Mid‐market investment bank The Jordan, Edmiston Group has appointed Chris Calton, a senior healthcare M&A banker, to the firm as managing director. Calton will lead the firm’s efforts to expand its M&A advisory practice into the healthcare IT and related software industries.
2 min read · 14 November 2012
The International Private Equity and Venture Capital Valuation Guidelines Board has released its Investor Reporting Guidelines. The comprehensive and globally applicable set of disclosure principles are designed to provide guidance to GPs as they report information to their LPs with greater transparency, consistency and comparability.
3 min read · 14 November 2012
AUA Private Equity Partners has appointed Nancy Rocha as vice president focusing on business development, investor relations and investment management. Rocha was formerly senior director for economic capital and advocacy at New America Alliance.
3 min read · 14 November 2012
Amalgamated Capital, the New York-based leveraged finance division of Amalgamated Bank, has provided a $5 million senior secured revolving credit facility to Carol's Daughter. Manhattan-based Carol's Daughter develops and distributes hair and beauty products through wholesale, retail and ecommerce channels. The business is a portfolio company of Pegasus Capital Advisors.
3 min read · 14 November 2012
This morning First Read brings you the latest on Latin America, Carlyle's first African deal and investor reporting guidelines from the IPEV Board.
1 min read · 14 November 2012
Automatic Data Processing has sold its taxware division to Vista Equity Partners, a private-equity firm focused on investments in software and technology-enabled services. Terms of the sale were not disclosed. Mooreland Partners acted as exclusive financial advisor to ADP.
2 min read · 13 November 2012
New Context, a wholly owned subsidiary of Tokyo-based Digital Garage has changed its name to Neo. Neo helps startups, enterprises and governments bring products to market faster through agile software development and lean design. Digital Garage is a global incubation and investment company founded by Joichi Ito and Kaoru Hayashi.
2 min read · 13 November 2012
Harbour Group has acquired CPS Products. Terms of the transaction were not disclosed. CPS is a manufacturer of tools, equipment, and instruments worldwide by professional technicians who service commercial HVAC/R and automotive AC systems.
2 min read · 13 November 2012
Credit-focused investment management firm Aequitas Capital has reached a milestone of 100 employees. The company has expanded its staff by 30 percent in both 2011 and 2012. To accommodate staff and business growth, the company is taking another 5,000 square feet at its headquarters at 5300 Meadows Road on Kruse Way in Lake Oswego, where it now occupies the entire fourth floor.
3 min read · 13 November 2012
Tonka Bay Equity Partners has appointed principal Molly Simmons as chair of the board of the Small Business Investor Alliance. Simmons has served on the SBIA board for four years, and brings over twelve years of middle market private equity experience to this role.
2 min read · 13 November 2012
