Weldex, a UK-based crane hire company has appointed Bill Caplan as chairman. UK mid market private equity firm Dunedin backed the MBO of Weldex in June 2010.
2 min read · 08 July 2014
This Tuesday morning First Read brings you the best way to invest in private equity, how to solve the industry's recruiting dilemma, why European firms are lagging on gender diversity and what The Vatican is doing with its investment activity.
1 min read · 08 July 2014
This week, there are analyst, associate, executive director, senior alternative investment professionals and senior director positions up for grabs at Alpine Investors, City of Austin Employees’ Retirement System, Guardian Capital Partners, The New Jersey Department of the Treasury, NYC Office of the Comptroller and StepStone.
2 min read · 07 July 2014
The management team at Oxford, UK-based company bChannels has completed an equity-backed buyout of the business. Led by CEO Matt Rowland-Jones, the team has acquired a majority stake in the company following a secondary buyout from RCapital. The deal was backed by WestBridge Capital.
3 min read · 07 July 2014
Z Capital Partners has reached a final close of Z Capital Partners Special Situations Fund II raising $750 million. Fund II exceeded its initial target of $500 million.
2 min read · 07 July 2014
Bridgepoint is to sell SPTS Technologies Group, a global manufacturer of etch, deposition and thermal processing equipment for the microelectronic industry, to Orbotech. The business is being sold for approximately $370 million in cash.
4 min read · 07 July 2014
bmp media investors has acquired a 13.5 percent interest in Berlin-based muchasa in a round of financing. Muchasa stands for multi-channel sales. The company operates e-commerce shops and channels.
2 min read · 07 July 2014
Insignia Capital Group has acquired Truco Enterprises from Arbor Investments and Truco’s co-founders. Terms of the transaction were not disclosed. Founded in 1991 and based in Dallas, Truco is a developer and marketer of tortilla chips, salsa and queso.
2 min read · 07 July 2014
Onex Corporation and Canada Pension Plan Investment Board have completed the sale of Gates Corporation, Tomkins' principal remaining business. Blackstone has acquired the business for $5.4 billion.
2 min read · 07 July 2014
Kinderhook Industries has reached a first and final close of its fourth private equity investment fund, Kinderhook Capital Fund IV. Fund IV was launched twelve weeks ago with an initial target of $400 million and closed oversubscribed at its hard cap of $500 million.
2 min read · 07 July 2014