MIAMI & NEW YORK—Berkley Capital, the private equity investment vehicle of W. R. Berkley Corporation, today announced that it has acquired a majority interest in Chilewich (Chilewich | Sultan LLC), the beloved textile products brand that puts original design at the forefront. The company, founded in 2000 by designer and veteran entrepreneur Sandy Chilewich, has…
PacerPro, the workflow automation and experience-capture platform for federal court filings used by 47% of Am Law 100 law firms, announces its expansion into coverage of state court dockets and the hiring of Dhana Bala, a veteran Silicon Valley engineering leader, as chief technology officer. Both developments signal a new phase of aggressive expansion for…
Based in Fairfield, Connecticut, Foundation Source is the nation’s largest provider of comprehensive support services for private foundations. The company’s online foundation management tools and complete portfolio of outsourced solutions include foundation creation, administrative support, active compliance monitoring, as well as philanthropic, tax and legal expertise. Foundation Source is a well-respected, trusted provider that has…
Bloomfield Hills, Michigan The Crypton Companies (Crypton LLC & Nanotex LLC), leading providers of performance fabrics in the contract, home furnishings and apparel markets, today announced that Berkley Capital, LLC has acquired a majority stake. Berkley Capital will become majority owners of the new entity to be formed from the acquisition. Company co-founders Craig and…
CHARLOTTE, N.C. AUGUST 24, 2016 – BlackArch Partners (“BlackArch”) is pleased to announce the sale of Aero Precision Industries LLC (“API” or the “Company”) to a fund managed by Odyssey Investment Partners, LLC. API and its related aviation services businesses were subsidiaries of Greenwich AeroGroup, Inc., which is a portfolio company of Berkley Capital, LLC….
Northbrook-based Corporate Imaging Concepts, LLC (CIC), a branded promotional products and marketing firm, announced that Berkley Capital, LLC is its new equity partner. Berkley acquired the equity stake in CIC that was formerly held by Cardinal Equity Partners and Aldine Capital Partners. As co-owners with CIC founders Brian and Patty Abrams, Berkley Capital’s investment will…
HealthEquity Announces Pricing of Initial Public Offering DRAPER, Utah— HealthEquity, Inc., one of the largest U.S. Health Savings Account non-bank custodians, today announced the pricing of its initial public offering of 9,100,000 shares of common stock at a price to the public of $14.00 per share. The shares are expected to begin trading on the NASDAQ Global Select…
