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.
Shamrock Capital Advisors is acquiring a majority stake in Consilio. Symphony Technology Group is the seller. Consilio’s management team, which is staying in place, is also investing. Washington D.C.-based Consilio provides eDiscovery and Document Review Service for law firms and corporations.
3 min read · 04 August 2015
J.W. Childs Associates LP said Tuesday it has acquired a majority interest in Shoe Sensation. Palisade Capital Management L.L.C. was the seller. Financial terms weren’t announced. Jeffersonville, Indiana-based Shoe Sensation is a family footwear retailer in the Midwestern United States.
4 min read · 04 August 2015
TA Associates said Tuesday it has completed a growth equity investment in CCRM. Financial terms weren’t announced. Lone Tree, Colorado-based CCRM operates a network of fertility clinics with locations in Colorado, California, Minnesota, Texas and Toronto, Canada.
3 min read · 04 August 2015
ProTransport-1 LLC, a portfolio company of New Heritage Capital, has acquired PRN Ambulance. Financial terms weren’t announced. North Hills, California-based PRN Ambulance is an interfacility medical transport provider.
3 min read · 04 August 2015
Team Oil Tools LP, a portfolio company of Intervale Capital, said Monday it has acquired Odessa Packer Services Inc. Odessa, Texas-based OPS provides packers, equipment rental and related services. Wells Fargo's Energy Group provided acquisition financing.
3 min read · 04 August 2015
Kinderhook Industries LLC has acquired a stake in Bestop Inc. from Magna International. Financial terms weren’t announced. Kinderhook and Magna have equal stakes in Bestop but Kinderhook has control of the company’s day-to-day operations, according to Tom Tuttle, a Kinderhook MD. Bestop management also has a stake, he said. A Kinderhook/Magna joint venture will be looking to develop new products and make acquisitions in the Jeep Wrangler aftermarket, Tuttle said. Louisville, Colorado-based Bestop makes soft tops and fabric accessories for Jeep vehicles. GE Antares Capital, Babson Capital Management and NewStar Financial provided financing.
5 min read · 04 August 2015
Advance/Newhouse has acquired 1010data Inc. for $500 million. New York-based 1010data provides a cloud-based platform for big data discovery and data sharing. Norwest Venture Partners made a $35 million private equity investment in 1010data in 2010. BMO Capital Markets advised 1010data while Foros advised Advance. Advance/Newhouse is an affiliate of Advance Publications.
4 min read · 03 August 2015
Vestar Capital Partners said Monday it made a majority equity investment in Veritas Collaborative LLC. Financial terms weren’t announced. Durham, North Carolina-based Veritas is a premiere specialty hospital system for the treatment of eating disorders. Avondale Partners LLC advised Veritas.
3 min read · 03 August 2015
PWP Growth Equity has invested in Western Window Systems. Financial terms weren’t announced. Phoenix-based Western Window is a door and window maker. PWP is the growth equity fund of Perella Weinberg Partners.
2 min read · 03 August 2015
L.A.R.K. Industries Inc. completed a dividend recapitalization that resulted in a distribution for investors. Financial terms weren't announced. L.A.R.K. funded the distribution through cash proceeds generated via a term loan refinancing. Anaheim, California-based L.A.R.K, which does business as Residential Design Services and Commercial Design Services, produces outsourced design centers and interior surfaces installation services. Trive Capital acquired L.A.R.K. in September 2014.
2 min read · 03 August 2015
