2 min read · 03 February 2009
Small Bone Innovations has completed its acquisition of Link America Inc., developer of an ankle replacement system, from Waldemar Link Gmbh & Co. No financial terms were disclosed for the deal, which was first announced in early 2008. SBI was formed in May 2004 by the principals of Viscogliosi Brothers LLC, to developer and acquire technologies in the small bone and joined sector.
6 min read · 03 February 2009
Sorenson Capital has acquired International Development Corp., a Roanoke, Texas-based provider of solar and other alternative residential outdoor lighting products. No pricing terms were disclosed. Leveraged financing was provided by NewSpring Mezzanine, Calvert Street Capital Partners and Patriot Capital.
3 min read · 03 February 2009
1 min read · 03 February 2009
2 min read · 03 February 2009
Insituform Technologies Inc. (Nasdaq: INSU) has agreed to acquire Corrpro Companies Inc. (OTYC BB: CRRP) for approximately $91 million. Corrpro is a Medina, Ohio-based maker of corrosion control engineering services, systems and equipment. Its shareholders include American Capital and Wingate Partners.
3 min read · 03 February 2009
GMT Communications Partners has refinanced the senior debt facilities of portfolio company Redext, a company formed in 2005 to acquire three independent outdoor advertising groups in Spain.
2 min read · 03 February 2009
HD Supply and The Home Depot have reached an agreement related to post-closing purchase price adjustments resulting from the $8.5 billion buyout of HD Supply in August 2007. Under terms of the deal, HD Supply will receive a $22 million payment from Home Depot, plus other non-cash considerations. HD Supply was bought by Bain Capital, The Carlyle Group and Clayton, Dubilier and Rice. Home Depot retained a 12.5% equity stake.
3 min read · 03 February 2009
Michigan Orthopedic Services, a portfolio company of Huron Capital Partners, has acquired Lansing, Mich.-based O&P Professional Care. No financial terms were disclosed.
2 min read · 03 February 2009
Mitch Scherzer has joined The Silverfern Group as a managing director. He previously ran JP Morgan’s media investment banking practice.
2 min read · 03 February 2009