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CenterOak invests in property services biz; Bregal Sagemount and TorQuest Partners in logistics deals

Good morning Hubsters, Craig McGlashan here with the Tuesday Wire.

We’re focusing on a couple of sectors this morning, as we take a look at CenterOak Partners inking a deal in property services – a sector where we’ve seen a lot of business of late.

Next we switch to logistics, with deals from Bregal Sagemount in the airport sub-sector and TorQuest Partners  in the field of supply chain management.

We then round things out with the latest deal from an acquisitive packaging company backed by Advent International.

Property services

CenterOak Partners has recapitalized a Nashville-based company that maintains, repairs and installs exterior access control equipment.

Read more about a recent flurry of activity in the property services sector in the subscriber version of the Wire.

Other recent deals in this sector include Trinity Hunt adding two businesses to its Visterra Landscape platform and One Rock Capital Partners investing $500 million in BrightView Holdings.

We’ve also seen plenty of action in this sector over on PE Hub Europe. You can see a roundup of some of the recent deals in this listicle by Irien Joseph.

Logistics

The other trend I’ve spotted today is in the logistics sector.

Bregal Sagemount has made a majority investment in a Houston-based provider of advanced logistics services to airports and other transportation hubs.

Meanwhile, TorQuest Partners has invested in a full-service supply chain management and third-party logistics business based in Brantford, Ontario.

Packaged deal

Advent International portfolio company Imperial Dade has been on a bit of an add-on tear of late and added another business in the packaging sector today.  

Read more in the full version of the Wire.

Right, that’s a wrap (excuse the pun) – Chris Witkowsky will be with you tomorrow for Wire Wednesday.

Cheers,

Craig

Read the full Wire commentary on PE Hub ...

Also of note (may require subscriptions)

Centerbridge Capital co-founder Jeff Aronson will give his ownership stake in the firm back to the company upon his retirement. (Buyouts)

Real estate asset manager AEW has converted its UK-focused Real Return Fund to become the “UK Impact Fund,” marking the firm’s debut in the impact investing space. (New Private Markets)

Social impact investments in the UK reached £9.4 billion (€11 billion; $11.8 billion) in value in 2022, research by British impact investor Big Society Capital has found. (New Private Markets)