1 min read · 12 January 2009
Industrial Opportunity Partners has acquired E.B. Bradley Co., a West Coast manufacturer and distributor of specialty hardware, surfacing products, flooring and woodworking supplies. No financial terms were disclosed. Fifth Third Bank and Stonehenge Partners are providing debt.
3 min read · 12 January 2009
Arsenal Capital Partners has promoted Christopher Johnson to vice president and Jeffrey Moffett to senior associate. Johnson joined the firm last year as a senior associate, while Moffett joined in 2006 as an associate.
2 min read · 12 January 2009
Whit Matthews has joined SL Capital Partners as an investment manager focused on private equity. He previously worked in the University of Pennsylvania’s investment office as an associate.
2 min read · 12 January 2009
Perseus LLC has completed a leveraged recapitalization of Seismic Equipment Solutions, a Houston, Texas-based provider of seismic acquisition equipment and related services to the oil and gas exploration industry. No financial terms were disclosed. Westlake Securities advised SES on the deal.
2 min read · 12 January 2009
One Equity Partners has invested $100 million into Open Range Communications, a Greenwood Village, Colo.-based provider of wireless broadband services to rural communities. The financing fulfills a requirement that will allow Open Range to tap a $267 million broadband access loan from the U.S. Department of Agriculture.
4 min read · 12 January 2009
Darby Overseas Investments has acquired a 32.4% equity stake in Gangwon Wind Power Co. Ltd., South Korea’s largest wind farm operator. No financial terms were disclosed. Darby made the investment out of its $610 million Korea Emerging Infrastructure Fund.
3 min read · 12 January 2009
Vector Capital is has agreed to acquire Israeli security software company Aladdin Knowledge Systems (Nasdaq: ALDN), for approximately $160 million. Aladdin shareholders would receive $11.50 per share in cash, which is a 20% premium to last Friday’s closing price. Last year, Aladdin rejected a $13 per share offer from Vector. Wells Fargo Foothill has committed to provide leveraged financing for the buyout.
3 min read · 12 January 2009
1 min read · 12 January 2009
1 min read · 12 January 2009
