Verso Paper Corp. (NYSE: VRS) announced that Josh Harris of Apollo Management has resigned from the company’s board of directors, and that he will be succeeded by fellow Apollo partner Eric Press.
2 min read · 02 January 2009
5 min read · 02 January 2009
Vanessa Indriolo, director of private equity at Fifth Third Bank, has been elected to the board of the Institutional Limited Partners Association (ILPA). She will serve as two-year term.
2 min read · 02 January 2009
4 min read · 02 January 2009
Atlantic Marine Holding Co., a portfolio company of J.F. Lehman & Co., has acquired two companies: Millennium Industrial and Marine Solutions Inc., a steel and pipe fabrication company specializing in on-site drill rig and offshore vessel repair and conversion, and Boston Ship Acquisition LLC, a dry dock operator and provider of maintenance, repair, overhaul and conversion services for non-U.S. Navy government vessels and cruise ships. No financial terms were disclosed.
3 min read · 31 December 2008
César SA has sold its Halloween costume and décor unit, Disguise Inc., and a related Hong Kong entity to JAKKS Pacific Inc. (Nasdaq: JAKK) for $28.3 million. César is a portfolio company of France-based Butler Capital Partners.
3 min read · 31 December 2008
Royston Run-Off Ltd., an indirect subsidiary of Enstar Group Ltd. (Nasdaq: ESGR), has completed its acquisition of Unionamerica Holdings Ltd. from St. Paul Fire and Marine Insurance Company. The $341.3 million deal was partially financed by $49.1 million in private equity from J.C. Flowers & Company.
2 min read · 31 December 2008
2 min read · 31 December 2008
3 min read · 31 December 2008
2 min read · 31 December 2008
