes over from NuSil’s co-founder and CEO, Dick Compton, who is retiring as CEO, but will continue to serve as Chairman of the NuSil Board of Directors. Most recently, Waaser was an Operating Partner at Linden Capital Partners. Carpinteria, California-based NuSil supplies medical and space-grade silicones.

PE-backed Camber Corp recruits Nolan as CEO

Camber Corp., a portfolio company of New Mountain Capital, has hired Philip O. Nolan as CEO. Nolan will replace Camber co-founder Walter Batson who will remain as chairman of the board of directors. Nolan is the former chairman and CEO of Stanley Inc. Based in Huntsville, Alabama, Camber is a professional services organization.


KRG sells Diversified Foodservice Supply to New Mountain Capital

New Mountain Capital has acquired Diversified Foodservice Supply Inc from KRG Capital Partners. No financial terms were disclosed. Robert W. Baird & Co. was financial advisor to DFS on the transaction. Headquartered in Mount Prospect, Illinois, DFS is a provider of maintenance, repair and operations parts, supplies and equipment to the foodservice industry.


New Mountain Capital to acquire HealthPort

New Mountain Capital has agreed to buy HealthPort. No financial terms were disclosed for the transaction, which is expected to be completed in the fourth quarter of this year. Credit Suisse and TripleTree were financial advisors to New Mountain on the deal. Based in Alpharetta, Georgia, HealthPort is a provider of medical information access management and compliance services on behalf of healthcare firms.

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