Premier Precision Group, a Minneapolis-based contract manufacturer of fabricated and complex precision machined components, has acquired the assets of Phoenix-based Aimco Precision Inc. No financial terms were disclosed. PPG is a portfolio company of Spell Capital Partners.
1 min read · 29 June 2009
2 min read · 29 June 2009
2 min read · 29 June 2009
The Blackstone Group has closed its third European real estate fund with €3.1 billion in capital commitments, compared to a €2.5 billion target. The Park Hill Group, a Blackstone affiliate, served as placement agent.
3 min read · 29 June 2009
1 min read · 29 June 2009
1 min read · 29 June 2009
1 min read · 29 June 2009
Stephen Kessler has joined the California Public Employees' Retirement System (CalPERS) as deputy executive office of operations. He previously served in a similar position with the California Department of Public Health.
2 min read · 28 June 2009
Lime Rock Partners has paid $49.7 million to acquire approximately 19.89 million shares of common stock in Allis-Chalmers Energy Inc. (NYSE: ALY), which represents around a 27.9% ownership position. The position could rise to 39.8%, based on a backstop agreement and preferred stock purchase commitment.
3 min read · 28 June 2009
2 min read · 28 June 2009