Private Equity
Wicks Group of Cos. LLC named Carl Fazio chief financial and operating officer of its portfolio company Antenna Audio. Fazio is a seasoned financial and operating executive with over 25 years of experience in the information and media industries, Wicks said.
3 min read · 16 September 2010
Evercore Partners Inc.’s offering of about 2.64 million Class A common shares was priced at $27.50 a share. The investment banking advisory firm plans to sell about 2.56 million of the securities, which would provide approximately $67 million in proceeds to Evercore. Goldman, Sachs & Co. and Evercore Group L.L.C. are acting as the joint book-running managers.
2 min read · 16 September 2010
Jones Energy acquired certain oil and natural gas properties primarily in Ellis County, Okla. for of $33 million. The properties have a current daily production rate of 530 BOE and an incremental 6,700 MBOE attributable to identified drilling locations. Metalmark Capital made its initial investment in Jones Energy in December 2009.
2 min read · 16 September 2010
2 min read · 16 September 2010
1 min read · 16 September 2010
3 min read · 16 September 2010
Clearwater Paper Corp. agreed to acquire Cellu Tissue Holdings Inc., a maker of tissue products, in an all-cash transaction which values Cellu Tissue at about $502 million, including roughly $255 million of debt. The deal is expected to close in the fourth quarter. Weston Presidio V LP, which acquired the Cellu Tissue in 2006, agreed to vote in favor of the transaction.
5 min read · 16 September 2010
United Business Media Ltd. agreed to acquire Canon Communications LLC for $287 million. The transaction was arranged by Apprise Media LLC and Spectrum Equity Investors. Apprise and Spectrum bought Canon in 2005.
3 min read · 16 September 2010
1 min read · 16 September 2010
2 min read · 16 September 2010