Summit Materials, an acquisition platform in the building materials market, has acquired Continental Cement Co., a supplier of cement to customers in Missouri, Iowa and Illinois. No financial terms were disclosed. 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 · 28 May 2010
Oasis Dental, a UK dentistry group that serves an equal mix of NHS and private patients, has raised an undisclosed amount of private equity funding from Partners Group and Duke Street.
2 min read · 28 May 2010
3i Group and Crédit Agricole Private Equity have agreed to sell their minority stake in Dirickx, a UK-based maker of perimeter protection products, to the Dirickx family (which now will hold 100%). No financial terms were disclosed.
3 min read · 28 May 2010
1 min read · 28 May 2010
1 min read · 28 May 2010
1 min read · 28 May 2010
1 min read · 28 May 2010
John Veronis announced today that he has "withdrawn" from Veronis Suhler Stevenson, the firm he co-founded over two years ago (originally an I-bank, now a PE/structured finance investment firm). He will continue to honor LP commitments to VSS funds, but will not participate in firm management going forward. VSS raised $312 million in 2008 for its second mezzanine fund, and a $1.3 billion private equity vehicle in 2005.
2 min read · 27 May 2010
2 min read · 27 May 2010
1 min read · 27 May 2010
