The Riverside Company has exited its investment in OnCourse Learning Corporation. Based in Wisconsin, OnCourse offers a variety of career-training courses aimed at professionals requiring certifications or mandated by regulatory agencies. UPDATE: CIP Capital has made an undisclosed investment in OnCourse. Fifth Street Finance Corp. provided the debt financing.
1 min read · 04 March 2014
Mid-market M&A and debt advisory firm Livingstone has added to its London team. Karen Dawaf, Tom Smith and Lewis Gray have been appointed to further strengthen the team.
1 min read · 04 March 2014
Gen II Fund Services, a third party private equity fund administrator has appointed Jeff Gendel as managing director of business development. Gendel will be responsible for driving business development activities for Gen II along with further developing Gen II’s existing client relations.
2 min read · 04 March 2014
SPEX Group, an Aberdeen-headquartered oil and gas service provider, has secured a growth capital investment from the Business Growth Fund. This is BGF’s fourth investment in Scotland this year.
5 min read · 04 March 2014
In First Read this morning, NYSTRS is hiring, NextHire is apparently revolutionising recruitment with digital tech and Florida is betting over a billion on venture fund-of-funds.
1 min read · 04 March 2014
On the job’s board this week, Blackstone, Carlyle, NYSTRS and HarbourVest are hiring.
1 min read · 03 March 2014
Abacus Finance Group has served as administrative agent and sole lead arranger for $14 million in senior secured credit facilities to support the leveraged buyout of Delphon Industries by Fulham & Co in partnership with Farol Asset Management and Brooke Private Equity Associates. Abacus also made an equity co-investment in Delphon.
3 min read · 03 March 2014
The Riverside Company has exited its investment in FAIRPAY Solutions, a workers’ compensation medical bill reviewing and auditing specialist. Riverside invested in the Addison, Texas-based company in 2009.
1 min read · 03 March 2014
Global alternative asset manager The Carlyle Group has acquired a majority stake in Bonotel Exclusive Travel. Financial terms were not disclosed.
3 min read · 03 March 2014
The Carlyle Group is to acquire a 100% stake in Tyco Fire & Security Services Korea Co. Ltd. and its subsidiaries that form and operate the company’s Korean security business from Tyco, a pure-play fire protection and security company. The transaction is valued at approximately $1.93 billion.
3 min read · 03 March 2014
