J.C. Flowers & Co. and Metalmark Capital have completed their sale of Direct Response Corp. to an affiliate of Unitrin Inc. (NYSE:UTR) for approximately $200 million. The original deal value had been around $220 million. Direct Response is a Meriden, Conn.-based seller of personal automobile insurance.
2 min read · 17 February 2009
Milestone Partners has formed Callidus Holdings LLC, an acquisition platform focused on the legal support services market. Its first transaction is the recapitalization of Black Letter Discovery Inc., a San Francisco-based provider of discovery and document review solutions to law firms and corporate legal departments. No financial terms were disclosed.
2 min read · 17 February 2009
2 min read · 17 February 2009
1 min read · 17 February 2009
1 min read · 17 February 2009
CDC Group has committed $15 million each to a pair of microfinance funds: India Financial Inclusion Fund, managed by Caspian Capital Partners, and Catalyst Microfinance Investors.
2 min read · 17 February 2009
KRG Capital Partners has made an investment in Federal Flange Ltd., a Houston-based maker of oilfield hardware. No financial terms were disclosed.
2 min read · 17 February 2009
1 min read · 17 February 2009
1 min read · 17 February 2009
1 min read · 17 February 2009
