Consumer Portfolio Services has renewed its $100 million revolving credit facility with affiliates of Goldman, Sachs & Co and Fortress Investment Group. Under the amended terms, the facility will revolve during the first two years and will amortize during years three and four.
2 min read · 07 March 2013
Nashville-based healthcare investment firm Heritage Group has backed Aviacode. Based in Salt Lake City, Aviacode provides remote medical coding services and software to hospitals and physician offices.
3 min read · 07 March 2013
Riverstone Holdings is to acquire Utex from investment funds affiliated with Rhône Capital. Financial terms of the transaction were not disclosed.
3 min read · 07 March 2013
Kristiaan Nieuwenburg has joined EQT Partners as partner at EQT Equity and regional head for Benelux. Nieuwenburg comes from Dutch e-commerce firm RFS Holland Holding where he was chief financial officer.
2 min read · 07 March 2013
CapMan has established its fourth private equity real estate fund in the Nordic countries. The investment capacity of CapMan Nordic Real Estate is approximately 125 million euros ($162.8 million) following the first closing.
2 min read · 07 March 2013
This morning First Read reveals challenging markets force Permira to cut fundraising targets; Yahoo's Mayer and her million dollar bonus; Boston tech companies in the $100 million club and Best Buy's blow to telecommuting.
1 min read · 07 March 2013
This week peHUB is highlighting vacancies for a platform experience and operations manager, private equity associate and vice president portfolio manager. There are also a handful of marketing, communications and investor relations roles up for grabs.
2 min read · 06 March 2013
Harbert Private Equity Fund II has sold PFC Acquisition Company and its wholly‐owned subsidiary, Presidential Financial Corporation to MidFirst Bank. PFC will operate as a subsidiary of MidFirst Bank and maintain its own brand and management team.
2 min read · 06 March 2013
H.I.G. Capital has successfully closed H.I.G. Capital Partners V at its $1 billion cap. The fund will continue the strategy of H.I.G. Capital’s four predecessor funds, focusing on private equity, buyout and equity-related investments in lower middle-market companies primarily in the United States.
2 min read · 06 March 2013
Matt Turck has joined FirstMark Capital as a managing director. Turck founded Bloomberg Ventures.
3 min read · 06 March 2013
