Key Principal Partners, a lower middle market private equity firm based in Cleveland, has promoted Patrick Rond to vice president. Rond joined the firm, in 2002 as an analyst. KPP is the private equity arm of KeyCorp.
1 min read · 15 March 2010
Garrett Walls has agreed to join Angelo Gordon & Co. as head of marketing. He previously was with TCW Group, as a managing director responsible for strategic relationships.
2 min read · 15 March 2010
Senior Care Centers of America, a Clearview Capital portfolio company, has acquired Wilkes-Barre, Penn.-based Valley Crest Adult Day Care. The transaction closed on January 8, and is the fifth acquisition made by Senior Care since Clearview Capital's initial investment in 2005.
3 min read · 15 March 2010
2 min read · 15 March 2010
Stonegate Mortgage Corp., a Fishers, Ind.-based mortgage lender, has raised an undisclosed amount of private equity funding from Indianapolis-based Second Curve Partners.
2 min read · 15 March 2010
ONCAP Management Partners, the mid-market private equity unit of Onex Corp., has agreed to acquire Sport Supply Group Inc. (Nasdaq: RBI), a maker and distributor of sporting goods and branded team uniforms to the institutional and team sports market. The deal is valued at approximately $169 million, or $13.55 per share in cash.
4 min read · 15 March 2010
Denham Capital has agreed to sell the assets of Excel Telecommunications to Matrix Telecom Inc., a portfolio company of Platinum Equity. No financial terms were disclosed. Excel is an Irving, Texas-based provider of integrated voice and data communications products and services to residential, commercial and carrier customers.
4 min read · 15 March 2010
Shiseido Co. Ltd. (Tokyo: 4911) has acquired San Francisco-based cosmetics company Bare Escentuals Inc. (Nasdaq: BARE), via an $18.20 per share tender offer. Sellers included Berkshire Partners, which held around a 16% stake.
3 min read · 15 March 2010
CPI Card Group, a Littleton, Colo.-based manufacturer of financial payment cards, has acquired certain assets of Roseville, Minn.-based Premier Card Solutions. No financial terms were disclosed. CPI is a portfolio company of Tricor Pacific Capital, while PCS is a portfolio company of Valor Equity Partners.
3 min read · 15 March 2010
IMIX, a Swedish provider of digital radiography systems for hospitals and specialist clinics, has raised an undisclosed amount of private equity funding from Sunstone Capital. IMIX also has agreed to merge with ARCOMA AB, an OEM supplier of medical and radiology systems and sub-systems.
4 min read · 15 March 2010
