Riverside Co. has acquired Orliman SL, the Spanish manufacturer of orthopedic braces and supports. The company had revenues of approximately €14 million in 2010. Orliman joins Riverside’s current European healthcare portfolio, which includes The Summit Medical Group, Crioestaminal and Diatron Group.
4 min read · 26 January 2011
Mid Europa Partners, the central European private equity firm, announced its 2011 promotions. Michelle Capiod has been promoted to director, with Andrej Babace and Robert Chmelar advancing to the associate director level, and Jan Krzewinski has been promoted to senior associate.
3 min read · 26 January 2011
2 min read · 25 January 2011
4 min read · 25 January 2011
3 min read · 25 January 2011
Chanticleer Holdings led a group of investors that acquired Hooters of America Inc. and Texas Wings Inc., the largest Hooters franchisee. Terms of the transaction were not specified. McColl Partners, based in Charlotte, N.C., served as financial advisor to the sellers, the Brooks family.
2 min read · 25 January 2011
Laredo Petroleum, the Oklahoma-based oil and gas company in which PE firm Warburg Pincus invested in 2007, completed a sale of $350 million in senior unsecured notes. Bank of America Merrill Lynch, J.P. Morgan, and Wells Fargo Securities acted as joint book running managers for the sale. BMO Capital Markets was lead manager and Tudor, Pickering, Holt & Co. were co-managers.
4 min read · 24 January 2011
TGP Investments, manager of PE fund TGP Capital Partners, is adding Timothy Leland as a managing director. Leland joins the Kansas City-based firm after serving as the head of M&A with First National Investment Banking, a division of First National Bank of Omaha.
2 min read · 24 January 2011
Private equity firm the Riverside Co. will acquire Pareto Corp. into a newly-formed subsidiary, the private equity firm announced Monday. Pareto, which makes marketing displays and is listed on the Toronto Stock Exchange, already has 72% of its outstanding shares supporting the transaction and its management will continue to maintain a stake after the deal is completed. Ogilvy Renault acted as counsel to Pareto, Fraser Milner Casgrain acted as counsel to the management shareholders, and Osler Hoskin & Harcourt acted as counsel to the non-management shareholders who entered into voting support agreements. The PE firm was represented by Stikeman Elliott and Kirkland & Ellis.
5 min read · 24 January 2011
Apollo Global Management has named former U.S. Senator Evan Bayh as a senior advisor. Formerly, Bayh represented the state of Indiana, and also served two terms as the state’s Governor.
2 min read · 21 January 2011
