Executives at Milestone Partners expect to complete raising their fourth fund by the end of the year after collecting their goal of $350 million from investors, two sources close to the process told Buyouts.
2 min read · 18 October 2012
Once upon a time, there was a hypothetical private equity firm that purchased a widget manufacturer for $90.0 million.
3 min read · 18 October 2012
Logibec Groupe Informatique has acquired Artefact, a business unit of LGS Group Consulting Corporation, an IBM company. Artefact is a provider of clinical software solutions for healthcare organizations and is based in Quebec City, Canada. Financial terms were not disclosed.
2 min read · 18 October 2012
Onex Corp. said Wednesday that it completed its $813 million buy of SGS International. Onex Partners III invested $260 million in the deal, while Onex' share, as an LP, was $66 million. Louisville, Kentucky-based SGS provides packaging graphic services to branded consumer products companies, retailers and the printers that service them.
3 min read · 17 October 2012
Canadian mega-deals are back! Q9 Networks, the Montreal-based provider of outsourced data centre Canadian mega-deals are back! Q9 Networks Inc., the Montreal-based provider of outsourced data centre infrastructure, announced the final close of its acquisition by BCE, Teachers', Providence Equity Partners, and Madison Dearborn Partners for $1.1 billion. This is also a major sponsor-to-sponsor deal, as Q9 Networks was previously acquired by Boston-based ABRY Partners in August 2008 for approximately $361 million.
4 min read · 17 October 2012
San Francisco-based AppDirect, a cloud service marketplace company, has acquired open source billing technology company jBilling. Terms were not released. jBilling was formed in 2002. AppDirect raised $8.5 million this summer from investors including iNovia Capital and Stingray Digital.
3 min read · 16 October 2012
1 min read · 15 October 2012
4 min read · 15 October 2012
2 min read · 15 October 2012
2 min read · 15 October 2012