The Hillman Companies has completed the previously announced acquisition of H. Paulin & Co for a cash purchase price of C$27.60 per share. Shares are expected to cease to be listed for trading on the Toronto Stock Exchange. Hillman was acquired by Oak Hill Capital Partners in May 2010.
3 min read · 20 February 2013
This morning First Read reveals links to the twelve biggest exits of 2012, why Facebook is buying Atlas, six states with the highest gas prices and a bullish VC attitude towards pricing.
1 min read · 20 February 2013
Following the long weekend, catch up on the latest private equity links this morning which unveil the top twenty tech venture capital firms of 2012, an Asian private equity update, the best of times for cleantech and Silicon Valley giving girls a chance.
1 min read · 19 February 2013
Japan-based ORIX Corporation is acquiring approximately 90.01 percent of the equity in Netherlands-based Robeco from Rabobank, for 1.9 billion euros ($2.6 billion). Closing of the transaction is subject to legal and regulatory approvals, which are expected to be completed within six months.
6 min read · 19 February 2013
LGT Capital Partners has closed Crown Global Secondaries III, its third global private equity secondary fund, reaching a total of $2 billion. The program’s investor base consists of more than 80 institutions and includes sovereign wealth funds, government pension funds, corporate pension funds, insurance companies, endowments and foundations.
2 min read · 18 February 2013
Global law firm K&L Gates has expanded its Boston office with the recent additions of two new partners, Mark L. Johnson and Paulo J. Marnoto and eight new associates. Johnson joins the firm’s corporate securities and finance practice from Cooley, while Marnoto joins the firm’s private equity and fund formation practice from Ropes & Gray.
3 min read · 18 February 2013
International equestrian fashion wholesaler Hypo Wholesale has joined forces with consumer-focused investor Vendis Capital in a management buyout. Livingstone acted as the exclusive financial advisor to the shareholders of Hypo Wholesale on the transaction. Terms of the deal were not disclosed.
3 min read · 18 February 2013
Equistone Partners Europe has exchanged contracts on the realisation of its investment in Hydrasun Limited to Investcorp. Established in 1976, Hydrasun is a provider of integrated fluid transfer, power and control solutions to the global offshore oil and gas industry.
4 min read · 18 February 2013
NBGI Private Equity, an investor in Aberdeen-based ATR Group, has acquired the Aberdeen and Norway operations of Cosalt Offshore. This will bring together Cosalt’s expertise in offshore lifting, combined with its comprehensive offshore inspection, testing and safety service with ATR’s global equipment rental service offering to the offshore maintenance sector. NBGI Private Equity launched in 2000 with a particular focus on investments in established businesses in the UK and Ireland.
4 min read · 18 February 2013
Arle Capital Partners has hired Quentin Nason as a partner with responsibility for investor relations, strategy and business development. Nason brings twenty years of experience in alternative assets, fund management and capital markets across Europe, Asia and North America.
2 min read · 18 February 2013
