2 min read · 27 January 2010
UniTek USA LLC, a portfolio company of HM Capital Partners, has agreed to go public via a reverse merger with Berliner Communications Inc. (OTC BB: BERL), a provider of engineering, construction management and site acquisition services to the wireless industry. No financial terms were disclosed for the deal, after which HM Capital would hold around an 80% stake in the combined company.
4 min read · 27 January 2010
SouthWaste Services LLC, a Houston, Texas-based portfolio company of Rock Hill Capital, has acquired a waste processing facility called Central Florida Disposal Interests. No financial terms were disclosed.
2 min read · 27 January 2010
Elevation Partners has agreed to invest up to $100 million into Yelp, a San Francisco-based local search and review site. This includes an initial investment of $25 million in Series E stock, with the remainder to come via a planned purchase of shares from vested employees and other shareholders. Yelp previously raised around $31 million, from firms like Benchmark Capital, Bessemer Venture Partners and DAG Ventures.
3 min read · 27 January 2010
Genstar Capital has promoted Anthony Salewski and Robert Rutledge to the position of vice president. Both had previously been senior associates.
2 min read · 27 January 2010
2 min read · 27 January 2010
1 min read · 27 January 2010
General Atlantic has acquired a minority stake in Markit Group Ltd., a London-based financial information provider. No financial terms were disclosed, but the FT puts the deal at $250 million with a valuation of just over $3 billion.
2 min read · 27 January 2010
Ryerson Holding Corp., a Chicago-based metals processor, has acquired Texas Steel Processing Inc., a Houston-based steel plate fabricator, for approximately $11.4 million. Ryerson recently filed for a $350 million IPO. It was taken private by Platinum Equity in October 2007 for approximately $2 billion.
1 min read · 27 January 2010
KKR has acquired an undisclosed position in the German Flavours and Ingredients business of Rudolf Wild GmbH & Co. The deal will not result in management changes, and is designed to facilitate a public listing for Rudolf Wild, an 80-year-old, family-owned business.
3 min read · 27 January 2010
