Wachovia Capital Partners has become independent from Wells Fargo, and has renamed itself Pamlico Capital. It will continue to manage legacy WCP portfolio companies, including unfunded commitments.
2 min read · 24 March 2010
3 min read · 24 March 2010
2 min read · 24 March 2010
West Corp., an Omaha, Neb.-based provider of call center and conference call backend solutions, has agreed to acquire SKT Business Communication Solutions, a Wichita, Kansas-based provider of unified communications and collaboration solutions. No financial terms were disclosed. West Corp. filed for a $500 million IPO last October, and is owned by THL Partners and Quadrangle Group.
4 min read · 24 March 2010
Astrodyne, a Mansfield, Mass.-based provider of power conversion solutions, has acquired the assets of RO Associates from Emrise Corp. (NYSE Arca: ERI) for approximately $1 million in cash plus the assumption of certain liabilities. RO provides standard and semi custom power supply products. Audax Group bought Astrodyne in 2008.
3 min read · 24 March 2010
Energy Capital Partners has agreed to buy three gas-fired power plants in Connecticut and Massachusetts from BG Group. The deal is valued at $450 million, with ECP operating partner Curt Morgan to run the newly-formed company.
2 min read · 24 March 2010
Platinum Group has acquired the assets of Tiziani Golf Car of Minnesota Tiziani Golf Car of Minnesota, which will be renamed Superior Golf Cars. The company will sell, service and lease new and used Club Car brand golf cars in eastern Minnesota and western Wisconsin.
2 min read · 24 March 2010
Brantley Partners has completed its sale of Best Brands Corp., a Minnetonka, Minn.-based bakery manufacturer, to CSM Bakery Supplies North America. The deal was valued at $510 million in cash.
2 min read · 24 March 2010
Great Expressions Dental Centers, a Bloomfield Hills, Mich.-based operator of 120 affiliated dental practices in seven states, has signed a long-term management agreement for the Jacksonville, Fla.-based dental practice of Ramsey Salem DDS. No financial terms were disclosed. Great Expressions is owned by Audax Group.
2 min read · 24 March 2010
2 min read · 23 March 2010