Private Equity
3 min read · 02 September 2010
VeriFone Systems Inc. acquired WAY Systems Inc., a Boston, Mass.-based developer of point-of-sale solutions and gateway services for mobile merchants. The deal was valued at $9 million, including a potential payout of $3 million if certain performance targets are met. WAY Systems was founded in 2002. It received $50 million in equity investments from Austin Ventures and Bessemer Venture Partners as well as debt financing from Lighthouse Capital Partners.
3 min read · 01 September 2010
McCarthy Capital Corp. led a growth equity investment in Advantor Systems LLC, which is an Orlando, Fla.-based designer and integrator of physical security systems. Terms were not disclosed. McCarthy Capital of Omaha, Neb., is a private equity firm that exclusively invests in middle market companies with operating profits of $3 million and $25 million. The shop’s typical investments range from $10 million to $30 million.
2 min read · 01 September 2010
1 min read · 01 September 2010
Rifle, Colo.-based AmerAlia Inc. acquired the shares it did not already own in Natural Soda Holdings Inc. AmerAlia exchanged 286.1 million company shares for the remaining 82 percent stake in the producer of baking soda. The seller was Sentient Group, a private equity investor as well as AmerAlia's largest shareholder.
3 min read · 01 September 2010
Platinum Equity and The Gores Group acquired Alliance Entertainment from Source Interlink Cos. Financial terms were not disclosed. Alliance Entertainment is a wholesale distributor of CD, DVD and videogame titles. It has a distribution center in Shepherdsville, Ky. The transaction was completed through Project Panther Holding Corp., a joint venture between Platinum Equity and Gores Group.
4 min read · 01 September 2010
1 min read · 01 September 2010
6 min read · 01 September 2010
2 min read · 01 September 2010
2 min read · 01 September 2010
