TCP acquires turnkey tank services provider PAT Tank
Private equity firm Transition Capital Partners (TCP) has acquired PAT Tank Inc. in partnership with Plexus Capital. This was TCP’s eighth investment with Plexus Capital, which provided debt and an equity co-investment. Founded in 1945, PAT Tank is a leading, turnkey provider of repair, maintenance and fabrication services for aboveground liquid storage tanks (ASTs) to […]
Shrieve Chemical acquires Connection Chemical
Shrieve Chemical Co., a portfolio company of Gemspring Capital and a value-added chemicals distributor, has acquired Connection Chemical LP, a full-service distributor of industrial chemicals and fine ingredients based in Newtown, Pennsylvania. Terms of the transaction were not disclosed. Founded in 2010, Connection has built a reputation as a trusted partner to a broad range […]
Aecon enhances NA nuclear capability with pending acquisition
Aecon Group Inc. has entered into a definitive purchase agreement to acquire United Engineers & Constructors, a nuclear and conventional power contractor headquartered in Mount Laurel, New Jersey, from affiliates of CriticalPoint Capital for a purchase price of $33 million. United’s management and operational teams will join Aecon upon closing of the transaction, which is […]
