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.
Haystax Technology, which is backed by Edgewater Funds, said Tuesday that it acquired FlexPoint Technology. Financial terms weren't announced. Reston, Va.-based Flexpoint, professional services company, provides private and public cloud solutions that supplies secure collaboration and application development capabilities.
3 min read · 07 May 2013
Private equity pros should start seeing some new faces at investment banks. Peter J. Solomon Co. is looking to hire senior bankers and recently added Mark Boidman and Brad Weinberg.
2 min read · 07 May 2013
Polaris Wireless said Tuesday that it completed a recapitalizatoon of of existing equity interests on April 25. The recap included closing a Series C financing with $10 million from Industry Ventures. Victor Hwang, an Industry Ventures MD, joined the Polaris board. Mountain View, Calif.-based Polaris provides software-based wireless location solutions.
3 min read · 07 May 2013
PineBridge Investments said Tuesday that Jason Fisher joined the firm as SVP, Head of Consultant Relations for the Americas and Europe. He will be based in Los Angeles and report to John Baumann, Head of Institutional Sales and Client Service, Americas and Europe. Most recently, Fisher was at J.P. Morgan Asset Management where he held a number of senior sales and consultant positions over the last decade.
2 min read · 07 May 2013
Greenbriar Equity Group said Tuesday that an affiliate has completed a tender offer for all of the outstanding shares of common stock of EDAC Technologies Corp. at a purchase price of $17.75 per share. GB Aero intends to delist and de-register EDAC common stock, Greenbriar. Farmington, Conn.-based EDAC makes aerospace and industrial components.
2 min read · 07 May 2013
Kelso & Company has acquired PowerTeam Services. Financial terms were not announced. The sellers were CIVC Partners and True North Equity. Plymouth, Mich.-based PowerTeam provides infrastructure services to the gas and electric utility industry. Harris Williams advised PowerTeam.
3 min read · 07 May 2013
Brandon Bradkin has joined CVC Credit Partners as a partner. Bradkin spent six years at Park Square Capital where he was a partner and member of Investment Committee. CVC Credit Partners is owned by CVC Capital Partners and Resource America. CVC Credit Partners is an investment group focused on sub-investment grade debt capital markets in the US and Europe.
2 min read · 07 May 2013
EPiServer, which is backed by IK Investment Partners, has acquired Euroling. Financial terms weren't announced. Euroling is a Swedish search provider.
3 min read · 07 May 2013
LMW2 Partners has recapped Kopetz Mfg. Financial terms weren't announced. Decatur, Ill.-based Kopetz is a metal fabricator of large pressure vessels and heat exchangers to the process industries and energy sectors. Sikich Investment Banking provided financial advice to Kopetz owners.
3 min read · 07 May 2013
Capas has acquired E-Learning Mind. Financial terms weren't announced. E-Learning, of San Diego, provides corporate learning solutions to Fortune 100 brands, such as Citigroup and Nestle
2 min read · 06 May 2013
