AUA Private Equity Partners, a lower middle-market private equity firm investing in U.S. Hispanic-oriented and/or family-owned businesses has completed a recapitalization of Associated Foods Holdings. Terms of the transaction were not disclosed.
3 min read · 06 March 2013
Milwaukee High Lift and Madison High Lift have sold all their assets to Sunbelt Rentals. The company specializes in renting aerial equipment such as scissor lifts and articulated and telescopic booms. FocalPoint Securities served as exclusive financial advisor to the company.
3 min read · 06 March 2013
Riverstone Global Energy and Power Fund V, L.P., an energy-focused private equity fund managed by Riverstone Holdings, will make a strategic investment alongside Ridgewood Energy Corporation, a private upstream oil and gas investment company, in a series of deepwater exploration projects located in the Gulf of Mexico. The Ridgewood management team will manage the investments on behalf of the venture. Combined with a similar commitment by an affiliate of Riverstone/Carlyle Global Energy and Power Fund IV, L.P. in 2010, this brings the total Riverstone sponsored fund commitment to the venture to over $550 million.
2 min read · 06 March 2013
Partners Group has closed its 2011 vintage global value program with 680 million euros ($887.4 million) in commitments. The program is the third and largest in Partners Group’s Global Value series, following 2006 and 2008 vintage programs, which closed on over 400 million euros and over 530 million euros respectively.
3 min read · 06 March 2013
Check out the latest headlines this morning bringing you news on the latest Latin American PE and VC trends; Life Tech's potential suitors; the Google of mobile and the top ten rules of designing data centers.
1 min read · 06 March 2013
Oakfield Capital Partners, a UK-based private equity firm specialising in investing in small and midsized British businesses, is to launch a new 20 million pound ($30.3 million) fund which will allow its investors to qualify for tax relief under the Government-backed Enterprise Investment Scheme. OCP’s UK Special Situations Fund will invest in 6-8 SME businesses which need both finance and management support to realise their full potential.
3 min read · 05 March 2013
Marketo plans to conduct a registered initial public offering of its common stock. The offering is expected to commence after the SEC completes the review process initiated by Marketo’s confidential submission of its draft registration statement.
1 min read · 05 March 2013
AXA Private Equity has arranged a 220 million euro ($287 million) unitranche facility for the acquisition of IPH by PAI Partners from Investcorp. The deal represents the largest unitranche financing in Europe to date. IPH is a distributor of industrial supplies in Europe.
3 min read · 05 March 2013
Jefferies has hired Thomas Scibetta as a managing director for its Jefferies Strategic Capital Opportunities group. Most recently, he was a managing director at Avenue Capital Group, where he focused on institutional capital raising and investor relations.
1 min read · 05 March 2013
Terawatt has secured a significant initial investment from Sorenson Capital Partners. The funding will enable Terawatt to hire key talent, build a robust back-office platform, and secure its position in the U.S. residential solar market.
2 min read · 05 March 2013
