Welsh, Carson, Anderson & Stowe has agreed to buty Spectrum Holding Co. from Apax Partners for $230 million. Spectrum is a Greensboro, N.C.-based provider of clinical laboratory and disease screening services.
2 min read · 11 December 2009
1 min read · 11 December 2009
2 min read · 11 December 2009
Corey Baylor has joined BMO Capital Partners as a New York-based managing director in the firm's financial sponsors group. He had spent the past 13 years with Merrill Lynch, most recently as a managing director in Merrill's financial sponsors group.
4 min read · 11 December 2009
PharmMD, a Brentwood, Tenn.-based provider of medication therapy management, has raised $8.8 million in private equity funding from The Riverside Company and FCA Ventures. Harpeth Capital advised PharmMD on the deal.
4 min read · 11 December 2009
Berkeley Energy has raised €50.7 million for its Reneable Energy Asia Fund, which will back renewable energy projects in India and other developing countries in Asia. Backers include CDC Group PLC, which committed €10 million.
2 min read · 11 December 2009
Syntaxis Capital has held a €140 million first close on its second Central European mezzanine fund. The total target is €250 million, compated to the €120 million raised fo Syntaxis' first Central European mezz fund.
3 min read · 11 December 2009
Navigation Capital Partners has acquired prepaid and debit solutions provider Prepaid Solutions USA from West Suburban Bank. No financial terms were disclosed. SunTrust Robinson Humphrey advised Navigation on the deal.
3 min read · 11 December 2009
Harris Williams & Co., an investment bank focused on the middle markets, is opening a London office, which would lead the firm's European advisory practice. It will be led by Thierry Monjauze, who previously was co-head of European technology investment banking for Deutsche Bank.
3 min read · 11 December 2009
Hellman & Friedman and JMI Equity have completed their acquisition of Datatel Inc., a Fairfax, Va.-based provider of enterprise information management solutions for higher education institutions. No financial terms were disclosed, although peHUB previously reported a sale price of approximately $570 million. Sellers include Thoma Bravo, Trident Capital, HarbourVest Partners and JP Morgan Asset Management -- which sponsored a management buyout of Datatel in early 2005.
3 min read · 11 December 2009