The firm has completed more than 100 transactions since its founding in 1990.
In the third transaction, Nielsen-Kellerman acquired Ambient Weather, a leader in weather station and environmental monitoring instruments.īased in Stamford, CT, Clearview Capital specializes in the acquisition and recapitalization of middle-market companies in a broad range of industries, including health care, business services, manufacturing, and specialized distribution. In the second deal, Controlled Products acquired a majority stake in Purchase Green, a specialized distributor of premium quality synthetic turf. It is Pyramid’s fourth behavioral health care acquisition in North Carolina since 2012. In the first transaction, Pyramid Healthcare acquired Freedom Detox Inc., a residential substance withdrawal management program in Gastonia, NC.
Recent innovations make it hard to distinguish synthetics from the real thing, and the sheer number of application possibilities provide the company with exciting growth potential.Alston & Bird client Clearview Capital LP has announced the completion of three acquisitions by portfolio companies Pyramid Healthcare Inc., Controlled Products LLC, and Nielsen-Kellerman Inc. “With the added benefit of Clearview’s experience and resources, we believe we can continue to capitalize on the growing acceptance of synthetic turf in a wide variety of applications,” said Controlled Products President and CEO Scott Lowrie.Ĭlearview Capital Partner Paul Caliento cited Controlled Products’ capacity for further success in the field turf segment as part of the reasoning behind the deal, adding, “We see an even stronger growth story coming from its non-field segments. The company also delivers an array of turf products to original equipment manufacturers and large regional installation companies under private label arrangements. Its products are sold to a national network of dealers and installers under the brand names SporTurf, GrassTex, and Synthetic Turf International. The Dalton, Georgia-based Controlled Products manufactures and distributes premium quality synthetic turf for sports, training, landscape, leisure and specialty applications.
The deal, which closed on March 22, includes what Fund III calls “a significant investment by the management team,” and is the sixth platform company established by Fund III. Clearview Capital Fund III LP of Old Greenwich has acquired a majority interest in Controlled Products LLC.
0 kommentar(er)
