U.S. buyout firm Advent International has appointed advisors to assess a possible sale of budget store chain Poundland, the Financial Times reported on Friday. The private equity group, which also owns German fashion retailer Takko, has hired Close Brothers as it assesses its options for the single-price retailer, which could include a sale to a rival firm or another buyout house, the FT said.
1 min read · 12 March 2010
1 min read · 12 March 2010
2 min read · 12 March 2010
Johan Brenner has joined Swedish venture capital firm Creandum. He previously spent four years as a partner with Baldterton Capital.
2 min read · 11 March 2010
1 min read · 11 March 2010
Harris Williams & Co. has added two senior professionals to its Richmond office. Douglas Yablonski joined the firm as a Managing Director and Patrick McNulty as a Director.
2 min read · 11 March 2010
Moelis Capital Partners and Virginia Capital Partners have backed Kinsale Capital Group and its launch of Kindsale Insurance Company Inc., a Richmond, Va.-based specialty insurance operation.
2 min read · 11 March 2010
Lineage Capital has sponsored a majoroity recapitalization of Bioreclamation Inc., a Westbury, N.Y.-based maker of control matrix material used by biotech and pharma companies in preclinical and clinical development. No financial terms were dislcosed. Mufson Howe Hunter & Co. advised Bioreclamation on the deal.
2 min read · 11 March 2010
GeoEye Inc entered into a financing deal with private equity firm Cerberus Capital Management, in a move that would help the satellite imagery company win a federal contract.
1 min read · 11 March 2010
1 min read · 11 March 2010
