1 min read · 13 March 2009
Michael Hobbs has joined St. Charles Capital as a managing director in the firm's financial services practice. He previously was with Keybanc as president of the Rocky Mountains Region.
2 min read · 13 March 2009
2 min read · 13 March 2009
1 min read · 13 March 2009
2 min read · 13 March 2009
Pennant Foods, a provider of bakery products to the food service and retail markets, has agreed to acquire a portion of the General Mills Bakeries and Food Service frozen bread dough business. No financial terms were disclosed. Pennant is a unit of Fresh Start Bakeries, a platform company sponsored by Lindsey Goldberg LLC.
2 min read · 13 March 2009
Gen Cap America has sold Hobby Lobby International Inc. to Family Time Hobbies LLC, a holding company controlled by Nashville-based entrepreneur Mark Cleveland. No financial terms were disclosed. Hobby Lobby is a Brentwood, Tenn.-based distributor and retailer of model airplanes, helicopters, boats and accessories.
3 min read · 13 March 2009
1 min read · 13 March 2009
The Gores Group is raising its third fund with a $1.5 billion target, according to LBO Wire. The Los Angeles-based buyout firm raised $1.3 billion for its second fund in 2007. www.gores.com
1 min read · 13 March 2009
VF Corp. (NYSE: VFC) has acquired the remaining two-thirds of sportswear maker Mo Industries from Summit Partners and Mo Industries founder Moise Emquies. The deal was valued at $161 million, plus the repayment of $47 million in existing net debt. VF Corp. had acquired the initial one-third stake last June.
3 min read · 13 March 2009
