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.
Littlejohn & Co. said Monday that it completed the previously announced sale of CoActive Technologies’ business unit DeltaTech Controls to Sensata Technologies Holding N.V. Financial terms weren’t announced. Berlin-based DeltaTech makes and designs operator controls, including joystick, foot pedal, analog rocker and armrest products for customers such as off-road vehicle OEMs to medical equipment manufacturers. William Blair advised Littlejohn/CoActive.
2 min read · 04 August 2014
Guardian Capital Partners said Monday that its second fund closed at its hard cap of $153.5 million. Guardian Capital Partners Fund II LP was oversubscribed and three times larger than its debut fund, which closed at $50 million in January 2010. Wayne, Pa.-based Guardian Capital target lower middle market companies in sectors such as consumer products, niche manufacturing and specialty business services with EBITDA between $3 million and $9 million.
2 min read · 04 August 2014
IGM Resins, which is backed by Arsenal Capital Partners, has acquired Insight High Technology (IHT) Group. Financial terms weren’t announced. IHT makes photoinitiators, pharmaceutical intermediates and fine chemicals in China.
2 min read · 04 August 2014
Clayton, Dubilier & Rice said Monday that it has completed its previously-announced acquisition of Mauser Group. The deal is valued at $1.2 billion. Headquartered in Bruehl near Cologne, Germany, Mauser makes and supplies plastic and steel drums and intermediate bulk containers for the chemical, industrial and food and beverage industries.
2 min read · 04 August 2014
Martin LLP, a Stamford, Conn.-based law firm, said Monday that John Capetta has joined the firm to lead its Private Equity Practice Group. Capetta joins from Kelley Drye & Warren, where he was chair of the firm-wide Private Equity Practice Group.
2 min read · 04 August 2014
In Second Opinion, airplanes can be hacked via on board wifi, Square buys Caviar, and a female intern finds that venture capital is "no place for a woman." Also, R.I.P. James Brady.
1 min read · 04 August 2014
TransFirst, backed by Welsh, Carson, Anderson & Stowe, has filed to go public.
2 min read · 01 August 2014
In Second Opinion, Apple officially welcomes Beats to its family, you can now legally unlock your cellphones in the U.S., Alibaba invests $120 mln in Kabam and it's okay to feel good about the U.S. economy.
1 min read · 01 August 2014
TransFirst Inc, backed by Welsh, Carson, Anderson & Stowe, has filed to go public.
2 min read · 01 August 2014
In Second Opinion, what not to wear in the office this summer, most Americans would consider buying self-driving cars, Iliad makes a $15 bln bid for T-Mobile US and Argentina is in default on its bonds.
1 min read · 31 July 2014
