Private Equity Deal News CapitalWorks

Gates Putting a lot of Focus on Parking

Agreeing to buy Canada’s largest parking company is only the beginning for Gates Group, a May- field Heights-based private equity firm that plans to play consolidator in the fragmented North American parking business. Buying and taking private Imperial Parking Co., which has about 325,000 parking spaces under management, will

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Franklin Among Broad Investments

The Cleveland-based firm that has acquired a division of Franklin Electric is just seven years old but has invested in a range of businesses from parking lot management companies to a magazine. CapitalWorks LLC, founded in 1999, announced last week that it was acquiring the Engineered Motor Products division

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Australian Firms Join in $150M Parking Venture

Gates Group LLC, a private equity firm in Mayfield Heights, is preparing to hit the accelerator on its plans to buy automobile parking companies throughout North America after forming a joint venture with Australia’s Babcock & Brown, a multibillion-dollar global investment and advisory company. Walter Stuelpe, Gates Group managing

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Lubrizol Sells Engine Control Systems

The Lubrizol Corporation (NYSE LZ) announced today that it has signed an agreement for the sale of its Enfine control Systems (ECS) business, with facilities located in Canada, the U.S. and Sweden, to CapitalWorks, an equity firm based in Cleveland, Ohio. Grace Matthews, Inc. advised Lubrizol on the transaction.

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SFM Review: STACK Magazine

We really don’t know enough about the players we spend so much time watching, reading about, and thinking about. The media has come up short in answering two categorical questions: how do players train and how do they socialize? We know they work hard and can see the results

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Stack Magazine Gets Started

Five years ago, when Nick Palazzo and Chad Zimmerman were high school football teammates in suburban Cleveland, they had a hard time tracking down advice for improving their performance. When they went to college — Mr. Palazzo to Harvard and Mr. Zimmerman to Carnegie Mellon — they heard the

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CapitalWorks, Keane & Parker form iPower Logistics

CapitalWorks, Keane (Amex: KEA) and Parker Hannifin (NYSE: PH) today announced the formation of a new company, iPower Logistics LLC, which has acquired the iPower Distribution Group Inc. from Parker Hannifin Corporation. Parker retains a 20-percent equity stake in the new company. The supply network, which currently serves 165

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