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.
Golub Capital said Wednesday that it provided a $100 million to refinance Boot Barn's debt capital structure and support the company's buy of Baskins Acquisition Holdings. Boot Barn, which provides western and work books plus jeans and shirts, is backed by Freeman Spogli & Co.
3 min read · 05 June 2013
H.I.G. Europe has closed its sale of portfolio company Anvis Group to Tokai Rubber Industries. Financial terms weren't announced. Anvis, of Steinau an der Straße, Germany, provides anti-vibration products that are primarily used in the automobile industry. H.I.G. Europe is the European arm of H.I.G. Capital.
4 min read · 05 June 2013
Final bids for Butterfield Fulcrum, which is backed by BV Investment Partners, were due last week, sources tell peHUB.
2 min read · 05 June 2013
SAP AG said Wednesday that it is buying hybris, which is backed by HGGC (Huntsman Gay Global Capital). Financial terms were not announced. Zug, Switzerland-based hybris is an e-commerce software company.
3 min read · 05 June 2013
CloudByte said Wednesday that Greg Goelz was named CEO. Goelz, most recently, was SanDisk's general manager of enterprise storage solutions. CloudByte said that Srivibhavan Balaram, its founder and initial CEO, will lead the company's Asia Pacific (APJ) and European business operations as chief operations officer. CloudByte is backed by Nexus Venture Partners and KAE Capital.
3 min read · 05 June 2013
Emerald Oil said Tuesday it completed the sale of 2.79 million shares to White Deer Energy for about $16.2 million. Emerald Oil, of Denver, is focused on acquiring acreage and developing wells in the Williston Basin of North Dakota and Montana.
3 min read · 04 June 2013
Valeritas has closed a $100 million in structured debt financing with Capital Royalty L.P. Bridgewater, N.J.-based Valeritas makes the V-Go insulin delivery device.
4 min read · 04 June 2013
Riverside Partners has completed an investment in BioAgilytix Labs. Financial terms weren't announced. Research Triangle Park, N.C., BioAgilytix provides outsourced laboratory services to the pharmaceutical, biotechnology, and agriculture industries.
2 min read · 04 June 2013
Golden Gate Capital has completed its buy of Springs Window Fashions. Financial terms were not announced. The sellers include Heartland Industrial Partners and interests of the Close Family. Middleton, Wis.-based Springs makes and sells custom and stock window coverings and drapery hardware to retail and commercial customers. BofA Merrill Lynch served as financial advisor to Golden Gate Capital. J.P. Morgan was the financial advisor to Springs. Bond financing for the transaction was led by J.P. Morgan Securities and BofA Merrill Lynch, with GE Capital providing a new ABL facility.
2 min read · 04 June 2013
The sale of SoftLayer Technologies to IBM for a reported $2 billion could be a windfall for GI Partners, which acquired the company in 2010.
2 min read · 04 June 2013
