IRS Issues Final Pass-Through Deduction Rules
Changes to the qualified business income deduction include permitting aggregation within a partnership and preventing so-called “crack and pack” attempts.
Recent Deals
Boyne Capital and Grindstone Partners Announce the Sale of Fulcrum IT Services to Huntington Ingalls Industries
PE firms Boyne and Grindstone sold a portfolio company, Fulcrum IT, to Huntington Ingalls Industries, the largest military shipbuilding company in the U.S.
Anacapa Partners Closes Third Fund with $79 Million in Commitments
Lower middle-market investor, Anacapa, has closed its third fund.
Capitala Group Announces Formation of Capitala Senior Loan Fund II, LLC
The Capitala Group has formed a new fund with Trinity Universal Insurance Company, which is to invest in lower middle-market companies.
Generational Equity Advises MGP Connecting Rods in Sale to Race Winning Brands
M&A advisor, Generational, announced the sale of Giannone to Race Winning Brands, a portfolio company of PE firm Kinderhook Industries.
Jobcase Closes $100 Million Growth Equity Round Led by Providence Strategic Growth
Lower middle-market software and technology investor, Providence, invested in Jobcase, an employment-oriented social media platform.
Ridgemont Equity Partners Announces New Investment in Backstage
Ridgemont, a Charlotte-based middle-market investor, announced an investment in creative talent management company, Backstage.
Therma Holdings LLC Acquires Integrated Mechanical Systems
Therma, a portfolio company of Gemspring Capital, has acquired mechanical services company, Integrated Mechanical Systems.
Lineage Logistics Announces Acquisition of Preferred Freezer Services
Lineage Logistics has purchased Preferred Freezer Services, a temperature-controlled warehouse network, from middle-market private equity firm, Fenway.
Kruger Plastic Products Expands National Manufacturing Footprint Through Acquisition of Northern California Injection Molding and El Dorado Molds
Kruger, a portfolio company of HC Private Investments, rebranded itself as Springboard after it purchased a California-based injection molding company.