May 9, 2021
Published by Private Equity Professional
Year 14 | Volume 5 | Issue 2
This week's top five transactions
(all free to read)
Butterfly’s Latest Buy is Eggscelent
Butterfly Equity has acquired Pete and Gerry’s Organics, a producer of free-range and pasture-raised eggs. Pete and Gerry’s dates to the late 1800’s when it operated as a dairy cattle and hen farm founded by the Ward family. Two generations later, Carol Ward, Gerry Laflamme, and Peter Stanton created the… Read More
Blue Wolf Sells Mulch and Soil Company to CenterGate
Blue Wolf Capital Partners has sold The Mulch and Soil Company, a provider of lawn and garden products, to CenterGate Capital. The origin of The Mulch and Soil Company begins with Blue Wolf’s acquisition of Suwannee Lumber Company in 2013 and the spin-out of its Suwannee River Mulch division in 2015 as a… Read More
Kinderhook Adds to Circon
Circon Environmental, a portfolio company of Kinderhook Industries, has acquired Water Integrated Treatment Systems (WITS). WITS is a provider of non-hazardous liquid waste treatment, transportation, and testing services to companies operating in the automotive, chemical, food and beverage, oil and gas, and… Read More
Bestop Buys Caliper Maker
Bestop, a portfolio company of Kinderhook Industries, has acquired Marshall Genuine Products (MGP). MGP manufactures caliper covers that are used by automotive enthusiasts to keep wheels clean from brake pad dust by redirecting the dust toward the rear of the vehicle. MGP was founded in 2008 by Mike Barland and is… Read More
Ridgemont Expands Munch’s Supply
Munch’s Supply, a portfolio company of Ridgemont Equity Partners, has acquired API of New Hampshire and Delta T Distributors (together API). 
API is a distributor of heating, ventilation, air conditioning (HVAC), hydronic, and geothermal equipment used in both residential and commercial applications… Read More
Five recent popular articles
(all free to read)
Rest of 2021 to See More Deals, Higher Prices
According to the latest report from BDO, private equity and venture capital fund managers are expecting the rest of 2021 to be awash with M&A activity and heavy competition. The just-published Private Capital Pulse Survey from BDO reports that more than 90% of its survey respondents believe asset prices will increase in… Read More
Infrastructure-Focused Warren Equity Closes New Fund
Warren Equity Partners has closed its third fund, Warren Equity Partners Fund III LP, with $673 million of capital. The new fund, and its sidecar fund (together Fund III), were oversubscribed, above target, and closed at its hard cap after just two months of fundraising. Limited partners in Fund III include both new… Read More
AUA Beats Fund II Target
AUA Private Equity Partners has held a final and oversubscribed closing of AUA Private Equity Fund II LP with total capital commitments of $310 million. The new fund beat its initial target of $300 million and its new and existing limited partners include pension funds, foundations, family offices, fund of funds, and high… Read More
New Fund for New State
New State Capital Partners has closed its third institutional investment fund with $450 million of committed capital. New State’s newest fund was over-subscribed and closed at its hard cap after just four months of fundraising. Limited partners in Fund III include public and private pension funds, consultants, endowments, foundations… Read More
Northlane Beats Target
Middle market private equity firm Northlane Capital Partners has held an above-target close of Northlane Capital Partners II LP (NCP II) with total capital commitments of $408 million. Northlane invests in companies that have EBITDA of $5 million to $30 million and are active in the healthcare and business services sectors. The Bethesda, Maryland-based… Read More
Private Equity Professional has been serving the private equity industry since 2007 and is published by Sun Business Media, LLC. Questions or comments? Email our publisher John McNulty at or call 847-868-8807.