HKW acquires Watershield Industries; Greenbelt to buy Peak Utility Services

Deal Wrap is updated as of 3 p.m. ET.

– Hammond Kennedy Whitney & Co. Inc. acquired Watershield Industries LLC, a manufacturer of firefighting and rescue equipment. Hennepin Partners was financial adviser to Watershield. Taft Stettinius & Hollister LLP was legal adviser to HKW.

– Greenbelt Capital Management LP agreed to acquire electrical maintenance provider Peak Utility Services Group Inc. from ORIX Advisers LLC. Harris Williams was financial adviser and Kirkland & Ellis was legal adviser to Greenbelt. Stifel was financial adviser and Reed Smith was legal adviser to ORIX.

– Deutsche Beteiligungs AG exited its investment in fire extinguishing systems manufacturer and installer Kraft & Bauer Brandschutzsysteme GmbH with its sale to Syngroh Capital GmbH.

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