American Eagle Mortgage, a Loraine, Ohio-based mortgage lender backed by Evolution Capital Partners, has acquired the assets of Real Estate Mortgage Corp. for an undisclosed amount. REMC operates in three Greater Cleveland marketplaces: Rocky River, Beachwood and Twinsburg.
2 min read · 04 January 2010
1 min read · 04 January 2010
Clearview Capital has sold Twinco Romax, a Medina, Minn.-based distributor and manufacturer of automotive fluids and related aftermarket products, to ShoreView Industries. No financial terms were disclosed for the deal, which was managed by Harris Williams & Co.
3 min read · 04 January 2010
BB&T Capital Partners has acquired Jones & Frank Corp., a Norfolk, Va.-based provider of petroleum equipment and services on the East Coast. No financial terms were disclosed. Parkway Capital Investors co-invested on the equity, while Parkway and SunTrust Bank provided leveraged financing. Matrix Capital Group managed the sale process.
3 min read · 04 January 2010
1 min read · 04 January 2010
Henry Schein Inc. (Nasdaq: HSIC) has completed the merger of its US animal health business with Butler Animal Health Supply, a portfolio company of Oak Hill Capital Partners and The Ashkin Family Group. The combined animal health distribution company has been renamed Butler Schein Animal Health, and would have had around $850 million in revenue over the past 12 months. Henry Schein holds a 50.1% stake in the newly formed entity, with Butler owners holding the other 49.9 percent.
4 min read · 04 January 2010
Sentinel Capital Partners has acquired Massage Envy LLC, a Scottsdale, Ariz.-based provider of therapeutic massage services. No financial terms were disclosed.
3 min read · 04 January 2010
Paul Capital has promoted Andrew Rubinstein to partner. He is based in the firm's New York office, and focuses on royalty transactions. Rubenstein joined Paul Capital in 2007, after having served as CEO of Microban International.
2 min read · 04 January 2010
Metalmark Capital has provided an undisclosed amount of equity capital to Texan oil and gas company Jones Energy, to support its subisidiary's purchase of bankrupt Crusader Energy Group LLC. Wells Fargo Securities arranged debt financing.
3 min read · 04 January 2010
Webster Capital and Sorenson Capital have acquired ReBath, a Tempe, Ariz.-based franchisor of residential bathroom remodeling services. Fifth Street Capital provided leveraged financing. No pricing terms were disclosed.
3 min read · 02 January 2010
