Avem Partners LLC (“Avem”) a Los Angeles-based aerospace private equity firm, is pleased to announce the acquisition of Future Tech Metals, Inc (“Future” or the “Company”) from its founding shareholders. True West Capital Partners provided both debt and a portion of the equity capital for the acquisition. Backbone Capital Advisors, LLC arranged the debt and […] Read more
Deal Closings
July 6, 2018
Celerity Partners is pleased to announce that it has completed an investment in Total Care RX, Inc., a New York-based pharmacy servicing specialty, long-term care and retail patients including for organ transplant, Cystic Fibrosis, HIV and oncology. Celerity partnered with Bob Hopkins and Bill Donnelly of Total Care, their management team and Rick Katz, the […] Read more
December 3, 2017
Backbone Capital assisted Northern Pacific with its portfolio company, 1st Choice Delivery, by arranging the acquisition financing for an add-on acquisition […] Read more
November 14, 2017
Kingswood Capital Management LLC, an operationally-focused middle market private equity investment firm, is pleased to announce that its affiliate has completed the take-private acquisition of Versar, Inc […] Read more
August 28, 2017
Backbone Capital sourced the working capital for a legacy, hospitality software business owned and operated by Independent Sponsor […] Read more
August 2, 2017
Backbone Capital assisted Independent Sponsor on acquisition of outdoor furniture importer. The financing consisted of multi-tranches of capital for this seasonal business that has a well tenured foundation of which new owner will add value and grow the business to the next level […] Read more
December 11, 2016
Backbone Capital assisted Northern Pacific Group on its recapitalization of portfolio company, Renters Warehouse, which is the largest independent provider of outsourced property management services in the U.S. managing over 10,000 properties nationwide. The financing structure was a senior Unitranch financing funded by a SBIC credit fund […] Read more
June 8, 2016
Daily News, June 8, 2016 – Northern Pacific Group invested in the creation of United Language Group (ULG). ULG was formed following the acquisitions of Merrill Brink International, the languages services division of Merrill Corporation, and KJ International Resources (KJI). Northern Pacific Group invested equity into ULG in partnership with Yukon Partners, which also provided mezzanine […] Read more
April 20, 2016
Oregon, April, 2016 Backbone Capital assisted CounterPoint Capital in the capital raising for its acquisition of an equipment manufacturer in the Northwest. Backbone was successful in generating the well suited capital source to help close the transaction. Steve Rossi, CounterPoint Capital, Managing Director, stated “Backbone ran an efficient process and emerged with a quality capital […] Read more
August 27, 2015
Denver, Colorado, May 7, 2015 – Los Angeles-based private equity firm, Transom Capital Group, announced today that it has acquired Critigen, a full-lifecycle geospatial systems integrator driving business performance through spatial IT solutions. With global reach, top-tier partnerships and a full lifecycle approach, Critigen has been delivering all components of a geospatial program to federal, […] Read more