Sun Capital Partners is to acquire Sleep Innovations, a designer, manufacturer and marketer of memory foam products, including pillows, mattress toppers and mattresses. Terms of the transaction were not disclosed.
2 min read · 18 October 2012
Apollo Global Management is hiring for a real estate associate based in New York.
3 min read · 18 October 2012
Torch Partners, a European investment banks focusing on the technology media and telecoms sector, has expanded with the opening of an office in Germany. The new office, based in Berlin, will enable Torch Partners to service the expanding pool of entrepreneurs, corporates and investors focused on high growth opportunities in Germany.
2 min read · 18 October 2012
Direct financing solution provider Victory Park Capital has named Jordan Allen, a 20-plus-year veteran of the hedge fund and private equity industries, as principal and chief operating officer, a new position effective January, 2013. Until December, Allen will remain co-head of North America, chief operating officer and chief financial officer of Man Investments USA.
2 min read · 18 October 2012
The Riverside Company has acquired Denver-based Premier Medical Corporation, a provider of rental respiratory equipment, liquid oxygen, durable medical equipment and related services to skilled nursing facilities and hospices in Colorado, New Mexico and Wyoming. The acquisition is an add-on to platform company Specialized Medical Services (SMS). This is the fourth add-on to SMS, including its merger with RCS Management in March 2012.
2 min read · 18 October 2012
Louisville, Colo-based Zayo Group is to purchase First Telecom Services, a provider of bandwidth infrastructure services, for $110 million. The Bank Street Group served as exclusive financial advisor to First Telecom Services.
2 min read · 18 October 2012
Scroll down this morning's First Read to find out where private equity is at in the next year, where Twitter's design director has gone and how to fix your email overload.
1 min read · 18 October 2012
Petsky Prunier has advised avVenta Worldwide, a provider of digital production services to brands and agencies across multiple industries, on its sale to Accenture. Founded in 2005, avVenta Worldwide provides interactive marketing production services, including digital production, marketing operations, and platform support, to more than 130 Fortune 500 companies in industries, such as pharmaceuticals, financial services, consumer packaged goods, retail, energy, technology, and travel.
2 min read · 17 October 2012
US Bank, a provider of wealth management and private banking services, has appointed Michael S. Millman as senior vice president and wealth management advisor for The Private Client Reserve of US Bank in San Francisco. Millman will develop and implement customized investment strategies and plans for high net worth individuals and families, drawing upon the full range of resources available through The Private Client Reserve.
3 min read · 17 October 2012
Mobile commerce platform Branding Brand has appointed Jeffrey R. Hennion as president. Hennion previously served as executive vice president, chief marketing officer and e-commerce at General Nutrition Centers with responsibility for managing the company's global marketing and e-commerce functions. Branding Brand has just closed a $7.5 milion Series A financing led by Insight Venture Partners.
2 min read · 17 October 2012