PH

PE Hub Staff

GMMOS Builds Up Shipyard

Gulf Marine Maintenance and Offshore Service Co. (GMMOS), a UAE-based provider of marine services to the offshore oil & gas industry, said that its chartering division has acquired five offshore support vessels. The purchase was financed by a recently-secured $100 million term loan facility from Standard Chartered Bank, Abu Dhabi Commercial Bank, Credit Suisse and Deutsche Bank. GMMOS is backed by Abraaj Capital and Waha Capital.

4 min read · 21 December 2009

Heartland Publications Files for Chapter 11

1 min read · 21 December 2009

Allianz In Talks To Sell AGF Private Equity

1 min read · 21 December 2009

Rock Gate Partners Buys Walpar

Rock Gate Partners has acquired Walpar Inc., a Birmingham, Ala.-based maker of highway signage structures. No financial terms were disclosed. Peninsula Capital Partners provided mezzanine financing and an equity co-invest, while Wachovia Bank provided senior debt.

2 min read · 21 December 2009

Citadel Broadcasting Files for Bankruptcy Protection

2 min read · 21 December 2009

Report: Apollo Files Gala Coral Rescue Plan

1 min read · 20 December 2009

Ex-BoA Exec Raising Bank Deal Fund

2 min read · 20 December 2009

Report: Sanjay Patel Joining Apollo Management

1 min read · 18 December 2009

General Atlantic, KKR Close TASC Buyout

General Atlantic and KKR have completed their $1.65 billion acquisition of the TASC consulting unit of defense contractor Northrop Grumman (NYSE: NOC).

3 min read · 18 December 2009

Avaya Sees Nortel Deal Helping Private Equity Exit

2 min read · 18 December 2009

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