Huntington Capital, the San Diego-based lower middle market private equity fund, placed a growth investment in Vantage Mobility International. Vantage makes tools for conversions to place wheelchair lifts and other accessibility products in vehicles. Huntington invested in the company from its second fund.
3 min read · 21 January 2011
Serent Capital, the California-based private equity firm, invested in Cardon Healthcare Network, a Texas-based provider of patient account management for hospital systems. Specifics on the deal were not publicized; David Kennedy, co-founder of Serent, worked on the transaction from the PE firm.
3 min read · 21 January 2011
ICAP Plc, an interdealer broker, has hired Bradley Critchell to lead its secondary markets group, which allows LPs to unload their stakes in PE funds. He comes from Cogent Partners, where he did similar work, and also worked for Credit Suisse and Donaldson, Lufkin & Jenrette.
2 min read · 20 January 2011
TuneUp Media, the San Francisco-based maker of iTunes apps, has brought on a digital media veteran in Scott Kauffman to lead the company’s board of directors as chairman. He has served in executive roles with GeekNet, BlueLithium, Zinio, MusicNow and Adknowledge, among others. Prior investors in TuneUp include KPG Ventures and IDG Ventures.
3 min read · 20 January 2011
Avista Capital Partners has hired Charles McIlvaine, former head of Deutsche Bank’s consumer group, to lead investment opportunities for the PE firm in that sector. McIlvaine will serve as a director of Armored AutoGroup, an Avista portfolio company comprised primarily of the Armor All and STP automotive aftermarket brands.
3 min read · 20 January 2011
Flat World Knowledge, the publisher of free college textbooks, has completed a $15 million Series B fundraising led by Bertelsmann Digital Media Investments. Other investors in the round included Valhalla Partners, GSA Venture Partners (formerly Greenhill SAVP), High Peaks Venture Partners, and several angel investors.
7 min read · 20 January 2011
Sun Capital Partners’ Paperworks Industries, which it formed in September 2008 with the purchase of a pair of paper mills, has rolled in yet another asset with the acquisition of Rosmar Packaging. The Florida-based PE firm has also acquired other assets to boost Paperworks’ development since 2008.
4 min read · 19 January 2011
International private equity firm Black Pearl Capital Partners is buying Canadian Energy Equipment Manufacturing, a maker of equipment for oilfield services firms. Tyler Hague, founder of the company, will remain on board as CEO.
2 min read · 19 January 2011
3 min read · 19 January 2011
4 min read · 19 January 2011
