Graycliff Partners has completed a mezzanine investment in Tri Con Works. Graycliff’s investment provides subordinated debt financing in support of the purchase of a controlling stake in the company by Aperion Management.
2 min read · 02 April 2014
Century Park Capital Partners' portfolio company ICM Products has acquired Amber Chemical Company. Headquartered in Bridgwater, United Kingdom, Amber Chemical is a global solutions provider for high performance silicone emulsion and elastomer applications.
3 min read · 02 April 2014
Caledonia has sold its entire stake in Oval, a leading provider of insurance broking and financial services, to Gallagher, an international insurance brokerage and risk services firm quoted on the NYSE. Separately, Caledonia has also sold its stake in Amber Chemical Company, a global specialty silicones group, to ICM Corporation, a US based silicones business.
5 min read · 02 April 2014
Identiv has entered into a $20.0 million term loan and line-of-credit agreement through Opus Bank's technology banking division. The proceeds of the transaction will be used to retire existing debt and enhance liquidity, creating a stronger financial platform to accelerate growth.
2 min read · 02 April 2014
Bima, a provider of mobile-delivered insurance in emerging markets has raised $22 million. The capital was raised through follow-on funding from Bima’s three existing shareholders: emerging markets focused investors Kinnevik and LeapFrog Investments, and Millicom, an international telecommunications and media company.
5 min read · 02 April 2014
Applus Services has announced its intention to proceed with an initial public offering of its ordinary shares to institutional investors. The company intends to apply for admission of the Shares to the Barcelona, Bilbao, Madrid and Valencia stock exchanges (the Spanish Stock Exchanges) and on the automated quotation system or mercado continuo of the Spanish Stock Exchanges. Applus is a testing, inspection and certification company.
2 min read · 02 April 2014
Catch up on the latest midweek happenings including a new IR head for Vector Capital, Florida SBA hiring CalPERS PE officer and some research on the secrets of venture fundraising success.
1 min read · 02 April 2014
Enable Midstream Partners has commenced an initial public offering of 25,000,000 common units representing limited partner interests pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission. Enable Midstream owns, operates and develops strategically located natural gas and crude oil infrastructure assets. Enable Midstream is a Delaware limited partnership formed by affiliates of CenterPoint Energy, OGE Energy and ArcLight Capital Partners.
4 min read · 01 April 2014
Aequitas Capital has appointed R. Scott Wood as general counsel. Wood is responsible for driving the firm's legal strategy and managing the day-to-day operations of the legal team.
2 min read · 01 April 2014
GenNx360 Capital Partners has backed Novel Ingredient Services, a specialty nutraceutical ingredient services supplier to the health and wellness industry. Headquartered in West Caldwell, New Jersey, Novel was founded in 1995 and serves over 400 customers in multiple product segments including sports nutrition, herbs and botanicals, meal replacement, and specialty supplements.
2 min read · 01 April 2014
