PE Hub Staff

Advent Eyes Four Seasons Health Care

Stericycle Buying MedServe for $185 Million

Stericycle Inc. (Nasdaq: SRCL) has agreed to acquire MedServe Inc. for $185 million in cash. MedServe is a Bellaire, Texas-based provider of medical and hazardous waste disposal and collection. It had been acquired in 2006 by Avista Capital Partners, Chrysalis Ventures and Murphree Venture Partners.

KPE Says Q1 Value Up Slightly

Barclays In Talks To Sell Asset Management Arm

U.S. Pension Agency Reviewing Investment Contracts

Neuberger Berman Begins Raising New PE Funds

Chaucer In Talks with Pamplona Capital

Citi Infrastructure Out of Gatwick Race

First Reserve Marks Fund XI Down by 15%

First Reserve Corp. marked down its $7.8 billion eleventh fund by 15% at year-end 2008, according to LBO Wire. The energy-focused fund was 68% called down. www.firstreserve.com

Windsong Buys Carlos Falchi

Windsong Brands and Marvin Traub Associates have acquired the Carlos Falchi handbag brand, and named Carlos Fachi as chief designer and creative director of the newly-formed company (Fachi Holdings LLC). No financial terms were disclosed.