2 min read · 12 July 2009
2 min read · 11 July 2009
Howard Yellen has joined Patriarch Partners as an executive vice president, and head of a newly-formed Defence and Intragency platform. Yellen is a retired brigadier general and previously was VP of business development for L-3 Communications.
2 min read · 10 July 2009
Steven Mermelstein and David Wood have joined the healthcare team of Covington Associates as a managing director and vice president, respectively. They previously were with Ferghana Partners.
3 min read · 10 July 2009
Vocollect Inc., a Pittsburgh-based provider of voice solutions for workforce management of mobile workers, has raised $15 million in growth equity funding from Riverside Partners, according to a regulatory filing. The investment was previously disclosed, but without a dollar amount. www.vocollect.com
1 min read · 10 July 2009
2 min read · 10 July 2009
Oak Hill Capital Partners has agreed to make a $125 million preferred equity investment in Duane Reade Holdings Inc., a drug store chain that Oak Hill bought for $700 million in 2004.
4 min read · 10 July 2009
Thoma Bravo has increased its buyout offer for Entrust (Nasdaq: ENTU), from $1.85 per share to $2 per share. The move increases the deal’s size from $114 million to $124 million, and Thoma Bravo would receive a $2 million termination fee if Entrust shareholders reject the offer. Entrust is a Dallas–based company that secures digital identities and information for consumers.
4 min read · 10 July 2009
1 min read · 10 July 2009
3 min read · 10 July 2009