Private Equity
Gladson, a portfolio company of The Jordan Co and Wicks Capital Partners, has acquired ItemMaster. Financial terms weren’t announced. ItemMaster, of Chicago, is a product content management company. Winston & Strawn LLP served as legal adviser to Gladson. Drake Star Partners provided financial advice while Cooley LLP was the attorney for ItemMaster.
3 min read · 09 January 2019
Henry Kravis, co-founder of KKR, has put his Colorado ranch up for sale and is asking $46 million, according to press reports. The ranch is known as Westlands, a 4,600-acre property more than 20 miles southeast of the town of Meeker, the Wall Street Journal said.
1 min read · 09 January 2019
Summit Park said Jan. 9 that it invested in Freedom Electronics via a recap. Financial terms weren’t. Freedom Electronics, of Kennesaw, Georgia, makes and sells over 2,300 electronic components used in fuel dispensers, retail point-of-sale systems, and automatic tank gauges.
2 min read · 09 January 2019
Wes Mendenhall has joined Fireman Capital Partners as a principal. Mendenhall was previously director, global banking and markets for the Bank of America Merrill Lynch cross asset solutions team.
2 min read · 09 January 2019
Kolmac Outpatient Recovery Centers, a portfolio company of WindRose Health Investors, said Jan. 9 that Wayne Sensor was named CEO. Mark Santangelo, Kolmac’s former CEO, has retired. Sensor is the former president of Direct Patient Logistics.
3 min read · 09 January 2019
Smile Brands Inc, a portfolio company of Gryphon Investors, has invested in DecisionOne Dental Partners. Financial terms weren’t announced. DecisionOne, of Schaumburg, Illinois, is a dental group.
5 min read · 09 January 2019
Pritzker Group Venture Capital said Jan. 9 that it promoted Sonia Nagar to partner, Ty Findley to vice president and Eric Duboe to senior associate.
4 min read · 09 January 2019
SunBridge Partners said Jan. 9 that its sold its stake in Marketo KK to Adobe as part of Adobe’s $4.75 billion buy of Marketo. Marketo KK is the Japan joint venture between Market and Sunbridge.
3 min read · 09 January 2019
Robert Berstein has joined Piper Jaffray Cos as a managing director focused on internet and digital media within technology IB. Berstein joins Piper from DCS Advisory (formerly Signal Hill).
2 min read · 09 January 2019
Tiger Global Management LLC has invested $18 million Olo, a digital ordering and delivery platform for the restaurant industry.
3 min read · 09 January 2019