MEMBERS NEWS

Wind Point Partners Portfolio Company Acquires Luckey Trucking Wind Point Partners and portfolio company A&R Logistics, one of North America’s leading providers of supply chain services for the chemical industry, announced that A&R acquired Luckey Trucking, a provider of dry bulk, liquid bulk, dry van transportation, warehousing and logistics services to the chemical industry. Headquartered in Streator, Illinois, Luckey operates a trucking terminal, tank wash, and over 250 railcar locations on the BNSF and Union Pacific Railways. The company also operates a warehouse providing logistics services for customers.

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Pythian Acquires SAP MSP Partner ManageServe Pythian Services Inc., a leading data, analytics, and cloud services company and a portfolio company of Mill Point Capital LLC, announced that it acquired ManageServe, a leader in SAP application hosting, implementation, migration, analytics, and end-to-end managed services. ManageServe’s 16 years of experience and successful partnership with SAP deepens both Pythian’s existing enterprise resource planning (ERP) practices and its capabilities to deliver SAP HANA solutions on Google Cloud, Amazon Web Services, Microsoft Azure and SAP cloud platforms.

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Clearlake-Backed ACS Acquires Lumber and Building Materials Provider American Construction Source (ACS), a leading national building materials distribution platform for custom home builders and repair and remodel contractors backed by Angeles Equity Partners, LLC and Clearlake Capital Group, announced the acquisition of Foley Lumber and Milaca Building Center. Foley and Milaca, which provide lumber and building materials, will operate under their existing local brand names already established in Minnesota. The transaction marks the ninth acquisition by ACS under sponsorship from Clearlake and Angeles.

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Grain Management to Sell WANRack to CBRE Caledon Grain Management announced it has entered into a definitive agreement to sell its controlling interest in WANRack LLC to CBRE Caledon Capital Management Inc. WANRack is a high-bandwidth, fiber-based communication network provider helping schools and libraries close the connectivity gap by realizing the potential of the most promising, highest capacity broadband technology available. The company is currently operating 68 networks across 23 states, with robust fiber-optic networks traversing the nation from Florida to Washington state, and from Arizona to Connecticut.

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One Rock Capital Affiliate Acquires Thermoplastics Distributor GPD Companies, Inc., an affiliate of One Rock Capital Partners, LLC, announced that it acquired Distrupol, a leading European distributor of thermoplastics to the polymer processing industry, from Univar Solutions Inc. (NYSE: UNVR). Terms of the transaction were not disclosed. Distrupol caters to over 1,300 customers across 13 countries with a portfolio of over 4,000 grades of high-quality polymers, including sustainably derived solutions that reduce environmental impact.

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Vista Equity Partners Completes Acquisition of Pluralsight Pluralsight, Inc., a technology workforce development company, announced that Vista Equity Partners has successfully completed its acquisition of Pluralsight. The leading technology workforce development company, Pluralsight, helps companies and teams build better products by developing critical skills, improving processes and gaining insights through data, and providing strategic skills consulting.

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Dynamk Capital Announces Final Closing of its Life Science Industrials Fund Dynamk Capital LLC announced the final closing of its first fund, Dynamk Life Sciences Fund L.P., bringing the firm's total assets under management to $65 million. The fund is the first of its kind to focus exclusively on the enabling tools, technologies and services that are critical to biopharma companies' discovery, development and manufacturing needs. The fund closed with capital commitments from family offices, high net worth individuals and several leading biopharma and life science strategic partners, including Pfizer Inc., through its corporate venture capital arm, Pfizer Ventures. Dynamk's consortium of Biopharma and Life Sciences investors and companies seeking to promote disruptive and innovative technologies also include JSR Group, Lonza AG and others.

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Koch Equity Development Affiliate to Acquire Transaction Network Services from Siris Capital An affiliate of Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries, Inc., announced that it has agreed to acquire Transaction Network Services, Inc. (TNS) from affiliates of Siris Capital Group and TNS’ other minority equity holders. TNS provides secure, mission-critical connectivity and interoperability solutions via a global managed network enabling its customers to exchange data and information and transact worldwide.

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ON THE MOVE

Kevin Keough Joins Navigation Capital Partners Navigation Capital Partners announced that Kevin Keough joined the firm as Managing Director of Operations. Keough will be responsible for the oversight of Navigation’s portfolio of Special Purpose Acquisition Company (SPAC) investments. Keough served as Managing Director and Global Head of Portfolio Management for Arcapita Investment Management, Inc., where he worked 12 years before joining Investcorp’s North American Private Equity Group in 2017 as Managing Director and Head of Post-Acquisition. Keough holds an MBA from Stanford Graduate School of Business and began his career as an engineer officer in the US Army after graduating from the United States Military Academy at West Point.

Black Dragon Capital Announces Multiple Promotions Black Dragon Capital announced several promotions in key roles across the firm’s divisions. Tim Greenfield has been promoted to Senior Partner; Daniel Consigli has been promoted to Partner; Steve Richards has been promoted to Senior Director; Gina Rogoto has been promoted to Marketing Manager, and Charles Gravallese has been promoted to Controller from Accounting Manager.

Palladium Equity Partners Names Erick Bronner Managing Director of Fundraising and Investor Relations Palladium Equity Partners announced that Erick Bronner joined the firm as Managing Director of Fundraising and Investor Relations. Bronner will build and cultivate Palladium’s relationships with investors and oversee the firm’s capital raising and communications efforts. He will be a member of Palladium’s senior management and support the firm’s strategic decision-making process. He holds a BS from Lehigh University, an MBA from Emory University and a JD and MST from American University.

Argand Partners Announces Team Promotions and New Hire Argand Partners, LP announced four promotions and an addition to its investment team. The following four promotions became effective March 1, 2021: Charlie Burns to Principal, Ryan Beres to Vice President, and Brendan Fogarty and Riley McCabe to Senior Associate. The firm also announced the addition of Hanan Hassan as an Associate, joining the team after five years at KPMG, where she provided due diligence and transaction support for M&A clients.

JOB OPPORTUNITIES

CalPERS Seeks Chief Diversity, Equity & Inclusion Officer CalPERS is currently seeking a Chief Diversity, Equity and Inclusion Officer (CDEIO). The CDEIO will work across the enterprise and the Investment Office to foster a culture of Diversity, Equity and Inclusion (DE&I). They will focus both externally, by using data-driven research to guide CalPERS Environmental, Social and Governance (ESG) investment decisions, and internally to CalPERS through leadership over the CalPERS Diversity, Equity and Inclusion Framework. Applications will be accepted until the close of business on May 3, 2021. For more information or to apply, visit https://bit.ly/3n30i9m.

Mercer Alternatives Hiring Private Equity Researcher Mercer Alternatives is seeking strong, self-motivated candidates to join its US Private Equity research and advisory team. As part of the US Private Equity team, individuals will work closely with senior research staff, client consultants, and clients to support portfolio construction and management on behalf of advisory and delegated client accounts. The successful candidate will develop the capacity to lead a comprehensive due diligence process for evaluating and underwriting prospective private equity strategies. Additionally, they will develop an understanding of private equity portfolio construction and manager selection. For more information or to apply, please visit https://careers.mmc.com/global/en/job/R_122051/Private-Equity-Researcher .