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.
Mizuho Bank Americas has named Rich Gallivan as Managing Director and Head of Technology Media & Telecom (TMT) Investment Banking for its North American banking business. Gallivan was previously with Barclays where he most recently served as Managing Director and Head of Global Software and Enterprise Solutions.
3 min read · 20 April 2016
American Securities LLC said April 19 it has invested in North American Partners in Anesthesia (NAPA) through a recap. Leonard Green & Partners is also investing as well as NAPA’s management team. Financial terms weren’t announced but Reuters News reported in February that American Securities was buying NAPA for nearly $1 billion. Moelis Capital Partners is the seller.
4 min read · 20 April 2016
Investcorp said April 19 that it has agreed to sell CSIdentity to Experian for $360 million. Austin-based CSID provides enterprise level identity theft protection technology solutions to businesses and government agencies. Jefferies LLC advised CSID while Winstead PC served as its legal advisor.
2 min read · 20 April 2016
CNO Financial Group said April 18 that it has acquired a minority stake in Tennenbaum Capital Partners LLC. Financial terms weren’t announced. CNO also agreed to make general account investments over a period of time of approximately $250 million across TCP’s managed funds and strategies. Los Angeles-based Tennenbaum is an alternative investment management firm focused on direct lending and special situations for middle-market companies.
3 min read · 20 April 2016
Genstar Capital said April 19 that it has completed the previously announced sale of Netsmart Technologies Inc to a joint venture backed by GI Partners and Allscripts Healthcare Solutions Inc. Netsmart provides electronic medical records for the behavioral-health sector.
2 min read · 19 April 2016
2 min read · 15 April 2016
Ardian and Generis Capital are jointly investing 4 million euros ($4.5 million) in TabMo. Paris-based TabMo provides mobile programmatic advertising.
4 min read · 14 April 2016
Chris Ragazzo has joined Stanwich Advisors as a Managing Director while Jacob Laub has joined as a VP. Ragazzo was previously a Partner at Abbott Capital. Laub was a VP at Atlantic-Pacific Capital.
2 min read · 14 April 2016
NanoMech said April 13 it raised $10 million in financing from Saudi Aramco Energy Ventures (SAEV), the corporate venturing subsidiary of Saudi Arabia’s national oil company. Springdale, Arizona-based based NanoMech uses nanotechnology to develop advanced products for industrial and mechanical applications, such as lubricants, coatings and specialty chemicals.
3 min read · 14 April 2016
The Managing Directors of True Partners Consulting LLC have bought the company from Waud Capital Partners in a management buyout. Financial terms weren’t announced. True Partners is a tax and business advisory firm.
2 min read · 14 April 2016
