New Mountain Capital, a growth-oriented investment firm, completed the investment in Amerit Fleet Solutions, a premier provider of commercial fleet maintenance and repair services, according to press releases. Financial terms were not disclosed.
Amerit Fleet Solutions was advised by Jefferies & Company, Moelis & Co and Kirkland & Ellis. New Mountain Capital was advised by Ropes & Gray and H/Advisors Abernathy (led by
Dana Gorman). Brightstar Capital was advised by Prosek Partners, according to press releases.
Wynnchurch Capital, a middle-market private equity firm, completed the acquisition of Astro Shapes, a manufacturer of custom aluminum extrusions, from Monomoy Capital Partners, a private equity firm, according to press releases. Financial terms were not disclosed.
Astro Shapes is advised by Lincoln International. Wynnchurch is advised by Goldman Sachs and Paul Hastings (led by
Christopher D. Sheaffer). Monomoy Capital is advised by Houlihan Lokey, KeyBanc Capital Markets, Ropes & Gray (led by
Scott Abramowitz and
Sam Levitt) and MiddleM Creative, according to press releases.
Beacon Roofing Supply implemented a poison pill defense to counter an $11bn hostile takeover attempt by billionaire Brad Jacobs and his company, QXO. The move aims to prevent Jacobs from gaining control of the building products distributor as he seeks to expand QXO’s presence in the sector.
Jacobs, who founded QXO in 2023 after investing $1bn in a software company, has been aggressively pursuing acquisitions. Beacon’s defensive strategy is designed to deter unwelcome takeovers by making it more costly for QXO to increase its stake.
QXO is advised by Innisfree M&A (led by
Scott Winter), Morgan Stanley, Paul Weiss Rifkind Wharton & Garrison (led by
Scott Barshay) and Gladstone Place Partners (led by
Steven Lipin), according to press releases and MergerLinks data.
KKR, a private equity firm, agreed to invest $250m in Henry Schein, a provider of healthcare products and services, according to press releases.
Henry Schein is advised by Centerview Partners, Evercore and Cleary Gottlieb Steen & Hamilton. KKR is advised by Kirkland & Ellis.
Indigo Partners-backed Frontier Airlines, a major American ultra low-cost airline, offered to merge with Spirit Airlines, an American airline company, according to press releases. Financial terms were not disclosed.
Frontier Airlines is advised by Citigroup and Latham & Watkins, according to press releases.
Bain Capital, an American private investment firm based in Boston, offered to acquire the remaining 61% stake in Surgery Partners, an operator of surgical facilities and ancillary services, for $1.95bn, according to press releases.
Pine Service Group, a family of managed IT services and software partners, completed the acquisition of Practical Software Solutions, a provider of innovative and award-winning software services for the manufacturing industry, according to press releases. Financial terms were not disclosed.
Evergreen was advised by WhiteFox Marketing, according to press releases.
DGT Associates, a surveying and engineering firm, completed the acquisition of R.E. Cameron & Associates, a Massachusetts-based surveying firm, according to press releases. Financial terms were not disclosed.
DGT Associates was advised by Hencove.
Arborjet, a plant healthcare firm, completed the acquisition of the remaining shares in Ecologel Solutions, a provider of innovative plant healthcare solutions, according to press releases. Financial terms were not disclosed.
Willkie Farr & Gallagher announced that Douglas C. Emhoff has joined the firm as a partner. Emhoff returns to private practice after serving as Second Gentleman of the United States.
"Doug’s leadership and his service as a trusted counselor to many global business leaders across a broad range of industries, as well as his extensive legal expertise and business acumen, make him a tremendous asset," Thomas Cerabino, Willkie Chairman.
