Centerplate, a Stamford, Conn.-based concessions company owned by Kohlberg & Co., has completed its acquisition of smaller rival Boston Culinary Group Inc. No financial terms were disclosed, except that the deal is worth less than the $210 million Kohlberg paid for Centerplate last January.
2 min read · 05 January 2010
Bedford Funding has acquired Peopleclick, a Raleigh, N.C.-based provider of talent acquisition and workforce compliance and diversity, for approximately $100 million. Peopleclick will be merged with existing Bedford portfolio company Authoria.
6 min read · 05 January 2010
1 min read · 05 January 2010
Metall Technologie, a maker of heat treatment industrial furnaces for the European market, has formed a joint venture with China's Shanghai Huisen Industrial Furnaces Company Ltd. Metall Technologie, a portfolio company of European Capital Ltd., will hold a 70% stake in the joint venture. No financial terms were disclosed.
4 min read · 05 January 2010
1 min read · 05 January 2010
2 min read · 05 January 2010
Critical Path Inc., a provider of provider of messaging applications and enterprise solutions, has acquired ShoZu Inc., a UK-based provider of solutions for exchanging content between mobile phones and Web-based social media sites. No financial terms were disclosed. Critical Path was taken private in 2008 by General Atlantic Partners and Cheung Kong Group. ShoZu has raised over $25 million in VC funding, from firms like SEB Venture Capital, Atlas Venture, Crescendo Ventures and TTP Ventures.
3 min read · 05 January 2010
York Label, an Omaha, Neb.-based provider of labeling and packaging solutions to the consumer products, has acquired Southern Atlantic Label, Chesapeake, Va.-based labeling company focused on the food packaging sector. No financial terms were disclosed, except that the deal was financed via an additional investment from existing York Label sponsor Diamond Castle Holdings.
2 min read · 05 January 2010
Berkshire Partners has promoted Joshua Lutzker to managing director. He joined the firm in 1998 as an associate, and rejoined in 2002 after graduating from Harvard Business School.
2 min read · 05 January 2010
Internet Capital Group (Nasdaq: ICGE) has acquired GovDelivery Inc., a St. Paul, Minn.-based provider of government-to-citizen digital communication solutions. The deal is valued at $19.7 million, in exchange for an 89% stake.
3 min read · 05 January 2010