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King & Spaulding Adds Restructuring Partner

Michael Rupe has joined King & Spaulding as a New York-based partner in the law firm's restructuring group. He previously was with Katten Muchin Rosenman LLP.

3 min read · 01 June 2009

Platinum Equity To Buy Most Delphi Assets

2 min read · 01 June 2009

ITEL Labs Bulks Up

ITEL Laboratories, a Jacksonville, Fla.-based provider of independent test lab services for the property industry, has acquired SidingMatch and its sister company RoofingMatch. No financial terms were disclosed. ITEL is a portfolio company of The Riverside Company.

2 min read · 01 June 2009

Brookstone Partners Launches Advisory Group

Brookstone Partners, a mid-market private equity firm, has launched an independently-operated investment advisory group called Brookstone Partners Asset Management.

3 min read · 01 June 2009

Railroad Track Equipment Co. Nordco Switches Sponsors

OMERS has agreed to buy Nordco Inc., an Oak Creek, Wisc.-based maker of railroad track equipment, from The Riverside Company. No financial terms were disclosed, although Riverside announced that the deal produced a 5.1x gross cash-on-cash return. GE Capital and Allied Capital provided acquisition financing.

2 min read · 01 June 2009

Mistral PIPEs Jamba Juice

Mistral Equity Partners has invested $19.55 million in juice-maker Jamba Inc. (Nasdaq: JMBA), as part of a $35 million convertible preferred stock placement. The remainder was purchased by Canada's Serruya family.

4 min read · 01 June 2009

Bill Morrow Leaving Mid Europea Partners

Bill Morrow will retire as managing director and chief operating officer of Mid Europa Partners, effective next month. He will be succeeded as COO by Jacques du Preez, who joins the firm from Pond Venture Partners.

2 min read · 01 June 2009

Spain's Grupo SAR Raises Growth Capital

Grupo SAR, a Spanish provider of residential and home care services to the elderly, has raised an undisclosed amount of growth equity funding from Palamon Capital Partners and G Square.

4 min read · 01 June 2009

Judge Okays Chrysler Sale to Fiat

3 min read · 01 June 2009

TNT Denies Royal Mail Offer, Says It's Still Interested

2 min read · 01 June 2009

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