Private Equity
Winston & Strawn LLP hired both C. James Levin and Warren Loui as partners in the firm’s Los Angeles office. Levin was a partner at O'Melveny & Myers LLP, where he served as former co-chair of M&A/Private Equity practices. Loui comes from Mayer Brown LLP, where he was a partner in its banking and finance department. Loui was also the Los Angeles Finance practice leader.
3 min read · 09 September 2010
3M signed a definitive agreement to acquire Arizant Inc. for $810 million in cash. Arizant is a Eden Prairie, Minn.-based maker of patient warming solutions designed to prevent hypothermia in surgical settings. It is a majority-owned business of Court Square Capital.
5 min read · 09 September 2010
European Capital Ltd. received proceeds of about £40 million for exiting its investment in Inspicio PLC, which is engaged in the testing, inspection and performance conformity markets. In February 2008, European Capital invested £35 million pounds in the 3i Group's take private of Inspicio. European Capital is an investment company that is managed by an affiliate of American Capital Ltd.
3 min read · 09 September 2010
San Francisco Equity Partners, a private equity firm focused on expansion-stage companies in the consumer industry, bought Zoom Eyeworks Inc., a Berkeley, Calif.-based designer and marketer of eyewear. Pacific Community Ventures and Simon Equity Partners partnered with San Francisco Equity Partners in the transaction.
3 min read · 09 September 2010
1 min read · 09 September 2010
1 min read · 09 September 2010
Cressey & Co. sold its CCRx Holdings Inc. portfolio company to Omnicare Inc. CCRx, is a Harrisburg, Pa.-based institutional pharmacy that provides medications to residents in nursing and assisted living facilities. Harris Williams & Co. served as an exclusive adviser to CCRx.
3 min read · 08 September 2010
The Gores Group LLC acquired substantially all of the assets and assumed certain liabilities from National Envelope Corp. through a Section 363 transaction under of the U.S. Bankruptcy Code. The acquired Frisco, Texas-based company makes 37 billion envelopes each year. The bankruptcy court approved the transaction on Aug. 23.
3 min read · 08 September 2010
Charterhouse Group Inc., Highlander Partners and MTS Health Investors signed a definitive agreement to sell Chamberlin Edmonds & Associates, Inc., one of their portfolio companies, to Emdeon Inc. (NYSE: EM) for $260 million in cash. Chamberlin Edmonds is an Atlanta, Ga.-based provider of government program eligibility and enrollment services to over 200 acute care facilities in 30 states.
5 min read · 08 September 2010
Avolon named Lucas Mollan as its chief technical officer. Mollan was managing director of Thomas Cook Group plc’s Thomas Cook Aircraft Engineering. Avolon is an aircraft leasing concern that has Cinven, CVC Capital Partners and Oak Hill Capital Partners as backers.
3 min read · 08 September 2010
