1 min read · 02 March 2010
USI Holdings Corp., a Briarcliff Manor, N.Y.-based distributor of insurance and financial services to businesses, has acquired National City Insurance Group's retail employee benefit insurance brokerage offices in Ohio, Kentucky and Missouri from PNC Financial Services Group. No financial terms were disclosed. USI is owned by Goldman Sachs Capital Partners.
1 min read · 01 March 2010
Curtis Mo has joined DLA Piper as a partner in the law firm's Silicon Valley office. He previously was founding partner of the Palo Alto office of Wilmer Cutler Pickering Hale and Dorr LLP.
2 min read · 01 March 2010
Shearer’s Foods Inc., a maker and distributor of branded and private-label snack foods, has agreed to acquire rival Snack Alliance. No financial terms were disclosed. Shearer’s Foods is a portfolio company of Mistral Equity Partners.
3 min read · 01 March 2010
3 min read · 01 March 2010
Tony Horspool has joined Ropes & Gray as a London-based partner in the law firm's bankruptcy and restructuring practice. He previously was with Weil, Gotshal & Manges.
2 min read · 01 March 2010
Media Source, a Plain City, Ohio-based acquisition platform sponsored by The Riverside Company, has acquired three library publications from Reed Business Information-US. They are: Library Journal, School Library Journal and Library Hotline Join Media Source. no financial terms were disclosed.
4 min read · 01 March 2010
CCMP Capital has acquired a controlling interest in Francesca’s Collections Inc., for an undisclosed amount. Francessa's Collections is a Houston-based operator of 160 small-box women’s fashion retail stores across 33 states.
2 min read · 01 March 2010
Baxter International Inc. (NYSE: BAX) has agreed to acquire ApaTech, a UK-based developer of orthopedic implants. The deal is valued at upwards of $330 million, including an up-front cash payment of $240 million. The company had raised around $70 million in VC funding, with current shareholders including Encore Ventures (via acquisition of 3i portfolio position) and HealthCor Partners.
3 min read · 01 March 2010
Northern Timber Nova Scotia, a portfolio company of Atlas Holdings and Blue Wolf Capital Management, have agreed to acquire 475,000 acres of Nova Scotia forest land from Neenah Paper Inc. (NYSE: NP). The deal is valued at $82 million.
3 min read · 01 March 2010
