The Resolute Fund with certain additional funds managed by The Jordan Company has completed the sale of Haas Group to Wesco Aircraft Holdings for $550 million in cash, subject to certain post-closing adjustments. Haas is a provider of outsourced chemical supply chain management solutions.
2 min read · 03 March 2014
FrontStream Holdings has acquired TRUiST to its portfolio of brands. TRUiST is a provider of corporate philanthropy solutions based in Washington, DC. FrontStream is backed by Arsenal Capital Partners.
3 min read · 03 March 2014
Equity Risk Partners has added a new unit, Healthcare Risk, aimed at services for private equity firms in the health care industry. Eleven of the firm’s 52 employees are now assigned to Healthcare Risk, led by Scott Pachtman, vice president and including new hire Mike Cardenas, vice president, who previously worked in the medical professional liability unit at Allied World Assurance Co.
1 min read · 03 March 2014
5 min read · 03 March 2014
BGF has backed energy-focused firm 3sun Group, a specialist provider of products and services to the global energy industry. Headquartered in Great Yarmouth, England, it has a base in Aberdeenshire, Scotland.
5 min read · 03 March 2014
UK-based Exponent Private Equity has acquired the assets of The Loch Lomond Distillery Company for an undisclosed sum. The Loch Lomond Distillery Company’s assets include the Loch Lomond Distillery at Alexandria, West Dunbartonshire; the Glen Catrine packaging plant at Mauchline in Ayrshire; and the Glen Scotia malt distillery in Campbeltown, Argyll and Bute.
2 min read · 03 March 2014
BNY Mellon has appointed Frank La Salla as chief executive officer of its alternative investment services business. La Salla will report to Samir Pandiri, BNY Mellon executive vice president and CEO of asset servicing.
3 min read · 03 March 2014
Catch up on the latest after the weekend including a fourth mezzanine fund from Oaktree, biotech offerings boosting January IPO figures, where the niche lies for the mid-market and Montagu putting Maplin on the sales block.
1 min read · 03 March 2014
ClearSlide, a sales engagement platform, has closed a $50 million Series C round of funding led by The Social+Capital Partnership. All current venture investors, including Greylock Partners, Bessemer Venture Partners, and Felicis Ventures participated in the round.
2 min read · 27 February 2014
NVM Private Equity has appointed Karl Cockwill to its investment team as portfolio manager. He will help manage NVM’s portfolio across the UK and will be based at the Manchester office.
2 min read · 27 February 2014
