Catch up on the latest headlines after the long weekend including hiring plans at New Jersey and NYC Office of the Comptroller, Kayne Anderson closing a new senior credit fund and Silicon Valley retains its venture crown.
1 min read · 07 July 2014
Caraustar Industries, a portfolio company of H.I.G. Middle Market, is to acquire The Newark Group. Headquartered in Cranford, NJ, Newark is a manufacturer of recycled paperboard, linerboard, industrial tubes, cores and other converted product including book covers and packaging solutions.
2 min read · 03 July 2014
The Sterling Group has acquired Roberts-Gordon. Headquartered in Buffalo, New York, Roberts-Gordon manufactures specialty commercial and industrial HVAC equipment as well as industrial process and finishing equipment.
2 min read · 03 July 2014
Transilwrap Company, a converter and manufacturer of specialty film products, has acquired MetPro Group, a supplier of active and protective packaging systems. The Jordan Company acquired Transilwrap in November 2013. Financial terms of the private transaction were not disclosed.
3 min read · 03 July 2014
TPG has formed a strategic partnership HS Group. HS Group is an independent, institutional investment firm providing long-term capital and strategic guidance to emerging hedge funds in Asia.
4 min read · 03 July 2014
Ares Management is to acquire a majority stake in London-based residential developer and house builder London Square from Graphite Capital. Ares Management’s funds, investing alongside management, will back London Square’s development in Greater London, with the target of building 1,000 homes a year. The transaction is expected to close by the end of July 2014.
4 min read · 03 July 2014
Kinderhook Industries has acquired ThermaCell Mosquito Repellent division from The Schawbel Corporation. Financial terms were not disclosed.
3 min read · 03 July 2014
Kinsail Corporation has been acquired by Accela, a portfolio company of Bregal Sagemount. Kinsail is a provider of recreation and resource management solutions for Federal and State agencies.
2 min read · 03 July 2014
Arle Capital portfolio company Parques Reunidos has acquired Florida’s Miami Seaquarium. Parques Reunidos is a global leisure park operator.
4 min read · 03 July 2014
Take a break this morning and catch up on the latest private equity and venture capital news including Sun Capital Partners' latest fundraising, how to estimate PE returns from LP cash flows and a need to know about investment multiples.
1 min read · 03 July 2014
