Wind Point Partners buys Korean lens maker

By Iris Dorbian — 3 months ago

Wind Point Partners has acquired Korea-based lens maker Daemyung Optical Co. Ltd. No financial terms were disclosed. PRESS RELEASE DAEJEON, KOREA (November 4, 2015) – Korea’s second largest lens manufacturer, Daemyung Optical Co. Ltd. (DMO), announced today it has been purchased by Wind Point Partners, a Chicago based private equity investment firm. Details of the […]

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PE-backed Novolex buys Wisconsin Film & Bag

By Iris Dorbian — 4 months ago

Novolex, which is backed by Wind Point Partners, has acquired Wisconsin Film & Bag. No financial terms were disclosed. DLA Piper LLP and Nelson, Mullins, Riley & Scarborough LLP provided advice to Novolex on the transaction while William Blair & Co. and Reinhart Boerner Van Deuren advised WF&B. Based in Shawano, Wisconsin, WF&B is a maker of custom polyethylene bags and films as well as a provider of sustainable and recycled materials.

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Wind Point to exit Argotec

By Luisa Beltran — 5 months ago

Wind Point Partners has agreed to sell Argotec to Schweitzer-Mauduit International Inc. for $280 million in cash (subject to certain customary adjustments). Argotec supplies custom engineered, high-performance, polyurethane films and sheet for a wide variety of critical applications.

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PE-backed Dicom Transportation Group buys Orbis

By Iris Dorbian — 8 months ago

Dicom Transportation Group, which is backed by Wind Point Partners, has acquired Orbis Logistics. No financial terms were disclosed. KPMG LLP served as transaction advisor to Wind Point and Dicom on the transaction. Orbis is a provider of business-to-business last mile services.

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Wind Point Partners acquires Gehl Foods

By Chris Witkowsky — 11 months ago

Wind Point Partners has acquired Gehl Foods, which produces aseptic dairy products. As part of the deal, Wind Point is installing Eric Beringause as chief executive officer, to replace Katherine Gehl. Gehl reported sales of almost $250 million in 2014.

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Wind Point-backed Dicom buys Modern Forwarding

By Iris Dorbian — 11 months ago

Dicom Transportation Group, a portfolio company of Wind Point Partners, has acquired Modern Forwarding. No financial terms were disclosed. KPMG LLP served as a transaction advisor to Wind Point and Dicom on the transaction while AIM Group Canada was financial advisor to Modern Forwarding. Based in Ontario, Modern Forwarding is a provider of regional truckload transport services with a focus on U.S.-Canada cross-border business.

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Wind Point-backed Vertellus closes buy of Dow’s SBH business

By Iris Dorbian — 1 year ago

Vertellus, a portfolio company of Wind Point Partners, has completed its previously announced acquisition of Dow Chemical‘s sodium borohydride business. No financial terms were disclosed. Based in Elma, Washington, the SBH business is a maker of sodium borohydride used in the synthesis of fine chemicals.

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PE-backed Nonni’s Foods names new CEO

By Iris Dorbian — 1 year ago

Nonni’s Foods LLC, a portfolio company of Wind Point Partners, has hired Brian Hansberry as CEO. The appointment is effective immediately. Hansberry replaces Dave Beré, who is retiring as CEO, and will now serve as chairman of Nonni’s board of directors. Previously, Hansberry worked at Wm. J. Wrigley Jr. Co. where he served as chief marketing officer of North America and vice president of U.S. gum, confections. Headquartered in Oakbrook Terrace, Illinois, Nonni’s is a producer of cookies and baked goods.

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Ontario Teachers’ Pension Plan takes majority stake in Shearer’s Snacks

By Luisa Beltran — 1 year ago

The Ontario Teachers’ Pension Plan said Thursday it acquired an additional equity sake in Shearer’s Snacks. The seller was Wind Point Partners. Financial terms weren’t announced. Teachers’ acquired its initial stake in Shearer’s in 2012 and now holds a majority stake. Massillon, Ohio-based Shearer’s is a contract manufacturer and private label supplier of snacks in North America.

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Wind Point-backed Vertellus to acquire Dow’s SBH business

By Iris Dorbian — 1 year ago

Vertellus, a portfolio company of Wind Point Partners, has agreed to buy Dow‘s sodium borohydride business.. No financial terms were disclosed. The SBH business is a maker of sodium borohydride used in the synthesis of fine chemicals. The transaction is expected to be completed in the first quarter of 2015.

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PE-owned Vision-Ease Lens recruits new CEO

By Iris Dorbian — 1 year ago

Vision-Ease Lens, which is owned by Wind Point Partners, has hired John Weber as its new CEO. Weber will be succeeding Doug Hepper who will transition to executive chairman. Previously, Webber worked at CooperVision where he served as president. Headquartered in Ramsey, Minn., Vision-Ease Lens is a maker of ophthalmic lenses.

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PE-owned Novolex to buy Packaging Dynamics

By Iris Dorbian — 1 year ago

Novolex, which is owned by Wind Point Partners, has agreed to buy Packaging Dynamics, a provider of flexible packaging solutions. No financial terms were disclosed. The deal is expected to be completed in the fourth quarter of this year. Deutsche Bank, BMO Capital Markets, DLA Piper and Nelson, Mullins, Riley & Scarborough advised Wind Point on the transaction while Harris Williams and Ropes & Gray advised Packaging Dynamics. Kohlberg & Company currently owns Packaging Dynamics.

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PE-backed Hilex Poly buys Duro Bag Manufacturing

By Iris Dorbian — 2 years ago

Hilex Poly, a portfolio company of Wind Point Partners, has acquired Duro Bag Manufacturing Company. No financial terms were disclosed. The Peakstone Group was the M&A advisor to Duro on the transaction. Based in Florence, Kentucky, Duro is a maker of paper bags for foodservice, grocery, wholesale distribution and other markets.

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PE-backed Shearer’s Foods agrees to buy Lance Private Brands

By Iris Dorbian — 2 years ago

Shearer’s Foods, a portfolio company of Wind Point Partners and Ontario Teachers’ Pension Plan, has agreed to acquire Lance Private Brands from Snyder’s-Lance. No financial terms were disclosed although some news outlets report the amount of the purchase to be $430 million. Lance Private Brands is a maker of cookies, crackers and wafers.

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