1 min read · 18 August 2009
2 min read · 18 August 2009
2 min read · 18 August 2009
Tenaska Capital Management and Energy Spectrum Partners have formed Frontier Gas Services LLC, a joint venture that will acquire and operate midstream natural gas infrastructure assets. The firms are committing upwards of $250 million, combined.
4 min read · 18 August 2009
Wynnchurch Capital has completed its acquisition of bankrupt auto parts supplier Proliance International Inc., for $21.5 million. Leveraged financing was provided by The Private Bank.
3 min read · 18 August 2009
Global Learning, a Cary, N.C.-based provider of IT and business training, has agreed to acquire Nexient Learning, a Canadian corporate training and talent development company. Global Learning is a portfolio company of Welsh, Carson, Anderson & Stowe.
2 min read · 18 August 2009
Hertz Global Holdings Inc. (NYSE: HTZ) has acquired the assets of Automoti Group Inc., an online marketplace for consumers to directly purchase used cars. No financial terms were disclosed. Hertz was acquired in a 2005 buyout by The Carlyle Group, Clayton Dubilier & Rice and Merrill Lynch Global Private Equity. The firms still hold a majority stake.
3 min read · 18 August 2009
1 min read · 18 August 2009
Tom Tuft has agreed to join Lazard as chairman of the firm's global capital markets advisory, and vice chairman of U.S. investment banking. He begins work at Lazard in November, and previously was chairman of Goldman Sachs' equity capital markets group.
4 min read · 18 August 2009
Primesight Ltd., a UK outdoor advertising company owned by GMT Communications Partners, has acquired the roadside assets of Titan Outdoor Asdvertising Ltd. No financial terms were disclosed for the deal, which includes 8,600 panels, consisting of 7,900 48-sheet panels and 700 96-sheet panels.
3 min read · 18 August 2009