Vestar Capital Partners has completed the acquisition by Vestar Capital Partners VI, L.P. of a majority interest in American Roland Food Corp including Bruno Scheidt, American Roland Food Corp, Pro Warehouse Corp and Costamar Corp. Terms of the transaction were not disclosed.
2 min read · 01 October 2013
Investec Specialist Bank has expanded its growth and acquisition finance team with the appointment of Joanna Turney. Reporting to Ed Cottrell, head of the growth and acquisition finance team, in her new role, Joanna will play a key part in originating and executing transactions on behalf of growth businesses and entrepreneurial management teams.
3 min read · 01 October 2013
VTB Capital Investment Management has launched the VTB Capital IM Russia & CIS Debt Fund. The Fund will launch with $40 million and be domiciled in Luxembourg. An additional $15 million of soft commitments have been pledged before yearend.
2 min read · 01 October 2013
Take a break this morning to find out the latest private equity news including fund closes from Adveq, Frazier Healthcare and Pitango and why biotech CEOs don't know it all.
1 min read · 01 October 2013
This week peHUB has highlighted two chief investment officer positions at San Francisco Employees’ Retirement System and the New Jersey Department of the Treasury. There is also a private equity fund administrator senior associate opening at State Street and venture capital managing director position up for grabs at GE Software.
1 min read · 30 September 2013
Incline Equity Partners, a Pittsburgh-based lower middle market private equity firm, has appointed John Morley as senior associate. Prior to joining Incline, John was an investment professional with H.I.G. Growth Partners.
1 min read · 30 September 2013
Pattern Energy Group has priced its initial public offering of 16,000,000 shares of its Class A common stock at US$22.00 per share. Private equity firm Riverstone Holdings is a backer of the business.
4 min read · 30 September 2013
Antero Resources Corporation has launched its initial public offering of 30,000,000 shares of its common stock, at an anticipated initial public offering price between $38.00 and $42.00 per share. The company recently secured a $1 billion line- of-equity funding program led by Warburg Pincus.
2 min read · 30 September 2013
Seven Mile Capital Partners II LP, an affiliate of Seven Mile Capital Partners has entered into a definitive agreement to acquire Microporous Products from Polypore International. Polypore is selling Microporous pursuant to an FTC divestiture order. Microporous is a developer, manufacturer and marketer of high performance rubber, polyethylene and hybrid battery separators for flooded lead-acid batteries.
4 min read · 30 September 2013
Bridgepoint Development Capital has entered into an agreement with the private equity funds Procuritas Capital Investors III A and B and minority shareholders to acquire KGH Customs AB, a provider of customs services in Europe. Headquartered in Gothenburg, Sweden, KGH is an independent specialist service provider in the European customs services market.
4 min read · 30 September 2013
