PE Weekly: Corporate Carve-Outs Span Audio Tech, Education and More
Summary
Audio equipment company Bose emerged as the most high-profile dealmaker this week, exiting its B2B business to a private equity investor, while other carve-outs spanned the education, manufacturing and staffing sectors. “RCR’s successful history, scale and therapeutic expertise makes it the ideal platform from which to launch our broader strategy in the clinical research site market,” stated Troy Phillips, BPOC partner. Private equity firm Vance Street Capital announced the launch of Synapse ITS, a transportation safety and technology platform formed from the merger of four businesses. The platform will wield expertise from each business to create “a single source for high-performance, technology advanced solutions agencies can trust to help them build better, safer transportation networks,” stated Vance Street partner Steve Sandbo. Vander-Bend Manufacturing, a portfolio company of middle-market private equity firm Aterian Investment Partners, has acquired Omni Components Corporation, a press release revealed.