CoBe Capital, a global private investment firm focused on operation of non-core and underperforming business units, has signed an agreement to acquire Slovenian businesses Gorenje Kuhinje and Gorenje Notranja oprema, collectively the furniture division of Gorenje, d.d. The transaction is expected to close on March 1, 2013.
3 min read · 28 February 2013
Dealertrack Technologies is to acquire substantially all of the assets of electronic public license tag agency Casey & Casey NPS. The transaction is valued at approximately US$21.2 million and is expected to close in the second quarter of 2013. O’Melveny & Myers is representing Dealertrack Technologies in the transaction.
5 min read · 28 February 2013
U.S. Bank Wealth Management has appointed David Mook as chief private banking officer for U.S. Bank Wealth Management. He reports to Mark Jordahl, president of U.S. Bank Wealth Management, and is a member of the Wealth Management Executive Committee.
3 min read · 28 February 2013
Seacoast Capital has recapitalized Puyallup-based Northwest Cascade. The business is best known as the owner of Honey Bucket, a portable sanitation provider in the Pacific Northwest. GHF served as exclusive financial advisor to Northwest Cascade in the transaction and introduced Seacoast Capital to the company.
3 min read · 28 February 2013
Partners Group has invested in Softonic. The business is a multiplatform software guide which allows users to explore, download and manage software applications on multiple devices in more than ten different languages.
3 min read · 28 February 2013
GI Partners has acquired a data center-anchored property in Hayward, California. The investment was made through DataCore, a real estate fund managed by GI Partners.
2 min read · 28 February 2013
This morning First Read unveils links to the ten best data stories this week, cities where house prices are doubling and those Boston financial tech start-ups to watch.
1 min read · 28 February 2013
A mixed bag of job vacancies this week including associate and senior associate positions, investment director and secondaries investment manager at some big name private equity fund managers.
2 min read · 27 February 2013
Bibby Financial Services has funded a Miami-based textile manufacturing company that designs and produces premium quality t-shirts, fleece outerwear and sportswear for wholesalers and retail brands. The company will use the $7.5 million facility to fund growth and cover operating expenses.
2 min read · 27 February 2013
Serent Capital has invested in the Knowland Group, a data and software provider in the hospitality industry. The business was founded by Michael K. McKean in 2004.
3 min read · 27 February 2013