Golden Gate Capital has completed its acquisition of the J. Jill apparel brand from The Talbots Inc. (NYSE: TB) for approximately $75 million.
2 min read · 02 July 2009
2 min read · 02 July 2009
Hyland Software Inc., a Cleveland-based provider of enterprise content management software, has acquired Valco Data Systems, which focuses on the healthcare sector. No financial terms were disclosed. Hyland is a portfolio company of Thoma Bravo.
3 min read · 02 July 2009
ArcLight Capital Partners has agreed to acquire the majority of PPL Corp.'s (NYSE: PPL) hydroelectric generation business in Maine. The deal is valued at approximately $95 million.
3 min read · 02 July 2009
American Education Group, a Grand Rapids, Mich.-based for-profit private school operator, has raised $10 million from Glencoe Capital. AEG was formed in 2007 by Winona Capital Management and Chicago Growth Partners.
2 min read · 02 July 2009
2 min read · 02 July 2009
Global Safety Textiles Holdings LLC, a Greensboro, N.C.-based unit of WL Ross & Co.'s International Textile Group Inc., has filed for Chapter 11 bankruptcy protection.
1 min read · 02 July 2009
Kayne Anderson Capital Advisors has closed its fifth fund with $820 million in capital commitments. The Houston-based firm focuses on the North American oil and gas sector.
1 min read · 02 July 2009
Arsenal Capital Partners has sold Sermatech, a Pottstown, Penn.-based maker of protective coatings and processes used on industrial and aviation gas turbines, to Praxair Surface Technologies, a subsidiary of Praxair Inc. (NYSE:PX). No financial terms were disclosed. Sermatech last year generated $116 million in revenue, and has 625 employees.
2 min read · 02 July 2009
Graceway Pharmaceuticals LLC, a portfolio company of GTCR Golder Rauner, has agreed to acquire the global commercial rights to three investigational dermatological molecules from Pfizer (NYSE: PFE). No financial terms were disclosed.
3 min read · 02 July 2009