Alta Aspen Grove, a 280-unit luxury garden-style apartment community in Littleton, Colo., has been sold by Wood Partners to Berkshire Partners Berkshire Property Advisors. Located on 17.5 acres at 7317 South Platte River Parkway in Littleton, Alta Aspen Grove was designed to be eco-friendly, transit-oriented and packed with high-end amenities. The Denver office of Moran & Company represented Wood Partners in the sale.
4 min read · 01 July 2013
2 min read · 01 July 2013
Following the acquisition of Paragon Print & Packaging Group earlier this year by an affiliate of Sun European Partners, Investec Growth & Acquisition Finance has provided a 110 million pounds ($167.4 million) integrated debt facility incorporating a blend of revolving and amortising term facilities to refinance the senior secured acquisition debt. Established in 1994, Paragon is comprised of four divisions supplying printed labels, sleeves, cartons, lined board, film and artwork.
3 min read · 01 July 2013
Tribune Company is to acquire all of Local TV’s 19 television stations in 16 key markets for $2.725 billion in cash. Local TV is principally owned by Oak Hill Capital Partners.
7 min read · 01 July 2013
Catch up on the latest after the weekend with updates on Asian private equity; the latest start-up investing trends; who the highest paid tech CEO is and why Bob Geldof is reprimanding the funds' industry.
1 min read · 01 July 2013
Duke Street has signed an agreement with Paris-based investment firm Tikehau Group whereby Tikehau will become a 35 percent shareholder in Duke Street and provide committed capital to accelerate the firm’s deal-by-deal model. In partnership with Tikehau, Duke Street will have the capacity to underwrite any new deals in its target range.
4 min read · 27 June 2013
Permaswage has been sold by Bridgepoint for $600 million to Precision Castparts Corp. Permaswage, which was acquired by Bridgepoint in 2007, is an aerospace component supplier manufacturing permanent and separable couplings used to connect hydraulic, air and other tubing in all types of civil and military aircraft.
3 min read · 27 June 2013
To start your day this Thursday morning find out what seed capital you need to launch your venture; why $10m is the new $1m and how Betfair is attracting more gamblers.
1 min read · 27 June 2013
UK-based Odgers Berndtson has appointed Simon Havers to head its new practice dedicated to the private equity sector. Havers joins the City-based firm from Baird Capital Partners Europe Limited where he was chief executive. He has also previously held the chairmanship of the British Private Equity and Venture Capital Association (BVCA).
2 min read · 26 June 2013
Media company Brit + Co. has secured a $6.3 million Series A led by Oak Investment Partners, with participation from Index Ventures, Lerer Ventures and Cowboy Ventures. Previous angel investors, including Marissa Mayer and Aileen Lee also reinvested in the company.
3 min read · 26 June 2013
