ComVest Group has been completed its $81 million acquisition of Cynergy Data LLC, a payments processor that filed for Chapter 11 bankruptcy protection earlier this fall.
4 min read · 29 October 2009
Smarterville Inc., a provider of supplemental educational content like Hooked on Phonics, has acquired selected operating and brand assets of Educational Resources Inc. and Sunburst Technology Corp. No financial terms were disclosed. Smarterville is a portfolio company of Sterling Partners.
1 min read · 29 October 2009
2 min read · 29 October 2009
Coachman Industries Inc. (OTC BB: COHM), an Elkhart, Ind.-based home construction company, has raised $20 million in debt financing from an affiliate of H.I.G Capital. The deal includes $10 million of convertible debt funded at closing and a $10 million revolving line of credit.
4 min read · 29 October 2009
Franklin Myers has joined Paine & Partners as an operating advisor, with a focus on energy investment opportunities. He is a former advisor and senior executive with Cameron International Corp.
3 min read · 29 October 2009
American Securities has completed its $38 per share tender offer for GenTek Inc. (Nasdaq: GETI), a Parsippany, N.J.-based maker of inorganic chemical products and valve actuation systems and components for automotive and heavy-duty engines. The acquisition is expected to close shortly, at a total value of approximately $673 million (including $262m of assumed debt and liabilities).
2 min read · 29 October 2009
EQT Partners has agreed to acquire Bulgarian cable television companies Eurocom and CableTel, at a combined enterprise value of more than €200 million. It plans to merge the companies and invest additional capital, alongside current CableTel shareholder Ron Finley.
5 min read · 29 October 2009
2 min read · 29 October 2009
2 min read · 29 October 2009
2 min read · 29 October 2009