Marlin Equity Partners has agreed to acquire Phoenix Technologies Ltd. (Nasdaq: PTEC), a maker of core systems software. The $3.85 per share deal values Phoenix at around $139 million, and represents a 27% premium to yesterday's closing price.
4 min read · 18 August 2010
Sarah McFadden Sandström has joined Atlantic-Pacific Capital as a partner. She will focus on helping to raise funds for European clients, and previously was a director in Credit Suisse's private funds group.
2 min read · 18 August 2010
CalSTRS has promoted John Petzold to the new position of deputy chief investment officer/director of investment management. He previously was director of investment operations.
2 min read · 18 August 2010
2 min read · 18 August 2010
Revelry Brands has acquired a minority stake in Data Garden, a New York-based provider of data analytics to natural food brands. No financial terms were disclosed.
3 min read · 18 August 2010
2 min read · 18 August 2010
1 min read · 18 August 2010
1 min read · 18 August 2010
2 min read · 17 August 2010
Summit Materials, an acquisition platform in the building materials market, has made two acquisitions: Kilgore Paving and Maintenance LLC, an asphalt production and paving company, and the aggregates, ready-mix concrete and construction assets of Harper Companies. No financial terms were disclosed for either deal. Summit was formed last fall by The Blackstone Group, Silverhawk Capital Partners and former BHP Billiton CEO Charles Goodyear. It has up to $780 million in capital commitments.
3 min read · 17 August 2010
