Integrated A/V Systems LLC, a Houston-based portfolio company of Rock Hill Capital Group, has acquired a majority stake in Creative Presentations Inc., a New Orleans-based A/V integrator. No financial terms were disclosed.
2 min read · 26 October 2009
2 min read · 26 October 2009
TopTenReviews, an Ogden, Utah-based provider of expert tech and entertainment reviews, has acquired the consumer media division of Imaginova Inc. No financial terms were disclosed for the deal, which includes Space.com, LiveScience.com and Newsarama.com. TopTenReviews raised $6 million in 2007 from Highway 12 Ventures and Village Ventures.
3 min read · 26 October 2009
1 min read · 26 October 2009
2 min read · 26 October 2009
1 min read · 26 October 2009
Ares Capital Corp. (Nasdaq: ARCC) has agreed to acquire Allied Capital Corp. (NYSE: ALD). The all-stock deal is valued at $648 million, or approximately $3.47 per Allied share (27.38% premium to Friday's closing price).
5 min read · 26 October 2009
Andrew Bonnano has joined Kohlberg & Co. as managing director of business development. He previously was VP of business development for American Capital's New York-based buyouts team.
2 min read · 26 October 2009
Jonathan Bloom has joined Ropes & Gray LLP as a London-based partner in the law firm's debt financing practice. He previously was a partner in the high yield practice of White & Case.
2 min read · 26 October 2009
Builders FirstSource Inc. (Nasdaq: BLDR), a residential construction company, has agreed to a recapitalization that would include a $205 million common stock rights offering and debt exchange. The offering would be backstopped by existing shareholders JLL Partners and Warburg Pincus, which hold a combined 49.9% stake.
6 min read · 26 October 2009
