Hologic, a manufacturer of diagnostics products, medical imaging systems and surgical products has appointed Scott T. Garrett to the Company's newly expanded board of directors. Garrett will serve on the company's corporate development committee.
4 min read · 09 May 2013
Webster Financial Corporation has announced the pricing of the underwritten secondary offering by Warburg Pincus Private Equity X, L.P. and one of its affiliates of 8,744,850 shares of Webster common stock. All of the shares are being sold by Warburg Pincus and the firm will receive all of the net proceeds from the offering.
5 min read · 09 May 2013
Klockner Pentaplast, rigid films and packaging solutions company has completed a refinancing. The company was acquired by a group of investors led by SVP Global in June 2012.
3 min read · 09 May 2013
Victory Park Capital has announced a $25 million credit facility for Chicago-based AvantCredit, an online lending company offering loans between $1,000 and $10,000 to individuals. In addition to the credit facility, VPC also participated in AvantCredit's Series A equity round led by August Capital.
3 min read · 09 May 2013
Partners Group and Perennius Capital Partners are to integrate all their investment and client service activities in Italy. Perennius Capital Partners has been Partners Group’s exclusive Italian partner since its foundation in 2007. Its Milan office will bring Partners Group’s total number of offices to 16 worldwide.
3 min read · 09 May 2013
This Thursday morning First Read brings you the Midas top ten in venture capital; how Ontario plans to become the next top tech hub and the States where teenagers cannot find work.
1 min read · 09 May 2013
MaRS Discovery District has appointed Salim Teja as managing director of its ICE sector programs. Teja will provide strategic direction and leadership for the ICE practice, where over 60 seasoned volunteer advisors guide and mentor more than 370 early stage ventures.
3 min read · 08 May 2013
Ashford Hospitality Trust has signed an agreement to acquire the 142-room Pier House Resort and Caribbean Spa in Key West, Florida, for a total consideration of $90 million in cash. Ashford intends to fund the entire purchase price with cash on hand.
4 min read · 08 May 2013
Atlas Pipeline has closed on its previously announced purchase of TEAK Midstream, a private midstream company. Final cash consideration for TEAK totaled $1.0 billion, subject to working capital and other adjustments contemplated by the purchase and sale agreement.
4 min read · 08 May 2013
Alacrita, a life sciences consulting firm, has aggregated the life science practices of two consulting firms and appointed Simon Turner as partner. Alacrita is taking on the business of Canopus, a specialist life science consulting firm founded by Dr. Turner, which recently acquired the life sciences consulting business of Transentia, which focussed on the commercialisation of early-stage technology.
3 min read · 08 May 2013
