Another Successful Portfolio Company Sale for ClearLight Partners | Business Wire
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–ClearLight Partners, LLC has sold TASI Group (“TASI”) to Berwind Group.
The terms of the transaction weren't disclosed.
TASI is a leading global provider of highly engineered test,
measurement, inspection and automation solutions for mission-critical
applications in the Americas, Europe and Asia. The Company’s solutions
focus on enhancing customer productivity by reducing manufacturing cost,
avoiding rework, improving quality and reliability. Shortening time
to market. TASI serves a diverse customer base in a range of end markets
including the transportation, industrial, life sciences, energy, food
and beverage. Consumer goods industries. TASI is headquartered in
ClearLight invested in TASI in 2007. In partnership with TASI’s
management team, grew the company both organically and through four
Are you not enjoying the level of prosperity that you would ultimately like to enjoy? Then something needs to change. Most people do the same things over and over and expect different results, but that is not how life works. If you want new results, like more success and wealth, then you need to make some adjustments in your thinking and acting. Here are some of the ways that millionaires attract business success and wealth.
Decide Exactly What You Want and Write it Down
Success comes throughout the same principles, and the first one is goal setting. It all starts with a goal, a clearly written statement of internet. Intent is the key word here. General wishes or desires are not goals, for goals are clear and definite. Goals are clear visions that you have that you intend to accomplish in a give period of time. Write your goals down, clarify them as much as possible, and review them day by day. If you do not yet know where you are headed, isn't it about time you began assessing and clarifying your goals? When it comes to goals, clarity is power, and time spent clarifying your goals is never wasted. Goals also gain power when they are written down and kept in the front of ones mind at all times.
Visualize Being More Successful and Wealthy
Clarity is power, because the more clearly you see what you want to achieve, the faster it will arrive. The best goals and dreams are the ones that are not grey is some areas but defined in all. Visualization is one very powerful tool that many successful people use to bring them closer to accomplishing their goals. They imagine themselves in every detail just as they want to be when they reach their...
add-on acquisitions. “We recognized TASI’s unique potential and saw an
opportunity to partner with a strong management team to drive growth,”
said Jay Shepherd, a partner at ClearLight.
“It's been a pleasure working with ClearLight in growing TASI,” said
David Huberfield, CEO of TASI. “Over the past seven years TASI has
expanded its global reach, introduced successful new products and
strengthened its leadership positions in its markets. Going forward, the
company is well positioned to continue its strong growth as part of
“We're proud of our relationship with David Huberfield and the team at
TASI. Of their many accomplishments,” commented Michael Kaye,
Managing Partner of ClearLight. “The TASI team executed well and
delivered growth through both organic initiatives and acquisitions. We
think that TASI will continue to thrive under Berwind’s ownership and
The first house of the horoscope describes the personality traits that we exhibit. This house represents our ascendant sign. On the horoscope chart it is represented as ASC.The ascendant or rising sign describes what you are in front of the world. It is the way you present yourself while dealing with people. It is known to be an individual's automatic response to his/her environment. Right from the clothes we choose to wear, to the people we hang out with, our rising sign can say it all.
The rising sign can be calculated only if the exact time and date of birth is known. It is believed that the ascendant characteristics are stronger when the person is born at the beginning of the sign. These signs are the first personality traits that we exhibit. Buzzle will help you interpret your rising sign.
Before starting with the personality traits of the rising signs, let us get acquainted with the method to find out the ascendant signs. The panchang is used in Vedic astrology to find rising signs. However, if you have your horoscope, you can easily find your rising sign. The exact position of the sign is shown in the diagrams given below.
* Images are for representational purposes only.In the Western horoscope chart, look for ASC or first house to know your ascendant sign.In the Vedic horoscope chart, look for Lagna or first house to know your ascendant sign.
* Note: Here, the numbers represent houses. Now, as you know your ascendant sign, you will be curious to know what personality traits your sign represents. So, here's what your rising sign has to say about you...Aries RisingStraightforward and direct! That's the approach Aries have towards life. Have you ever heard an Aries planning about things? Far-fetched thought, isn't it? Aries are the ones...
are pleased to deliver an attractive return to ClearLight’s investors.”
ClearLight was advised by Robert W. Baird &. Co. and Latham and Watkins,
LLP. Black Canyon Capital and Industrial Growth Partners were
co-investors in TASI with ClearLight.
About ClearLight Partners
ClearLight Partners is a private equity firm located in Newport Beach,
CA with $900 million of assets under management. The team at ClearLight
has extensive operating and financial experience. Invests in and
contributes to the expansion of established and profitable businesses.
ClearLight focuses on investing in middle-market companies that are
profitable market leaders in industries that include industrial
technologies, specialty manufacturing, consumer products and services,
business services. Health care services.
ClearLight is actively searching for investments for its third fund,
ClearLight Partners III which has committed capital of $300 million.
For more information, visit www.clearlightpartners.com.
Berwind is a family-owned investment management company. With its roots
dating to 1886, Berwind has evolved from its beginning as a coal mining
company, to a diversified portfolio of highly successful manufacturing
and service companies, which are leaders in their market niche. Berwind
is dedicated to investing in member companies to assist in the growth
and development of existing industry platforms and building new
platforms for future growth. Berwind operates under a decentralized
business model, offering management significant autonomy, while
providing financial, business. Operational advice and assistance.
Berwind is headquartered in Philadelphia, Pennsylvania.
Visit Berwind’s website at www.berwind.com