PE Hub Staff

RoundTable Healthcare Forms Renaissance Pharma

RoundTable Healthcare Partners has formed Renaissance Pharma Inc., a Montreal-based pharmaceutical platform company. No financial terms were disclosed. Renaissance Pharma will be led by Pierre Frechette, former president and CEO of Sandoz Canada Inc.

Fred Terrell Rejoins Credit Suisse

Fred Terrell has rejoined Credit Suisse as vice chairman of investment banking, effective next week. He has spent the past 12 years as co-founder, managing partner and CEO of Provender Capital Group.

Thoma Bravo Takes Plato Learning Private

Thoma Bravo has completed its take-private acquisition of PLATO Learning Inc. (Nasdaq: TUTR), a provider of online learning solutions for K through adult. The deal was valued at approximately $143 million, or $5.60 per share.

EDF Expects Bids in UK Power Sale By June 21

First Data Reworks Management, Bonds Fall

Next PE Target: Jack-in-the-Box?

Mistral Equity Buys LoveSac

Mistral Equity Partners has acquired a majority interest in LoveSac, a multi-channel retailer of bean-bag chairs and other furniture products. No financial terms were disclosed.

First Reserve Joins $1.5 Billion JV with SunEdison

SunEdison, the solar energy unit of MEMC Electronic Materials Inc. (NYSE: WFR), has agreed to a joint venture with energy-focused private equity firm First Reserve Corp. The deal could result in First Reserve acquiring up to $1.5 billion in current and future SunEdison solar photovoltaic energy projects.

Lightower Fiber Buys Veroxity

Lightower Fiber Networks, a Boxborough, Mass.-based metro fiber network and bandwidth service provider, has acquired Veroxity Holdings Inc., a Bedford, Mass.-based provider of mission critical optical data networks. No financial terms were disclosed. Lightower Fiber has raised nearly $60 million from M/C Venture Partners, Pamlico Capital and Wachovia Capital Associates. Veroxity had raised money from Banc of America Capital Investors.

Blue Wolf Secures Gloucester Engineering

Gloucester Engineering Co., a Gloucester, Mass.-based provider of system and component solutions to the plastics extrusion and converting market, has secured a credit facility from an affiliate of Blue Wolf Capital Management.