Software services business Consilio has appointed Pete Feinberg as vice president of products and Mark Roesler has joined as director of software development. Consilio is a portfolio company of Symphony Technology Group.
3 min read · 20 May 2013
Walgreen, a retail drugstore chain in the US and KKR portfolio company Alliance Boots, an international pharmacy-led health and beauty group, have received the required regulatory clearances for their equity investment in pharmaceutical services company AmerisourceBergen Corporation. The regulatory clearances permit both the purchase of up to 7 percent of the fully diluted equity of AmerisourceBergen in the open market, and the exercise of two warrants for 16 percent in the aggregate of the fully diluted equity of AmerisourceBergen in 2016 and 2017.
5 min read · 20 May 2013
Goosecross Cellars, a boutique luxury winery located in Yountville, CA, has been sold to Golden Equity Investments (GEI). The transaction included the 11-acre estate winery and vineyard property, tasting room and contemporary Tudor-style estate home. Zepponi & Company, a global wine industry mergers and acquisitions advisory firm served as the exclusive financial advisor to the owners of Goosecross Cellars. Financial terms were not disclosed.
3 min read · 20 May 2013
UK-based Oakfield Capital Partners has reached a first close of its UK Special Situations Fund with firm commitments of £6 million. The fund invests in SME businesses which need both finance and management support to realise their full potential. Oakfield will continue fundraising until the final close of the fund at the end of September.
3 min read · 20 May 2013
Find out the latest after the weekend with news about Silicon Valley; Chinese conglomerate Fosun's $1bn dream; a look at who's who in tech and biotech and what Tumblr's sale means for New York start-ups.
1 min read · 20 May 2013
Pamplona Capital Management has acquired Coinmach Service Corp, a multi-family laundry service provider, and AIR-serv Group, a provider of pay air services for automobile tire inflation in North America. The acquisitions, with a transaction value of $1.4 billion, creates a new company, CSC ServiceWorks, Inc.
2 min read · 16 May 2013
European media and communications private equity group GMT Communications Partners and Veronis Suhler Stevenson have teamed up with management to provide growth capital to IT-Ernity. Founded in 2002 by its managing director, Sebastiaan de Koning, and R&D manager Tom Pfeifer, the business is a provider of business critical managed services and shared hosting for SMEs in the Netherlands.
4 min read · 16 May 2013
David Spaulding, founder and chief executive officer of The Spaulding Group, has promoted Patrick W. Fowler to the position of president. Spaulding relinquishes the title, which he has held since the founding of the firm nearly 23 years ago, while retaining the role of CEO. Patrick will also continue to hold the title of COO.
2 min read · 16 May 2013
VTB Capital has appointed Xin Lin and Wei Chen to its Hong Kong office, as part of VTB Capital’s growing business in the Asia-Pacific region. Lin has been appointed as VTB Capital’s head of multiproduct sales for China, where she will be responsible for sales & origination and fixed income across Chinese corporate, investor and financial institutional clients.
3 min read · 16 May 2013
HFO Investment Real Estate has appointed Tyler Johnson as a partner specializing in multi-family investments. Tyler has been working in commercial real estate as an apartment broker for over a decade.
2 min read · 16 May 2013
