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.
The Carlyle Group has agreed to buy Blyth Inc. for $6 a share or $98 million. Robert B. Goergen, Blyth's Chairman of the Board, and Robert B. Goergen, Jr., Blyth's President and CEO, who beneficially own approximately 38 percent of Blyth's stock, are supporting the deal. Greenwich, Connecticut-based Blyth makes and sells candles and home fragrance products. Threadstone Advisors provided financial advice to Carlyle, while Houlihan Lokey advised Blyth.
7 min read · 31 August 2015
Peloton Technology has raised a $17 million investment round. Lockheed Martin, DENSO International America and Intel Capital participated in the round. Mountain View, California-based Peloton Technology is a vehicle automation company.
4 min read · 31 August 2015
Elaïs Capital has invested in Santé Basque Developpement. Financial terms weren’t announced. Santé Basque Developpement, of France, is an operator of mental health hospitals.
3 min read · 31 August 2015
Magnate Worldwide, a portfolio company of CIVC Partners and Magnate Capital Partners, has acquired a majority of TrumpCard Inc. Financial terms weren’t announced. Carlsbad, California-based TrumpCard, a logistics services provider, transports shipments across the healthcare, aerospace, entertainment, and electronics industries, among others.
3 min read · 31 August 2015
Madison Dearborn Partners has completed its buy of Patterson Medical, which is the former the medical business of Patterson Companies Inc. Patterson Medical will retain its name for a transition period before it rebrands. Madison Dearborn announced it would buy Patterson in July for about $715 million cash.
3 min read · 31 August 2015
Westfield Capital Management Co. LP, a Boston investment advisor, is up for sale, four sources said.
1 min read · 25 August 2015
Westfield Capital Management Co LP is up for sale, according to four sources.
1 min read · 24 August 2015
Vitruvian Partners LLP said Thursday that it acquired a majority stake in Voxbone SA. Financial terms weren’t announced. Brussels-based Voxbone is a cloud-based provider of international voice over internet protocol (‘VoIP’) services.
4 min read · 20 August 2015
Monroe Capital said Thursday it increased a loan to support Intelius Holdings Inc.’s buy of Classmates Inc. Seattle-based Classmates operates an online social network service in the United States that aims to bring high school alumni together. Intelius is a portfolio company of H.I.G. Capital.
2 min read · 20 August 2015
Bregal Partners, as well as Pacific Seafood Group, has invested in American Seafoods via a recapitalization. Other investors include Frank Dulcich, CEO of Pacific Seafood Group; Chris Lischewski, CEO of Bumble Bee Foods; and Amy Humphreys, former CEO of Icicle Seafoods. Financial terms weren’t announced but American Seafoods said the recap reduced its debt. Bregal holds a significant but noncontrolling stake in American Seafood while the company’s management also has an interest. Ares Capital Corp.provided financing. Seattle-based American Seafoods harvester of wild-caught fish for human consumption.
4 min read · 20 August 2015
