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.
Medin Technologies Inc, a portfolio company of Seven Point Equity Partners LLC, said July 1 that it acquired Advantage Manufacturing Technologies Inc. Financial terms weren’t announced. Advantage Manufacturing, of Monroe, Washington, makes orthopedic implants.
4 min read · 02 July 2019
Spanos Barber Jesse & Co said June 27 that it acquired CDM Fitness Holdings. Financial terms weren’t announced. CDM’s co-founders, including CEO Brian Kablik, Bill Whelan (COO), Jonathan Epstein (CMO), as well as its CFO Eric Peabody, also invested. CDM Fitness is a Planet Fitness franchisee in Massachusetts.
3 min read · 02 July 2019
Carnelian Energy Capital Management LP said July 1 that it third fund, including GP commitments, closed on its $775 million hard cap. Carnelian, of Houston, focuses on North American energy investments in the lower-to-middle market upstream oil and gas sector.
2 min read · 02 July 2019
Partners Group is investing in Blue River PetCare. Financial terms weren’t announced. Blue River, of Chicago, operates veterinary hospitals that care for household pets, managing a network of over 90 general practice hospitals and over 300 veterinarians across 23 states in the US.
3 min read · 02 July 2019
BC Partners said July 2 that it agreed to buy a majority of Synthon International Holding BV. Financial terms weren’t announced. Synthon Holding BV, the parent, is the seller. Synthon International, of Nijmegen, the Netherlands, develops complex generics.
3 min read · 02 July 2019
Gryphon Technologies Inc, a portfolio company of AE Industrial Partners, said July 2 that it acquired PGFM Solutions LLC. Financial terms weren’t announced. PGFM, of Sewell, New Jersey, provides engineering services to perform risk assessment for machinery control systems, electromagnetic compatibility, navigation, and integrated bridge systems.
2 min read · 02 July 2019
Applied Materials Inc said July 1 that it agreed to buy Kokusai Electric Corp for $2.2 billion from KKR. Kokusai provides batch processing systems and services for memory, foundry and logic customers.
5 min read · 01 July 2019
Genstar Capital said July 1 that Carolyn Greenwalt was named chief compliance officer for regulatory compliance and risk management. Greenwalt previously served as an attorney adviser at the U.S. Securities and Exchange Commission.
2 min read · 01 July 2019
Cresco Labs said July 1 that Mo Dastagir has joined the company as its chief information officer. Dastagir succeeds Zach Marburger, who is taking on a new role at Cresco as entrepreneur in residence. Dastagir was previously with Sears Holding, where he served as vice president and chief technology officer.
5 min read · 01 July 2019
Great Hill Partners LLC said July 1 that it promoted Drew Loucks to partner.
2 min read · 01 July 2019
