ModusLink Global Solutions Inc. (Nasdaq: MLNK) has acquired Tech for Less LLC from private equity firm Dixon Midland Company. No financial terms were disclosed. TFL is a -based acquiror and reburbisher of consumer electronics and business technology products. It and Dixon Midland were advised on the sale by Livingstone.
2 min read · 09 December 2009
Rothschild has named Herve Sawko has joined as head of Middle East investment banking. He has been with the firm for 17 years, most recently based in New York with a focus on international transactions.
2 min read · 09 December 2009
1 min read · 09 December 2009
2 min read · 09 December 2009
1 min read · 09 December 2009
Eran Broshy has joined Providence Equity Partners as a senior advisor. He previously was CEO of InVentive Health. Here is his bio from the Providence Equity website:
1 min read · 09 December 2009
The Wicks Group of Cos. has completes its $170 million cash sale of career education company Penn Foster Education Group Inc. to The Princeton Review Inc. (Nasdaq: REVU).
2 min read · 09 December 2009
3 min read · 09 December 2009
Voyager Learning Co. (OTC BB: VLCY), an educational publisher for the K-12 market, has completed its merger with Cambium Learning Inc., a provider of education services to at-risk and special student populations. The deal results in Cambium sponsor Veronis Suhler Stevenson holding a majority stake in the combined public company, with Voyager stockholders receiving approximately $194 million worth of cash and/or stock in Cambium.
5 min read · 09 December 2009
Roper Industries Inc. (NYSE: ROP) has acquired Verathon Inc., a Bothell, Wash.-based provider of medical devices and services like a noninvasive bladder-scan device. No financial terms were disclosed. Verathon has raised nearly $16 million, from firms like DW Healthcare Partners.
2 min read · 09 December 2009
