James Chapman has joined the Foley & Lardner LLP, as a Silicon Valley-based partner in law firm's private equity and venture capital practice group. He previously was a partner with Nixon Peabody LLP.
3 min read · 02 February 2010
Cressey & Co. has acquired a majority stake in VetCor Professional Practices, an owner and operaror of 41 full-service animal hospitals in the U.S. No financial terms were disclosed for the deal, which included leveraged financing and an equity co-investment from Golub Capital.
4 min read · 02 February 2010
2 min read · 02 February 2010
PNC Financial Services Group (NYSE: PNC) has agreed to sell its global investment servicing unit to BNY Mellon (NYSE: BK) for $2.3 billion in cash.
2 min read · 02 February 2010
Castanea Partners has invested in, and plans to merge, two direct marketers of branded nutritional supplements: Hueytown, Ala-based Health Resources and Carson City, Nev.-based Vitamin Research Products. No financial terms were disclosed for either deal.
3 min read · 02 February 2010
Odyssey Investment Partners has acquired Wencor Group LLC, a Springville, Utah-based provider of PMA parts to the commercial aircraft sector. No financial terms were disclosed for the deal, which includes a co-investment from Wencor founder Brent Wood.
3 min read · 02 February 2010
Jim Nussle has joined the advisory board of Avista Capital Partners. He is a former Iowa congressman who served as Director of the White House Office of Management and Budget from 2007 to 2009, and currently runs his own consultancy.
2 min read · 02 February 2010
Action Carting Environmental, a green waste collection company, has agreed to acquire both East End Sanitation Inc. and select New York City assets of Republic Services Inc. (NYSE: RSG). No pricing terms were disclosed. Comerica Bank provided leverage, while existing sponsor Ironwood Capital and new investor Summer Street Capital Partners provided equity funding.
2 min read · 02 February 2010
1 min read · 02 February 2010
1 min read · 02 February 2010