1 min read · 24 February 2009
1 min read · 24 February 2009
The Ontario Municipal Employees Retirement System (OMERS) reported a 2008 net investment loss of approximately C$8 billion. Its private equity rate-of-return was -13.7 percent.
4 min read · 24 February 2009
Jupitermedia Corp. (Nasdaq: JUPM) has completed the sale of its online images business to Getty Images Inc. for $96 million in cash. Hellman & Friedman took Getty private last year for $2.3 billion.
1 min read · 24 February 2009
Metals USA Holdings Corp., a portfolio company of Apollo Management, has acquired substantially all of the operating assets of VR Laser, a Philadelphia-based metal processor of carbon plate products. Mo financial terms were disclosed. Metals USA is in registration for a $200 million IPO.
2 min read · 24 February 2009
First Nations Capital Partners has acquired Able Card Corp., a Duarte, Calif.-based maker of plastic cards. No financial terms were disclosed. This is the first transaction for FNCP, which was formed last year as the nation’s first Native American tribe-controlled private equity fund.
3 min read · 24 February 2009
FdG Associates has acquired a majority stake in Joseph B. Fay Co. No financial terms were disclosed, except that the deal was worth less than $100 million. Joseph B. Fay is a Russellton, Penn.-based provider of construction services for hard-to-reach infrastructure.
4 min read · 24 February 2009
2 min read · 24 February 2009
1 min read · 24 February 2009
1 min read · 24 February 2009