MidOcean Partners, the Kansas private equity firm that runs Bushnell Outdoor Products, a maker of eyewear and outdoor accessories, bought California-based Night Optics USA, which makes night vision and thermal technologies products. Night Optics USA was represented by Mergers & Business Acquisitions, Inc.
2 min read · 02 September 2011
IK Investment Partners will sell Idex, a French energy and environmental services company, to Cube Infrastructure, a strategic acquirer based in France. Specifics on the transaction were not publicized. The Company has approximately 3,500 employees and posted net sales for FY 02/2011 of EUR 525 million, according to a statement released by IK. J.P.Morgan, XK Corporate Finance and White & Case advised the sellers.
4 min read · 02 September 2011
Dallas-based private equity Wingate Partners has dealt its Industrial Container Services LLC, a provider of reconditioned containers, to Los Angeles-based private equity firm Aurora Capital Group. Gibson Dunn & Crutcher LLP acted as legal advisor to Aurora Capital Group. Piper Jaffray & Co. acted as financial advisor to Wingate Partners and ICS and Haynes and Boone, LLP acted as their legal advisor. Mark D. Rosenbaum, Partner of Aurora Capital Group, worked on the deal for the PE firm. Specifics on the transaction were not publicized.
4 min read · 02 September 2011
Highland Capital Management, the Dallas-based investment firm, has added Chris Yoon to its Seoul, South Korea office as director of business development. James Dondero, president and co-founder of Highland, called Korea one of the PE firm’s top regions targeted for investment in Asia.
3 min read · 02 September 2011
MOSAID Technologies, the TSX-listed technology company, will acquire Core Wireless Licensing, which includes a portfolio of 400 patent families, including about 2,000 wireless patents and patent applications filed originally by Nokia. The best part? The price, for MOSAID! According to the statement released by MOSAID and Core, the deal will be funded “through royalties from future licensing and enforcement revenues.”
5 min read · 01 September 2011
As there’s no formal dictionary definition for what number constitutes a “slew,” it’s safe to say that’s about what MHT Partners just hired. The investment bank added professionals ranging from analyst to managing director to its offices in Boston and Dallas. They include: John Mullen, Managing Director, Taylor Curtis, Director, Sanjay Gulati, Analyst, Casey O’Grady, Analyst, Dallas Office and Ada Lio, Analyst, Boston office.
4 min read · 01 September 2011
GupShup, India’s premier social network and group messaging service, raised an additional $10 million from investors including Tenaya Capital, Globespan Capital Partners, Helion Ventures and Charles River Ventures, bringing the company’s aggregate funding to $47 million. VCs Brian Paul, managing director with Tenaya, and Venky Ganesan, MD with Globespan, worked on the deal.
1 min read · 31 August 2011
3 min read · 31 August 2011
3 min read · 30 August 2011
Affinium Pharmaceuticals, the Austin, Texas-based drug company, has closed a $15 million round, its Series B, from existing investors SV Life Sciences, Genesis Capital Partners and Forward Ventures. The Ontario Emerging Technologies Fund is also participating in the round.
2 min read · 30 August 2011
