Sentinel Capital Partners has sold Southern California Pizza Company, the largest Pizza Hut franchisee in southern California with 224 locations. Financial details of the transaction were not disclosed.
3 min read · 11 December 2012
Pipp Mobile Storage Systems, a provider of backroom management solutions in the U.S. retail industry, has been sold to Novacap Industries. Pipp was previously a portfolio company of a private equity fund managed by Prospect Partners. Harris Williams & Co acted as the exclusive financial advisor to Pipp.
3 min read · 11 December 2012
REES Capital, a mentor capital firm that provides consulting services and angel capital to start-up and high-growth companies, has appointed Dave Chidester as partner. Chidester was former senior vice president of finance at MediConnect Global.
3 min read · 11 December 2012
ABRY Partners has acquired Basefarm AS, a provider of managed hosting services with operations spanning Norway, Sweden and the Netherlands. International consulting firm BroadGroup conducted the commercial due diligence for ABRY Partners.
2 min read · 11 December 2012
Tonka Bay Equity Partners has made an investment in Engineered Specialty Products. Tonka Bay partnered with current management in this transaction. ESP is Tonka Bay’s third investment from its recently formed third fund, with $150 million in available capital.
2 min read · 11 December 2012
Monroe Capital has announced the funding of a unitranche credit facility and equity co-investment to support the recapitalization of PLAYTIME by private equity sponsor, Geneva Glen Capital. Based in Englewood, Colo, PLAYTIME is a provider of interactive healthy play areas and playground equipment for indoor, outdoor and water play.
2 min read · 11 December 2012
GE Healthcare, a division of GE Company has closed its investment in InSightec. At the closing, InSightec had also appointed Mr. James Davis as the new chief executive officer of InSightec.
3 min read · 11 December 2012
HitecVision has sold Spring Energy AS to Tullow Oil for $372.3 million. Spring Energy is an oil and gas company established in October 2007 by a group of exploration & production professionals with experience from the Norwegian Continental Shelf.
3 min read · 11 December 2012
As we gear up towards the new year, this morning find out about how good it's going to be for start-ups in 2013; the Latin American slow-down and why a Schulze buyout is looking less and less likely.
1 min read · 11 December 2012
Telescope, the US business of Harvest Media Group has been sold to a management buyout backed by H.I.G. Growth Partners, Moorgate Partners and the US management team. Harvest Media provides voting and other marketing services to UK shows such as The X-Factor, Strictly Come Dancing and Britain’s Got Talent.
3 min read · 11 December 2012