Private equity-related jobs that have caught peHUB’s eye this week include an assistant vice president and associate position at Blackstone, associate position at Goldman Sachs and an associate position at growth funding firm Lighter Capital.
1 min read · 21 October 2013
Marlin Equity Partners is to acquire all of the outstanding shares of Tellabs for $2.45 per share in cash. Tellabs is a supplier of networking solutions that help network operators boost revenue, reduce expenses, and optimize networks.
5 min read · 21 October 2013
NTS, a regional provider of integrated communications, has entered into a definitive merger agreement with affiliates of private equity firm Tower Three Partners. Upon completion of the transaction, NTS will be a privately held company.
5 min read · 21 October 2013
Yukon Partners has added Aaron Arnett, director, to the Yukon team. Arnett's responsibilities include working with the Yukon team on overall investment activities. He will provide leadership in the areas of evaluation, due diligence, and portfolio investment monitoring.
2 min read · 21 October 2013
Health Systems International, a provider of payment effectiveness solutions and a Great Point Partners' portfolio company has acquired The Reclaim Group, a medical post-payment recovery services company, based in Bethesda, Maryland. TRG is a provider of facility claims overpayment identification and recovery services to various health care clients in the United States, and is experiencing rapid growth and demand for its services.
2 min read · 21 October 2013
The Abraaj Group has acquired a majority stake in Ghana Home Loans, a provider of residential mortgages in Ghana. Established in 2006, GHL, headquartered in Accra, has a primary focus on the Ghanaian residential home buyer, offering mortgages for first time buyers, as well as buy to let, equity release, refinance and home completion products.
4 min read · 21 October 2013
UK-based Investec Fund Finance, part of Investec Specialist Bank, has appointed Steve Berry to its team. In his new role, Berry will focus on lending to credit and hedge funds and enhancing the team’s strategy in this area. He will report to Simon Hamilton, global head of Investec Fund Finance.
3 min read · 21 October 2013
Equistone Partners Europe Fund IV is acquiring a majority stake in Européenne des Desserts from CEREA Partenaire and Azulis Capital, alongside the current management team. The outgoing shareholders will retain a minority stake.
5 min read · 21 October 2013
MMC Ventures has expanded its team. The venture fund manager has hired Camilla Dolan as investment manager and Anna Slemmings in marketing.
2 min read · 21 October 2013
Madison Parker Capital has sold one of its portfolio companies, beRecruited, to The Raine Group, a private equity firm headquartered in New York City. Madison Parker Capital acquired beRecruited from its founders in 2007. Financial terms of the deal were not disclosed.
2 min read · 21 October 2013
