Brian Dunn has joined Sorenson Capital as chief financial officer, after having served as CFO of Abacus Private Equity Group. The firm also announced the promotions of Curtis Toone to managing director, and of Mark Ludwig and Mike Scott to principal.
2 min read · 03 August 2010
Stephen McLean has joined Arsenal Capital Partners as a partner, with a focus on the healthcare sector. He was a founding partner of Merrill Lynch Capital Partners and its successor funds.
3 min read · 03 August 2010
John Cashwell and Eric Storch have joined GSO Capital Partners as managing directors and co-heads of institutional marketing for the group's customized credit strategies unit. They previously were with Seix Investment Advisers.
2 min read · 03 August 2010
Ridgemont Equity Partners has formed as an independent private equity firm, staffed by the former Banc of America Capital Investors team. Ridgemont will continue to manage the legacy BACI portfolio on behalf of Bank of America, while also seeking to raise its own fund.
3 min read · 03 August 2010
Signal Hill Capital Group has merged with Updata Advisors, to form an investment bank focused on small and mid-cap growth companies. The combined firm will be called Signal Hill, with a headquarters in Baltimore.
3 min read · 03 August 2010
Baird Capital Partners Europe has sold Paddock Holdings Ltd., a British manufacturer of multipoint door locks, to Sweden's Assa Abloy. No financial terms were disclosed, although BCPE reports a 2.7x return on its £8.9 million investment from four years ago.
3 min read · 03 August 2010
Forum Energy Technologies has formed via the merger of five companies, to provide manufactured and applied products to the global energy industry. The companies were: Forum Oilfield Technologies, Triton Group, Subsea Services International, Global Flow Technologies and Allied Technology. SCF Partners provided $100 million in equity to create FET, which will be run by Cris Gaut, a managing director with SCF Partners who previously was CFO and the head of the drilling and evaluation at Halliburton. Eight banks have provided a $450 million credit facility, with an additional $150 million accordion feature.
7 min read · 03 August 2010
1 min read · 03 August 2010
2 min read · 03 August 2010
2 min read · 03 August 2010
