Private Equity
Aqua Pharmaceuticals named Skip Williams executive director of product development. Williams previously worked in an executive director position at Watson Pharmaceuticals, where he was responsible for brand and biologics business development. Aqua is a West Chester, Pa.-based drug company that develops prescription skin care treatments. It is part of Illinois-based Roundtable Healthcare Partners’ portfolio.
2 min read · 11 November 2010
Wafra Partners and its affiliates acquired All Island Media Inc. Financial terms were not disclosed, but .Wafra can invest up to $30 million in equity per deal. All Island Media publishes and distributes Pennysaver News, Town Crier and other titles to more than 750,000 homes and businesses in Nassau and Suffolk counties, N.Y.
2 min read · 10 November 2010
GI Partners completed the merger of two companies in its portfolio. The Menlo Park, Calif.-based company combined its SoftLayer Technologies subsidiary that provides on-demand data services with The Planet, which is an information technology hosting concern.
3 min read · 10 November 2010
Fahrenheit 212 signed an exclusive partnership with Catterton Partners, a Greenwich, Conn.-based private equity firm. Fahrenheit 212 will work with a number of Catterton's portfolio companies to help the investments’growth potential. Fahrenheit 212 is a consulting firm based in New York.
3 min read · 10 November 2010
Partners Group AG of Zug, Switzerland provided mezzanine financing to Harrington Group Inc. on behalf of clients. Harrington Group is a provider of specialty medical products.
2 min read · 10 November 2010
TA Associates Inc. of Boston, Mass., made a minority investment in MedSolutions, which is a provider of medical management services. MedCare and Ridgemont Equity Partners will each retain a part of their stake in the Nashville, Tenn. -based company. Further details of the investments were not disclosed.
4 min read · 10 November 2010
IK Investment Partners agreed to buy EPiServer Group AB from Amadeus Capital, Martin Bjäringer, Monterro Holdings, Northzone Ventures, Mikael Runhem and family and employees of the Swedish software company. Financial terms were not disclosed. IK Investment is a Pan-European private equity firm.
4 min read · 10 November 2010
BJ's Wholesale Club Inc. is close to hiring an adviser to help explore strategic alternatives and it plans to consider the possible sale to a private equity firm, the New York Post reported citing a source close to the retailer. The newspaper added Leonard Green & Partners, a private equity firm in Los Angeles, is seen as the most likely acquirer. The Post also said BJ's Wholesale could fetch as much as $3 billion.
1 min read · 10 November 2010
Houlihan Lokey hired Elsa Berry as a managing director and head of cross-border consumer coverage. The firm also hired Louis Fabregas as a senior vice president and David Muson as a vice president, focusing on advising consumer products companies in the U.S. and internationally. All three previously worked for BNP Paribas.
3 min read · 25 October 2010
Bain Capital Partners LLC’s Giraffe Acquisition Corp. commences its tender offer for Gymboree Corp. The bid is for $65.40 a share, or a total of $1.8 billion. The deal was previously unanimously approved by Gymboree’s board. Gymboree is a specialty retailer with 1,037 stores, as of Oct. 2.
8 min read · 25 October 2010
