OEP

One Equity Partners Closes Sale of Walki to Japan’s Oji Group

Retrieved on: 
Wednesday, April 17, 2024

One Equity Partners (“OEP”) today announced that it has completed the sale of Walki Group Oy (“Walki” or the “Company”), a pan-European supplier of sustainable and high-performing packaging and engineered materials solutions, to Oji Holdings Corporation (“Oji Group”), a Japanese paper products technology company.

Key Points: 
  • One Equity Partners (“OEP”) today announced that it has completed the sale of Walki Group Oy (“Walki” or the “Company”), a pan-European supplier of sustainable and high-performing packaging and engineered materials solutions, to Oji Holdings Corporation (“Oji Group”), a Japanese paper products technology company.
  • “OEP’s investment in Walki provides a strong example of the firm’s value creation strategy.
  • We partnered with company management to help drive significant growth during our ownership,” said Marc Lindhorst , Partner at One Equity Partners.
  • OEP was key in preparing Walki for its next chapter under Oji Group.”

Graycliff Partners Announces Sale of Ballymore Safety Products

Retrieved on: 
Wednesday, April 17, 2024

Graycliff Partners LP today announced the sale of Ballymore Safety Products (“Ballymore”), a leading designer and manufacturer of engineered vertical access and material handling safety-related products for use in industrial and retail environments, to One Equity Partners (“OEP”), a middle market private equity firm.

Key Points: 
  • Graycliff Partners LP today announced the sale of Ballymore Safety Products (“Ballymore”), a leading designer and manufacturer of engineered vertical access and material handling safety-related products for use in industrial and retail environments, to One Equity Partners (“OEP”), a middle market private equity firm.
  • In its three-year partnership with Graycliff, Ballymore achieved transformative growth through both strategic M&A and organic initiatives.
  • Graycliff guided the company through two strategic acquisitions that added new products, diversified the company’s customer base, and expanded manufacturing capabilities.
  • We look forward to partnering with OEP to achieve this vision.”
    Fairmount Partners and BlackArch Partners served as co-financial advisors to Graycliff Partners and Ballymore, while Akerman LLP served as legal counsel.

One Equity Partners Completes Acquisition of Associated Spring

Retrieved on: 
Thursday, April 4, 2024

One Equity Partners (“OEP”), a middle market private equity firm, today announced it has completed the acquisition of engineered spring and precision components manufacturer Associated Spring (or “the Company”) from global industrial technology and aerospace manufacturer Barnes Group Inc. (NYSE: B).

Key Points: 
  • One Equity Partners (“OEP”), a middle market private equity firm, today announced it has completed the acquisition of engineered spring and precision components manufacturer Associated Spring (or “the Company”) from global industrial technology and aerospace manufacturer Barnes Group Inc. (NYSE: B).
  • Founded in Bristol, Connecticut, Associated Spring is a leading manufacturer of custom parts, including engineered springs and high precision metal components, as well as stamped manufactured solutions and assemblies for industrial, medical, and automotive applications.
  • “This acquisition is another example of OEP’s ability to execute corporate carve-outs of attractive and specialized industrial assets from major industry players,” said Ante Kusurin , Partner, One Equity Partners.
  • “The Company’s management team and I are eager to work with One Equity Partners to guide Associated Spring into its next chapter and build the Company into a stand-alone, market-leading player with advanced technical capabilities,” said Jack Rababeh, Chief Executive Officer of Associated Spring.

One Equity Partners Invests in Italian Agricultural Tractor Attachment Manufacturer CBM

Retrieved on: 
Wednesday, March 27, 2024

One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has made a minority investment in agricultural tractor attachment equipment maker CBM (“the Company”).

Key Points: 
  • One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has made a minority investment in agricultural tractor attachment equipment maker CBM (“the Company”).
  • Founded in 1967 by the Cornia Family and headquartered in Modena, Italy, CBM is one of the leading global manufacturers of tractor attachment systems.
  • “We’re thrilled to be partnering with the Cornia Family who have built CBM into a global leader in the tractor attachment systems space,” said Joseph Huffsmith , Partner, One Equity Partners.
  • One Equity Partners received financial and tax advisory from KPMG, legal advisory from Freshfields, environmental, social and governance from Malk Partners, and transactional advisory from Eidos Partners.

One Equity Partners Acquires Acteon Group

Retrieved on: 
Wednesday, March 27, 2024

One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has acquired Acteon Group (“Acteon” or “the Company”), an international marine energy and infrastructure solutions company.

Key Points: 
  • One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has acquired Acteon Group (“Acteon” or “the Company”), an international marine energy and infrastructure solutions company.
  • Established in 1989, U.K.-based Acteon provides engineering and data-driven services to the offshore renewables, nearshore construction, and energy industries.
  • Acteon has over 2,000 full-time employees, including more than 400 engineers, across more than 20 countries globally.
  • “Acteon is a first-rate infrastructure services business operating within a differentiated market niche, and we will be looking to reposition the business to focus on renewables, specifically the wind market segment,” said Ante Kusurin , Partner at One Equity Partners.

OWO Announces New President Danielle Dattilio As Organization is Awarded California State Grant

Retrieved on: 
Friday, March 29, 2024

One With the Ocean (OWO) is proud to introduce Danielle Dattilio as its new President, taking the baton from founder Bryan Mineo.

Key Points: 
  • One With the Ocean (OWO) is proud to introduce Danielle Dattilio as its new President, taking the baton from founder Bryan Mineo.
  • View the full release here: https://www.businesswire.com/news/home/20240327167556/en/
    Bryan commented on the new appointment: "OWO is an inclusive water community that grew from a small weekly meetup group to a national organization with 20 chapters.
  • I’m proud to have launched this movement and even prouder to pass the torch to Danielle.
  • She first joined OWO in 2018 when training for an Ironman event, which she completed in May 2019.

One Equity Partners Completes Acquisition of TechnipFMC’s Measurement Solutions Business

Retrieved on: 
Wednesday, March 27, 2024

One Equity Partners (“OEP”), a middle market private equity firm, has completed the acquisition of TechnipFMC’s Measurement Solutions business (“the Business”), from TechnipFMC (NYSE: FTI).

Key Points: 
  • One Equity Partners (“OEP”), a middle market private equity firm, has completed the acquisition of TechnipFMC’s Measurement Solutions business (“the Business”), from TechnipFMC (NYSE: FTI).
  • The Business, which is being rebranded as Guidant , is a leading provider of fiscal measurement technologies, facility asset management and automation solutions, and integrated measurement systems deployed across the energy value chain.
  • Headquartered in Houston, TX, Guidant offers a broad portfolio of measurement technology, digital and automation solutions, and systems across the globe.
  • “We are thrilled to be partnering with Guidant’s talented management team,” said J.B. Cherry , Partner at One Equity Partners.

One Equity Partners Completes Sale of Computer Design & Integration to AHEAD

Retrieved on: 
Thursday, February 1, 2024

One Equity Partners (“OEP”) today announced that it has completed the sale of Computer Design and Integration LLC (“CDI” or the “Company”) to AHEAD , a leading provider of digital platforms for data, AI, infrastructure, and software development.

Key Points: 
  • One Equity Partners (“OEP”) today announced that it has completed the sale of Computer Design and Integration LLC (“CDI” or the “Company”) to AHEAD , a leading provider of digital platforms for data, AI, infrastructure, and software development.
  • CDI’s solutions span the entire IT landscape, including security, application modernization, digital workflow, digital workspace, hybrid cloud infrastructure, intelligent operations, and managed services.
  • The Company expanded into new geographic markets and made substantial investments in its services capabilities and its employees.
  • “The firm’s business development expertise, deep industry insight and extensive network of relationships were essential in positioning CDI to begin this next chapter with AHEAD.”

Greg Belinfanti Appointed President of One Equity Partners; Dick Cashin Continues Full-Time Role as Chairman

Retrieved on: 
Tuesday, January 30, 2024

One Equity Partners (“OEP”), a middle-market private equity firm, today announced that Greg Belinfanti has been named President of the firm.

Key Points: 
  • One Equity Partners (“OEP”), a middle-market private equity firm, today announced that Greg Belinfanti has been named President of the firm.
  • He succeeds founder Dick Cashin who will continue to serve as Chairman and play an active, full-time role in managing the firm and its investments.
  • View the full release here: https://www.businesswire.com/news/home/20240130325743/en/
    Greg Belinfanti, President of One Equity Partners (Photo: Business Wire)
    “Greg is an incredibly talented investment professional and a tremendous colleague who leads by example.
  • Prior to joining OEP, Belinfanti served as a Vice President in the Investment Banking division of Lehman Brothers.

Zurn Elkay Water Solutions Corporation Announces Divestiture

Retrieved on: 
Friday, December 15, 2023

Zurn Elkay Water Solutions Corporation (“Zurn Elkay”) (NYSE: ZWS) announced that it divested four wholly-owned subsidiaries that hold asbestos liabilities and related assets and certain other assets and liabilities, to Zilco Holdings, Inc. (“Zilco Holdings”).

Key Points: 
  • Zurn Elkay Water Solutions Corporation (“Zurn Elkay”) (NYSE: ZWS) announced that it divested four wholly-owned subsidiaries that hold asbestos liabilities and related assets and certain other assets and liabilities, to Zilco Holdings, Inc. (“Zilco Holdings”).
  • The four divested subsidiaries are Zurn Industries, LLC, OEI, LLC, OEP, LLC and Krikles, Inc.
    As a result of the divestiture, all asbestos liabilities and related insurance assets will not be included in Zurn Elkay’s consolidated year-end 2023 balance sheet.
  • Existing employees, customers and vendors of Zurn Elkay will experience no change in their business interactions with Zurn Elkay as a result of the divestiture.