ConvergEx, a financial technology service provider backed by GTCR Golder Rauner, has agreed a to acquire NYFIX Inc.'s U.S. Transaction Services business for an undisclosed amount. NYFIX is backed by Warburg Pincus. The deal is related to NFIX's pending sale to NYSE Euronext.
3 min read · 13 November 2009
iPipeline, a provider of software to insurance carriers, has raised $15 million in financing for the purpose of acquisitions. The financing was led by NewSpring Capital of Radnor, PA., and Fidelity Ventures of Boston.
3 min read · 13 November 2009
Platinum Equity has completed its previously announced buyout of Pomeroy IT Solutions, Inc., a provider of information technology services, for $6.50 per share.
2 min read · 13 November 2009
The Kenan Advantage Group, Inc., a logistics provider to the petroleum industry, completed its acquisition of the assets of Washington-based Reinhard Transportation. Kenan Advantage Group is backed by Littlejohn & Co, which purchased the company from Sterling Investment Partners in 2005.
2 min read · 13 November 2009
1 min read · 13 November 2009
Sun Capital Partners has sold Timothy's Coffees of the World, Inc. to Green Mountain Coffee Roasters, Inc. for approximately $157 million in cash. The sale returns money to a Sun Capital Partners V.
4 min read · 13 November 2009
1 min read · 13 November 2009
The Riverside Company has acquired Precision Wire Components, a Tualatin, Oregon-based maker of wire used in medical procedures, from its founders for an undisclosed amount. The investment comes Riverside Capital Appreciation Fund V and the firm plans to use the deal as a platform. It marks Riverside's 12th deal this year.
4 min read · 13 November 2009
Voxeo Corporation, a Florida-based communications password technology company, has announced a $9 million minority investment by North Atlantic Capital and the Florida Growth Fund.
4 min read · 13 November 2009
3 min read · 13 November 2009
