PSC Info Group, a portfolio company of Roark Capital Partners, has acquired North Shore Agency, a Melville, N.Y.-based provider of outsourced data management services. No financial terms were disclosed.
2 min read · 30 October 2009
Kirtland Capital Partners has named Tom Littman president and senior partner. John Nestor will become chairman, while maintaining his roles as CEO and senior managing partner. Littman joined Kirtland in 1995, while Nestor joined in 1986.
2 min read · 30 October 2009
1 min read · 30 October 2009
Equinix Inc. (Nasdaq: EQIX) has agreed to acquire Switch & Data Facilities Co. (Nasdaq: SDXC) for approximately $689 million in cash and stock. The deal is expected to close in Q1 2010. Switch & Data had raised private equity funding before going public in 2007, and PE backers CapStreet Group and Seaport Capital still hold minority stakes.
5 min read · 30 October 2009
Southfield Capital Advisors has agreed to sell Dealers’ Financial Services to Dollar Financial Corp. (Nasdaq: DLLR), for approximately $118 million in cash. Dealers' Financial is a Lexington, Ky.-based provider of services to enlisted junior military personnel seeking to purchase new and low mileage automobiles. It was acquired by Southfield Capital in November 2006.
3 min read · 30 October 2009
1 min read · 30 October 2009
American Industrial Partners has acquired the operating assets of Celerity Inc.'s systems integration business. No financial terms were disclosed. TPG Capital acquired Celerity in early 2006, and it also has received funding from Sovereign Capital and Tennenbaum Capital Partners.
2 min read · 30 October 2009
1 min read · 30 October 2009
Hamilton Robinson Capital Partners has led a buyout of Spartech Industries Inc., the wheels unit of Spartech Corp. No financial terms were disclosed.
2 min read · 30 October 2009
Global Infrastructure Partners has acquired up to a 40% convertible preferred interest in Terra-Gen Power Holdings LLC, an owner and/or operator of over 800 megawatts of renewable power facilities in the U.S. The seller is Arclight Capital Partners, which will retain an interest in Terra-Gen. No financial terms were disclosed.
2 min read · 30 October 2009
