Private Equity
Chicago-based private equity firm Green Courte Partners has promoted Sirina Jimenez and Antonia Anagnostopoulos to the post of vice president, and promoted Jordan Kerger to senior associate. Jimenez joined the firm in 2006, and will focus on due diligence of Green Courte's new investments. Anagnostopoulos and Kerger both joined the firm in 2008.
2 min read · 21 December 2010
Google is in talks with smaller companies in the online discount coupon market, after Groupon turned away its $6 billion buyout offer, Reuters reported, citing a story in the New York Post. Names of potential acquisition targets were not disclosed. Groupon rivals include venture capital-backed LivingSocial and BuyWithMe, Reuters said.
1 min read · 21 December 2010
The Carlyle Group may help Taiwan stabilize its currency by exchanging the $1.3 billion in Taiwan dollars the buyout shop received from the sale of its Kbro cable TV unit, Reuters said. Recently, Taiwan’s central bank has been battling surges in the currency, and intervening at the end of each day to bring the currency down, Reuters said.
2 min read · 21 December 2010
San Francisco-based Encore Consumer Capital has promoted Ryan Caldbeck to the post of director. Caldbeck joined the firm in 2007, and focuses on deal origination, portfolio management and transaction execution.
1 min read · 21 December 2010
Cleveland-based private equity firm Linsalata Capital Partners has recapitalized Whitcraft, a manufacturer of aerospace components. Financial terms of the deal were not released. Harris Williams & Co. acted as advisor to Whitcraft. Whitcraft is based in Eastford, Conn.
3 min read · 20 December 2010
Nesco, a company backed by private equity firm Hammond Kennedy Whitney & Co., has acquired a portion of Terex Utilities’ rental fleet of bucket trucks and digger derricks. Nesco is based in Bluffton, Indiana. Hammond Kennedy Whitney & Co. is based in Indianapolis and has offices in New York. Terms of the deal were not released.
2 min read · 20 December 2010
Riverside Partners has acquired a majority stake in Dominion Diagnostics, a provider of laboratory services. Financial terms of the deal were not released. Founded in 1997, Dominion provides drug testing, medication monitoring and support services. Riverside Partners is a middle market private equity firm based in Boston.
2 min read · 20 December 2010
Middle-market buyout shop Graham Partners has completed its acquisition of Eberle Design, a provider of traffic control products. Financial terms of the deal were not released. Eberle was formed in 1980 and is based in Phoenix, Arizona. Graham Partners is based in suburban Philadelphia and has more than $1.5 billion under management.
2 min read · 20 December 2010
Australian firm Future Fund will buy a 17.2% stake in Gatwick Airport from Global Infrastructure Partners. Financial terms of the deal were not released. GIP said it will retain a 42% controlling stake. Other shareholders include the Abu Dhabi Investment Authority, National Pension Service of Korea and the California Public Employees’ Retirement System.
2 min read · 20 December 2010
Private equity firms Huntsman Gay Global Capital and Vista Equity Partners have recapitalized Sunquest Information Systems, a provider of laboratory information systems. Huntsman Gay led the recap. Vista Equity Partners has owned Sunquest since 2007, and says it will retaining a significant stake in the business. Financial terms of the deal were not released.
3 min read · 20 December 2010
