Enlightenment Capital, an aerospace, defense & government focused investment firm has backed Vanguard Space Technologies. Based in San Diego, CA, Vanguard is a provider of spacecraft components and assemblies for military, defense, research, and commercial satellites. Vanguard is a portfolio company of Nogales Investors, a Los Angeles-based private equity firm. Financial terms of the transaction were not disclosed.
2 min read · 26 February 2014
Fieldwood Energy has closed its acquisition of SandRidge Energy’s Gulf of Mexico and Gulf Coast business unit for $705 million. Production from the acquired assets currently exceeds 26,000 boepd.
2 min read · 26 February 2014
Electranova Capital, a cleantech venture capital fund managed by Idinvest Partners and sponsored by EDF, has backed German company Sunfire. Total Energy Ventures is also participating in this new round. Sunfire develops high temperature fuel cells which convert gas into electricity and heat.
3 min read · 26 February 2014
Bayside Capital, an affiliate of H.I.G. Capital, has acquired the 378-room Hilton Hotel in London Docklands, United Kingdom. The asset was sold by Pandox AB.
2 min read · 26 February 2014
Primeritus Financial Services has acquired Repo Remarketing, a vehicle recovery and remarketing firm. Financial terms of the transaction were not disclosed. Primeritus Financial Services is a portfolio company of Kinderhook Industries.
3 min read · 26 February 2014
Oleg Sabel has joined Otterbourg P.C. as a member of the firm in the real estate group. Sabel’s practice focuses on the buying, selling and financing of a range of properties, including multi-family residential complexes, office buildings, hotels, health care facilities and retail centers. He comes to the firm from Hogan Lovells.
3 min read · 26 February 2014
This morning there is fundraising news aplenty from Permira, PTV and Terra Firma, CalPERS is recruiting for investment officers and TPG is contemplating going public.
1 min read · 26 February 2014
The California Public Employees’ Retirement System (CalPERS) is recruiting for an investment officer II.
1 min read · 25 February 2014
Intervale Capital has closed Intervale Capital Fund III. Fund III has surpassed its target of $400 million with capital commitments of $495 million raised in less than five months.
2 min read · 25 February 2014
Birch Equity Partners has made its first private equity investment in Tempo Telecom. Tempo is a provider of prepaid and Lifeline communications services to consumers throughout the United States.
2 min read · 25 February 2014
