BioSafe Systems Redemption and Financing of Minority Equity Interest BioSafe Systems is a family-owned manufacturer of biodegradable crop protection, sanitation, and water treatment products. BioSafe is one of the country’s largest manufacturers of
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  • BioSafe Systems

    Redemption and Financing of Minority Equity Interest

    BioSafe Systems is a family-owned manufacturer of biodegradable crop protection, sanitation, and water treatment products. BioSafe is one of the country’s largest manufacturers of peroxyacetic acid products and has pioneered many of the applications for peroxyacetic acid used today in agriculture, horticulture, animal health, and water treatment. The company is a leader in biopesticide products, and helps provide solutions that are simply sustainable but always effective.

  • Central Moloney has been acquired by Wind Point Partners

    Financing by Monroe Capital

    Central Moloney, Inc. is a leading manufacturer of distribution transformers and transformer components. CMI offers a wide variety of single-phase and three-phase distribution transformers including, overheads, pad mounts and submersibles. For forty years, CMI has led the industry with innovative products to improve the quality and reliability of electrical power equipment. In the mid 1980’s CMI was the first to introduce thermoplastic primary and secondary bushings to the transformer industry. The success of these bushings led to a complete transformation of these products utilizing advanced thermoplastic technology. A range of manufacturing processes, including polymer casting, transfer molding, pressure gelation, and thermoplastic injection molding allow extreme versatility in meeting customer’s needs.

    Wind Point Partners is a private equity investment firm headquartered in Chicago that partners with top caliber executives to acquire well positioned middle market businesses where it can establish a clear path to value creation. Founded in 1984, the firm has raised and invested over $5 billion and invested in over 100 companies.

    Monroe Capital LLC is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, technology finance, venture debt, opportunistic, structured credit, real estate and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles.

  • Family Owned Medical Disposable Supplier

    Acquired by a multi-billion revenue strategic

    The company is a leading supplier of wound care, disposable blankets, surgical dressings, burn care, medical tapes, personal protection, patient care, antiseptics, cleansing products, incontinence care, skin care, bathing, personal care, oral care, rehab, exercise therapy and health and beauty. The company’s long established history has established it as a market leader with a focus on research and development, quality manufacturing and supply chain management, providing healthcare professionals with innovative solutions.

  • Weld Spec is acquired by HMT Tank…

    a portfolio company of Tailwind Capital

    Weld Spec was established in 2001 with the goal of providing superior NDE and inspection services to its industrial clients with trained, certified and well-equipped personnel. Weld Spec provides services to capital projects, maintenance construction and inspection projects, turnaround and on-stream services to major industries including refining, petrochemical, oil & gas, power generation, and wind energy industry sectors.

    HMT is the leader in the above ground storage tank industry offering comprehensive solutions for tank design, construction, maintenance, inspection, and repair services.

    Tailwind Capital is a middle market private equity firm focused on growth-oriented investments in targeted sectors within industrial services, healthcare and business services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Tailwind manages over $3 billion of committed equity capital and has invested in 35 portfolio companies and over 55 add-on acquisitions.

  • Cognitus continues to pioneer SAP solutions

    Growth Capital by Haven Capital Partners

    Cognitus is a global information technology company with over twenty years of pioneering SAP solutions. Cognitus remains at the forefront of innovation, with expertise across a variety of industry verticals with a concentration in aerospace and defense. Harnessing their leading industry-specific SAP add-on solutions, advanced cloud technologies, and AI-driven solutions, complemented by their end-to-end SAP implementation and support they provide mission critical services. Evolving geopolitical landscapes and technological advancements continuously reshape the aerospace and defense industry, driving firms toward more integrated, secure, and agile operations. With SAP Recognized Expertise in Aerospace & Defense, Cognitus helps their clients stay at the leading edge of innovation while reducing risk.

    Haven Capital Partners is a private investment firm that provides flexible capital solutions to lower middle market businesses within Technology Services, Healthcare and Education.

  • A&R Transport and Alliance Logistics

    Recapitalized by FdG Associates

    A&R Logistics and is the nation’s largest provider of bulk transport and related services to the plastic resin industry, as well as a provider of third-party logistics services to shippers in a variety of other industries. The company operates from 22 facilities throughout the United States and manages a specialized fleet of over 1000 tractors and 1,500 trailers.

    Carriage Hill assisted the majority shareholder in a recapitalization that provided substantial liquidity for him and his family while providing financing for multiple acquisitions and for critical capital projects. While other trucking firms suffered through the economic downturn, A&R took substantial market position from its competitors and then had a liquidity event at which the founding shareholder received more on the second bite of the apple than he did on the original recap.

    FdG Associates is a leading private investment firm providing equity capital to North American-based middle market growth companies with “best-of breed” business models and unrealized potential.

  • Allied Extruders is recapitalized by Red Diamond Capital

    Allied Extruders, based in Long Island City, New York, is a leading producer of high-density and low-density polyethylene film sold to converters and specialty packaging companies.

    Allied manufactures a wide array of tubing, centerfolds, and gusseted material, and uses various resins to accommodate the market’s requirements for strength, seal-ability, and clarity.

    Formed in 2002, Red Diamond Capital is an independent $150 million private equity fund that invests in middle market manufacturing, distribution and service businesses in North America. Through their partnership with Mitsubishi Corporation, Japan’s leading trading company, Red Diamond offers a unique mix of strategic resources, industry-focused capital, and management expertise to fuel the growth of their portfolio companies.

  • American Spraytech recapitalized by BBH Capital Partners

    American Spraytech is a turnkey, innovation and research based manufacturer of aerosol and continuous spray products for the cosmetics, personal care, and over-the-counter drug industries.

    They are a cGMP, ISO 13:485 compliant facility registered with the FDA and EPA. The company’s clients range from boutique salons and personal care brands to Fortune 500 consumer goods companies. Their business is propelled by cutting-edge technology, customer service, and quality.

    Brown Brothers Harriman Capital Partners (BBHCP) is a private equity strategy that provides highly customized, one-stop capital solutions to lower middle‐market companies. They currently have committed capital of approximately $1.1 billion that is available to be invested.

    BBHCP invests between $10 million and $125 million in businesses with enterprise values of $10 million to $500 million and can invest substantially more by partnering with strategic co-investors or through co-investments from their limited partners. They focus on investments in the healthcare, technology, media and telecommunications, and business products and services industries, supporting a range of transactions, from buyouts and growth equity to recapitalizations and acquisitions.

  • &Pizza

    Growth Capital from Private Investors

    Carriage Hill assisted the founders/owners of &Pizza with structured debt/equity capital raise with a family office to support the company’s growth and expansion.

    &Pizza is a unique fast casual pizza concept, founded in 2012 by Steve Salis and Michael Lastoria. &Pizza offers handmade (with fresh ingredients) pies in several flavor combinations served in shops reflecting the culture and people of its neighborhood. It also has a variety of housemade and branded wines, hand-crafted sodas, salads, and desserts. The company, which already operates nine locations in the DC metropolitan area, intends to use the proceeds to open six more in the first half of 2015 and then expand geographically.

  • Arizona Natural Resources recapitalized by Core Industrial Partners

    Arizona Natural Resources, Inc. is a leading developer & contract manufacturer of personal care products with an expertise in skincare & haircare products.

    Founded in 1972, ANR serves some of the most prestigious health and beauty companies throughout the United States from its 132,000 square foot FDA-registered and cGMP-compliant facility in Phoenix, Arizona.

    CORE Industrial Partners is a Chicago-based private equity firm investing in North American lower middle-market manufacturing and industrial technology businesses. CORE’s team is comprised of highly experienced former CEOs and investment professionals with shared beliefs, deep experience, and a proven track record of building market-leading businesses. Through our capital, insight, and operational expertise, CORE partners with management teams to create unique value, grow revenues, and consistently deliver lasting results.

  • BBC Biochemical acquired by Statlab, a portfolio of Cressey & Company

    BBC has served as a chemical supply company to multiple industries for nearly three decades.

    Founded with the desire to manufacture and improve the critical chemical supplies used by clinical and research laboratories, BBC quickly grew into an industry leader in this field and branched into further disciplines. Today BBC Biochemical has multiple manufacturing and shipping locations within the US and BBC products are used in laboratories the world over.

    Founded in 1976, StatLab is a leading specialty supplier exclusively focused on providing histology, cytology and other consumable supplies to more than 3,000 anatomic pathology laboratories throughout the United States.

    Cressey & Company is a private investment firm focused exclusively on investing in and building leading healthcare businesses. The Cressey & Company team manages an active portfolio of healthcare investments in a wide range of segments. Through four predecessor funds to which they continue to provide management services and their current fund, Cressey & Company Fund V LP, the Cressey & Company team has managed in excess of $2 billion of capital committed to building leading healthcare companies in partnership with outstanding executives and management teams.

  • Bradley-Morris is recapitalized by Pine Tree Equity Partners

    Bradley-Morris is the largest military job placement firm in the United States.

    The company helps Fortune 1000 and middle market companies hire military personnel that are transitioning out of the service into the private sector. As the leading military job placement firm, Bradley-Morris provides superior talent to U.S. companies that are seeking to hire management, engineering, sales, operations, technical, maintenance and diversity candidates, while providing a valuable service to our country’s veterans.

    Pine Tree Equity is a Miami based private equity group with nearly $200 million in committed equity capital that is focused exclusively on investing in and expanding high quality, small capitalization companies with revenue of $10 million to $50 million in partnership with management.

  • BrightLife Direct is a leading source of compression hosiery and support stocking on the Web.

    The company has a full line of products from Jobst, Mediven, Juzo, Therafirm and Sigvaris, plus the company’s proprietary brand Allegro.

    As the company has grown over the years, so has the selection of products they offer. For people with lymphedema they have compression arm sleeves, gloves, gauntlets and alternative compression therapy from Juzo, Mediven, Jobst, LympheDiva’s, Gottfried, Farrow and Solaris. Plus they sell bandages by BSN-Medical, Lohmann & Rauscher, and BiaCare. Arthritis sufferers will love Therall products from FLA Orthopedics. For individuals with sensitive feet or diabetes.

    BDC Management is a private investment group focused on providing capital and resources to rapidly growing, high quality Internet retailers in the middle market.

  • Prestige Cosmetics is acquired by Caret Corporation

    Carriage Hill represented Caret Corporation in their acquisition of Prestige Cosmetics.

    Prestige Cosmetics epitomizes premium quality with undeniable value. The company’s unique range of cutting edge, high quality and luxurious products formulations are highly effective yet skin friendly. Prestige is an expression of classic beauty and modern sophistication. It has universal appeal that transcends generations, ethnicity and status. The brand is sold through a wide range of channels including specialty stores, pharmacies, department stores and perfumeries in fifty four countries worldwide.

    Caret Corporation is a private holding company that invests in beauty companies throughout the United States and Europe.

  • Clever Devices recapitalized by BBH Capital Partners

    Clever Devices designs innovative technology solutions for all modes of public transportation, including fixed-route, bus rapid transit, paratransit and rail. Their solutions enhance mobility and help meet the public transportation challenges of communities around the world.

    Clever Devices delivers scalable and modular Intelligent Transportation Systems (ITS), providing benefits to transit system operators and the riding public. Clever Devices has locations in the United States, Canada, Brazil and Italy and services the largest transit agencies in the world providing cutting-edge solutions that help transit agencies work smarter, safer and more efficiently.

    Brown Brothers Harriman Capital Partners (BBHCP) is a private equity strategy that provides highly customized, one-stop capital solutions to lower middle‐market companies. They currently have committed capital of approximately $1.1 billion that is available to be invested.

    BBHCP invests between $10 million and $125 million in businesses with enterprise values of $10 million to $500 million and can invest substantially more by partnering with strategic co-investors or through co-investments from their limited partners. They focus on investments in the healthcare, technology, media and telecommunications, and business products and services industries, supporting a range of transactions, from buyouts and growth equity to recapitalizations and acquisitions.

  • Clinical Associates

    Management buyout from parent company Life Bridge Health Services

    Clinical Associates P.A. was founded in 1972 in Baltimore by four physicians seeking to create a modern patient-focused medical practice and has grown to more than 60 physicians, specialists, and health care providers and 200 support staff in 11 locations in Baltimore County and Baltimore City. Today group serves more than 219,000 patients annually, and their physicians and specialists have admitting rights to 20 health care facilities in Baltimore City and Baltimore County.

    Carriage Hill assisted the principals buy back the group from Life Bridge Health Partners, a regional health care organization based in northwest Baltimore city and Baltimore County.

  • Clock Spring acquired by Wind Point Partners

    Clock Spring is a high-performance critical infrastructure solutions company.

    The company’s highly engineered products are used to repair and rebuild critical infrastructure with innovative and safe solutions that are easy to install and cost-effective to deploy. Ranked among the industry’s most innovative solutions, AVT products provide solutions for emergency line repair and maintenance of pipelines. Citadel Technologies is a leading manufacturer of engineered composite repair products.

    Wind Point Partners is a private equity investment firm that partners with top caliber executives to acquire middle market businesses where they can establish a path to value creation. Established in 1984, Wind Point has raised seven funds with over $2.8 billion in commitments and acquired more than 90 platform companies and 160 add-on acquisitions.

  • Clock Spring Company acquires Advanced Valve Technologies and Citadel Technologies

    Carriage Hill was engaged Clock Spring as an exclusive M&A advisor and assisted the shareholders and management in developing a strategy to ignite growth and accelerate value.

    Carriage Hill identified multiple acquisition opportunities and assisted the company in its acquisition of Advanced Valve Technologies and Citadel Technologies.

    Clock Spring is a high-performance critical infrastructure solutions company. The company’s highly engineered products are used to repair and rebuild critical infrastructure with innovative and safe solutions that are easy to install and cost-effective to deploy. Ranked among the industry’s most innovative solutions, AVT products provide solutions for emergency line repair and maintenance of pipelines.

    Citadel Technologies is a leading manufacturer of engineered composite repair products.

  • Clock Spring acquired by Wind Point Partners

    Clock Spring is a high-performance critical infrastructure solutions company.

    The company’s highly engineered products are used to repair and rebuild critical infrastructure with innovative and safe solutions that are easy to install and cost-effective to deploy. Ranked among the industry’s most innovative solutions, AVT products provide solutions for emergency line repair and maintenance of pipelines. Citadel Technologies is a leading manufacturer of engineered composite repair products.

    Wind Point Partners is a private equity investment firm that partners with top caliber executives to acquire middle market businesses where they can establish a path to value creation. Established in 1984, Wind Point has raised seven funds with over $2.8 billion in commitments and acquired more than 90 platform companies and 160 add-on acquisitions.

  • American Infrastructure has invested in Empire Petroleum

    Empire Petroleum is a leading motor fuels distributor of top brands including Sunoco, BP, Chevron, Marathon, Texaco, Valero, Gulf, and Getty / Lukoil.

    Headquartered in the Washington, D.C. Metro area, Empire currently distributes motor fuel products to gas stations in 12 Mid-Atlantic, Southeastern and Midwestern states.

    Introduced to Empire by Exxon Mobil, Carriage Hill assisted Empire in recapitalizing the company and acquiring four business in twenty four months, increasing ebitda in that period by over 500%.

    Based in Foster City, California, the American Infrastructure MLP Funds is a private equity firm investing in real property, infrastructure and natural resource-related companies. Their innovative strategy is designed to provide unique advantages for the owners, management teams and businesses in which they invest.

  • Empowering Writers

    Management Buyout

    Empowering Writers a leading educational training and publishing company focused on improving teacher practice in the area of writing instruction for kindergarten through eighth grade. The company’s methodology for writing instruction is extremely effective in improving student writing and reading comprehension, and is a proven method of increasing student test scores. The products and services of Empowering Writers are comprised of teachers’ resources (content), full day teacher workshops/trainings, and teacher coaching.

    Carriage Hill assisted the shareholders and management of the company work through a management buyout, providing liquidity to certain shareholders while assisting other shareholders to increase their ownership.

  • GCom Software recapitalized by Sagewind Capital, Bagnols Family Office, and Cerberus

    GCom Software is a high growth, software solutions company and a leading provider of information technology, project management, design and development of systems for state and city governments.

    Carriage Hill represented the shareholders in the recapitalization of the business and invested capital alongside management and the new investors.

    Sagewind Capital is a private equity firm focused on partnering with great management teams to build businesses over the long run. They seek to invest in successful middle market companies in dynamic industries to accelerate growth, and our patient approach to capital deployment provides management teams with a longer time horizon to execute their strategic objectives.

    Bagnols has long term, patient family office capital and is able to hold its investments longer than many private equity funds. There is a preference to hold winners longer and allow the capital to compound on a tax deferred basis in order to maximize higher multiples on invested capital over many years.

    Founded in 1992, Cerberus is a global leader in alternative investing with approximately $42 billion in assets across complementary credit, private equity, and real estate platforms.

  • Hyphen Solutions, a portfolio company of PWP Growth Partners, acquires HomeFront Software

    Carriage Hill represented Hyphen Solutions, a portfolio company of PWP Growth Partners, in the acquisition of HomeFront Software, a leading ERP platform focused on residential builders.

    Hyphen Solutions, LLC provides over 69,250 builders, installers, and manufacturers with industry-leading supply chain scheduling, procurement, and collaboration solutions. Hyphen’s SaaS applications deliver greater operational control, better communications, and increased productivity for both home builders and their building partners who use our applications. The Hyphen Network services over 450 builder divisions which loaded more than 270,552 new homes on the system in 2018. This existing network published over 27 million home builder purchase orders last year totaling in excess of $32 billion in PO dollars.

    PWP Growth Equity focuses on growth-oriented, lower-middle market companies primarily within the United States. They seek to partner with existing owners and management teams across the consumer, services, and industrial sectors to deliver capital in tailored and flexible structures.

  • Wind Point Partners acquires Interface Performance Materials

    CH represented Wind Point Partners in their acquisition of Interface Performance Materials and has recently been engaged by the company to assist with their acquisition strategy.

    Interface Solutions is a leading manufacturer of sealing systems and engineered composite materials, including a unique line of specialty papers. The organization enjoys long-established cooperative partnerships with customers in an array of worldwide markets. With a heritage of technical innovation, production expertise and product excellence that were the hallmarks of the businesses that make up today’s Interface Solutions, the company’s core competency is applying materials science and polymer chemistry to create the best solutions for their customers’ specific applications.

    Wind Point Partners is a private equity investment firm that partners with top caliber executives to acquire middle market businesses where they can establish a path to value creation. Established in 1984, Wind Point has raised seven funds with over $2.8 billion in commitments and acquired more than 90 platform companies and 160 add-on acquisitions.

  • Carriage Hill represented the owners of InterviewStream with a sale of the company to RIVS.

    Founded in 2003, InterviewStream pioneered the use of mock interviewing technologies to prepare university and college students for interviews. Over the last decade it has built pre-recorded interviewing, live interviewing and mock interviewing solutions for corporate and university markets making it easy to interview wherever and whenever is most convenient.

    RIVS connects recruitment teams to quality candidates through digital interviews. Video, voice, and written interviews reveal key candidate communication and personality skills earlier on in the selection process, helping organizations discover top talent, while reducing time to hire and costs associated with interviewing.

  • Legacy Healthcare Services, Inc. Shareholder Buyout

    Carriage Hill represented the CEO of Legacy Healthcare Services in her buyout of three generations of family-member shareholders.

    Legacy provides Physical Therapy, Occupational Therapy, Speech/Language Pathology and Wellness services in all areas of the post-acute setting in 12 states and the District of Columbia. Legacy provides services solely to the senior population in Skilled Nursing Facilities, CCRCs, free standing Assisted Living and Independent Living Communities. Legacy has a variety of clinical programs aimed at ensuring that the seniors it serves are provided with every opportunity to live their best lives.

    The company is expert in every aspect of skilled therapy care provided to the rehab patients during their nursing home stay.

  • Light Efficient Design has acquired Remphos Technologies

    Design and manufacturing of quality, patented LED retrofit products with a focus on commercial markets.

    Carriage Hill represented Light Efficient Design a leading designer and manufacturer of quality, patented LED retrofit products with a focus on commercial markets in their acquisition of Remphos Technologies, a rapidly growing technology company focused on environmentally friendly, energy efficient LED lighting.

    Since 2008, Light Efficient Design has combined design sensibility with innovative technology advancements to become the premier source for energy-smart LED retrofit solutions. As pioneers in the ever-advancing LED industry the company leverages inventive technologies, such as advanced active cooling and smart temperature control.

    With a commitment to innovation, Light Efficient Design invests in R&D and product testing to ensure the performance and reliability of their unique product designs.

  • Noble Systems is recapitalized by Brown Brothers Harriman

    Noble Systems Corporation is a leading international software and service provider of contact center technology.

    Their solutions allow companies to communicate more effectively with their customers via multiple channels, including inbound/outbound/blended voice, email, fax and web. The company’s products and services are used in banking, collections, fundraising, healthcare, research, media and publishing.

    Carriage Hill assisted the founder and CEO in acquiring three companies while providing liquidity to him and his family. This was accomplished without him giving up board control of the company. The company has grown earnings by over 300% since the close of the transaction.

    Brown Brothers Harriman is the oldest and largest partnership bank in America. In addition to a full range of commercial banking facilities, the firm is among the leading providers of global custody, foreign exchange, private equity, merger and acquisition services, investment management for individuals and institutions, personal trust & estate administration and securities brokerage. The transaction was funded with equity and junior capital from Brown Brothers Harriman and senior debt provided by Wells Fargo Foothill.

  • North Star Seafood is recapitalized by Trivest Partners

    North Star Seafood is a rapidly growing, value added specialty food distribution company that is a leading provider of fresh and frozen seafood throughout South East United States and the Caribbean.

    The company has enjoyed twenty years of continuous growth and profitability and is well known for its consistent ability to provide high quality products and service to better hotels, restaurants, country clubs and cruise lines.

    Carriage Hill assisted the founder in transitioning the company to one of his three sons, while providing liquidity for his estate and growth capital for acquisitions. The company acquired two businesses and grew 50% within twelve months of the transaction’s closing date.

    Trivest Partners is a private equity firm focused on partnering with founder and family owned businesses in the United States and Canada. Since its inception in 1981, the firm has completed 185 transactions creating over $4.5 billion in value.

  • Thomas Scientific acquires Phenix Research Products

    Carriage Hill represented Phenix Research Products in the sale of the business to Thomas Scientific a portfolio company of The Carlyle Group.

    Phenix Research Products is a well-regarded brand with a track record of customer-centric innovation and expansion in four key areas: cryo-storage, PCR, robotics/automation, and TC. The company is a provider of laboratory products in the life science research market.

    Thomas Scientific provides the latest in equipment and supplies to the science community. In accordance to the tradition of the original founders, Thomas Scientific itself offers individualized customer service, innovative scientific equipment, and a comprehensive catalog offering a wide selection of product listings.

    The Carlyle Group is a global investment firm with $224 billion of assets under management across 374 investment vehicles. Founded in 1987 in Washington, DC, Carlyle has grown into one of the world’s largest and most successful investment firms, with more than 1,775 professionals operating in 32 offices in North America, South America, Europe, the Middle East, Africa, Asia and Australia.

  • Polder Housewares is recapitalized by Topspin Partners

    Carriage Hill is an advisor to Polder Housewares and assisted the company with a recapitalization with Topspin Partners.

    CH invested along side Topspin and the management of Polder and is now leading the company’s acquisition strategy.

    Polder Housewares is a leading designer and manufacturer of branded consumer products. The company is well known for its consistent ability to provide high quality products and has been a leader in upscale consumer home goods since 1976. The core aspiration of the brand is to offer products that make daily tasks easier through innovation, value and good design. Polder initially made its name by offering high quality, European produced products sold at better stores.

    Topspin Partners is a private equity firm that focuses on investments in lower middle-market companies that are both defensible and differentiated. The firm focuses on businesses that have characteristics that enable them to compete in the marketplace by providing a different and, in many cases, unique approach to addressing an existing market need.

  • Quantum Medical Imaging is recapitalized by Riverside Partners

    Quantum Medical Imaging, a highly innovative and fast-growing technology company, is a leading designer and manufacturer of high quality medical radiographic systems for hospitals and imaging centers around the world.

    The company supplies the radiographic imaging industry with superior products for enhanced diagnostic capability. The Riverside Partners’ investment will be used by Quantum to enhance its international market expansion and to aggressively develop new products. Quantum has been growing at an average rate of 45% per year for over five years and has many exciting new programs to continue its superior growth profile.

    Founded in 1989, Riverside Partners is a private equity firm that invests in leading healthcare and technology companies based in North America, with a particular focus on companies that are founder and family owned. Riverside’s goal is to partner with companies to add significant value while allowing owners to reach their personal financial and professional goals.

  • Riverside Company recapitalizes Bentley Laboratories

    Carriage Hill introduced Riverside Company who recapitalized Bentley Laboratories, providing acquisition financing and liquidity.

    Bentley Laboratories is a leading provider of outsourced manufacturing and formulation resources for the beauty and pharmaceutical industries. The company has a long history with a deep list of products in the beauty and OTC Pharmaceutical industries. This roster includes large, mid-size and even niche companies.

    The Riverside Company is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 410 transactions. The firm’s international portfolio includes more than 80 companies.

  • SDI is recapitalized by Monument Capital Group and LLR Partners

    SDI provides advanced security systems integration and managed services, ranging from strategic advisory services on system selection, to long-term operational and technical support for clients’ physical security, IT security systems, and infrastructure. SDI possesses deep competency in the protection of large complex critical infrastructure such as airports, seaports, rail and subway systems, and other installations that are vital to global and national security.

    Monument Capital Group is a Washington, DC based private investment firm co-founded by Douglas B. Baker, a former Special Assistant to President George W. Bush, and Robert J. Dunn, a former member of The Carlyle Group’s buyout team. Monument invests predominantly within the security and defense sector. Monument Capital Group is enhanced by an Advisory Board that includes James A. Baker, III, former Secretary of State and former Secretary of Treasury; Frank C. Carlucci, Chairman Emeritus of The Carlyle Group and former Secretary of Defense.

    LLR Partners, a leading private equity firm based in Philadelphia, Pennsylvania, that provides capital to middle market growth companies with proven business models in a broad range of industries. With over $1.4 billion under management, LLR is flexible in its approach, investing up to $100 million in any one transaction, taking minority or majority position and leading transactions ranging from expansion and growth capital to shareholder recapitalizations and buyouts.

  • Andlinger & Company acquires Seitz Corporation

    Carriage Hill represented Andlinger & Company in their search for a platform company in the engineered products space and represented them in their acquisition of Seitz Corporation.

    Seitz turns product concepts into exceptionally well-engineered and well-made realities using plastic injection molding and complete custom design and assembly solutions. Setting Seitz apart is a unique ability to deliver collaborative engineering that ensures the highest quality part with a focus on quality, efficiency and service that exceeds customer expectations. Seitz value affects more than its customer’s bottom line by creating more ergonomic, reliable and thoughtful products that elevate the end user experience and the customer brand.

    Andlinger & Company is a family owned partnership that has acquired more than 100 companies over the last thirty years. The principals invest their own capital and have an operational focus.

  • DW Healthcare acquires General Home Pharmacy

    General Home Pharmacy is a leading compounding pharmacy that operates under the brand Sinus Dynamics.

    The company offers a selection of drug delivery devices designed to deliver compounded medications topically within the nasal and sinus regions. The pharmacy produces custom compounded liquid and liquid gel antibiotic, antifungal, and anti-inflammatory medications in their state of the art, quality controlled laboratories.

    Carriage Hill assisted the founder and CEO in capturing the value that he had created and helped position the company for accelerated growth through a merger with a private equity owned business in the same industry.

    Formed in 2002, DW Healthcare Partners is a healthcare focused private equity firm. DW invests in leading healthcare companies with high growth potential in the middle market. Their extensive knowledge of the healthcare market allows them to understand the operational and strategic issues confronting business owners and help accelerate the growth of businesses in order to build shareholder value.

  • Specified Technologies, Inc. has acquired Alva-Tech, Inc.

    Specified Technologies is an industry leader in developing innovative fire protection systems that help stop the spread of fire, smoke and toxic fumes.

    For over 30 years the company has worked hand in hand with the construction industry to create simple solutions to complex fire-stopping problems. Their SpecSeal® and EZ-Path® product lines are engineered to deliver powerful performance. Because the company’s system designs are user-driven, they are easier to apply. The result is simply designed, outstanding fire protection systems, which often result in lower installed costs.

    Alva-Tech is a high quality intumescent fire-stop manufacturer operating in the United States and doing business globally. The company produces proprietary materials for various applications including but not limited to wall and floor penetrations, poke-through fittings, fire door seals, joints, boxes and enclosures.

  • Trimac Dry Bulk Group acquires StarTrans, Inc.

    Carriage Hill advised Trimac Dry Bulk Group Inc on its purchase of the business and certain assets of StarTrans Inc.

    A South Carolina-based motor carrier, StarTrans is engaged in the transportation of dry bulk products, including cement and lime products, and operates in a 20-state area east of the Mississippi River through a network of nine terminals in eight states. As a part of the purchase, Trimac acquired 280 tractors and 400 trailers, most of which are pneumatic bulk trailers.

    Jeff McCaig, chairman and chief executive officer of Trimac, in announcing this transaction said, “StarTrans strategically fits our long-term objectives in our continued focus of product line diversification, which includes growing our dry bulk segment east of the Mississippi.”

    Affiliates of Trimac operate in all 48 US states, all provinces in Canada, and internationally into Mexico, with annual revenues of approximately $600 million.

  • The USA Bouquet Company is recapitalized by FdG Associates

    The USA Bouquet Company is a leading international designer, importer and value added distributor of bouquets and fresh cut flowers. Headquartered in Miami, with national distribution presence in Chicago, Atlanta, and New Jersey, the company focuses on and is the market leader for providing products and services to the fastest growing segment of the market: the large supermarkets, mass markets and convenience stores across the country, including Wal-Mart, Publix, Aldi and Sam’s Clubs.

    Headquartered in New York City, FdG Associates is a private investment firm providing equity capital to North American-based middle market growth companies with “best-of breed” business models and unrealized potential. By building partnerships with outstanding management teams and providing advisory resources from within and outside of the firm, FdG empowers companies to achieve their full growth and value creation potential. The transaction was funded with equity provided by FdG Associates and USA Bouquet management, as well as debt provided by Merrill Lynch & Co. Terms of the acquisition agreement were not disclosed.

  • Bentley Laboratories acquires Alliance Packaging

    Carriage Hill represented Bentley Laboratories identifying and executing on several transactions including the acquisition of Alliance Packaging.

    Bentley Laboratories is a leading provider of outsourced manufacturing and formulation resources for the beauty and pharmaceutical industries. The company has a long history with a deep list of products in the beauty and OTC Pharmaceutical industries. This roster includes large, mid-size and even niche companies.

    Alliance Packaging Group Inc. is a leading US personal care contract manufacturing company. The company provides contract filling services to manufacturers and distributors for personal care and other hot fill products as well as advertising specialty items. We specialize in product packaging of promotional and private label lip balms, lotions, sunscreens, bath products, creams and balms.

    The Riverside Company is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to $400 million. Since its founding in 1988, Riverside has invested in more than 410 transactions. The firm’s international portfolio includes more than 80 companies.

  • Medquip is acquired by Drive Medical

    Medquip is a leading manufacturer and distributor of innovative healthcare products; specializing in the categories of compressor nebulizer systems, pulse oximeters, and blood pressure monitors.

    MEDQUIP is recognized as being a leading expert in the design of Airial® brand adult and pediatric nebulizer systems. Airial® brand products are known for quality having achieved an industry wide reputation of reliability, with a proven track record of dependability.

    Carriage Hill assisted the founder and CEO of Medquip and the management of Drive to consolidate several division and companies to become the leader in pediatric nebulizers and other respiratory related products.

    Drive Medical Design and Manufacturing is one of the fastest growing global manufacturers of durable medical equipment. The Company markets and distributes its products to customers located throughout North America, Europe, Central America, South America, the Middle East and Asia.

  • Mirabito has acquired Manley’s Mighty Marts

    Carriage Hill represented Mirabito is its acquisition of Manley’s Mighty Marts, a chain of 17 convenience stores in upstate New York.

    Manley’s Mighty Marts was founded in the early 1980s. The chain is known for its competitive fuel prices–sites are branded Valero and Gulf–proprietary foodservice and packaged-beverage focus. Most of the stores feature Big Al’s pizza and Lydia’s Gourmet sandwich programs. Two of the stores have specialty beer distribution centers.

    The Mirabito Family of Companies operates in eight states through multiple businesses, including its c-store chain, natural gas and electric supply, fuel oil, wholesale energy products and services and truck repair. Mirabito established its c-store operations in the 1980s, which include 56 Mirabito, Convenience Express and Quickway Food Store locations in central New York.

  • 220 Laboratories has been acquired by PLZ Aerospace Corporation, a Pritzker Private Capital portfolio company

    220 Laboratories is an industry leader in the manufacturing of uniquely formulated hair, skin, and body products.

    Illinois-based PLZ Aeroscience Corporation, an aerosol and liquid product manufacturer, has acquired Riverside, California-based 220 Laboratories, which develops and formulates hair, skin and body products. The combined operations will offer everything from new product ideation and formula development to the custom manufacturing of aerosol and non-aerosol products. Financial terms were not disclosed.

    Pritzker Private Capital is a family-owned business with a highly specialized approach: we seek to partner with leading, middle-market companies based in North America across the manufactured products, services and healthcare sectors.

    Building successful businesses is at the foundation of Pritzker Private Capital. The Pritzker family has significant experience in building leading businesses over generations, including Hyatt Hotels and Marmon Group. Today, Pritzker Private Capital, a world-class investment firm led by Tony Pritzker, continues that vision with a specialized team of investment and operating professionals who bring significant experience across the manufactured products, services and healthcare sectors.

  • Eaglestone, a portfolio company of Aterian Partners, has acquired ECS Global Solutions

    Since 1995, ECS Energy Conservation & Supply, Inc. has been providing turn-key lighting and controls solutions.

    The company’s comprehensive approach considers long and short-term goals, facility operations, project timelines and budgets. ECS works as both direct National lighting distributors and complete turn-key services provider for energy conservation upgrades.

    Eaglestone is a turnkey provider of initial design, drafting, installation, retrofit and back-end service and maintenance / repair services, as well as services critical to building automation and energy efficiency trends. Eaglestone services a diversified set of attractive end-markets in the New York City region.

    Aterian manages over $700 million of committed capital investing in industry-leading, middle market businesses. We support investments throughout an organization, from people to processes, equipment, technology and social governance, among others.

  • Eaglestone, a portfolio company of Aterian Partners, has acquired New York Engineers

    New York Engineers is an engineering design firm with expertise in Mechanical, Electrical, Plumbing, Sprinkler Engineering, Fire Protection, Construction Administration, Value Engineering, Energy Modeling, Utility Filings, Building Commissioning, and BIM services.

    Eaglestone is a turnkey provider of initial design, drafting, installation, retrofit and back-end service and maintenance / repair services, as well as services critical to building automation and energy efficiency trends. Eaglestone services a diversified set of attractive end-markets in the New York City region.

    Aterian manages over $700 million of committed capital investing in industry-leading, middle market businesses. We support investments throughout an organization, from people to processes, equipment, technology, and social governance, among others.

  • Comtec Mfg, LLC has been acquired by Continuim Partners.

    The company provides customers with solutions and alternatives to costly metal forming processes.

    Comtec is a leading manufacturer of highly engineered OEM metal components utilizing the conventional powdered metal/sintered metal process producing parts from both ferrous and non-ferrous materials. The company provides customers with solutions and alternatives to other more costly metal forming processes to satisfy their requirements for production line product with part design assistance, excellent quality, competitive pricing, and on-time delivery.

    Headquartered in Pittsburgh, Pennsylvania, Continuim Equity Partners brings over $100 million of committed capital and core operating principles utilized at Fortune 500 industrial companies to benefit their portfolio companies and management teams. In addition, they have significant family business ownership, direct owner-operator and private equity experience where they have supported ownership transitions, consolidations, and growth initiatives.

  • Congruex, a portfolio company of Crestview Partners has acquired Tower Engineering Solutions

    Based in Dallas, TES leverages proprietary software and analytical tools to support customers in reducing their cycle times to market and ensuring compliance with industry standards.

    BOULDER, Colo., May 5, 2022 /PRNewswire/ — Congruex, a national end-to-end provider of digital network design and build services, today announced that it has completed the acquisitions of telecommunications service providers Tower Engineering Solutions, LLC (“TES”), and Sorensen Companies Inc. (“SCI”). Financial terms of the transactions were not disclosed.

    Founded in 2012, TES is a structural engineering company focused on wireless tower infrastructure. Based in Dallas, TES leverages proprietary software and analytical tools to support customers in reducing their cycle times to market, ensuring compliance with industry standards, all while achieving substantial cost savings for their customers. TES’s expertise and suite of services, from mount mapping and structural analysis to modifications and inspections, will complement and add new capabilities to Congruex’s existing wireless solutions. TES was founded by Robert Semaan, Executive Partner, and is led by Doug Huff, General Manager.

    Congruex was formed in late 2017, in partnership with Crestview Partners, to take advantage of historic demand for digital connectivity in the U.S. Congruex integrates leading engineering and construction companies into a single, turn-key platform with network capabilities encompassing program management, engineering, construction, and utility relocation. Congruex’s clients benefit from leveraging its self-perform services separately or within an end-to-end solution. Congruex delivers engineering services nationwide and is consistently expanding its construction footprint, which currently serves the Pacific Coast, Rocky Mountain, Central, South Central, Midwest, and Southeast regions.

    About Crestview Partners

    Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations, and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: media, industrials and financial services.

  • DynaGrid, a portfolio company of BBH Capital Partners, has acquired Substation Concrete Services

    The company is a turnkey provider in the substation electrical utility industry.

    DynaGrid provides integrated subgrade services to the utilities market. Headquartered in Dallas, DynaGrid is uniquely qualified to deliver subgrade work associated with substations, switch stations and transmission lines.

    Substation Concrete Services Inc. provides utility construction of power substations. The company is a turnkey provider in the substation electrical utility industry. The company partners with electrical utilities across the southeast providing high quality, well-trained craftsmen to assist their customers in keeping the power on across South Carolina, North Carolina, Georgia and Virginia.

    About Brown Brothers Harriman

    Brown Brothers Harriman Capital Partners (BBHCP) is a private equity strategy that provides highly customized, one-stop capital solutions to lower middle‐market companies. They currently have committed capital of approximately $1.1 billion that is available to be invested. BBHCP invests between $10 million and $125 million in businesses with enterprise values of $10 million to $500 million and can invest substantially more by partnering with strategic co-investors or through co-investments from their limited partners. They focus on investments in the healthcare, technology, media and telecommunications, and business products and services industries, supporting a range of transactions, from buyouts and growth equity to recapitalizations and acquisitions.

  • EVAPCO has acquired Systèmes LMP, Canada.

    Environmentally sustainable refrigeration systems

    With the acquisition, EVAPCO’s refrigeration division strengthens its chiefly ammonia-based industrial technology offerings through immediate expansion into – and synergy with – LMP’s CO2 expertise and product offerings for environmentally sustainable refrigeration systems using natural refrigerants.

    Systèmes LMP, Canada is a CO2 refrigeration systems manufacturer.

  • The Orthodontic Store is acquired by Young Innovations

    Young develops, manufactures and markets supplies and equipment used by dentists, dental hygienists, dental assistants and consumers.

    The Company’s consumables product offering includes disposable and metal prophy angles, prophy cups and brushes, dental micro-applicators, moisture control products, infection control products, dental handpieces (drills) and related components, endodontic systems, orthodontic toothbrushes, flavored examination gloves and other products. In addition, the Company offers a line of diagnostic products that includes panoramic X-ray machines and related supplies.

    Carriage Hill assisted the founders of The Orthodontic Store is selling the company to Young. The Orthodontic Store is a full line provider of orthodontic appliances, supplies and instruments based in Gaithersburg, Maryland.

  • Precision Plumbing has been acquired by Any Hour Electric, Plumbing, Heating & Air, a portfolio company of Knox Lane.

    Any Hour has expanded and now offers electrical, plumbing, heating and air conditioning, drain and rooter services, as well as solar and home automation.

    Precision specializes in residential HVAC, plumbing, and electrical repair and replacement needs of the Boulder and Denver regions. The Electrical department was launched in April of 2005 after purchasing Focus Electric, a locally owned Boulder company.

    Any Hour was established more than 55 years ago, the company has expanded and now offers electrical, plumbing, heating and air conditioning, drain and rooter services, as well as solar and home automation. They have a fleet of over 150 trucks with 165 employees, including certified and licensed, drug-free technicians.

    Knox Lane is an investment firm focused on partnering with growth-oriented businesses in the services and consumer sectors. Their team has an extensive history of working together successfully and has a shared passion for helping to actively support businesses and teams.

  • Quest Technology Management recapitalized by BBH Capital Partners

    Cybersecurity, managed and cloud services, communications services, disaster recovery, and infrastructure services

    Quest Technology Management is a trusted IT integrator with the ability to navigate the complexity of multiple technologies. The company specializes in cybersecurity, managed and cloud services, communications services, disaster recovery and infrastructure services and operates a global network of 24/7 service delivery centers (SDC)across North America, Europe, and Asia, including multiple SDCs throughout the United States.

    All SDCs use state of the art technology and meet the highest possible safety and security standards.

    About Brown Brothers Harriman

    Brown Brothers Harriman Capital Partners (BBHCP) is a private equity strategy that provides highly customized, one-stop capital solutions to lower middle‐market companies. They currently have committed capital of approximately $1.1 billion that is available to be invested. BBHCP invests between $10 million and $125 million in businesses with enterprise values of $10 million to $500 million and can invest substantially more by partnering with strategic co-investors or through co-investments from their limited partners. They focus on investments in the healthcare, technology, media and telecommunications, and business products and services industries, supporting a range of transactions, from buyouts and growth equity to recapitalizations and acquisitions.

  • Verge Scientific has been acquired by The Deerfield Agency of Brand, a portfolio company of Edgewater Funds.

    Deerfield is a full service agency that specializes in healthcare marketing.

    Verge Scientific is a boutique communications agency created specifically for emerging and pioneering healthcare companies. Their team is comprised of senior health and science counselors, each with deep experience advising organizations on strategic corporate, scientific, and product communications and award-winning creative and digital strategists. Verge embeds and grows with the early-stage startups and helps the emerging companies navigate key inflection points with the potential to make or break their business.

    Deerfield is a full service agency that specializes in healthcare marketing. The firm has redefined the agency experience by becoming a true extension of their client’s teams and keeping brands at the forefront of their compelling strategy, creative, media, print, and digital innovation. Comprised of industry leaders and experts who are well versed in every stage of a brand’s life cycle, the Deerfield team is ready to provide a personalized agency experience that will meet the unique goals and objectives of healthcare businesses.

    The Edgewater Funds is a Chicago-based private equity firm with over $3 billion of capital commitments raised since 2001. Edgewater provides capital and experience to outstanding growth companies. Edgewater’s investment approach focuses on funding high quality middle market companies where we can add substantial value through our capital, our experience, and our broad network. Often the profitable growth companies in which we invest are not actively seeking capital and it is our demonstrated ability to help accelerate growth that attracts these companies to a partnership with Edgewater. We are able to structure both growth equity (minority) and buyout investments to accommodate the needs of each investment situation.

  • Audax Private Equity has acquired Dreamstyle Remodeling

    Audax Private Equity seeks to help platform companies fuel revenue growth, optimize operations, and significantly increase equity value.

    Audax Group is a leading alternative investment manager with offices in Boston, New York, and San Francisco. Since its founding in 1999, the firm has raised over $30 billion in capital across its Private Equity and Private Debt businesses. Audax Private Equity has invested over $7 billion in more than 140 platforms and over 1,000 add-on companies, and is currently investing out of its $3.5 billion, sixth private equity fund. Through its disciplined Buy & Build approach, Audax Private Equity seeks to help platform companies execute add-on acquisitions that fuel revenue growth, optimize operations, and significantly increase equity value. With more than 300 employees, Audax is a leading capital partner for North American middle market companies. For more information, visit the Audax Private Equity

    With more than 125,000 successful home improvements since 1989, Dreamstyle Remodeling is a leading provider of remodeling services throughout the South West and the Rockies. From window and door replacements to bathroom remodels and outdoor living upgrades, the company’s services help you live more comfortably in your home.

  • Bakers Waste Equipment acquired by FleetGenius

    FleetGenius provides sustainable container solutions to municipalities, private, and public solid waste haulers across the nation.

    Bakers Waste Equipment, Inc. (BWE) is a Lenoir, North Carolina-based manufacturer and refurbisher of waste hauling and waste compacting equipment. BWE was founded in 1981 and over the last forty years, has maintained a steady position as a premier manufacturer and supplier of waste handling equipment. BWE manufactures steel containers and its proprietary Pinnacle-brand compactors for the waste, construction, recycling, manufacturing and retail industries.

    FleetGenius provides sustainable container solutions to a variety of environmentally-conscious organizations including municipalities, private, and public solid waste haulers across the nation. It specializes in Container Management, Route Audits, On/Off Site Container Washing, Bulk Item Collection, Metal Repair, Commercial Container Deliveries/Swaps/Removals, Commercial Container Rebranding, Outsourced Logistics and Residential Container Deliveries/Swaps/Removals/Repairs.

  • Limbach Holdings has acquired Jake Marshall

    The company provides building owners and general contractors with systems that offer insights and outcomes that maximize the return on investment.

    Limbach Holdings, Inc., (NASDAQ: LMB) is an integrated building systems solutions firm whose expertise is the design, installation, management, service, and maintenance of HVAC, mechanical, electrical, plumbing and control systems. The company has assembled a team of engineering, construction, maintenance, and technology experts to provide building owners and general contractors with systems that work while offering insights and outcomes that maximize the return on investment.

    Jake Marshall, LLC is a full-service Mechanical Contractor located in Chattanooga Tennessee that has served the southeast since 1930.

  • Medical Products

    A leading developer and manufacturer of medical products has been acquired by a strategic buyer

    Carriage Hill represented a best in class, family owned, provider of medical devices and wound care products and advised the family on a sale to a strategic buyer.