Fourth Add-on in Twelve Months Enhances Company’s Metro Detroit Market Presence TROY, Mich.–(BUSINESS WIRE)–Continental, Michigan’s largest food management company, today announced it has acquired United Vending & Market Services (United Vending), located in Ferndale, Michigan. As part of the transaction, the entire United Vending leadership team and staff will join the Continental team. Financial terms […]

The Execu|Search Group earned a place on Forbes’ lists of America’s Best Recruiting Firms! Forbes compiled two lists—America’s Best Executive Recruiting Firms and America’s Best Professional Recruiting Firms—where The Execu|Search Group was ranked #83 and #43, respectively. See the press release. About The Execu|Search Group Founded in 1985 and headquartered in New York, NY, The Execu|Search Group is […]

Flying Colours, the North American MRO, completions and avionics business, just completed its first Ka-band installation on a Gulfstream GV airframe and its first Gogo AVANCE L3™ air-to-ground connectivity system on a Bombardier Challenger aircraft.  Both systems provide Flying Colours customers with top of the line connectivity and entertainment solutions on board their aircraft. See press releases […]

Continental Services’ Randy Podeszwik, Senior Vice President Sales, penned a great article on how employers are using smart food-at-work programs to increase employee engagement, improve recruiting, retain top talent, and lower insurance costs.  See Mercer’s article written with Randy Podeszwik.  

Flying Colours, the North American MRO, completions and avionics business, just completed the industry’s first Bombardier Challenger 650 medevac interior. See press release. About Flying Colours With facilities in Canada, the USA, & Singapore, global aviation services company Flying Colours Corp, brings decades of experience to every facet of its business, which includes Green Completions, Interior Refurbishment […]

Flying Colours, the North American MRO, completions and avionics business, invests in its Peterbourough, ON facility creating 60 new jobs. See press release. About Flying Colours With facilities in Canada, the USA, & Singapore, global aviation services company Flying Colours Corp, brings decades of experience to every facet of its business, which includes Green Completions, Interior […]

New Heritage Capital is pleased to announce that Continental Services was named to Food Management’s annual Top 50 report, a proprietary ranking of the largest noncommercial contract management companies.  See Food Management’s profile on Continental.  

Third Add-on in Eight Months Enhances Company’s Metro Detroit Market Presence TROY, Mich.–(BUSINESS WIRE)–Continental, Michigan’s largest food management company, today announced it has acquired Metro Vending Service, Inc. (Metro Vending), located in Roseville, Michigan.  As part of the acquisition, the Metro Vending staff will join the Continental team. According to Steve LaPorte, president of Continental’s […]

Flying Colours, the North American MRO, completions and avionics business, has officially opened the doors of its new St. Louis, MO., facility. See article in SKIES. About Flying Colours With facilities in Canada, the USA, & Singapore, global aviation services company Flying Colours Corp, brings decades of experience to every facet of its business, which includes […]

Flying Colours has signed an agreement with Conair Group Inc., a leading provider of fixed wing aerial firefighting aircraft, to modify six production Q400MR aircraft to support multi-purpose missions. See article in Corporate Jet Investor. About Flying Colours With facilities in Canada, the USA, & Singapore, global aviation services company Flying Colours Corp, brings decades […]

Peterborough, ON (BUSINESS WIRE) – February 8, 2018 – Flying Colours Corp. (“Flying Colours”), the refurbishment, completion and MRO business today announced that Boston-based private equity firm, New Heritage Capital, (“Heritage”), has become a minority stakeholder in the Canada-headquartered business.  The transaction, structured using Heritage’s Private IPO® solution, was ratified and signed by Flying Colours […]

Companies Combine Forces to Deliver Industry-Leading Refreshment Services TROY, Mich.–(BUSINESS WIRE)–Continental, Michigan’s largest food management company, today announced it has acquired 24 Hr. Vending LLC, located in Brighton, Mich. As part of the acquisition, the entire 24 Hr. Vending LLC staff will join the Continental team. “The team from 24 Hr. Vending is known for […]

NEW YORK, Jan. 2, 2018 /PRNewswire/ — The Execu|Search Group, a full-service recruitment, staffing, and workforce solutions firm, today announced their partnership with PharmaSource Group, a staffing firm based in the Chicago metropolitan area with strong expertise in life sciences. This partnership will allow The Execu|Search Group to strengthen their service offerings for clients in the life sciences field, as […]

Marks Fourth Add-On Acquisition Completed by Covalent Health Family of Companies BOSTON– BUSINESS WIRE — New Heritage Capital (“Heritage”) is pleased to announce that its portfolio company Covalent Health (“Covalent”), through its subsidiary Century Ambulance, has acquired St. Vincent Ambulance Service (“SVAS”), the dedicated transport provider for St. Vincent HealthCare facilities in the Jacksonville, Florida […]

Heritage Announces Acquisition of Satellite Vending First Add-on Acquisition for Continental Services Bolsters Local Detroit Presence BOSTON–(BUSINESS WIRE)–New Heritage Capital (“Heritage”) is pleased to announce that its portfolio company Continental Services (“Continental”) has acquired Satellite Vending Company (“Satellite”), a provider of vending, micro-market and office coffee services in the Detroit market. Satellite represents the first add-on […]

Covalent Health (ProTranport-1) Named To Inc. Magazine’s List Of America’s Fastest-Growing Private Companies New Heritage Capital is pleased to announce that Covalent Health (ProTransport-1) was named to Inc. magazine’s 36th annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies, for the seventh straight year.  Full article is here. About Covalent Health Through its […]

The Execu|Search Group Named To Inc. Magazine’s List Of America’s Fastest-Growing Private Companies New Heritage Capital is pleased to announce that The Execu|Search Group was named to Inc. magazine’s 36th annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies, for the third straight year.  Full article is here. About Execu|Search Founded in 1985 […]

Boston, MA – February 22, 2017 — New Heritage Capital (“Heritage”), a Boston-based private equity investment firm specializing in founder-owned businesses, today announced an investment in Continental Services, (“Continental” or the “Company”), a leading diversified food-service provider serving corporate clients in Michigan across a range of industries. The transaction will be structured using Heritage’s innovative […]

Heritage Invests in The Execu|Search Group BOSTON, October 6, 2016 – New Heritage Capital (“Heritage”), a Boston-based private equity investment firm specializing in founder-owned businesses, today announced an investment in The Execu|Search Group, (“Execu|Search” or the “Company”), a full-service recruitment, temporary staffing, and workforce management solutions provider with deep expertise in healthcare and financial services. The transaction […]

Non-Control Minority Investment: A New Path to Business Transition Mike O’Brien, Vice President at New Heritage Capital, contributes to a report titled “Non-Control Minority Investment: A New Path to Business Transition.” Authored by Ed Nichols at SRR, the piece explores emerging minority investment trends as a compelling strategic alternative.  Full article is here.

Heritage Announces Acquisition of ATS Medical Services Third Portfolio Company Add-on Acquisition as Firm Continues to Build Preeminent U.S. Patient Logistics Business BOSTON, February 23, 2016 – New Heritage Capital (“Heritage”) is pleased to announce that its portfolio company ProTransport-1, LLC (“ProTransport-1”) acquired ATS Medical Services, LLC (“ATS”), a leading interfacility medical transport provider in the greater Chicago and Indianapolis markets. […]

Heritage is pleased to announce the promotions of Melissa Barry and Judson Samuels to Partner. Both Ms. Barry and Mr. Samuels are long-term, senior members of Heritage’s investment team. Combined with Heritage’s General Partners Mark Jrolf, Charlie Gifford and Nickie Norris, the senior Heritage team has over 76 combined years experience in lower middle market […]

Second Portfolio Company Acquisition in Three Months as Firm Seeks to Build Preeminent US Patient Logistics Business BOSTON, September 29, 2015 – New Heritage Capital (“Heritage”) is pleased to announce that its portfolio company ProTransport-1, LLC (“ProTransport-1”) has acquired Century Ambulance Service, Inc. (“Century”), a leading interfacility medical transport provider in the Jacksonville, Florida metro area. […]

Heritage Announces Acquisition of PRN Ambulance. BOSTON–(BUSINESS WIRE)–New Heritage Capital (“Heritage”) is pleased to announce that its portfolio company ProTransport-1, LLC has acquired PRN Ambulance. PRN Ambulance is a leading interfacility medical transport provider in Los Angeles, exhibiting impressive growth since it was founded in 2000. Beginning operation with just three ambulances, PRN now features […]

Heritage Invests in EPTAM Plastics. BOSTON, May 20, 2014 – Heritage, a Boston-based private equity investment firm specializing in founder-owned businesses, announced today it has completed the management-led equity recapitalization of EPTAM Plastics Ltd. (“EPTAM”). Terms of the deal were not disclosed. Headquartered in Northfield, New Hampshire, EPTAM is a leading fabricator of precision machined […]

New Heritage Capital is pleased to announce that it has completed the successful sale of REACH Air Medical Group Holdings, LLC to Air Medical Group Holdings, Inc. THE COMPANY: REACH Air Medical Services, LLC (“REACH”) is a leading provider of emergency air medical transport services. REACH provides the highest quality patient care through 18 bases […]

New Heritage Capital is pleased to announce its investment in ProTransport-1, LLC THE COMPANY: Headquartered in Cotati, California, ProTransport-1 is a leading provider of interfacility medical transportation solutions to hospitals, skilled nursing facilities, specialty clinics and event venues in Northern California. Its specialized focus on the interfacility market has allowed it to grow at an […]

CAMBRIDGE, Ontario, May 07, 2012 (BUSINESS WIRE) Centra Industries (“Centra” or the “Company”) of Cambridge, Ontario has agreed to be acquired by Precision Castparts Corp. (“PCC”) , a worldwide manufacturer of complex metal components and products, it was announced today. PCC’s annual sales are greater than $7 billion and it primarily serves the aerospace, energy/power […]

Heritage is pleased to announce that its portfolio company, REACH Air Medical Services, LLC, has acquired CAL-ORE Life Flight, LLC. THE COMPANY: REACH Air Medical Services, LLC (“REACH”) is a leading provider of emergency air medical transport services. REACH provides the highest quality patient care at 14 air bases in California, Oregon and Texas via […]

Heritage is pleased to announce that it has completed the successful sale of OneSource Distributors to Sonepar USA. THE COMPANY: OneSource Distributors is the premier electrical and industrial products distribution company in Southern California, the largest and most attractive electrical usage region in the country. THE SITUATION: In 2006, OneSource’s two controlling shareholders desired liquidity. […]

Oceanside, CA, January 7, 2011 Bob Zamarripa and Mike Smith of OneSource Distributors, LLC, Oceanside, CA, announced that the company is acquiring D&D Tool and Supply of Vista, CA. D&D is a distributor of industrial, safety and tooling supplies with locations in Southern California and Tijuana, Mexico. Zamarripa is Chairman and CEO of OneSource. Smith […]

Heritage is pleased to announce that it has completed a Structured Equity investment in REACH Medical Holdings, Inc. Well-run family businesses can outperform the very best. For nearly 20 years, Heritage has specialized in addressing the needs of family-owned or founder-controlled businesses through a unique structure, The Private IPO®, which provides shareholders with liquidity, continued […]

BOSTON–(BUSINESS WIRE)– New Heritage Capital, the leading private equity firm focused on family owned businesses, today announced it has completed a CAD$24.9 million equity investment in Centra Industries Inc., a family-owned manufacturer of structural components and assemblies for commercial aircraft. The transaction was structured as a Heritage Private IPO®, allowing the family shareholders to receive […]