Day: January 10, 2014

Sources: Prospect Partners, Chicago; CP staff

Prospect Partners, a private equity firm investing in smaller lower-middle-market companies, and Schilling Ventures, LLC, an operations-focused investor, have recapitalized Cyclonaire Corp. in partnership with management of the York, Neb., pneumatic conveying systems specialist.

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Sources: CEI Enterprises Inc., Albuquerque, N.M.; CP staff

CEI Enterprises Inc., part of Chattanooga, Tenn.-based Astec Industries, is set to begin engineering, manufacturing and marketing a full line of concrete production plants, including traditional batch models and others deploying new technologies.

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