Starr Investment Holdings and Partners Group have completed the acquisition of MultiPlan from Silver Lake and BC Partners. Founded in 1980, MultiPlan delivers comprehensive transaction-based solutions to healthcare payers.
3 min read · 01 April 2014
DLJ Merchant Banking Partners, Credit Suisse's mid-market leveraged buyout business, has spun off into an independent advisory firm, aPriori Capital Partners, established by the existing DLJ MBP management team led by Colin Taylor and Susan Schnabel. aPriori Capital will manage the DLJ Merchant Banking Partners III, L.P. and DLJ Merchant Banking Partners IV, L.P. private equity funds (together with related vehicles, the MBP Funds), collectively representing approximately $2 billion of value across 22 portfolio companies as of December 31, 2013.
5 min read · 01 April 2014
Cooler manufacturer Igloo Products Corp has been acquired by an affiliate of ACON Investments. ACON purchased Igloo from J.H. Whitney, a Connecticut-based private equity firm, which will maintain a small stake in the company.
2 min read · 01 April 2014
Zoe’s Kitchen has commenced the underwritten initial public offering of 5,833,333 shares of its common stock pursuant to a registration statement on Form S-1 with the Securities and Exchange Commission. Brentwood Associates is a backer.
2 min read · 01 April 2014
Alterna Core Capital Assets Fund II has closed with $722 million of capital commitments, significantly oversubscribed on its target of $600 million. Atlantic-Pacific Capital served as the exclusive global placement agent for the fund.
3 min read · 01 April 2014
Ad-tech business FusePump has been sold to Wunderman, part of WPP. Terms of the transaction were not disclosed. Based in London, FusePump extracts product data from e-commerce websites and other data sources, making it available for integration into hundreds of marketing channels and advertising applications. Livingstone advised on the deal.
2 min read · 01 April 2014
Bridgepoint Development Capital has acquired a majority stake in Inspired Thinking Group. The investment will support the existing management team to deliver the next phase of ITG’s growth both within its home UK market and internationally into Europe and North America.
3 min read · 01 April 2014
Inverness Graham Investments has sold NOBLES Worldwide, Inc. Based in St Croix Falls, WI, Nobles is provides flex chutes that are used in a variety of air, naval and ground military applications. Levine Leichtman Capital partnered with management to acquire the business.
3 min read · 01 April 2014
Monument Group, an alternative investment fund placement agent,is expanding its presence in Asia with the opening of offices in Hong Kong and Tokyo. Bob Mast leads Monument Group’s efforts in Asia while also retaining some responsibilities at the firm’s headquarters in Boston.
2 min read · 01 April 2014
CapMan has sold Espira, a provider of pre-school services in Norway to the Swedish education company AcadeMedia. CapMan’s funds own approximately 92 percent of Espira’s shares.
2 min read · 01 April 2014
