Private Equity
Healogics, which is backed by Metalmark Capital, has hired David Miles as CFO and Craig Albright as EVP of marketing. Miles was most recently EVP and CFO of ResCare. Albright has served as the CEO of Gentiae Clinical Research and Free & Clear. Jacksonville, Fla.-based Healogics provides advanced wound care services.
2 min read · 28 November 2012
Corinthian Capital Group has acquired Friedrich Air Conditioning. Financial terms were not announced. San Antonio, Texas-based Friedrich makes air conditioners. Capstone Partners advised Friedrich.
2 min read · 28 November 2012
Today's hot news includes a report that Andrew Mason may be out at Groupon, Apple fires its maps manager and GM will unveil its all-electric mini-car this week.
1 min read · 27 November 2012
The auction of Eze Castle, which is owned by ConvergEx Group, has hit the final stages, sources tell peHUB. TPG is still vying for Eze Castle as well as Hellman & Friedman, persons say. Advent International, which had teamed up with Advent Software, has dropped out, sources say.
1 min read · 27 November 2012
Enlightenment Capital, a PE firm focused on aerospace, defense & government services, is out fundraising, according to two sources and a regulatory filing.
2 min read · 27 November 2012
AMC Entertainment has agreed to buy four theaters owned by Rave Reviews Cinemas. Financial terms weren't announced. Two of the theaters are located in Baton Rouge, La. while one is in Montgomery, Ala. and another is in Montgomery, Ala. Rave Reviews is backed by BV Investment Partners.
3 min read · 26 November 2012
Madison Dearborn Partners said Monday it has agreed to invest in Aderant Holdings. The sellers are Vista Equity Partners and company management, which will retain "significant" ownership positions. Financial terms weren't announced. MDP is buying about half of Vista Equity’s and Aderant management’s stakes, the statement says. Atlanta-based Aderant provides business management software for law and professional services firms. BofA Merrill Lynch provided financial advice to MDP, while BMO Capital Markets and Marks Baughan advised Aderant and Vista.
4 min read · 26 November 2012
To end your Cyber Monday, we wonder who made a killing on the fake Google acquisition release, Mary Schapiro to leave the SEC and Warren Buffett calls for a minimum tax rate for millionaires.
1 min read · 26 November 2012
Greenbriar Equity Group, the PE firm focused on the transportation industry, is out fundraising for its third fund, according to a source and an SEC filing. Greenbriar Equity Fund III LP is looking to raise $1.25 billion, the source says. Park Hill is the placement agent for fund III, an SEC filing dated Nov. 20 says.
1 min read · 26 November 2012
Mason Wells has acquired Whitehall Specialties. Financial terms were not announced. Northleaf Capital, PPM America, Audax Mezzanine and company management are also investing. BMO Capital Markets and Audax are providing financing. Whitehall, of Wisconsin, produces and markets custom analog and processed cheese products.
2 min read · 26 November 2012
