NXT Capital’s venture finance group has provided financing to support Clinipace Worldwide’s acquisition of Paragon Biomedical. Digital contract research organization Clinipace is headquartered in Morrisville, North Carolina and is backed by Morgan Stanley Expansion Capital, Hatteras Venture Partners, Brooke Private Equity, Osage Venture Partners and Mario Family Partners.
3 min read · 10 October 2012
Bain Capital Partners is to acquire tools manufacturer Apex Tool Group from Danaher Corporation and Cooper Industries. The transaction is valued at approximately $1.6 billion. Additional terms of the deal were not disclosed.
3 min read · 10 October 2012
Dental services business Gentle Dental has been sold to Linden Capital Partners. Gentle Dental was a portfolio company of The Beekman Group. Harris Williams & Co. acted as the exclusive financial advisor to Gentle Dental.
3 min read · 10 October 2012
FleetPride, a retailer of heavy-duty truck and trailer parts owned by Investcorp, is to be acquired by TPG. The transaction is expected to close in the fourth quarter of 2012. Terms were not disclosed.
3 min read · 10 October 2012
The Riverside Company has sold Coeur Holding Company to Illinois Tool Works. In addition to its Lebanon, Tennessee headquarters, Coeur has manufacturing and assembly plants in North Carolina, Wisconsin, and Mexico.
2 min read · 10 October 2012
North American packaging company Prolamina Corporation has appointed Gregory Tucker as chief executive officer. Prolamina is a portfolio company of New York based private equity firm Wellspring Capital Management.
2 min read · 10 October 2012
Societe Generale Private Banking has appointed Jean-Pierre Flais as Chief Operating Officer for the private bank, with immediate effect. He becomes a member of the executive committee and reports to Jean-François Mazaud and Patrick Folléa, respectively head and deputy head of Societe Generale Private Banking.
3 min read · 10 October 2012
Biopharmaceutical company NanoBio(R) Corporation has promoted David Peralta to chief executive officer. Peralta, who previously served as the company's chief operating and financial officer, replaces James R. Baker, Jr. M.D., who recently joined Merck & Co as the senior vice president, head global vaccine franchise.
2 min read · 10 October 2012
Autonomic Materials, a manufacturer of polymer‐based, self‐healing systems for high‐ performance coatings, adhesives and sealants has raised $2.4M million in Series B financing to complete its total $3.9 million Series B round of funding. Phoenix Venture Partners led the investment.
3 min read · 10 October 2012
UK lower mid-market investor NBGI Private Equity has appointed David Turner as an investment manager in the UK Team. Turner joins from Experian where he was as a member of its corporate development team.
2 min read · 10 October 2012
