AutoInfo has completed a merger with AutoInfo Holdings, a subsidiary of Comvest Investment Partners IV, L.P., one of the investment funds managed by Comvest Partners. AutoInfo operates in two business segments, non-asset based transportation services and agent support services.
3 min read · 29 April 2013
Atlantic-Pacific Capital has added Peter Larsen as principal. Larsen will be leading a team that evaluates financial sponsor prospects.
2 min read · 29 April 2013
Find out the latest in private equity and venture capital news after the weekend including a weekly Asian news round-up; the flight away from life sciences and a look at tech, biotech earnings and losses.
1 min read · 29 April 2013
Rare Element Resources has appointed Lowell A. Shonk, a financial professional with more than 30 years of experience in the mining industry, to its board of directors. He will also serve as the board's audit committee chair. Shonk is the vice chairman of Cupric Canyon Capital, a private equity company in partnership with Barclays Capital focused on investing in early stage copper projects worldwide.
3 min read · 25 April 2013
State Street Corporation has appointed Dr. Markus Steiner as head of State Street Global Services’ business in Switzerland. Dr. Steiner will assume his new role on July 1, 2013.
2 min read · 25 April 2013
LKQ Corporation has agreed to acquire Sator Beheer, a distributor of auto parts, tools and equipment headquartered in Schiedam, the Netherlands, for approximately $268 million. Baird acted as the sole financial advisor to LKQ on the deal, which is still subject to customary closing conditions. The sellers were H2 Equity Partners, a private equity firm, and Sator management.
3 min read · 25 April 2013
HarbourVest Global Private Equity, a closed-end investment company, has extended its multi-currency credit facility with LloydsTSB Bank plc. The company’s existing $500 million credit facility expires in December 2014.
7 min read · 25 April 2013
Take a break and catch up on the latest private equity and venture capital headlines this morning which touch on European businesses gearing up for debt; why venture firms are looking on the bright side and President Clinton's maiden tweet.
1 min read · 25 April 2013
This week Buyouts takes a look at the top and bottom five performing Asia-focused funds in the private equity portfolio of the California Public Employees’ Retirement System as of September 30, 2012. This does not include country-specific funds such as those funds dedicated exclusively to China, India or Japan.
3 min read · 25 April 2013
Argos Soditic has announced the acquisition of the Natural Distribution group, a European specialist in food supplements based on plants and components of natural origin, in a BIMBO transaction alongside the management team, led by Nigel Henton. Founded 25 years ago by Jean and Maryse Estienne, Natural Distribution develops and distributes food supplements based on plants and components of natural origin in pharmacies and specialist shops.
4 min read · 24 April 2013
