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Charlesbank Capital completed the acquisition of EverDriven Technologies from Palladium Equity. (FS)
GIP closes debut emerging markets fund at $2.1bn. (FS)
Capitol Meridian Partners raises $1.2bn for defence and aerospace investments. (FS)
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Atlas Energy Solutions , an oil and gas company, completed the acquisition of Permian Basin proppant production assets and North American logistics operations from Clearlake Capital Group -backed Hi-Crush , an oil and gas company, for $450m.
"We are thrilled to complete this acquisition, which brings two of the leading innovators in the proppant and proppant logistics spaces together, creating a clear industry leader. We believe this combination will accelerate efficiency gains for our combined customer base and will contribute to drive the ongoing transformation of the Permian Basin from a traditional oilfield to a more sustainable state-of-the-art energy manufacturing center on the ground," Bud Brigham, Atlas Energy Executive Chairman and CEO.
Atlas Energy Solutions was advised by 高盛 , Piper Sandler , and Vinson & Elkins (led by?Danielle Patterson and?Alexander Baker). Hi-Crush was advised by Moelis & Company and Baker Botts (led by Jim Marshall ).
Breedon Group plc , a vertically-integrated construction materials group, agreed to acquire BMC Enterprises, a building material company, for $300m.
"The acquisition of BMC represents a compelling opportunity for Breedon to launch our third platform in the USA. BMC has an excellent performance track record over a sustained period and is positioned in an attractive market for future growth," Rob Wood, Breedon Group CEO.
Breedon Group is advised by Moelis & Company (led by Andrew Welby , Mark Aedy and Chris Raff ), Morrison Foerster and MHP Group Communications (led by Reg (Nick) Hoare ).
Charlesbank Capital completed the acquisition of EverDriven Technologies from Palladium Equity. (FS)
Charlesbank Capital Partners , a middle-market private investment firm, completed the acquisition of EverDriven Technologies, a student transportation platform, from Palladium Equity Partners, LLC , a private equity investment firm. Financial terms were not disclosed.
? “We are grateful for Palladium’s partnership and support, and are energized by the opportunities ahead. Charlesbank’s strategic acquisition of EverDriven will help us continue investing in our pioneering technology and services. We have a very passionate team and a company that exists to help get students to and from school, safely, every day, and we are thrilled at the prospect of being able to do that for more students across the country through this new partnership with Charlesbank," Mitch Bowling, EverDriven CEO.
EverDriven was advised by Harris Williams , Houlihan Lokey and Greenberg Traurig, LLP . Charlesbank Capital was advised by William Blair , Ropes & Gray LLP (led by Taylor Hart ?and Paul Sullivan) and Prosek Partners (led by Ryan FitzGibbon ).
GIP closes debut emerging markets fund at $2.1bn. (FS)
New York-based Global Infrastructure Partners (GIP) has closed its debut emerging markets infrastructure fund with an aggregate capital commitment of over $2.1bn, DealStreetAsia reported.
The GIP Emerging Markets Fund I has already deployed over $1bn across a diversified portfolio of assets.
Capitol Meridian Partners raises $1.2bn for defence and aerospace investments. (FS)
Capitol Meridian Partners , a Washington-based investment firm founded by former Partners at Carlyle, has raised more than $1bn to back US government contractors, aerospace and defence companies.
The report that Capitol Meridian Partners raised about $900m for its first fund, exceeding a $650m target, with investors providing an additional $300m for dealmaking.
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