2 min read · 18 October 2009
3 min read · 16 October 2009
Falconhead Capital has formed GPSI Holdings LLC, a provider of cart-mounted GPS services to golf courses. The deal is being done via the acquisition and rollup of three companies, including bankrupt GPS Industries Inc. Falconhead's partner on the deal is pro golfer Greg Norman.
4 min read · 16 October 2009
PAG Capital Partners has acquired a majority stake in Corporate Technology Solutions LLC, a provider of low-voltage structured cabling installation services in Arizona. No financial terms were disclosed. CTS was advised by The March Group.
3 min read · 16 October 2009
Webster Financial Corp. (NYSE: WBS) has completed its sale of $115 million worth of newly-issued common stock to Warburg Pincus.
2 min read · 16 October 2009
ACON Investments has acquired Fairway Outdoor from Morris Communications Co., for an undisclosed amount. ACON will merge Fairway with Magic Media, an existing portfolio company that also focuses on the outdoor advertising space.
3 min read · 16 October 2009
Mary-Laura Greely has joined McDermott Will & Emery LLP as a Boston-based partner in the firm's corporate department. She previously was head of the private company practice at Mintz, Levin, Cohn, Ferris, Glovsky and Popeo.
3 min read · 16 October 2009
LONDON (Reuters) - A consortium led by Spain's Cosmen family has decided against making a takeover offer for National Express (NEX.L) after spending a month poring over the British bus and train operator's books. National Express said on Friday , however, that the Cosmen family had decided to support a proposed equity fundraising. Last month, Cosmen and private equity partner CVC Capital Partners approached National Express with a proposed 765 million pounds ($1.24 billion) offer worth 500 pence per share, an improvement on a previous 450 pence approach.
2 min read · 16 October 2009
2 min read · 15 October 2009
2 min read · 15 October 2009