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.
Frontline Aerospace said Tuesday it has raised $2 million in funding. Frontline didn’t disclose the investor but said it was a Colorado family office. Bloomfield, Colorado-based Frontline is an advanced manufacturing company that aims to reduce emissions and fuel consumption of turbine engines.
2 min read · 20 October 2015
Wynnchurch Capital said Tuesday that invested in Gypsum Technologies Inc. The company’s management and employees also invested. Financial terms weren’t announced. Gypsum Tech, of Burlington, Ontario, provides machinery and systems for the wallboard industry.
3 min read · 20 October 2015
NorthEdge Capital has acquired a majority stake in Arthouse. Total Capital Partners was the seller. Financial terms weren’t announced. U.K.-based Arthouse supplies wall coverings and home decorations to DIY multiples and independent retailers.
4 min read · 20 October 2015
Vista Equity Partners, is conducting a dual process — a sale and an IPO — for TransFirst Holdings Corp., two sources said.
2 min read · 20 October 2015
Oprah Winfrey is buying 10 percent of Weight Watchers International Inc.’s shares outstanding. Winfrey, who is joining the Weight Watcher's program as a member, will share her experiences. She is also receiving options to buy an additional 5 percent of the company’s fully diluted shares and is joining the company's board.
3 min read · 20 October 2015
Scot Melland has joined Warburg Pincus as an Industry Advisor in the Technology, Media and Telecommunications Group. Melland most recently serving as Chairman and Chief Executive Officer of DHI Group Inc.
2 min read · 20 October 2015
Conrad Wang, M.D., has joined HealthCare Royalty Partners as a Principal on the investment team. Wang most recently served as Senior Director, Corporate Development at Medtronic plc.
2 min read · 19 October 2015
CIT Retail & Restaurant Finance, a unit of CIT Group Inc., provided a loan to Bertucci’s Corp. Financial terms weren’t announced. Bertucci’s, a portfolio company of Levine Leichtman Capital Partners, owns and operates Italian casual dining restaurants.
4 min read · 19 October 2015
Axxon Group said Monday that its latest fund closed at $400 million, above its $350 million target. Investors of Axxon Brazil Private Equity Fund III included endowments, foundations, public and private pension funds, financial institutions, advisors, family offices, and funds-of-funds. Stanwich Advisors LLC acted as placement agent and financial advisor. Axxon targets the small and mid-cap market in Brazil, making control and minority investments.
2 min read · 19 October 2015
High Ridge Brands, a portfolio company of Brynwood Partners, has acquired Continental Fragrances. Financial terms weren’t announced. Continental Fragrances markets hair care solutions and is known for its brand Salon Grafix Professional. Intrepid Investment Bankers advised Continental Fragrances in the sale.
2 min read · 19 October 2015
