Private Equity

Wheelhouse Acquires All Star Garage Door in Second 2026 Deal

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Wheelhouse Acquires All Star Garage Door in Second 2026 Deal

BALDWIN PARK – October 29, 2026 -- Wheelhouse, the Trivest Partners-backed garage door services platform, has acquired All Star Garage Door, a family-owned residential and commercial operator in California and Utah. The deal is Wheelhouse's second acquisition of 2026.

All Star brings 30-plus employees and a 2024 Utah expansion

Founded in 2008, All Star Garage Door installs, services and repairs garage doors and employs more than 30 people. It serves Southern California, the Central Valley and the Central Coast.

The company entered Utah in 2024, adding the St. George and Park City communities to its footprint.

Wheelhouse CEO cites cultural fit with owner Ryan Salinas' team

Wheelhouse CEO Ron Avidan said All Star's "craftsmanship and customer care" align with the platform's values. Owner Ryan Salinas described the transaction as the start of a new chapter that creates opportunities for continued growth.

Western Microsurgical Buys Q Surgical, Proficient Surgical

DENVER – October 29, 2026 -- Western Microsurgical, LLC (WMS), a portfolio company of HealthEdge Investment Partners, has acquired Q Surgical and Proficient Surgical, extending its surgical microscope sales and service coverage to 18 states in the western and northeastern United States. Financial terms were not disclosed.

Two regional operators add Northern California, Nevada and Northeast coverage

Q Surgical, founded in 2009, serves hospitals and ambulatory surgery centers (ASCs) in Northern California and Nevada. Proficient Surgical, founded in 1996, serves the Northeast. Both bring expertise in surgical microscopy and complementary operating room products, plus existing relationships with surgical teams and manufacturers.

Aldrich Capital Partners Invests in TempusDirect Claims Platform

McLean, Va. – October 29, 2026 -- Aldrich Capital Partners (ACP) has made a strategic investment in TempusDirect, a provider of third-party claims cost containment solutions for the U.S. property and casualty (P&C) insurance industry, as the company enters its second decade.

TempusDirect earmarks funds for product, client services and business development

The Tempe, Arizona-based company, founded in 2016, plans to invest in product development, client services and business development. It will also advance automation and technology-driven efficiencies across its three-solution suite.

Martis Capital Makes Inc. Founder-Friendly List for Sixth Straight Year

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Martis Capital Makes Inc. Founder-Friendly List for Sixth Straight Year

Washington – October 29, 2026 -- Martis Capital, a private equity firm focused exclusively on middle-market healthcare, has been named to Inc.'s 2026 Founder-Friendly Investors list for the sixth consecutive year.

Martis is one of 14 healthcare-exclusive firms among 294 honorees

Inc. recognized 294 private equity firms, venture capital firms and lenders this year. Martis was one of only 14 healthcare-exclusive private equity firms on the list.

Inc. built the list from founder questionnaires

Inc. surveyed entrepreneurs who have sold to private equity and venture capital firms. Founders completed questionnaires on their experience partnering with private equity, venture capital and debt firms. They also shared data on how their companies performed during those partnerships.

5th Century Partners Sells Radon Medical Imaging to Leonard Green

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5th Century Partners Sells Radon Medical Imaging to Leonard Green

CHICAGO – October 28, 2026 -- 5th Century Partners (5CP) has sold Radon Medical Imaging to Leonard Green & Partners after Radon more than tripled revenue and grew from five states to 26 during the four-year hold. The parties did not disclose financial terms.

Radon scaled from a regional servicer to a 26-state platform under 5CP

5CP invested in Radon in 2022. Radon now employs more than 220 people, including over 135 field service technicians and engineers. The Charleston, West Virginia-based company services, repairs, assembles and sells new and refurbished imaging equipment, including MRI, PET/CT, mammography, cardiac cath lab and C-arm systems.

Olympus Partners Sells MEI Industrial Solutions to 26North

Stamford – October 16, 2026 -- Olympus Partners has agreed to sell MEI Industrial Solutions, a U.S. equipment execution services provider with nearly 2,500 employees, to 26North Partners LP. The announcement did not disclose financial terms or a closing timeline.

MEI provides rigging, machinery moving, industrial storage, millwrighting, custom crating and integrated logistics. Its customers include data center and semiconductor operators, as well as other industrial end markets.

MEI expanded from 16 to 30 locations under Olympus ownership

During Olympus' ownership, MEI entered Chicago, Miami, Providence and Richmond. It quadrupled indoor storage capacity to more than 10 million square feet and completed seven strategic acquisitions.

Asterion Signs Exclusive Deal to Acquire Fraikin

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Asterion Signs Exclusive Deal to Acquire Fraikin

Paris – October 13, 2026 -- Asterion Industrial Partners has entered an exclusive agreement on the contemplated acquisition of Fraikin, a pan-European commercial vehicle lessor with about €1 billion in revenue and a fleet gross book value of roughly €3 billion. The sellers are affiliates of Fraikin's ultimate majority shareholders: Benefit Street Partners, Värde Partners and Canyon Partners. The announcement does not state a purchase price.

Fraikin's multi-year transformation precedes the sale

Fraikin management says the business has completed a multi-year transformation that improved financial performance and resilience across its European markets. The group manages more than 50,000 vehicles across ten European countries. Its customers include healthcare, food distribution, utilities, waste management, logistics and public services.

MSC Income Fund Books $11.6M Gain on Centre Technologies Exit

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MSC Income Fund Books $11.6M Gain on Centre Technologies Exit

Houston – October 12, 2026 -- MSC Income Fund (NYSE: MSIF) realized an $11.6 million gain on the exit of its equity investment in Centre Technologies Holdings, LLC, delivering a 40.1% annual internal rate of return and an 8.8x money-invested multiple on the equity position.

Majority recapitalization triggers full exit of debt and equity stakes

The Fund exited both its debt and equity investments in Centre after the Houston-based IT services provider completed a majority recapitalization with a new financial sponsor. Centre, founded in 2006, offers managed services, cloud solutions, cyber security, IT consulting and business intelligence services to lower and middle market businesses, often acting as a fully outsourced IT department.

Heartwood's Norlee Group Buys NC Electrical Contractor IEM Electric

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Heartwood's Norlee Group Buys NC Electrical Contractor IEM Electric

Norwalk, Conn. – October 05, 2026 -- Norlee Group has acquired IEM Electric, Inc., an industrial electrical contractor based in Hickory, North Carolina, in a deal finalized September 30, 2026. The transaction marks the eighth add-on acquisition for Norlee Group since Heartwood Partners' investment, extending the platform's footprint into North Carolina.

Deal expands Norlee Group's industrial controls and automation capabilities across the Southeast

Founded in 1993 by Paul Brooks Jr., IEM Electric provides controls, automation, and maintenance services to customers in food processing, chemical, automotive, steel, cable, material handling, and pharmaceutical industries. The acquisition brings this client base and technical team under the Norlee Group umbrella.

CID Capital Acquires Kaiser Garage Doors in Third Fund IV Deal

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CID Capital Acquires Kaiser Garage Doors in Third Fund IV Deal

Nashville, Tenn. – September 17, 2026 -- XLCS Partners, Inc. served as buyside advisor to CID Capital on its investment in Kaiser Garage Doors & Gates, LLC, a deal that closed on September 17, 2026.

CID Capital completes third platform investment from its latest fund

The Kaiser transaction marks the third platform investment from CID Capital Opportunity Fund IV, L.P. CID Capital, based in Indianapolis, Indiana, is a private equity firm that takes control positions in lower middle market companies, focusing on founder- and family-owned businesses.

Kaiser brings 30-plus years of regional operations across Arizona

Headquartered in Tucson, Arizona, Kaiser installs and services residential and commercial overhead doors and gates across the Phoenix, Tucson, and White Mountains markets. The company has built its footprint over more than three decades, establishing long-standing customer relationships in the region.