United BioSource, a Bethesda, Md.-based scientific and medical affairs organization, has secured a $150 million line of credit for future acquisitions and other growth activities. Participants in the new credit facility included Wells Fargo, PNC Bank, Capital One and JPMorgan. United BioSource recently sold a minority equity stake to Berkshire Partners for $125 million, which followed more than $150 million in VC funding from Grotech Capital Group, J.H. Whitney and New Enterprise Associates.
2 min read · 06 July 2010
1 min read · 06 July 2010
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1 min read · 05 July 2010
2 min read · 05 July 2010
THL Partners has completed the sale of its majority stake in food supplier Michael Foods to GS Capital Partners for $1.7 billion. THL, which acquired the company in 2003, has retained a 20% ownership position.
5 min read · 29 June 2010
2 min read · 29 June 2010
1 min read · 29 June 2010
The Carlyle Group has agreed to invest up to $190 million into industrial fishery China Fishery Group Ltd. (Singapore: B0Z.SI), via a private placement.
3 min read · 29 June 2010