2 min read · 03 June 2010
1 min read · 03 June 2010
Polaris Private Equity, a private equity firm focused on SMEs in Denmark and Sweden has closed its third fund with €365 million in capital commitments.
2 min read · 02 June 2010
NorthgateArinso, a KKR portfolio company that provides HR software and services, has completed its previously-announced acquisition of the HR management unit of Convergys (NYSE: CVG). The deal is valued at $100 million in cash, including an $85 million up-front payment.
2 min read · 02 June 2010
Authentic Brands Group has formed with a $250 million equity funding commitment from Leonard Green & Partners, Knight's Bridge Capital Partners (unit of Counsel Corp.) and ABG chairman and CEO James Salter. The New York-based company will "acquire, manage and build long-term value in prominent consumer brands."
4 min read · 02 June 2010
Kelly Holman, a former reporter covering private equity for IDD and The Deal, has joined PR firm BackBay Communications as an account director.
2 min read · 02 June 2010
Caballo Energy LLC has secured a private equity commitment from EnCap Investments. No financial terms were disclosed. Caballo is a Tulsa-based company formed acquire, develop and manage natural gas gathering, compression, treating, processing and marketing assets.
3 min read · 02 June 2010
Shackleton Equity Partners has acquired RTI Electronics Inc. from IntriCon Corp. (Nasdaq: IIN). No financial terms were disclosed. RTI makes thermistor, film capacitor and magnetic passive electronic components.
2 min read · 02 June 2010
Wall Street Systems, a developer of financial trading and treasury engines, has acquired corporate treasury specialist City Financials. No financial terms were disclosed. Wall Street Systems is a portfolio company of Warburg Pincus.
3 min read · 02 June 2010
Elbrus Capital has been launched as a new Russian private equity firm, following last year's purchase of Renaissance Private Equity from Renaissance Group. The group still has around $160 million in legacy dry powder to invest. Its principals are: Dmitri Krukov, former managing partner of Renaissance Private Equity, Alexander Savin, former CEO of A1 Group, and Robert Thielen, founder and managing partner of Waterland Private Equity.
3 min read · 02 June 2010
