CLOs on the Move


 
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J-Star Motion Corporation

We are an OEM manufacturer of linear actuators and lifting columns, located in the Greater Grand Rapids area! Our parents company, Jiecang Linear Motion Technology Co.,Ltd was established in 2000 in Xinchang, China. Due to their high standards, their products quickly became globally respected for use in medical and home care equipment. With a large customer base in the United States, they found it necessary to purchase a facility locally which happened in 2018.

ParetoHealth

ParetoHealth is a healthcare benefits solutions provider focused on midsize employers with 50 to 1,000 employees. The company aims to reduce healthcare cost volatility and improve financial outcomes through innovative self-insurance models. It has established itself as the largest health benefits captive in the U.S., managing over $6.6 billion in healthcare spending and serving more than 3,000 employers, which collectively cover over 1 million lives. The company offers a range of services, including its Risk Shield program, which provides a shared-risk model for predictable costs and stop-loss protection against large claims. Its Savings Engine utilizes data analytics and clinical expertise to manage medical costs and improve pharmacy solutions through the ParetoHealth Pharmacy Consortium. By pooling employers into a single risk pool, ParetoHealth enhances negotiating leverage and risk stabilization, allowing midsize businesses access to cost-saving tools typically available to larger corporations.

PSC Group

PSC Group, founded in 1952 and based in Baton Rouge, Louisiana, is a prominent provider of embedded logistics and industrial services for critical infrastructure sectors across North America. The company, originally known as Petroleum Service Corporation, focuses on safety, efficiency, and sustainability in its operations. It is currently backed by Aurora Capital Partners and The Jordan Company. The company offers a wide range of specialized services, including logistics and product handling, industrial operations, sustainability solutions, and workforce solutions. Their logistics services encompass rail switching, truck and marine logistics, and dock operations. PSC Group also provides tankerman services, terminal operations, and industrial cleaning for hazardous environments. Additionally, they focus on waste management, recycling, and environmental compliance, along with skilled labor provisioning for various sectors. PSC Group serves major clients in petrochemical and refining, marine transportation, and sustainability-driven enterprises. The company is recognized for its strong safety record, extensive geographic reach, and commitment to employee welfare through competitive benefits and training programs.