Full-service nondestructive testing company Desert NDT has acquired T&K Inspection. This is the company’s second acquisition since private equity firm Sterling Partners made its investment in March 2012. Financial terms of the purchase were not disclosed.
3 min read · 07 February 2013
H.I.G. Capital portfolio company Trinity Services Group has appointed Khadeeja Morse as chief human resources officer. Trinity Services Group is a support services business for secure facilities.
3 min read · 07 February 2013
The Cambridge Associates Australia Private Equity and Venture Capital Index rose by 2.90 percent in the third quarter of 2012, according to the latest quarterly report released by The Australian Private Equity and Venture Capital Association Ltd. In the twelve months leading to 30 September 2012, a total of AU$2.2 billion ($2.3 billion) was distributed back to LPs while $2.3 billion was drawn down.
4 min read · 07 February 2013
H.I.G. Europe, the European arm of global private equity firm H.I.G. Capital, has completed an investment into St. Gilgen International School. H.I.G. is partnering with StGIS’s founder, Dipl. Ing. Alexander Serda, an Austrian Architect and entrepreneur, who will retain an ownership stake in the school. The transaction is subject to approval by the relevant regulatory authorities.
4 min read · 07 February 2013
This morning first Read brings you links to Blackstone turning its attention to investment banking; Fledge's fundraising, Google ads on Yahoo and a less gloomy outlook for Europe.
1 min read · 07 February 2013
4 min read · 06 February 2013
TSG Consumer Partners has announced the promotions of three individuals. Daniel Costello, previously a vice president, was named a senior vice president, and Karen Hart and Michael Layman both advanced from senior associates to vice presidents.
2 min read · 06 February 2013
The Gores Group has completed the acquisition of Harris Broadcast Communications. Headquartered in Denver, CO, the business is a broadcast communications equipment provider.
2 min read · 06 February 2013
InterMedia Partners is merging Cine Latino and InterMedia Espanol Holdings with Azteca Acquisition Corp. The deal is valued at approximately $400 million. The new company will be called Hemisphere Media Group Inc. InterMedia Partners and Azteca Acquisition Corporation are hosting a conference call today to discuss the transaction.
7 min read · 06 February 2013
Charlesbank Capital Partners and Webster Capital have acquired OneStopPlus Group. OSP was a subsidiary of Redcats, owned by Paris-based luxury and sport & lifestyle group PPR. The OSP management team will also co-invest in the transaction.
3 min read · 06 February 2013
