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.
H.I.G. Capital said Tuesday that it invested, through an Italian securitization, in a portfolio of non-performing loans in Italy. The loans were backed by a mixture of residential and commercial real estate mainly in the regions of Emilia-Romagna, Lombardy and Tuscany. Financial terms weren’t disclosed.
2 min read · 24 November 2015
Partners Group has acquired a minority stake in Aiyingshi. Financial terms weren’t announced. China New Enterprise Investment (CNEI) and two other existing shareholders were the sellers. Shanghai-based Aiyingshi is a Maternity, Baby & Child retailer selling products including baby formula, diapers, toiletries, toys, strollers, and baby clothes.
3 min read · 24 November 2015
Mad Mobile Inc. said Monday it acquired KidoZen Inc. Financial terms weren’t announced. Tampa, Florida-based KidoZen, which raised $6 million in VC funding, provides an enterprise mobile app platform for end-to-end mobile application management.
2 min read · 23 November 2015
Sheridan Legacy Group said Monday it invested in Smile Doctors. Financial terms weren’t announced. The Thurston Group also invested. Austin-based Smile Doctors provides management services to orthodontic practices focused on both adults and children in Texas and Georgia. Twin Brook Capital Partners provided financing.
2 min read · 23 November 2015
Calverton Holdings has acquired Kerkhoff Associates Inc. Financial terms weren’t announced. Otterbein, Indiana-based Kerkhoff makes purpose-built structural components and related wood and steel products for residential, commercial, and agricultural construction applications.
2 min read · 23 November 2015
H.I.G. Capital LLC has acquired a portfolio of 16 predominantly grocery store-anchored retail assets in Norway. Financial terms weren’t announced.
2 min read · 23 November 2015
QualaWash Holdings LLC, a portfolio company of Roark Capital, acquired Gator Environmental & Rentals Inc. Financial terms weren’t announced. Port Allen, Louisiana-based Gator provides waste water collection, transportation and disposal services along with industrial and container cleaning and equipment rental throughout the state.
3 min read · 23 November 2015
HealthCrowd said Monday that it raised $2.1 million in additional seed funding. Participating investors included Startup Capital Ventures, Herlitz Capital, Healthy Ventures, Band of Angels, Berkeley Angel Network, and 37 Angels. San Mateo, California-based HealthCrowd provides a unified enterprise communications platform for payers.
2 min read · 23 November 2015
Petco Animal Supplies Inc. said Monday that CVC Capital Partners and Canada Pension Plan Investment Board have agreed to buy the pet retailer for about $4.6 billion. TPG and Leonard Green & Partners are the sellers. San Diego-based Petco is a specialty retailer of premium pet food, supplies and services. Goldman, Sachs & Co. and J.P. Morgan Securities LLC are acting as financial advisors to Petco. Barclays, Citigroup and Moelis acted as lead financial advisors to CVC and CPPIB. Barclays, Citigroup, Barclays, Royal Bank of Canada, Credit Suisse, Nomura and Macquarie provided committed debt financing to CVC and CPPIB.
6 min read · 23 November 2015
1 min read · 23 November 2015
