1 min read · 13 May 2010
Silver Lake Sumeru has invested an undisclosed amount in flash memory company Spansion Inc., which earlier this week emerged from Chapter 11 bankruptcy.
2 min read · 13 May 2010
Contrax Furnishings, a Gainesville, Fla.-based provider of furnishings and equipment to educational institutions, hass raised an undisclosed amount of private equity funding from Hudson Ferry Capital. McGladrey Capital Markets advised Contrax on the deal.
2 min read · 13 May 2010
RedPrairie Holding Inc., a Waukesha, Wisc.-based provider of inventory, warehouse, transportation and workforce management systems has acquired Smartturn Inc., an Oakland, Calif.-based provider of on-demand inventory and WMS. No financial terms were disclosed. RedPrairie recently was acquired by New Mountain Capital, while SmartTurn has raised around $5 million from Emergence Capital Partners and New Enterprise Associates.
3 min read · 13 May 2010
Archive Systems Inc., a Fairfield, N.J.-based provider of document process automation solutions, has raised an undisclosed amount of new funding led by NewSpring Capital. It previously raised around $22 million from Carlyle Venture Partners, Edison Venture Fund and NJTC Venture Fund.
3 min read · 13 May 2010
International Absorbents Inc. (NYSE IAX) shareholders have approved a $4.75 per share buyout by private equity firm Kinderhook Industries. International Absorbants makes consumer and commercial products derived from recycled, renewable materials.
2 min read · 13 May 2010
Levine Leichtman Capital Partners has agreed to acquire the franchise business of NexCen Brands Inc. (OTC BB: NEXC) for $112.5 million. The deal includes all of NexCen's interests in Great American Cookies, MaggieMoo's, Marble Slab Creamery, Pretzelmaker, Pretzel Time, The Athlete’s Foot and Shoebox New York.
6 min read · 13 May 2010
1 min read · 13 May 2010
1 min read · 13 May 2010
1 min read · 13 May 2010