1 min read · 26 October 2009
MidOcean Partners has acquired The Allant Group, a New York-based provider of marketing optimization solutions for the Fortune 100. The deal is being done in partnership with Allant management.
3 min read · 26 October 2009
NewWorld Capital Group has launched as a private equity firm focused on mid-market companies and related infrastructure projects in the clean energy and environmental services space. It will focus on opportunities in the U.S., but also will invest selectively in Europe. Founding partners include: Bradley Abelow (former chief of staff to NJ Governor Jon Corzine, former NJ treasurer and ex-Goldman pro), Bill Hallisey (managing director with GSC Group), Ali Iz (venture partner with CMEA Capital) and Everett Smith (managing director with New Energy Capital). The firm's chairman is Carter Bales, former managing partner of The Wicks Group of Companies.
2 min read · 26 October 2009
Southern Cross Group and Evercore Mexico Capital Partners have agreed to acquire Mexican homebuilder Servicios Corporativos Javer, for an undisclosed amount. The deal is expected to close next month, pending regulatory approvals.
6 min read · 26 October 2009
2 min read · 26 October 2009
Apollo Global Management has completed its tender offer for all of the outstanding shares of common stock Midland, Texas-based Parallel Petroleum Corp. (Nasdaq: PLLL). The total deal is valued at approximately $438 million, or $3.15 per share, including the assumption or repayment of around $351 million in debt. Apollo's equity commitment is $283.2 million.
4 min read · 26 October 2009
2 min read · 26 October 2009
Frank Tannura has joined LaSalle Capital Group as a senior operating advisor. He previously was CEO of Packaging Dynamics Corporation.
1 min read · 26 October 2009
e-Rewards Inc., a Dallas-based provider of online market research panels, has agreed to acquire Research Now PLC, a UK-based online fieldwork and panel firm that is publicly traded on London's AIM. The deal is valued at over £85 million. TA Associates last year acquired a minority stake in e-Rewards, in exchange for a $60 million investment.
3 min read · 25 October 2009
2 min read · 25 October 2009