Infinity Homecare has completed its acquisition of Advanced Homecare and AHC Southwest. Infinity is represented by the Tampa-based investment team of HealthEdge Investment Partners. Headquartered in Sarasota, Florida and founded in 2006, Infinity Homecare provides home health services in the state of Florida through licensed and Medicare-certified agencies.
2 min read · 08 April 2013
MMC Ventures has won a competitive tender to launch the MMC London Fund. The new 11 million pounds ($16.8 million) fund is specifically focused on investment in London businesses. The London Fund will co-invest alongside other venture capital firms, business angels and other MMC funds – and is partly financed by a grant from the European Regional Development Fund, managed in London by the Mayor of London, and SME Wholesale Finance Ltd.
5 min read · 08 April 2013
European private equity firm Silverfleet Capital is to buy Ipes, a provider of fund administration and outsourcing services to the private equity industry, from RJD Partners. The deal is valued at 50 million pounds ($76.5 million).
4 min read · 08 April 2013
Segulah IV is selling 100 percent of the shares in Medstop Group Holding AB to Oriola-KD Holding Sverige AB. The transaction is subject to the approvals of the Swedish Competition Authority and the Swedish Medical Products Agency and is expected to be completed in the second quarter of 2013.
2 min read · 08 April 2013
Altius Associates has appointed two senior associates to its global investment team. Jeffrey Kopocis will be based in Richmond, VA office and Arnaud Garel-Galais will be based in the London office.
2 min read · 08 April 2013
MidOcean Partners has made a proposal to the board of directors of EDAC Technologies Corporation to acquire all of the outstanding shares of EDAC for $18.25 per share in cash. The proposal, which is being made jointly with a large North American pension plan investment manager, is not subject to a financing condition.
2 min read · 28 March 2013
Simon Clark is to take over as chairman of The British Private Equity & Venture Capital Association (BVCA) on 2 April 2013. Clark is managing partner at Fidelity Growth Partners Europe.
3 min read · 28 March 2013
GSO Capital Partners LP, the credit arm of The Blackstone Group is providing $150 million as part of a land banking arrangement to Beazer Homes USA. Funds managed by GSO will acquire new land parcels identified by Beazer Homes.
4 min read · 28 March 2013
Tommy G. Thompson, who served four terms as Governor of Wisconsin and served as the Secretary of Health and Human Services under president George W. Bush, has accepted an appointment as chairman of the Board of Poliwogg Holdings effective immediately. Poliwogg is developing an online marketplace that matches emerging privately held companies with individual accredited investors.
3 min read · 28 March 2013
Oracle Corporation is to acquire Tekelec Global, a portfolio company of Siris Capital Group. Terms of the transaction were not disclosed and closing is subject to certain closing conditions and regulatory approvals. Tekelec is a provider of network signaling, policy control, and subscriber data management solutions to both wireless and wireline service providers.
2 min read · 28 March 2013
