LAKE FOREST, ILL., July 14, 2022 – Parallel49 Equity announces the sale of MedTorque to ARCH Medical Solutions Corp. (“ARCH”). MedTorque is a world-class precision manufacturer of orthopedic instruments and implants with facilities in Kenosha, Wisconsin, and Elmhurst, Illinois. MedTorque is highly proficient in serving a wide range of orthopedic applications, including
LAKE FOREST, ILL., April 25, 2022 – Parallel49 Equity today announced the successful closing of the sale of Anaheim-based Certified Waste Solutions to Broadview Group Holdings, LLC, management, and other co-investors, including EXI Investment Partners. Parallel49’s Fund V acquired Certified in March 2015. Founded in 1977, Certified has more than four
LAKE FOREST, Ill., August 24, 2021-Parallel49 Equity today announced the successful closing of the sale of Indianapolis-based Kinetrex Energy to Kinder Morgan, Inc. (NYSE – KMI) for $310 million. Parallel49’s Fund V acquired Kinetrex in December 2016. The Transaction represents firm’s largest ever multiple of invested capital on single