(Reuters) - Canadian private-equity firm Onex Corp (OCX.TO) swung to a fourth-quarter profit, and said it was well positioned to take advantage of investment opportunitie
1 min read · 26 February 2010
1 min read · 26 February 2010
AMICAS Inc., a publicly traded medical technology company, said it would review the revised offer it received from Merge Healthcare now that it has been updated to include an executed definitive commitment letter for $200 million of financing from Morgan Stanley. AMICAS had previously agreed to sell itself to New York buyout firm Thoma Bravo, rejecting a rival offer from Merge because it did not have proof of guaranteed financing.
4 min read · 25 February 2010
Fifth Street Finance Corp. received a financing commitment from ING Capital LLC for a syndicated three year revolving credit facility for up to the amount of $150 million, with a targeted initial close of $65 million.
3 min read · 25 February 2010
TEXo Ventures has been launched in Austin, Texas, to make seed and early-stage investments of up to $2 million in healthcare companies. The firm's founders are Philip Sanger, M.D., Jerry DeVries and Randall Crowder.
2 min read · 25 February 2010
Ipreo, a provider of data and market intelligence to banking and corporate clients, has acquired the certificates collection service of Markit Group, based in London. Ipreo is majority owned by New York private equity firm Veronis Suhler Stevenson.
2 min read · 25 February 2010
Brown Brothers Harriman & Co., a an investment services company based in , appointed Timothy E. Hartch and Seán Páircéir as partners. Hartch is co-head of BBH’s equity investment management team, providing merger and acquisition advisory services to BBH clients and evaluating, negotiating, and monitoring investments for private equity and mezzanine funds. Páircéir works with global investment funds.
3 min read · 25 February 2010
Persistence Capital Partners, a Canadian healthcare services investment firm, appointed Lloyd M. Segal as a Partner of the Fund. Segal was previously CEO of Thallion Pharmaceuticals, where he currently serves as Chairman.
1 min read · 25 February 2010
Eureka Growth Capital and Shore Points Capital recapitalized Commercial Carpets of America a floor coverings provider based in Washington, D.C. Susquehanna Bank provided a senior term loan and working capital revolver as debt financing for the transaction.
2 min read · 25 February 2010
Charles Mills has joined Houlihan Lokey, an investment bank, in its Atlanta office as a managing director, heading up Southeast M&A in the U.S. Prior to Houlihan Lokey, Mr. Mills headed Macquarie Capital’s M&A practice in the Southeast U.S. region.
2 min read · 25 February 2010
