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.
GE has agreed to sell its tank car fleet assets and railcar repair facilities to Marmon Holdings Inc. In a separate deal, GE is selling its remaining railcar leasing business, General Electric Railcar Services LLC, to Wells Fargo & Co. Financial terms weren’t announced. GE Railcar Services leases railcars as well as locomotives to shippers and railroads across North America. Deutsche Bank Securities Inc. provided financial advice to GE.
7 min read · 01 October 2015
Epic Health Services Inc., a portfolio company of Webster Capital, has acquired Unifour Nursing. Financial terms weren’t announced. Newton, North Caroline-based Unifour is a pediatric and adult home care provider.
3 min read · 01 October 2015
MidCap FinCo Ltd, a unit of Apollo Global Management LLC, agreed to buy Mubadala GE Capital’s (MGEC) loan portfolio of primarily corporate and real estate loans in the US and Europewith total assets of $3.6 billion (as of June 30, 2015). MGEC is a joint venture between Mubadala Development Corporation and GE Capital.
2 min read · 01 October 2015
Crestview Partners said Wednesday that it has agreed to invest in Arxis Capital Group. Financial terms were not disclosed. New York-based Arxis is an electronic market maker. Sandler O'Neill and Partners advised Arxis.
2 min read · 01 October 2015
Thoma Bravo has completed its buy of MedeAnalytics Inc. Financial terms weren’t announced. Prior investors Bain Capital Ventures and Emergence Capital Partners will remain minority shareholders. MedeAnalytics provides cloud-based financial performance analytics for the healthcare industry.
3 min read · 01 October 2015
Opus Global, a portfolio company of GTCR, has acquired Alacra Inc. Financial terms weren’t announced. New York-based Alacra provides information and workflow solutions for financial institutions and professional service firms. Marlin & Associates advised Alacra.
4 min read · 01 October 2015
Victory Park Capital has provided a $50 million loan to Access Integrated Healthcare LLC. Access Integrated is a healthcare services organization providing comprehensive services to specialty sectors including workers' compensation and personal injury.
2 min read · 01 October 2015
Littlebanc Advisors LLC said Wednesday they have made a second investment in PF Management Services LLC (“The Premier Group”). Financial terms weren’t announced. Indianapolis-based Premier buys and operates funeral homes and related businesses.
2 min read · 01 October 2015
Send Word Now has acquired One Call Now. Financial terms weren’t announced. MSD Partners LP provided financing. Dayton, Ohio-based One Call provides outbound communications to communities, consumers and organizations of all types and sizes.
3 min read · 01 October 2015
The Abraaj Group said Wednesday that it has invested in Tiba Group. Financial terms weren’t announced. Cairo-based Tiba is an education services provider in Egypt.
3 min read · 30 September 2015
