News

Latest news from GenNx360 Capital Partners and our portfolio companies

GenNx360 Capital Partners Announces AeroRepair’s Acquisition of Aircrafters, Inc.

Portfolio Company News - October 04, 2022

New York, NY – October 4, 2022 – GenNx360 Capital Partners (“GenNx360”) is pleased to announce Aero 3, Inc., the parent company of AeroRepair, has acquired Aircrafters, Inc. (“Aircrafters” or “the Company”). Headquartered in New Castle, Delaware, Aircrafters is a leading provider of wheel and brake parts for the aviation industry through its aftermarket distribution of Collins wheel and brake parts, its extensive parts inventory, and the provision of exchange asset pools for multiple global operators. Founded in 1984, the Company has built a strong international reputation for its broad range of in-stock wheel and brake components and assemblies, Collins’ distribution and 24/7 AOG services. Going forward, the current management team will remain in place.

Precision Aviation Group, Inc. Enters Into a Definitive Agreement to Acquire PTB Group

Portfolio Company News - August 23, 2022

New York, New York, August 23, 2022– GenNx360 Capital Partners (“GenNx360”) announced today that its portfolio company, Atlanta-based Precision Aviation Group, Inc. (“PAG”), a leading provider of products and value-added services to the aerospace and defense industries, has entered into a definitive agreement to acquire PTB Group (PTB). PTB is listed on the Australian Securities Exchange (ASX:PTB) and the transaction is currently scheduled to close in the 4th quarter of 2022, post receiving required shareholder and regulatory approvals. PTB provides maintenance, repair, and overhaul services (MRO) on Pratt & Whitney PT6 and Honeywell TPE331 engines, leases engines and airframes, and provides aviation supply chain services.

GenNx360 Capital Partners Announces Its Investment in ITsavvy LLC

Portfolio Company News - August 10, 2022

New York, New York. August 10, 2022. GenNx360 Capital Partners (“GenNx360”), a New York City-based private equity firm investing in middle market business-to-business companies, in partnership with the management team of ITsavvy LLC (“ITsavvy” or the “Company”), is pleased to announce its investment in the Company. ITsavvy is an Addison, Illinois-based technology solutions provider that delivers frictionless IT experiences to clients across multiple segments and industries. ITsavvy leverages the power of its partner ecosystem to design, develop and deliver technology infrastructure solutions that accelerate business outcomes on behalf of its clients. The Company’s expansive portfolio of 4 million+ SKUs and diversity of relationships across suppliers and clients of various sizes and sectors allows ITsavvy to deliver end-to-end solutions nationwide.

GenNx360 Capital Partners Enters Agreement to Sell Salford Group to Linamar Corporation

Portfolio Company News - April 28, 2022

New York, New York. April 28, 2022 - GenNx360 Capital Partners ("GenNx360"), a New York-based private equity firm, is pleased to announce that it has entered into a definitive agreement to sell its portfolio company, Salford Group ("Salford" or “the Company”), a leading manufacturer of tillage and crop nutrition application equipment, to Linamar Corporation (TSX:LNR) ("Linamar"), for $260 million CAD, subject to post-closing adjustments. The transaction is expected to close post customary closing conditions.

GenNx360 Capital Partners Announces GenServe’s 8th Acquisition, OK Generators

Portfolio Company News - April 06, 2022

New York, New York. April 06, 2022 – GenNx360 Capital Partners (“GenNx360”) is pleased to announce GenServe’s acquisition of OK Generators (or the “Company”). GenServe is a portfolio company of GenNx360, a New York-based private equity firm investing in middle market business services and industrial companies. GenServe is the largest independent provider of scheduled and emergency power generator maintenance, repair and sales in the North Atlantic region, with significant presence across Texas and Florida, serving primarily commercial customers in various industries. Based in Deerfield Beach, Florida, OK Generators provides maintenance and repair services to generators and backup power solutions, as well as generator and related equipment sales and rentals. The Company is a key player in the Florida generator market, serving a diverse set of customers in the municipal and commercial end markets.

GenNx360 Capital Partners Announces Majority Investment in Tensentric

Portfolio Company News - February 15, 2022

New York, New York. February 15, 2022. GenNx360 Capital Partners (“GenNx360”), a New York City-based private equity firm investing in middle market business-to-business services and industrial companies, is pleased to announce its growth investment in Tensentric (the “Company”). Based in Boulder, Colorado, Tensentric provides outsourced design, engineering, prototyping and assembly services for leading Medical Technology, In-Vitro Diagnostic and Life Sciences companies. Since its founding in 2009, the Company has quickly established itself as a leading contract development partner, known for its differentiated team of engineers and experience working on the most cutting-edge development projects in the industry.

GenNx360 Capital Partners Announces Investment in Nutra-Med Packaging, Inc.

Portfolio Company News - February 04, 2022

New York, New York. February 4, 2022. GenNx360 Capital Partners (“GenNx360”), a New York City-based private equity firm investing in middle market business-to-business industrial and business services companies, in partnership with the management team of Nutra-Med Packaging, Inc. (“Nutra-Med” or the “Company”), is pleased to announce its investment in the Company. Nutra-Med is a Whippany, New Jersey-based contract packaging company focused on packaging for the Pharmaceutical, Health & Wellness and Medical Devices markets. Nutra-Med’s primary product capabilities include bottling, blistering and secondary packaging (i.e., cartoning, shrink sleeving, heat seal carding, kitting, retail pallet pack-out) for pharmaceuticals and dietary supplement products.

GenNx360 Capital Partners Announces Sale of its Portfolio Company CRS Temporary Housing

Portfolio Company News - December 02, 2021

New York, New York. December 2, 2021. GenNx360 Capital Partners (“GenNx360”), a private equity firm investing in middle market business services and industrial companies, announced the sale of its portfolio company, CRS Temporary Housing (“CRS” or the “Company”) to Reverence Capital Partners, a private investment firm. CRS is a leading tech-enabled provider of professionalized relocation and temporary housing solutions. The sale marks the fifth portfolio realization for GenNx360’s Fund II which closed in 2014. The terms of the transaction were not disclosed.

GenNx360 Capital Partners Announces Majority Investment in Whitsons Culinary Group

Portfolio Company News - September 08, 2021

New York, New York: GenNx360 Capital Partners ("GenNx360"), a New York City-based private equity firm investing in middle market business-to-business industrial and business services companies, in partnership with the management team of Whitsons Culinary Group ("Whitsons" or the "Company"), is pleased to announce a majority investment in Whitsons. Headquartered in Islandia, NY, Whitsons is a provider of dining services to consumers and public and private organizations throughout the Northeast. Whitsons has a long and proud history of serving local communities and setting new standards for the foodservice industry with wholesome foods and family values.

GenNx360 Capital Partners Announces GenServe’s Sixth Acquisition, LJ Power

Portfolio Company News - August 16, 2021

New York, New York: GenNx360 Capital Partners (“GenNx360”) is pleased to announce GenServe’s acquisition of LJ Power, Inc. (“LJ Power” or the “Company”). GenServe is a portfolio company of GenNx360, a New York-based private equity firm investing in middle market business services and industrial companies.

GenNx360’s Portfolio Company, Precision Aviation Group, Inc. Continues its Growth with the Acquisition of Keystone Turbine Services

Portfolio Company News - May 26, 2021

New York, New York: GenNx360 Capital Partners (“GenNx360”) today announced that its portfolio company, Precision Aviation Group, Inc. (“PAG”), has made its fourth acquisition since GenNx360’s investment through the purchase of Keystone Turbine Services (KTS). This transaction represents the latest step in an aggressive expansion strategy by GenNx360 for PAG. In 2018, GenNx360 took a controlling interest in PAG, a leading provider of products and value-added services to the worldwide aerospace and defense industry.

GenNx360 Capital Partners Announces GenServe’s Fifth Acquisition, DynaTech Generators

Portfolio Company News - May 24, 2021

New York, New York: GenNx360 Capital Partners (“GenNx360”) is pleased to announce GenServe’s acquisition of DynaTech Generators (“DynaTech” or the “Company”). GenServe is a portfolio company of GenNx360, a New York-based private equity firm investing in middle market business services and industrial companies.

GenNx360 Capital Partners Announces Sale of its Portfolio Company Appalachian Railcar Services to Cathcart Rail

Portfolio Company News - December 15, 2020

New York, New York: GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, today announced the successful sale of its portfolio company, Appalachian Railcar Services (“ARS” or “the Company”), to Cathcart Rail (“Cathcart”).

GenNx360 Capital Partners Announces Acquisition of B2B Industrial Packaging and AMW Packaging Supply

Portfolio Company News - October 09, 2020

New York, New York: GenNx360 Capital Partners (“GenNx360”), a New York City-based private equity firm investing in middle market business-to-business industrial and business services companies, in partnership with the management teams of B2B Industrial Packaging LLC (“B2B Industrial” or the “Company”) and American Machinery Works, Incorporated (“AMW Packaging Supply”), is pleased to announce the acquisition of B2B Industrial and the assets of AMW Packaging Supply.

GenNx360 Capital Partners Announces Sale of its Portfolio Company Precinmac Precision Machining

Portfolio Company News - April 02, 2020

New York, New York: GenNx360 Capital Partners, a New York-based private equity firm, today announced the successful sale of its portfolio company, Precinmac Precision Machining to an investor group consisting of Pine Island Capital Partners, LLC, Bain Capital Credit, LP and Compass Partners Capital LLC.

GenNx360 Capital Partners Announces Sale of its Portfolio Company, Midwest Can Company and Container Specialties, Inc.

Portfolio Company News - March 03, 2020

New York, New York: GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, today announced the successful sale of its portfolio company, Midwest Can and Container Specialties, Inc. (“Midwest Can” or “the Company”).

GenNx360 Capital Partners Announces Subsea Global Solutions’ Fourth Add-on Acquisition

Portfolio Company News - February 19, 2020

New York, New York: GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, is pleased to announce that its portfolio company, Subsea Global Solutions (SGS), a leading global commercial diving company, has acquired the commercial diving division of T&T Salvage Asia, Pte. Ltd. (TTSA).

GenNx360’s Portfolio Company Precision Aviation Group, Inc. Continues its Growth with Another Acquisition

Portfolio Company News - January 28, 2020

New York, New York: GenNx360 Capital Partners (“GenNx360”) today announced that its portfolio company, Precision Aviation Group, Inc. (“PAG”), has made its second acquisition in just over 4 months through the purchase of World Aviation Corporation (WAC).

GenNx360 Capital Partners Announces Miller Environmental Group’s Acquisition of Environmental Products & Services of Vermont

Portfolio Company News - January 09, 2020

New York, New York: GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, is pleased to announce that its portfolio company, Miller Environmental Group Inc. (“MEG”), a leading provider of environmental and emergency response services in the Eastern United States

GenNx360 Capital Partners Announces Acquisition of Controlling Stake in AeroRepair Corp

Portfolio Company News - January 07, 2020

New York, New York: GenNx360 Capital Partners (“GenNx360”) is pleased to announce that it has acquired a majority interest in AeroRepair Corp (“the Company”). Headquartered in Manchester, New Hampshire, AeroRepair is a leading provider of wheel and brake maintenance, repair and overhaul services to the commercial, corporate and general aviation industry.

GenNx360 Capital Partners Announces Partnership with Schneider Packaging Equipment Company, Inc.

Portfolio Company News - September 16, 2019

New York, New York: GenNx360 Capital Partners (“GenNx360”), in partnership with the management team and current owners of Schneider Packaging Equipment Company, Inc. (“Schneider” or the “Company”), is pleased to announce its investment in the Company. Schneider is a leader in the design, assembly and manufacturing of end-of-line packaging equipment, primarily automated case packing and palletizing machinery.

GenNx360 Capital Partners Announces Precision Aviation's Acquisition of Momentum Services Corporation

Portfolio Company News - September 10, 2019

New York, New York: GenNx360 Capital Partners (“GenNx360”) is pleased to announce that its portfolio company, Precision Aviation Group, Inc. (PAG) has acquired Momentum Services Corporation (MSC). MSC is a leading global provider of Repair services for LCD Flat Panel Displays.

GenNx360 Capital Partners Announces GenServe's Acquisition of GenAssist Corporation

Portfolio Company News - August 06, 2019

New York, New York: In partnership with GenNx360 Capital Partners, GenServe, LLC ("GenServe") is pleased to announce the acquisition of GenAssist Corporation (“GenAssist” or the “Company”).

GenNx360 Capital Partners Announces GenServe's Acquisition of Power Performance Industries

Portfolio Company News - April 22, 2019

New York, New York: GenNx360 Capital Partners (“GenNx360”) is pleased to announce that its portfolio company, GenServe, LLC ("GenServe"), has acquired Power Performance Industries (“PPI” or the “Company”) on April 18, 2019.

GenNx360 Capital Partners Announces Acquisition of Miller Environmental Group, Inc.

Portfolio Company News - March 20, 2019

New York, New York: GenNx360 Capital Partners (“GenNx360”) is pleased to announce that it has acquired a majority interest in Miller Environmental Group Inc. (“MEG” or “the Company”). Based in Calverton, New York, MEG was founded in 1971 to service the utility, transportation and petrochemical industries. Through growth and diversification, MEG has remained at the forefront of the environmental services industry by delivering exceptional customer service in the areas of emergency response, waste transportation and disposal, remediation, and industrial as well as marine services.

GenServe, LLC Announces Acquisition of On Call Power Co., Inc.

Portfolio Company News - December 13, 2018

New York, New York. December 13, 2018 – In partnership with GenNx360 Capital Partners, GenServe, LLC ("GenServe"), a leader in the sale, maintenance and repair of industrial generators and backup power solutions, acquired On Call Power, Co., Inc. (“On Call Power” or the “Company”) on December 11, 2018.

CRS Temporary Housing Announces Merger with Klein & Company

Portfolio Company News - December 03, 2018

In partnership with GenNx360 Capital Partners, CRS Temporary Housing ("CRS") merged with Klein & Company (“Klein & Co.”) on November 30, 2018.

GenNx360 Capital Partners Announces Acquisition of Precision Aviation Group, Inc.

Portfolio Company News - July 30, 2018

GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm which invests in middle market business services and industrial companies is pleased to announce its acquisition of Precision Aviation Group, Inc.

GenNx360 Capital Partners Announces Acquisition of GenServe Inc.

Portfolio Company News - April 16, 2018

GenNx360 Capital Partners Announces Acquisition of Subsea Global Solutions

Portfolio Company News - April 03, 2018

GenNx360 Capital Partners Announces Acquisition of CRS Temporary Housing

Portfolio Company News - March 20, 2018

GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm which invests in middle market business services and industrial companies announced today its acquisition of CRS Temporary Housing (“CRS” or “Company”), a leading asset-light provider of professionalized relocation and temporary housing solutions. Terms of the transaction were not disclosed.

GenNx360 Capital Partners Announces Closing on Sale of its Portfolio Company Novel Ingredients to Innophos Holdings, Inc.

Portfolio Company News - August 31, 2017

GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm focused on acquiring middle market industrial and business services companies

GenNx360 Capital Partners Enters Agreement to Sell Truck Bodies and Equipment International

Portfolio Company News - May 08, 2017

GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, is pleased to announce that it has entered into a definitive agreement to sell its portfolio company, Truck Bodies and Equipment International (“TBEI”), a leading U.S.

GenNx360 Capital Partners Announces Investment in Appalachian Railcar Services, Inc.

Portfolio Company News - March 02, 2017

GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm investing in middle market companies, today announced its investment in Appalachian Railcar Services, Inc. (“ARS” or the “Company”).

Daphne Dufresne Joins New York-Based Private Equity Firm, GenNx360 Capital Partners, as a Managing Partner on its Investment Team

Portfolio Company News - January 19, 2017

GenNx360 Capital Partners, a New York-based private equity firm investing in middle market industrial manufacturing and business services companies, is pleased to announce that Daphne Dufresne has joined the firm as a Managing Partner.

GenNx360 Capital Partners Supports Truck Bodies & Equipment International Inc.’s Acquisition of Travis Body & Trailer Inc.

Portfolio Company News - October 03, 2016

GenNx360 Capital Partners (“GenNx360”) is pleased to announce that its portfolio company, Truck Bodies & Equipment International Inc. ("TBEI"), has acquired Travis Body & Trailer Inc. (“Travis”) on September 30, 2016.

GenNx360 Capital Partners Announces Rick Brawn as Newest Operating Partner

Portfolio Company News - March 21, 2016

GenNx360 Capital Partners (GenNx360), a middle market private equity firm, has hired Rick Brawn to join its team as an Operating Partner effective immediately.

GenNx360 Capital Partners Appoints Matthew Guenther Managing Partner

Portfolio Company News - February 16, 2016

GenNx360 Capital Partners (GenNx360), a New York-based private equity firm announced today the promotion of Matthew Guenther, a partner on the firm’s investment team, to the position of Managing Partner effective February 1, 2016, further strengthening the firm’s senior team.

GenNx360 Capital Partners Announces Salford Group’s Third Add-on Acquisition

Portfolio Company News - December 21, 2015

GenNx360 Capital Partners II, L.P. is pleased to announce that Salford Group ("Salford") has acquired the AerWay advanced aeration products line (“AerWay”) from SAF-Holland Canada Limited.

GenNx360 Capital Partners’ Portfolio Company Tooling Technology Holdings Completes Second Add-On Acquisition

Portfolio Company News - October 21, 2015

GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm investing in middle market business-to-business industrial manufacturing

GenNx360 Capital Partners Announces Investment in Truck Bodies and Equipment International Inc.

Portfolio Company News - October 01, 2015

GenNx360 Capital Partners, a New York-based private equity firm investing in middle market companies, today announced its investment in Truck Bodies and Equipment International Inc. (“TBEI” or the “Company”).

GenNx360 Capital Partners Announces Investment in Vintage Parts, Inc.

Portfolio Company News - September 21, 2015

GenNx360 Capital Partners, a New York-based private equity firm investing in middle market companies, today announced its investment in Vintage Parts, Inc. (“Vintage Parts” or the “Company”).

GenNx360 Capital Partners Supports Tooling Technology Holdings’ Acquisition of Majestic Industries Inc.

Portfolio Company News - May 27, 2015

New York, New York: Tooling Technology Holdings, LLC ("Tooling Tech"), a portfolio company of GenNx360 Capital Partners (“GenNx360”), acquired Majestic Industries Inc. (“Majestic”), a Macomb, Michigan, based manufacturer of progressive and transfer dies, on May 22, 2015.

GenNx360 Capital Partners Supports Salford Group’s Acquisition of Valmar Airflo, Inc.

Portfolio Company News - May 11, 2015

The Salford Group ("Salford"), a portfolio company of GenNx360 Capital Partners, acquired Valmar Airflo, Inc. (“Valmar”) based in Elie, Manitoba on May 4, 2015.

GenNx360 Capital Partners Supports Salford Group Inc. in Acquisition of BBI Spreaders

Portfolio Company News - October 16, 2014

Supported by GenNx360 Capital Partners, Salford Group Inc. (“Salford”), a manufacturer of tillage, seeding and fertilizer application equipment, acquired BBI Spreaders (“BBI”), a leading manufacturer of precision dry material applicators for the agriculture, construction, and golf industries. The transaction closed on October 2, 2014.

GenNx360 Capital Partners Announces Transaction with Tooling Technology Holdings, LLC

Portfolio Company News - July 23, 2014

In partnership with management, GenNx360 Capital Partners, a New York-based private equity fund investing in middle market industrial manufacturing and business services companies, announced today its investment in Tooling Technology Holdings, LLC (“Tooling Tech” or the “Company”).

GenNx360 Capital Partners Announces Appointment of Glen Bushery as CFO

Portfolio Company News - April 21, 2014

GenNx360 Capital Partners, a leading New York-based private equity firm that invests in middle market industrial manufacturing and business services companies, announced today the appointment of industry veteran, Glen Bushery, CPA, as Chief Financial Officer effective immediately.

GenNx360 Capital Partners Announces Transaction with Novel Ingredient Services

Portfolio Company News - March 31, 2014

In partnership with management, GenNx360 Capital Partners, a New York-based private equity fund investing in middle market industrial and business services companies, announced today its investment in Novel Ingredient Services (“Novel”), a leading specialty nutraceutical ingredient services supplier to the health and wellness industry.

GenNx360 Capital Partners' Matt Guenther Chairs Capital Roundtable's Conference on Private Equity Investing In Niche Manufacturing Companies

Portfolio Company News - March 28, 2014

On March 27, Matt Guenther, a partner at GenNx360 Capital Partners, a New York-based operationally focused PE firm driving value creation in industrial B2B companies, chaired Capital Roundtable’s full-day conference on “Private Equity Investing in Niche Manufacturing Companies”. The conference was held in midtown Manhattan.

GenNx360 Capital Partners Announces Appointment of Latasha M. Akoma

Portfolio Company News - February 17, 2014

GenNx360 Capital Partners, a private equity firm focused on investing in middle market business-to-business industrial and business services companies, announced today that Latasha M. Akoma has joined as Operating Partner effective February 17, 2014.

GenNx360 Capital Partners Announces Appointment of Otis Spencer, Jr. as Operating Partner

Portfolio Company News - January 06, 2014

GenNx360 Capital Partners, a private equity firm focused on investing in middle market business-to-business industrial and business services companies, announced today that Otis Spencer, Jr. has been appointed Operating Partner effective January 2, 2014. Otis reports to Lloyd G. Trotter, Founding and Managing Partner.

Schramm Acquires Air Drill and its Sister Company in Australia

Portfolio Company News - December 25, 2013

In association with GenNx360 Capital Partners, Schramm announced today that it has acquired Air Drill Hammers and Bits Pty Ltd., in addition to Air Drill Pty Ltd. based in Perth, Australia. Air Drill Hammers and Bits is a world class manufacturer of drill hammers and percussion bits used in reverse circulation mineral exploration and mining applications. This technology product complements Schramm’s drill rig product range.

GenNx360 Capital Partners Acquires Salford Farm Machinery Ltd.

Portfolio Company News - December 21, 2013

GenNx360 Capital Partners, a private equity firm focused on investing in middle market industrial business-to-business companies, has acquired Salford Farm Machinery Ltd. ("Salford") for an undisclosed amount.

Centerbridge Partners Makes Substantial Minority Investment in syncreon

Portfolio Company News - September 04, 2013

syncreon Holdings Limited ("syncreon" or the "Company"), a leading global provider of customized supply chain services, today announced that it has reached an agreement with its existing shareholders and Centerbridge Partners, L.P.

West Chester Firm Launches A Giant Drill Rig for Marcellus Work

Portfolio Company News - April 13, 2013

The company, which has been making truck-mounted drill rigs for more than 50 years, is launching its biggest drill rig ever - a 102-foot-tall walking, talking monster designed to bore the deep horizontal wells that have turned Pennsylvania's Marcellus Shale into a fossil-fuel bonanza.

GenNx360 Capital Partners Acquires Horsburgh & Scott, Inc.

Portfolio Company News - April 01, 2013

GenNx360 Capital Partners, a private equity firm focused on investing in middle market industrial business-to-business companies, has acquired Horsburgh & Scott Co. ("H&S") for an undisclosed amount.

Schramm Introduces New Drill

Portfolio Company News - March 23, 2013

A state-of-the-art drilling rig, made primarily for oil and gas drilling in the Marcellus and Utica Shale areas, was designed and constructed by Schramm Inc., a 113-year old company based on the outskirts of West Chester.

A New Era Begins with Schramm T500xd TelemastÂ® Drill Rigs in the Marcellus and Utica Shale

Portfolio Company News - March 19, 2013

Our new walking, talking Schramm T500XD Telemast® drill rig rated 500,000 lb. hook load is on its way to the Marcellus and Utica Shale in a compact eight truckload package.

GenNx360 Capital Partners Acquires Schramm, Inc.

Portfolio Company News - July 02, 2012

GenNx360 Capital Partners announced today that it has partnered with company management to acquire Schramm, Inc. Schramm is a West Chester, Pennsylvania-based manufacturer of mobile land based drilling rigs used in a variety of demanding applications, including oil & gas drilling, mineral exploration, water and geothermal well drilling, and other drilling activities to depths of 15,000 feet.

GenNx360 Capital Partners, L.P. Announces GenNx360 India Advisors Private Limited

Portfolio Company News - January 25, 2012

GenNx360 Capital Partners (GenNx360) announced today the formation of GenNx360 India Advisors Private Limited. The new company will operate out of two offices located in Gurgaon and Bangalore, India. In addition to keeping GenNx360's hand on the pulse of the global economy, this strategic move provides the firm with a partner in both India and Asia.

Additional Investment in syncreon Announced by GenNx360 Capital Partners

Portfolio Company News - November 17, 2011

GenNx360 Capital Partners, L.P., a middle market, operationally-focused private equity firm, announced today that it increased its investment in and ownership of syncreon, a global asset-light logistics and supply chain solutions portfolio company. This marks GenNx360's third increase in its investment in syncreon since its original investment in February, 2009.

Purchase of Hoppe Technologies Announced by GenNx360 Capital Partners and Trimaster Manufacturing

Portfolio Company News - November 02, 2011

GenNx360 Capital Partners, L.P., in conjunction with its portfolio company Trimaster Manufacturing Inc., a manufacturer of precision machined components and complex subassemblies, announced today its purchase of 100 percent of Hoppe Technologies. Terms were not released.

Sale of SiVance, LLC is Announced by GenNx360 Capital Partners

Portfolio Company News - October 06, 2011

GenNx360 Capital Partners announced today the sale of SiVance, LLC to Milliken & Company. Financial terms of the transaction were not disclosed.

Vertex Agrees Sale of UK Private Sector Business to Capita

Portfolio Company News - September 19, 2011

Vertex, a leading global Customer Management Outsourcing company has agreed the sale of its UK Private Sector business to the Capita Group Plc for a cash consideration of £40.5 million.

GenNx360's Bulk Buy Program

Portfolio Company News - July 25, 2011

GenNx360 has initiated a Bulk Buy Program which is already helping to cut back on indirect costs internally as well as across some of its portfolio companies.

syncreon Completes Purchase of Compuspar

Portfolio Company News - February 02, 2011

syncreon, a global provider of integrated logistics services and highly customized supply chain solutions, announced today that it has acquired 100% of Compuspar. The terms of the transaction are not being disclosed.

Anthony Willis Joins GenNx360 Capital Partners as Operating Associate

Portfolio Company News - December 10, 2010

GenNx360 Capital Partners, a private equity firm focused on industrial business-to-business companies with $50 million to $500 million in revenues, announced today that it has hired Anthony Willis as operating associate.

Matthew Guenther is Appointed Partner at GenNx360 Capital Partners

Portfolio Company News - October 01, 2010

GenNx360 Capital Partners, a private equity firm focused on industrial business-to-business companies with $50 million to $500 million in revenues, announced today that Matthew Guenther has been appointed partner effective October 1, 2010.

Vertex Expands Indian Footprint by Launching Joint Venture with Domestic Major Shell Transource

Portfolio Company News - September 21, 2010

Vertex, a leading global Customer Management Outsourcing (CMO) and Business Processing Outsourcing (BPO) company operating across a wide range of market sectors and geographies, has today announced a joint venture with Shell Transource Ltd, one of India's largest integrated domestic BPO.

Industry Week Profiles GenNx360's Operational Prowess

Portfolio Company News - August 18, 2010

In its September 2010 issue, GenNx360 Capital Partners and founding partner Lloyd Trotter were profiled in an Industry Week story entitled, "Private Equity 3.0." The profile details GenNx360's strategy as an acquirer of choice seeking to help grow businesses by utilizing the firm's unrivaled operational experience and best practices.

Maine Machine Products Company Aquired by GenNx360 Capital Partners

Portfolio Company News - July 15, 2010

GenNx360 Capital Partners, a private equity firm focused on industrial business-to-business companies with $75 million to $500 million in revenues, announced today that the firm has acquired Maine Machine Products Company (MMPCo), a South Paris, Maine-based corporation specializing in manufacturing precision components and assemblies for the defense, oil & gas, and semiconductor industries. Terms of the transaction were not disclosed.

GenNx360 Management Company Donates $25,000 to Red Cross Relief Efforts in Haiti

Portfolio Company News - January 14, 2010

GenNx360 Management Company Donates $25,000 to Red Cross Relief Efforts in Haiti

syncreon Acquires NAL Worldwide Holdings Inc.

Portfolio Company News - December 29, 2009

syncreon, a specialized provider of integrated logistics services and highly customized supply chain solutions to global industries, announced today it has acquired NAL Worldwide Holdings, Inc. A portion of the acquisition was funded with proceeds from an additional investment by one of syncreon's shareholders, GenNx360 Capital Partners. The terms of the transaction are not being disclosed.

Vertex Ranked No. 1 Global BPO Provider for the Utilities Industry

Portfolio Company News - November 18, 2009

Vertex, a leading global provider of Business Process Outsourcing (BPO), Customer Management and IT solutions, has been ranked as the number one Utilities BPO provider globally by the respected The Black Book of Outsourcing (a division of Datamonitor).

GenNx360 Capital Partners Announces Firm Promotions

Portfolio Company News - November 03, 2009

GenNx360 Capital Partners, a private equity firm focused on middle market opportunities, announced today the following organization changes:

Vertex Completes Transaction with Lloyds Development Capital

Portfolio Company News - September 08, 2009

GenNx360 Capital Partners announced today that its portfolio company Vertex has completed a transaction with Lloyds Development Capital (LDC), the private equity arm of Lloyds Banking Group, involving the sale of a controlling interest in 1st The Exchange, a subsidiary of Vertex.

Specialty Chemicals Buisness, SiVance LLC, is Acquired from Clariant Corporation by GenNx360 Capital Partners

Portfolio Company News - August 31, 2009

GenNx360 Capital Partners, a private equity firm focused on industrial business-to-business companies with $100 million to $1 billion in revenues, announced today that it has acquired Clariant Corporationâ€™s Specialty Silicones business, which has been renamed SiVance, LLC.

GenNx360 Capital Partners Relocates Headquarters

Portfolio Company News - August 17, 2009

GenNx360 Capital Partners, a private equity firm focused on industrial business-to-business companies with $100 million to $1 billion in revenues, announced today the firm has relocated its midtown Manhattan headquarters from a temporary to permanent location. The firm is now located in the former IBM building on the southwest corner of Madison Avenue and 57th Street. Our New York office address is now:

Trimaster Manufacturing is Acquired from Edgestone Capital Partners by GenNx360

Portfolio Company News - July 13, 2009

GenNx360 Capital Partners, a private equity firm focused on industrial business-to-business companies with $100 million to $1 billion in revenues, announced today that it has acquired Trimaster Manufacturing, Inc., a manufacturer of precision components and complex sub-assemblies used in sophisticated machines.

Monty Yort Joins GenNx360 Capital Partners as a Managing Partner

Portfolio Company News - July 06, 2009

Monty joined GenNx360 Capital Partners as a Managing Partner in 2009. He has been in private equity since 1993 and has led numerous middle market acquisitions and recapitalizations totaling approximately $1.5 billion.

Minority Stake in syncreon Acquired by GenNx360 Capital Partners

Portfolio Company News - April 01, 2009

GenNx360 Capital Partners, a private equity firm focused on industrial business-to-business companies with $250 million to $1 billion in revenues, announced today that it has acquired a minority stake in syncreon, a specialized provider of integrated logistics services and highly customized supply chain solutions to global industries. Financial terms of the transaction were not disclosed.

Kimberly Berry-Jeter Joins GenNx360 Capital Partners as an Executive Assistant

Portfolio Company News - March 09, 2009

As the Office Manager for our New York Headquarters for Gennx360 Capital Partners, Kimberly Berry-Jeter is responsible for managing all administrative, infrastructure, and support services for the office.

Vertex Closes in on Purchase Agreement For Alliance Data's Utility Services Business

Portfolio Company News - July 29, 2008

Vertex, a global outsourcing and IT services firm, today announced the completion of the transaction with Alliance Data Systems Corporation to acquire its Utility Services business. Alliance Data's Utility Services provides billing systems, professional services and process outsourcing to utilities in the U.S. and Canada. The agreement was originally announced on July 14th, 2008.

Vertex Signs Agreement for Purchase of Alliance Data's Utility Services Business

Portfolio Company News - July 14, 2008

Vertex, a global outsourcing firm, announced today an agreement with Alliance Data Systems Corporation to acquire the company's Utility Services business. Alliance Data's Utility Services provides billing systems, professional services and process outsourcing to utilities in the U.S. and Canada.

Lloyd Trotter Elected to PepsiCo Board of Directors

Portfolio Company News - February 01, 2008

Pepsico, one of the world's largest food and beverage companies, announced today that Lloyd G. Trotter, a general partner of GenNx360 Capital Partners, has been elected to the company's board of directors and will join the board effective March 14th, 2008.

GenNx360 Capital Partners Closes First Fund with More than $500 Million in Commitments

Portfolio Company News - January 11, 2008

GenNx360 Capital Partners, a private equity firm launched by top executives from GE and Wall Street, announced today that it has closed its first fund with more than $500 million in commitments.

Carmax Board Elects Ronald E. Blaylock

Portfolio Company News - October 26, 2007

CarMax, Inc. (NYSE:KMX) announced today that its board of directors has elected Shira D. Goodman, executive vice president of marketing at Staples, Inc., and Ronald E. Blaylock, founder and General Partner of GenNx360 Capital to membership on the board.

Oak Hill Capital, GenNx360, and Knox Lawrence to Acquire Vertex from United Utilities

Portfolio Company News - January 15, 2007

A consortium of three U.S.-based private equity firms, Oak Hill Capital Partners, GenNx360 Capital Partners and Knox Lawrence International, today announced that they have reached a definitive agreement to acquire Vertex Data Science Limited ("Vertex"), a business process outsourcing subsidiary, from United Utilities PLC ("United Utilities"), based in the United Kingdom.

Matthew P. Guenther has Joined GenNx360 Capital Partners as a Principal

Portfolio Company News - January 03, 2007

Matthew joined GenNx360 Capital Partners as a Principal following 8 years at Walden Capital Partners LP.

Monsanto Adds Arthur H. Harper to Board of Directors

Portfolio Company News - October 24, 2006

Monsanto Company (NYSE: MON) announced today the appointment of Arthur H. Harper to the company's Board of Directors. Mr. Harper is Managing Partner of GenNx360 Capital Partners, a private equity firm focused on business to business companies.

Charles (Chuck) Castine Joins GenNx360 Capital Partners

Portfolio Company News - May 01, 2006

Chuck is a partner of GenNx360 Capital Partners. He brings over 30 years of experience in sales, business operations, and competitive strategy, specializing in leading businesses through market changes while improving both profitability and customer service.

GenNx360 Capital Partners Announces the Formation of a New Firm, GenNx360 Operating Partners

Portfolio Company News - April 14, 2006

Representing an elite collection of world-class business and operating management, GenNx360 Operating Partners will provide exclusive access to some of the finest and most sought after leaders in the industry. These distinctive individuals, with decades of experience, can be deployed to act as advisors and board members or, when warranted, occupy CXO positions in GenNx360 portfolio companies.