Translink Corporate Finance announces the sale of Universal Security Systems (USS), a European Security Systems Specialist headquartered in London with offices in Finland and Denmark, to Convergint, a global leader in service based systems integration. Translink acted as the exclusive financial adviser to the shareholders of Universal Security Systems.
Translink Corporate Finance announced the sale of Swinton Technology, a market leader in metering supervisory systems and measurement expertise in the oil & gas industry, to Sensia, an automation specialist in oil & gas production, transportation and processing.
Industrial Flow Solutions LLC (“IFS”) a US-based leading provider of industrial pumping solutions and a portfolio company of Chicago-based private equity group May River Capital, has acquired 100% of Dreno Pompe S.r.l. (“Dreno”) an Italy-based business specializing in electrical submersible pumps for industrial, municipal, and residential wastewater applications.
Cal Micro Recycling is an integrated commercial recycler of e-waste, glass, and mattresses. Permitted by California’s Department of Resources Recycling and Recovery (CalRecycle) and Department of Toxic Substances Control (DTSC), the company strictly adheres to State and Federal regulations and provides superior customer service to its state and industrial customers.
HealthComp’s acquisition of Gilsbar’s TPA Division will support continued enhancements in client offerings and growth.
Unifeye Vision Partners (UVP), a leading network of comprehensive eye care providers, announced the completion of a strategic partnership with Oceanside-based Pendleton Eye Center (“PEC”) in Southern California. This practice represents UVP’s sixth practice partnership in California, and its second partnership in the greater San Diego region.
Pathways Health and Community Support, LLC, a portfolio company of Atar Capital and one of the largest providers of behavioral and mental health services in the United States, announced its acquisition of Human Resource Training, Inc. (HRT), an Arizona-based company that provides foster care services, social services and training to families and youth in the central and northern regions of Arizona.
Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, announced a strategic, growth investment in Mattress Warehouse, LLC (“Mattress Warehouse” or the “Company”). Founded in 1989, Mattress Warehouse is a leading independent mattress retailer with over 300 locations.
Graham Partners Growth, the growth equity strategy of Graham Partners, a private investment firm investing in technology-driven companies that are spurring innovation in advanced manufacturing, has completed a minority growth equity investment in Kinova Group Inc. (“Kinova”). Translink Corporate Finance’s partner in the US, Dinan & Company LLC, acted as the exclusive financial advisor to the buyer.
Mid-State Industrial Maintenance (“Mid-State”), a portfolio company of CenterGate Capital, announced that it has further expanded its field and shop capabilities with the acquisition of Elmco Industrial Services (“Elmco”). Headquartered in Van Wert, Ohio, Elmco is a mechanical shop and field services provider to the aggregate, grain, powdered metals, food processing, and general industrial and manufacturing industries. Mid-State and Elmco serve similar end markets with a focus on safety, superior service, and strong long-term customer relationships. Rob Moser, COO of Elmco, commented, “It makes me very proud that Elmco will be partnering with Mid-State. Elmco has grown significantly, and I believe that growth will be accelerated by benefiting from Mid-State’s added resources and capabilities. The transition will present Elmco with many exciting opportunities, both for our employees and our customers.” Mid-State CEO Shawn Toney added, “The acquisition of Elmco contributes towards our vision of providing our customers with the best solution based industrial services available. With the combination of these two great companies, this marks an important milestone for Mid-State as we continue to grow geographic reach for our customers. Our team is truly excited to welcome Elmco employees to the Mid-State family of companies.” Translink Corporate Finance’s partner in the US, Dinan & Company LLC, acted as the advisor to Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital.
About Mid-State Industrial Maintenance
Founded in 1973, Mid-State Industrial Maintenance is a leading provider of on-site and off-site industrial maintenance and service solutions. Headquartered in Lakeland, Florida, Mid-State serves as an outsourced maintenance and repair services provider to customers in the chemical processing, phosphate mining, power generation, building products, and aggregates industries throughout the United States.
About Elmco Industrial Services
Founded in 1998, Elmco provides mechanical shop and field services to commercial and industrial customers across the country. Headquartered in Van Wert, Ohio, Elmco serves a variety of industries including stone quarriers, grain handling, food processing, machining, manufacturing, recycling facilities, and others. Elmco provides shop services from a 30,000 sq. ft facility. Elmco’s dispatch team services companies across the U.S., and internationally, including China, Honduras, Canada, Mexico, and England.
About CenterGate Capital
CenterGate Capital is an Austin, Texas based private equity firm focused on partnering with lower middle market companies with the potential to achieve transformational growth through operational and strategic development. CenterGate brings a balance of financial and operational experience and strategic insight to assist management in driving long-term sustainable growth.
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 32 years of advisory and merchant banking experience dedicated to middle-market transactions.
