Private Equity
Mill City Capital is acquiring JMH International, a developer of various sauce, stock and soup products and mixes. The company is based in Utah. Babson Capital Management provided subordinated debt and an equity co-investment to support the transaction. Specifics on the deal were not publicized.
2 min read · 17 December 2012
Charlesbank Capital Partners is acquiring United Road Services from the Gores Group, the firms announced today. United Road is based in Michigan and provides vehicle transport and logistics services. The Gores Group acquired United Road Services in 2007.
4 min read · 17 December 2012
Glossybox, the Berlin-based beauty box delivery company, has raised about $72 million in a new round of funding and has shipped its two millionth box, the company announced. Investors include Rocket Internet, Holtzbrinck Ventures, and Investment AB Kinnevik.
2 min read · 17 December 2012
Ethical Electric, the D.C.-based company that sells renewable electricity, has closed a Series AA round of $2.4 million. Brian Arbogast, a member of Seattle-based Northwest Energy Angels will join Ethical Electric's board of directors as part of the transaction.
3 min read · 17 December 2012
We lead it off Monday with iPad cannibalization, the proprietary Twinkie and the war on craft beer. And the Traveling Wilburys.
1 min read · 17 December 2012
peHUB readers were into big fundraising, LP allocations, job posts and dividend recap news. See what else rounds out our top 10.
1 min read · 17 December 2012
Magnablend, the Texas-based provider of custom chemical manufacturing and packaging solutions company, completed its deal to be acquired by Univar. Specifics of the transaction were not publicized. In May 2011, investors including TGF Management Corp., Austin Ventures and Cotton Creek Capital acquired Magnablend.
3 min read · 14 December 2012
Madison Dearborn Partners has completed its purchase of Sage Products, a healthcare products maker. Specifics on the transaction—other than Sage’s anticipated 2012 revenue of $290 million—were not publicized. Barclays Plc led the financing on the deal and BofA Merrill Lynch provided financial advice to the buyer.
2 min read · 14 December 2012
Piotr Biezychudek has joined KRG Capital as a vice president, according to the firm's site. According to his LinkedIn profile, Biezychudek was most recently with The Edgewater Funds, where, KRG's site states, he worked in spaces including "aerospace, energy, government, software and technology."
1 min read · 14 December 2012
To wind up the weekend, we've got new Angels, patent pain and Comfortably Numb. Check out this morning's news!
1 min read · 14 December 2012