3 min read · 07 April 2009
1 min read · 07 April 2009
2 min read · 07 April 2009
2 min read · 06 April 2009
Arthur Peponis has joined Angelo, Gordon & Co. as co-head of private equity and special situations. He previously was with Goldman Sachs as a partner in the firm’s financial sponsors group.
2 min read · 06 April 2009
KT Capital Partners has acquired ConArt Inc., a provider of concrete products for commercial, industrial and public buildings in the Southeastern United States. No financial terms were disclosed. Corporate Finance Associates advised ConArt on the sale.
2 min read · 06 April 2009
1 min read · 06 April 2009
2 min read · 06 April 2009
CapX Partners, a Chicago-based provider of debt to the lower middle-markets, plans to target around $225 million for its fourth fund, according to LBO Wire. It is currently investing out of a $150 million third fund that closed in 2005. www.capxpartners.com
1 min read · 06 April 2009
Apollo Management has offered to acquire Legacy Reserves LP (Nasdaq: LGCY), a Midland, Texas-based oil and gas exploration company focused on the Permian Basin and mid-continent regions. Legacy unit-holders would receive $14 per unit (40% premium to Friday’s closing price), for a total equity value of $435 million. Legacy management has signaled that it would be retained, were the deal to be approved.
4 min read · 06 April 2009