Information security provider IntApp has secured funding from Boston-based Great Hill Partners. Cascadia Capital served as IntApp’s financial advisor in the transaction.
3 min read · 05 February 2013
Chicago-based leveraged finance division of TCF National Bank, TCF Capital Funding has provided $10.5 million in senior secured credit facilities in support of the recapitalization of Breen. Breen is a current portfolio company of Spell Capital Partners.
2 min read · 05 February 2013
IMG Arts and Entertainment has acquired Taste Festivals. Livingstone advised Taste Festivals’ parent company, Brand Events, and its investor Ingenious Media Active Capital, on the transaction. Terms of the deal were not disclosed.
2 min read · 05 February 2013
This morning in First Read find out about Samsung's funding boost; RRJ's mega venture capital target and CVC's second deal in South East Asia in less than a month.
1 min read · 05 February 2013
The Carlyle Group has completed its acquisition of DuPont Performance Coatings for $4.9 billion. The global supplier of coatings to the transportation and industrial sectors is being renamed Axalta Coating Systems. The investment was funded primarily with equity from Carlyle Partners V and Carlyle Europe Partners III.
3 min read · 04 February 2013
Hampton Roads based TowneBank has announced that The Clement Companies insurance agency will affiliate with Towne Insurance Agency, a wholly owned subsidiary of TowneBank. This continues Towne Insurance's expansion into North Carolina.
3 min read · 04 February 2013
S.B. Israel Telecom Ltd, an affiliate of Saban Capital Group, has closed its purchase of the controlling interest in Partner Communications Company from Scailex Corporation. Partner is a provider of communications services in Israel, including cellular, Internet and fixed telephony. The transaction includes the assumption of debt owed by Scailex to Advent Investments Pte, a subsidiary of Hutchison Whampoa Limited.
4 min read · 04 February 2013
ownCloud has formed a board of directors and named several industry executives to the board. Led by ownCloud CEO Markus Rex, the new board also includes General Catalyst managing director Larry Bohn, Red Hat general manager and vice president Craig Muzilla and Power Strategy president David Power. ownCloud was founded in 2011 to bring greater flexibility, access and security to unstructured data in enterprises.
3 min read · 04 February 2013
Bain Capital Partners has completed the acquisition of Apex Tool Group, a tools manufacturer. The purchase from Danaher Corporation and Eaton was valued at approximately $1.6 billion.
3 min read · 04 February 2013
Apax Partners has completed the previously announced acquisition of Cole Haan, a designer and retailer of premium footwear and related accessories, from NIKE. Jefferies & Company acted as financial advisor and provided financing to Apax. Kirkland & Ellis LLP provided legal advice and Ernst & Young provided accounting and tax advice.
4 min read · 04 February 2013
