Private Equity
AssuraMed is providing a relatively quick exit for Clayton, Dubilier & Rice and GS Capital Partners.
2 min read · 14 February 2013
Harvey Mason has joined Capstone Partners as a director in the corporate restructuring services group. He will split his time between Boston and New York. Most recently, Mason worked at Argus Management where he specialized in providing interim management and financial advisory services to financially distressed companies
3 min read · 13 February 2013
BB&T Capital Partners has sold Cline Acquisition Corp. to Rexnord Corp. Financial terms weren't announced. Taylors, S.C.-based Cline provides aftermarket power transmission parts and services to the pulp and paper, steel and other end markets. Quarton Partners provided financial advice to Cline.
2 min read · 13 February 2013
SD Retail Consulting, a unit of Hilco Trading, said Wednesday that it named Farla Efros as EVP and COO. Efros will be responsible for the firm’s Merchandising and Strategy practice area. Most recently, she served as EVP and Chief Merchandising Officer of Office Depot.
3 min read · 13 February 2013
Selerity said Wednesday that it raised $3 million of Series B equity financing. New shareholders include Mark Faulkner, Data Explorers' founder; Tom Glocer, Thomson Reuters former CEO; Emanuel Mond, Cadis' former chairman, Lee Olesky, Tradeweb's CEO; and, Sharon Rowlands, CEO of Altegrity. A majority of Selerity’s series A shareholders and board of directors also reinvested. Selerity, of Jersey City, N.J., provides data solutions for the financial services industry.
3 min read · 13 February 2013
H.I.G. WhiteHorse said Wednesday that it closed a collateralized loan obligation fund, WhiteHorse VI Ltd., at $415.5 million. RBS Securities served as placement agent for a portion of the securities. H.I.G. WhiteHorse is the credit arm of H.I.G. Capital.
2 min read · 13 February 2013
3i Group may not have a new fund to invest,but the publicly traded investor will use its balance sheet to seek out deals in North America and Europe, says says Ken Hanau, North America managing partner.
2 min read · 13 February 2013
Today's news includes word that Comcast is buying the rest of NBC Universal, Amazon is the most respected company and T Rowe Price comes out against the Dell takeover.
1 min read · 12 February 2013
HCA Holdings continues to give back to its private equity owners. HCA shareholders, mainly KKR and Bain Capital, are selling 50 million HCA shares in a secondary that could raise as much as $1.86 billion.
2 min read · 12 February 2013
Huron Capital Partners has invested in Six Month Smiles. Financial terms weren't announced. Scottsville, N.Y.-based Six Month Smiles provides clear braces that promise to straighten and align teeth in an average time of six months.
2 min read · 11 February 2013
