Azalea Capital has acquired the assets and operations of Savannah, GA-based Airco Industrial Contractors. As part of this transaction Azalea has formed a new holding Company, Power Services Group.
3 min read · 13 December 2012
AccelOps has appointed former Cisco Systems executive and Tidal Software chief executive officer Flint Brenton as president and CEO, effective immediately. AccelOps is backed by U.S. Venture Partners.
3 min read · 13 December 2012
The Carlyle Group has closed a $620 million collateralized loan obligation (CLO) fund, the firm's fourth new-issue CLO in less than a year. Carlyle Global Market Strategies CLO 2012-4 will invest in corporate leveraged loans and high yield bonds. Wells Fargo arranged the transaction.
2 min read · 13 December 2012
CA Technologies has appointed Michael Gregoire as CEO, effective Jan. 7, to succeed the retiring chief William McCracken. Gregoire was formerly the president and CEO of Taleo Corp, a cloud-based enterprise software firm that was acquired by Oracle Corp earlier this year.
1 min read · 13 December 2012
This morning take time out to find out more about Apple's venture into TV, mortgage interest rates enjoying a 22 year low and which ugly stepchild of venture is having a glamour moment.
1 min read · 13 December 2012
Friend2Friend, a social media marketing technology company has launched a significant upgrade to its Friend2Friend Social Engagement Platform. Friend2Friend has been delivering social engagement solutions for more than 150 global brands since 2007.
5 min read · 12 December 2012
LGT Capital Partners Holding has acquired Clerestory Capital Advisors, a New York-based investment and advisory firm. Established in 2007 by Joanne Douvas and Tommy Brown, CCA is focused on small, opportunistic real estate funds on a global basis.
2 min read · 12 December 2012
The Gores Group has signed a definitive agreement to acquire Harris Broadcast Communications from Harris Corporation for $225 million. Headquartered in Denver, CO, Harris Broadcast Communications is a supplier of hardware and software that creates, manages, transmits, distributes and monetizes video content.
2 min read · 12 December 2012
Liberty Distribution has been sold to Vistar, a subsidiary of Performance Food Group Company and a portfolio company of The Blackstone Group. Liberty is based in Chandler, Arizona with additional locations in Mechanicsburg, Pennsylvania and Memphis, Tennessee.
3 min read · 12 December 2012
Saturn Electronics & Engineering has been sold to Flextronics International. Based in Rochester Hills, MI and with additional locations in Coopersville, MI, Mexico, the Philippines and China, Saturn is a global supplier of advanced solenoids, interconnect wire harness solutions and electronic components and subsystems. Lincoln International acted as financial advisor to Saturn.
2 min read · 12 December 2012
