I've been a business reporter for a while. I've covered Wall Street, venture capital and now private equity. I'm always looking for a scoop or something to talk about. I'm the eternal optimist and am still waiting for the Chicago Cubs to win the World Series. Yes, I believe.
Bregal Sagemount has invested in Advanced Solutions International (ASI). Financial terms weren’t announced. ASI provides cloud-based software to associations and nonprofits and the developer of iMIS 20 – the industry’s first engagement management system (EMS).
2 min read · 13 July 2016
Northcreek Mezzanine and Tenth Street Capital have recapitalized Business and Legal Resources (“BLR”). Financial terms weren’t announced. Company management also took part. Brentwood, Tennessee-based BLR provides compliance and training solutions in the B2B arena. Matrix Capital Markets Group Inc provided financial advice to BLR.
2 min read · 13 July 2016
AMC Entertainment Holdings Inc has agreed to buy Odeon & UCI Cinemas Group in a deal valued at 921 million pounds ($1.2 billion). Terra Firma is the seller. The 921 million pounds includes 500 million pounds for the equity and the assumption of 407 million pounds of net debt. London-based Odeon is theater operator in Europe selling 90 million tickets annually.
10 min read · 12 July 2016
Alison Miller has joined Wynnchurch Capital as a Director. Miller was previously a Director of Business Development at Garden City Group and Donlin Recano & Company.
3 min read · 12 July 2016
Larry DeAngelo and Paul Simpson have joined Houlihan Lokey Inc as Managing Directors to lead the firm's global Business Services Group. DeAngelo joins from SunTrust Robinson Humphrey (STRH), where he was a Managing Director in the Mergers & Acquisitions Group. Simpson previously spent nearly two decades at Rothschild, where he held a number of roles, most recently serving as Managing Director and Global Head of Business Services.
4 min read · 12 July 2016
Monroe Capital LLC said July 12 that Marc Adelson has joined the firm as Managing Director, Originations. Previously Adelson was the Chief Credit Officer of Medallion Financial and President of its asset based lending business.
2 min read · 12 July 2016
AE Industrial Partners LLC said July 12 that it acquired Moeller Mfg. Company LLC ("Moeller Aerospace"). Financial terms weren’t announced. Wixom, Michigan-based Moeller specializes in the precision machining of complex hot- and cold-section turbine hardware across all major aerospace engine programs. Kirkland & Ellis LLP served as legal advisor and PricewaterhouseCoopers LLP as financial advisor to AE Industrial Partners. Honigman Miller Schwartz and Cohn LLP served as legal advisor and P&M Corporate Finance LLC served as financial advisor to Moeller Aerospace.
3 min read · 12 July 2016
An investor group that includes Silver Lake, KKR and Michel Dell’s investment firm have agreed to buy UFC. Financial terms weren’t announced by press reports pegged the deal at $4 billion. UFC is a premier mixed martial arts organization that produces more than 40 live events annually.
7 min read · 11 July 2016
2 min read · 11 July 2016
Healthcare Services & Solutions LLC, a subsidiary of Merck & Co, has acquired a majority stake in StayWell Company LLC. Vestar Capital Partners, the seller, will retain a significant minority. Financial terms weren’t announced. Yardley, Pennsylvania-based StayWell is a health engagement company. Kirkland & Ellis LLP and Wells Fargo Securities advised Vestar. Covington & Burling LLP, Piper Jaffray & Co, and Accenture advised HSS.
5 min read · 11 July 2016
