PH

PE Hub Staff

Consona Buys Support.com Enterprise Software Biz

Consona Corp., Indianapolis-based provider of enterprise customer management and process solutions, has acquired the enterprise software business of Support.com (Nasdaq: SPRT). The all-cash deal was worth $20 million. Consona is owned by Battery Ventures and Thoma Cressey Equity Partners.

2 min read · 25 June 2009

Providence Equity Raising Second Debt Fund

1 min read · 25 June 2009

ZeniMax Media Buys DOOM Maker

ZeniMax Media Inc., a Rockville, Md.-based game publisher backed by Providence Equity Partners, has acquired id Software, creator of games like DOOM and QUAKE. No financial terms were disclosed. Providence bought $300 million of convertible preferred stock in ZeniMax 18 months ago, for around a 25% ownership stake.

4 min read · 25 June 2009

AIG To Spin Off Two Units, Cut Gov't Debt

2 min read · 25 June 2009

KPMG Names U.S. Restructuring Chief

KPMG has named Drew Koecher as head of its U.S. restructuring services group. He most recently was service leader for KPMG's transaction services group and was Americas leader for global accounting advisory services.

3 min read · 25 June 2009

Advent Investing $142 Million Into Brazilian Education Company

Advent International has agreed to invest R$280 million (US$142m) into the parent company of Brazilian private education company Kroton Educacional SA (Bovespa: KROT11). Following the transaction, Advent would indirectly hold a 28% stake in Kroton.

5 min read · 25 June 2009

Jim Lilly Joins Cowen Group from Merrill Lynch

Jim Lilly has joined Cowen Group Inc. as a managing director, with responsibility for leading the firm's healthcare services I-banking practice. He previously was a managing director in Merrill Lynch's global healthcare group.

2 min read · 25 June 2009

Technitrol Completes $200 Million Medtech Divestiture

3 min read · 25 June 2009

UBS Names New Asia-Pacific CEO

2 min read · 25 June 2009

Monier Lenders Approve Restructuring Deal

1 min read · 25 June 2009

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