Olympus Partners exits PSI

By Luisa Beltran — 5 days ago

Olympus Partners has sold Professional Service Industries Inc. to Intertek Group plc. Financial terms weren’t announced. Intertek, in October, said it agreed to pay $330 million for PSI. Oak Brook Terrace, Illinois-based PSI is a consulting engineering and testing firm. Lazard Middle Market advised PSI while Greenhill & Co. provided financial advice to Intertek.


Sterling exits Liqui-Box

By Luisa Beltran — 2 months ago

The Sterling Group said Thursday it completed the sale of Liqui-Box to Olympus Partners. Financial terms weren’t announced. Richmond, Virginia-based Liqui-Box designs and supplies liquid packaging systems for the dairy, beverage, food, and wine industries. Sterling acquired the business from DuPont in 2011. PE HUB reported news of the sale last month. Harris Williams advised Liqui-Box/Sterling.


Jarden closes Waddington Group buy

By Luisa Beltran — 4 months ago

Jarden Corp. said Friday that it completed its buys of Waddington Group Inc. for about $1.35 billion. Olympus Partners was the seller. Covington, Kentucky-based Waddington makes and markets disposable tableware for commercial, foodservice and retail markets.


Olympus exits Pepper Dining

By Luisa Beltran — 5 months ago

Olympus Partners has sold Pepper Dining to Brinker International. Financial terms weren’t announced. Pepper Dining is a Chili’s franchisee that operates 103 restaurants on the East Coast.


Hague, ex-Centerplate CEO, launches Aegis

By Luisa Beltran — 7 months ago

Des Hague, Centerplate’s former CEO and president, has launched Aegis LLC, which will make investments in startups and other business opportunities. Hague resigned last year from Centerplate after a videotape showed him kicking a dog in his care. Centerplate is a portfolio company of Olympus Partners.


PPG agrees to buy PE-backed Homax

By Iris Dorbian — 1 year ago

PPG Industries has agreed to acquire The Homax Group, a portfolio company of Olympus Partners. No financial terms were disclosed for the transaction, which is expected to close in the third quarter. Sawaya Segalas provided advice to Homax on the deal. Based in Bellingham, Wash., Homax is a producer of home care products.