Brian Hogan has joined the I-banking group of Broadpoint Capital, a broker-dealer subsidiary of Broadpoint Gleacher Securities Group, as a managing director. He previously spent 17 years with Boa Merrill Lynch, most recently as global head of the building and construction industry group.
2 min read · 22 December 2009
J.F. Lehman & Co. has sold Atlantic Intertial Systems to Goodrich Corp. for approximately $375 million in cash. AIS is a Cheshire, Conn.-based provider of guidance, stabilization and navigation products and systems for the global defense market. It was acquired by J.F. Lehman from BAE Systems in August 2007, in a deal that included $145 million of equity.
2 min read · 22 December 2009
2 min read · 21 December 2009
1 min read · 21 December 2009
2 min read · 21 December 2009
1 min read · 21 December 2009
Eagle Energy, a Tulsa, Okla.-based upstream oil and gas company, has raised an undisclosed amount of private equity funding from The Riverstone/Carlyle Global Energy and Power Funds.
2 min read · 21 December 2009
Rave Cinemas LLC, a newly-formed acquisition platform backed by TowerBrook Capital Partners and Lambert Media Group, has agreed to buy the business operations and select real estate assets of up to 35 movie theaters from National Amusements Inc. No financial terms were disclosed. It also has acquired four theaters from Rave Reviews Cinemas, a portfolio company of Boston Ventures.
4 min read · 21 December 2009
HM Capital Partners has agreed to sell Sturm Foods, a maker of hot cereal and powdered soft drink mixes, to TreeHouse Foods (NYSE: THS). The deal is valued at $660 million, and is expected to close by the end of Q1 2010.
2 min read · 21 December 2009
Kansas Venture Capital has acquired the former AAIPharma bioanalytical division from ZeeCRO Inc. No financial terms were disclosed.
3 min read · 21 December 2009