WP Carey & Co. has named Greg Butchart as director of its Dutch subsidiary. He is a former director of Lehman Brothers' real estate lending group.
2 min read · 25 June 2009
Reader's Digest Association Inc., a portfolio company of Ripplewood Holdings, has agreed to sell the assets of K-12 educational publisher Gareth Stevens Inc. to Roger Rosen (CEO of Rosen Publishing) and Gary Spears (co-founder of Gareth Stevens). No financial terms were disclosed.
2 min read · 25 June 2009
Healthy Directions LLC, a newsletter publisher and provider of physician-branded nutritional supplements, has acquired InnoVision Health Media, publisher of a magazine named Natural Solutions: Vibrant Health, Balanced Living magazine. No financial terms were disclosed for the purchase, which was made out of bankruptcy. Healthy Directions is a portfolio company of ACI Capital and American Securities Capital Partners.
2 min read · 25 June 2009
Bodilsen AS, a Danish maker of wood flat-packed furniture, has filed for bankruptcy protection. EQT Partners bought the company in late 2006 for DKK 1 million, and invested approximatelty DKK 100 million.
2 min read · 25 June 2009
LLR Partners has completed its take-private acquisition offer of I-many (Nasdaq: IMNY), an Edison, N.J.-based provider of enterprise contract management software and services. Under terms of the agreement, I-many stockholders received $0.61 per share, for an overall equity value of approximately $33 million.
3 min read · 25 June 2009
2 min read · 25 June 2009
Six3 Systems Inc., a provider of national security and defense intelligence services, has agreed to acquire Harding Security Associates Inc., a provider of identity intelligence, forensics analysis and security services to the federal government. No financial terms were disclosed for the deal, which is expected to close next month. Six3 Systems is a portfolio company of GTCR.
3 min read · 25 June 2009
1 min read · 25 June 2009
1 min read · 25 June 2009
Legacy Reserves LP (Nasdaq: LGCY), a Midland, Texas-based oil and gas exploration company focused on the Permian Basin and mid-continent regions, said that it is terminating sale talks with Apollo Management. The two sides had been in discussions over a $14 per unit deal that would have valued Legacy's equity at $435 million.
3 min read · 25 June 2009
