Welcome to the September 2022Â edition of Axial’s Lower Middle Market Deal Digest, your source of news, deal announcements, and all things LMM.
Select New Axial Members
Investment Banks
WaveEdge Capital, Loop Capital Markets, GO Advisory
Corporates
PRIMED Medical Products, Prodege LLC, Cover Label
Private Equity Firms
Silversmith Capital Partners, LFPI, RAF Industries
Family Offices
Red Apple Group, Perpetual Capital Partners, Portfolio Capital
Independent Sponsors
SL Group, Kissel Capital LLC, 5 Star Service Partners
People Moves
Blake Vinson joins Axial as an Associate, coming over from longtime Axial member Thornblade Capital. Read More
David Jacobs joins Zoom Business Brokers in the Technology Group. Read More
Stephen Faughnan, former Executive at Goldman Sachs, joins Star Mountain Capital as Managing Director. Read More
Carter Morse & Goodrich announces the promotions of Geoffrey Bradley (to Vice President), Emmett Iheagwara (to Associate) and Nick Sciortino (to Associate). Read More
Jeff DePlanty joins WILsquare Capital as Executive Vice President and Operating Partner. Read More
Varsity Healthcare Partners announces new senior addition; Merrick Axel joins VHP as Partner, Head of Chicago Office. Read More
Gauge Capital hires Charlotte Bonfield as Vice President of Talent and Shannon Block as Vice President of Capital Markets.​ Read More
Sunder Srinivasan joins Tech CU as Chief Information Officer and Executive Vice President. Read More
Deal News from Buy-Side Members
SouthWorth Capital Management acquires Ascension Property Services. Read More
White Oak Global Advisors funds $42.3MM for Cascadia Healthcare Read More
It’s Skinny, alternative pasta innovator, lands growth funding from Decathlon Capital Partners Read More
HBM Holdings announces their largest holding, Mississippi Lime (MLC), has acquired Singleton Birch. Read More
Dunes Point Capital, LPÂ announces control investment in NextGen Security, LLC. Read More
Deal News from Sell-Side Members
The DAK Group announces sale of Machinery Services Corp. and Rapid Pump & Meter Service Co., Inc. to Hidden Harbor Capital Partners. Read More
Raincatcher represents Research Tool & Die on its successful sale to Fairbanks Morse Defense. Read More
Dresner Partners advised Fertility Institute of New Jersey & New York in its Sale to Axia Women’s Health. Read More
Cascadia Capital advises the Stadelman Fruit Company (“SFC”) in the sale of its pear operations to Mount Adams Fruit. Read More
FirePower Capital spins out Spearhead Corporate Development, a human-first, tech-driven buy-side advisory service, and backs it with an initial $3.2 million investment. Read More