Aquiline Capital Partners has invested an undisclosed amount in HedgeServ Holding LP, a hedge fund and fund-of-hedge fund administrator with offices in New York and Dublin, Ireland.
2 min read · 18 March 2009
Shari’s, an operator of 24-hour family dining restaurants in the Northwestern U.S., has acquired four Bakers Square locations in the San Francisco area, from Vicorp Restaurants Inc. No financial terms were disclosed. The restaurants will be rebranded over the next several weeks. Circle Peak Capital led a buyout of Shari’s in 2005, while Vicorp is a Wind Point Partners portfolio company that filed for Chapter 11 bankruptcy protection last April.
2 min read · 18 March 2009
1 min read · 18 March 2009
Calyx Transportation Group Inc., a transportation and logistics company majority-owned by Wynnchurch Capital Partners, has made three acquisitions: Totalline Transport, Kreative Carriers Transportation & Logistics Services Inc. and Bransam Logistics Services Inc. No financial terms were disclosed. Each of the acquired companies will become separate operating subsidiaries of Calyx Transportation.
3 min read · 18 March 2009
Vicente Capital Partners has raised $15 million in additional commitments for its debut growth equity fund, bringing the total to $165 million. New LPs include Credit Suisse and the State of Connecticut. Los Angeles-based Vicente will invest between $5 million and $15 million in companies that have between $2 million and $25 million in revenue and up to $5 million of EBITDA. Vicente was previously known as Kline Hawkes & Co., although Frank Kline is not part of the new effort. In related news, Vicente announced its first portfolio company: MedBridge Healthcare, a Greenville, S.C.-based provider of sleep diagnostic and respiratory therapy services.
2 min read · 18 March 2009
Frederick Frank and Mary Tanner have joined Peter J. Solomon & Co. as vice chairman and managing director, respectively. They will help launch and lead the firm’s global pharmaceutical and life sciences practice. Frank most recently served as vice chairman of Barclays Capital, while Tanner ran investment and advisory firm Life Sciences Partners.
4 min read · 18 March 2009
1 min read · 18 March 2009
3 min read · 18 March 2009
2 min read · 17 March 2009
1 min read · 17 March 2009
