Avrio Capital has backed Hortau, a Quebec City-based company that designs and manufactures irrigation management technologies. The $3 million equity financing will allow Hortau to consolidate its position in North America.
2 min read · 09 January 2013
Today with First Read find out about the latest on venture fundraising, the top Russian M&A deals, KKR's mega Vietnamese deal and what seven states are the least prepared for disaster.
1 min read · 09 January 2013
Weld North has acquired a majority stake equal of approximately 70 percent in Organic Avenue, an organic juice and food business. The investment follows a minority stake taken in the company in June 2012.
2 min read · 08 January 2013
NXT Capital has provided a $21.5 million senior secured credit facility to fund Lineage Capital’s recapitalization of Halco Lighting Technologies. Founded in 1974 and headquartered in Atlanta, Halco Lighting Technologies is a leading manufacturer and supplier of a full line of lamps and ballasts for the commercial, industrial, residential and specialty lighting markets.
2 min read · 08 January 2013
Heartland Payment Systems, a payments processor, has expanded its Heartland Payroll Services business by acquiring Ovation Payroll, a U.S. payroll outsourcing company that offers payroll tax preparation and administration, Internet payroll reporting, direct deposit, and other services. Heartland will retain Ovation's nearly 150 employees as well as its executive leadership.
3 min read · 08 January 2013
Teakwood Capital has sold The Whitley Printing Group. The business is a commercial printer and formerly a division of TWG Solutions LLC.
2 min read · 08 January 2013
Monomoy Capital Partners has hired Kareem Aktar as a vice president. The firm has also promoted John Stewart to managing director and promoted three critical team members effective January 1, 2013. Jaime McKenzie and Lee Mlotek have been promoted to vice president, and Eric Ceresnie has been promoted to senior associate.
2 min read · 08 January 2013
Warburg Pincus has appointed Janet Vergis as an Executive-in-Residence. Vergis will support the firm in the identification and evaluation of investment opportunities in the biopharmaceutical sector, particularly in the United States.
3 min read · 08 January 2013
Veritas Capital portfolio company CRGT has acquired Guident Technologies. CRGT is a provider of full life-cycle IT services and emerging technology solutions for the Federal Government.
3 min read · 08 January 2013
Sun Capital Partners' portfolio company Trulite Glass & Aluminum Solutions has completed the acquisition of Western States Glass Corporation of Northern California, a glass fabricator and distributor. Terms of the deal were not disclosed.
2 min read · 08 January 2013
