Good morning Hubsters, Craig McGlashan here with the Tuesday Wire. We’re focusing on a couple of sectors this morning, as we take a look at CenterOak Partners inking a deal in property services – a sector where we’ve seen a lot of business of late. Next we switch to logistics, with deals from Bregal Sagemount in the airport sub-sector and TorQuest Partners in the field of supply chain management. We then round things out with the latest deal from an acquisitive packaging company backed by Advent International. Property services CenterOak Partners has recapitalized a Nashville-based company that maintains, repairs and installs exterior access control equipment. Read more about a recent flurry of activity in the property services sector in the subscriber version of the Wire. Other recent deals in this sector include Trinity Hunt adding two businesses to its Visterra Landscape platform and One Rock Capital Partners investing $500 million in BrightView Holdings. We’ve also seen plenty of action in this sector over on PE Hub Europe. You can see a roundup of some of the recent deals in this listicle by Irien Joseph. Logistics The other trend I’ve spotted today is in the logistics sector. Bregal Sagemount has made a majority investment in a Houston-based provider of advanced logistics services to airports and other transportation hubs. Meanwhile, TorQuest Partners has invested in a full-service supply chain management and third-party logistics business based in Brantford, Ontario. Packaged deal Advent International portfolio company Imperial Dade has been on a bit of an add-on tear of late and added another business in the packaging sector today. Read more in the full version of the Wire. Right, that’s a wrap (excuse the pun) – Chris Witkowsky will be with you tomorrow for Wire Wednesday. Cheers, Craig Read the full Wire commentary on PE Hub ... |