West Palm Beach, FL, January 2014 – Comvest Partners is pleased to announce that Comvest Investment Partners IV (“Comvest”) has completed the acquisition of Robbins Brothers (the “Company”), a Los Angeles-based specialty jewelry store chain focused on engagement rings. Robbins Brothers started as a family-run business in Seattle in the 1920s and currently operates 14
West Palm Beach, FL, April 2013: Comvest Partners is pleased to announce that Comvest Investment Partners IV (“Comvest”), through its subsidiary AutoInfo Holdings, LLC, has completed the acquisition of Sunteck Transport Group (OTCBB:AUTO) (the “Company” or “Sunteck”). This represents the consummation of the previously announced merger agreement pursuant to which Comvest has acquired the Company
West Palm Beach, FL, September 19, 2012 – The Comvest Group (“Comvest”), through its Comvest Investment Partners IV, L.P. fund (“Comvest IV”) is pleased to announce the merger of FMI Products, LLC (“FMI”) with its current portfolio company Lennox Hearth Products, LLC (“LHP”), to create Innovative Hearth Products (“IHP”). IHP is a manufacturer of fireplaces,
Wynnchurch Capital (”Wynnchurch”) and the Comvest Group (“Comvest”), leading middle-market private equity firms, announced today that their newly formed portfolio company, USP Holdings Inc., has acquired substantially all of the assets of United States Pipe and Foundry Company, LLC and Fast Fabricators, LLC (together “U.S. Pipe” or the “Company”). Based in Birmingham, Alabama, U.S. Pipe
West Palm Beach, FL, April, 2012 – The Comvest Group (“Comvest”), through its Comvest Investment Partners IV fund (“Comvest IV”), is pleased to announce the acquisition of the U.S. fire and security branch operations of United Technologies Corp. (NYSE: UTX). The Company will operate under the name Red Hawk Fire and Security (“Red Hawk”). Terms
West Palm Beach, FL, April, 2012 – The Comvest Group (“Comvest”), through its Comvest Investment Partners IV fund (“Comvest IV”), is pleased to announce the acquisition of Lennox Hearth Products (“LHP” or “the Company”) from Lennox International Inc. (NYSE: LII). LHP is a manufacturer of fireplaces, fireplace inserts, free-standing stoves, gas log sets, accessories and
West Palm Beach, FL, January 2012 – The Comvest Group, through its Comvest Investment Partners IV fund (“Comvest IV”) is pleased to announce an investment of $60 million as part of a transaction to acquire a controlling interest in mobile broadband solutions company Tekelec (NASDAQ: TKLC). The transaction was initially announced on November 7, 2011 and
West Palm Beach, FL., September, 2011 – The Comvest Group, a leading private investment firm focused on the lower-middle market, today announced the closing of its fourth private equity fund, Comvest Investment Partners IV (“Comvest IV”), with capital commitments in excess of $580 million, surpassing its $500 million target. The capital commitments in Comvest IV
WEST PALM BEACH, FL – The Comvest Group has announced that Comvest Investment Partners IV has completed its majority investment in GroundLink. Headquartered in New York, New York, GroundLink is a leader in the ground travel industry. Alex Mashinsky founded GroundLink in 2003 as a global ground travel provider offering customers access to over 45,000
WEST PALM BEACH, FL – Comvest Investment Partners IV (“Comvest IV”) portfolio company Urgent Cares of America Holdings, LLC (“UCA”) today announced the acquisition of Tri-City Express Care, PLLC (d.b.a.Urgent Care Express) (UCE), based in Gilbert, Arizona with five urgent care locations in the Phoenix area. The acquisition represents the first step in UCA’s strategy
