Charter Oak Equity has announced the recapitalization of Chemical Resources Holdings, Inc. (dba Chemres). Chemres is a compounder and global logistics provider of high-performance specialty polymer materials, services and solutions headquartered in Princeton, NJ. Chemres has been servicing the medical, packaging and wire & cable markets using multiple manufacturing technologies since 1995. The company’s Chesapeake, VA plant is uniquely qualified for production of medical-grade, mission-critical resins to meet customers’ demanding performance standards.
Charter Oak Equity and Fonds de solidarité FTQ have announced the recapitalization of Licaplast Industries – Emballages Inc. Licaplast is a vertically-integrated producer of flexible plastic packaging, including shrink film, laminated roll stock and pouches, for food and beverage customers in the US and Canada. The Company extrudes its own film for printing and also features add-on laminating and slitting capabilities.
Charter Oak Equity and Stephens Capital Partners have announced the sale of EiKO Global to Inverness Graham. Headquartered in Shawnee, Kansas, EiKO distributes its branded innovative LED lamps and fixtures globally and its fulfillment platform supports its 1,700 North American distributor customers with same-day shipments and two-day turnarounds.
Charter Oak Equity and RFE Investment Partners have announced the sale of ShelterLogic to Webster Capital. ShelterLogic is a global manufacturer and marketer of fabric-covered, steel frame shelters and canopies for diverse consumer and commercial applications, including sheds, garages, greenhouses and pop-up canopies.
Charter Oak Equity and High Road Capital Partners have announced the sale of The Crown Group. Crown is the leading independent provider of coating, assembly operations and logistical services for the automotive, agricultural, heavy-duty-truck, and white-goods industries in North America. The company applies coatings to customers’ manufactured parts and assembled products at 11 U.S. sites.
Charter Oak Equity and RFE Investment Partners have announced the sale of Brook & Whittle. Brook & Whittle, with three facilities in the Northeast, provides prime labels in pressure sensitive and shrink sleeve formats to beverage, personal care and medical end markets.
EiKO, a portfolio company of Charter Oak Equity and Stephens Capital Partners, has announced the divestment of its Drylam division. Drylam is an importer and marketer of laminating products in North America.
ShelterLogic, a portfolio company of Charter Oak Equity and RFE Investment Partners, has purchased the Outdoor Division of Bravo Sports. The acquisition is a designer, innovator, manufacturer and marketer of shade canopies, outdoor chairs and related accessories sold under brands such as QuikShade, Solo, Shade Tech, Moto Shade and GO. These brands complement ShelterLogic’s existing product lines of shelters and framed canopies for residential and commercial use.
Charter Oak Equity and Century Park Capital Partners have announced the sale of Cirtec Medical. Cirtec specializes in outsourced solutions for OEMs of active implantable medical devices, with a focus on neuromodulation, drug delivery and minimally invasive surgical devices. During the investment period, Cirtec made three add-on acquisitions and grew rapidly, driving a successful exit.
Doni Perl joined Charter Oak Equity in June 2017 as a Vice President. Prior to Charter Oak Equity, Doni spent four years at Quadrangle Group, where he focused on investments in the communications and media sectors, and two years with Sanabe & Associates, an investment banking boutique providing M&A, restructuring and strategic advice to companies in the building products, paper/packaging and renewable energy industries.
Seaboard Folding Box has purchased Imperial Packaging, a producer of decorated boxes for leading consumer products companies. This transaction enhances Seaboard’s position as a high-quality provider of decorated packaging solutions to the middle market and positions the combined company as a front runner in its regional market. Seaboard is a portfolio company of Charter Oak Equity and Peninsula Capital Partners.