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.
Greenbriar Equity Group LLC has invested in SEKO Logistics. Financial terms weren’t announced. SEKO provides supply chain logistics services, including transportation management, contract logistics, forwarding and warehousing services. Raymond James advised SEKO.
3 min read · 05 May 2015
TA Associates has completed its buy of a majority stake in NorthStar Financial Services Group LLC. The deal closed April 30. Financial terms weren’t announced. Omaha-based NorthStar provides support services to registered investment advisors (RIAs), independent broker dealers (IBDs) and investment management firms.
2 min read · 05 May 2015
Insight Venture Partners has invested $45 million in SMS Assist. Chicago-based SMS Assist is a mobile and cloud-based multisite property management company. The Pritzker Group invested in SMS in 2013.
3 min read · 05 May 2015
Orchid Underwriters Agency LLC said Tuesday it has acquired Coastal Agents Alliance. Financial terms weren’t announced. West Atlantic City, New Jersey-based Coastal Agents is a managing general agent that specializes in catastrophic coastal exposed E&S homeowners’ solutions and currently writes in the Northeast and Mid-Atlantic. Orchid is a portfolio company of Gryphon Investors.
3 min read · 05 May 2015
Key Capital Partners has sold WHP Group to Palatine Private Equity. The deal was valued at 38 million pounds (US$57.4 million). Palatine is investing 16 million pounds for a majority of WHP. U.K.-based WHP provides planning, design, acquisition, deployment, upgrade and maintenance of mobile network masts, antennae and base stations for mobile operators. RBS Corporate Transactions provided total debt facilities of 16 million pounds.
3 min read · 05 May 2015
Asset International Inc. has acquired Intelligent Financial Systems. Financial terms weren’t announced. London-based Intelligent Financial provides financial market data research and trade execution quality analysis to banks, brokers, asset managers and trading venues. Asset International is a portfolio company of Genstar Capital.
3 min read · 05 May 2015
Platinum Equity said Monday it agreed to sell Bridge Terminal Transport Services Inc. to XPO Logistics Inc. Financial terms weren’t announced. Charlotte, North Carolina-based Bridge Transport is a marine drayage company. Platinum acquired Bridge Transport in September 2013.
2 min read · 05 May 2015
Slate Capital Group said Monday it has acquired Broadcast Sports Inc. from L-3 Communications Corp. Financial terms weren’t announced. Hanover, Maryland-based Broadcast Sports provides wireless technology and communications systems services for use in the field of sports television broadcasting.
2 min read · 05 May 2015
CITIC Capital Holdings Ltd. said its acquisition of Mark Styler Co. Ltd. has closed. Financial terms weren't announced. Tokyo-based Mark Styler is a women's apparel retailer that designs and develops various brands including Mercuryduo, Emoda, Dazzlin, Murua and Ungrid.
2 min read · 05 May 2015
HandStands said Monday it bought the Lexol business, and its associated products and brands, from Summit Industries. Financial terms weren’t announced. Marietta, Georgia-based Lexol provides products to take care of leather. HandStands is a portfolio company of Trivest.
2 min read · 05 May 2015
