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.
ECS Tuning LLC, which is backed by Bertram Capital, has acquired Turner Motorsport LLC. Financial terms weren’t announced. Amesbury, Massachusetts-based Turner Motorsport develops, makes and retails high performance BMW parts and accessories.
3 min read · 07 July 2015
Tech Air, a CI Capital Partners portfolio company, said Monday it has acquired L&M Welding Supply Inc. Financial terms weren’t announced. Mobile, Alabama-baed L&M distributes welding supplies and industrial equipment to the military, shipbuilding, and power industries on the Gulf Coast.
3 min read · 07 July 2015
RoundTable Healthcare Partners said Monday that it has acquired TIDI Products. Financial terms weren’t announced. Neenah, Wisconsin-based TIDI designs, develops and makes medical devices and supplies for preventing infections and supporting caregivers.
3 min read · 07 July 2015
Creative Artists Agency, a portfolio company of TPG Capital, said Monday that James Burtson is joining as CFO effective July 13. Burtson most recently served as Senior Vice President of Time Warner Inc.
5 min read · 07 July 2015
Tailwind Capital has invested in LRW (Lieberman Research Worldwide). Financial terms weren’t announced. Los Angeles-based LRW is a market research and data analytics company.
3 min read · 07 July 2015
Levine Leichtman Capital Partners said Monday that it has promoted David Burcham to Managing Director.
2 min read · 07 July 2015
Endurance Energy Ltd., a portfolio company of Warburg Pincus, has agreed to buy StonePoint Energy Inc. C$0.078125 per share. Calgary, Canada-based StonePont is a junior oil and gas company.
6 min read · 07 July 2015
Excelsior Capital Partners LLC said Monday that it has acquired substantially all of the assets of 7550570 Canada Inc., Artissimo U.S. LLC, and Lot 26 Studio Inc. which were collectively doing business as Artissimo Designs. Financial terms weren’t announced. El Segundo, California-based Artissimo designs and makes ready-to-hang wall art.
2 min read · 07 July 2015
Gauge Capital said Monday it has invested in Veridicus Health. Financial terms weren’t announced. Leavitt Equity Partners also invested. Salt Lake City-based Veridicus provides pharmacy benefit management (PBM), medication therapy management, clinical care management, and Medicare PDP services to self‐ funded employers and plan sponsors.
3 min read · 07 July 2015
Emdeon Inc, a Blackstone and Hellman & Friedman portfolio company, said Monday it has agreed to buy Altegra Health for about $910 million in cash. Parthenon Capital Partners is the seller. Miami Lakes, Florida-based Altegra provides payment solutions for health plans and healthcare providers. Greenhill & Co. LLC is advising Emdeon while Goldman, Sachs & Co. and Triple Tree LLC provided financial advice to Altegra.
4 min read · 06 July 2015
