American Midstream Partners LP said Monday that Steve Bergstrom, Executive Chairman, President, and Chief Executive Officer retired effective Dec. 10. Bergstrom will continue to serve as a Director on the Board of Directors. Lynn Bourdon has been appointed Chairman, President and CEO of American Midstream. Bourdon, 53, most recently served as President and CEO of Enable Midstream Partners.
5 min read · 15 December 2015
Chequers Capital said Monday that it agreed to buy Spandex from Gilde Buy Out Partners. Financial terms weren’t announced. Spandex, of Switzerland, is a distributor of graphic media and equipment to the signage and visual communication industry. Greenhill acted as financial advisor to Spandex and its shareholders, while N+1 provided financial advice to Chequers Capital. Kirkland & Ellis provided legal advice to Gilde Buy Out Partners, Indigo Capital and Spandex management on the sale of Spandex Group.
3 min read · 15 December 2015
Arbor Investments said Monday that it closed its acquisitions of a majority stake in DPI Specialty Foods Inc. Ornua Co-Operative Ltd was the seller. Ontario, California-based DPI is food distributor that sells gourmet, ethnic, organic and better-for-you foods to national, regional and independent retailers, quick service restaurants and foodservice operators through eight distribution centers across the United States.
3 min read · 15 December 2015
Pamlico Capital said Monday that it has recapitalized World 50 Inc. Financial terms weren’t announced. Atlanta-based World 50 is an invite-only peer-to-peer network and knowledge exchange platform serving senior executives at leading corporations. The Jordan, Edmiston Group Inc advised World 50.
2 min read · 14 December 2015
2 min read · 14 December 2015
Swander Pace Capital said Monday that it has closed its buy of Captek Softgel International. Prairie Capital and Skyline Global Partners were the sellers. Captek makes and distributes softgels for vitamin, mineral and supplement brands.
3 min read · 14 December 2015
Advent International said Monday it has agreed to sell Aeropuertos Dominicanos Siglo XXI to Vinci Airports. Financial terms weren’t announced. Aerodom operates and manages six airports in the Dominican Republic. Vinci Airports is the airport operating subsidiary of Vinci SA.
4 min read · 14 December 2015
Cinven said Monday it has agreed to buy Kurt Geiger from Sycamore Partners. Financial terms weren’t announced. London-based Kurt Geiger is a footwear and accessories company. Nomura International plc provided financial advice.
3 min read · 14 December 2015
AltheaDx Inc. said Monday it raised $30 million in Series C financing led by WuXi Healthcare Ventures. Ally Bridge Group and ALMA Life Sciences also participated. San Diego AltheaDx is a personalized medicine company, which focuses on enabling physicians, managed care organizations, pharmaceutical companies and other healthcare entities to make personalized therapeutic decisions for patients.
4 min read · 14 December 2015
Pixvana said Monday that it raised a $6 million round led by Madrona Venture Group. Paul Allen’s Vulcan Capital and angel investors also participated. Seattle-based Pixvana is a a virtual reality technology startup.
3 min read · 14 December 2015