4 min read · 04 December 2008
FirstOnSite, a Canadian disaster recovery company owned by TorQuest Partners, has acquired Spring Fresh Cleaning & Restoration Canada Inc. of Grande Prairie, Alberta and Airkem Damage Restoration Services of Sault Ste. Marie, Ontario. No financial terms were disclosed.
2 min read · 04 December 2008
1 min read · 04 December 2008
Pequot Capital has closed its third special opportunities fund with $453 million in capital commitments, according to LBO Wire. The firm’s second special opportunities fund had closed four years ago with $200 million. www.pequotcap.com
1 min read · 04 December 2008
Ares Management has postponed the final closing of its third corporate opportunities fund into 2009, according to LBO Wire. The Los Angeles-based firm already has secured more than $3 billion for the fund, which has a $4 billion target. www.aresmgmt.com
1 min read · 04 December 2008
1 min read · 04 December 2008
Welsh, Carson, Anderson & Stowe has hired Scott Bontempo, Jeffrey Gallant and Daniel Pelak as senior operating executives. Bontempo previously was a lead human resources executive with Cerberus Capital Management. Gallant was vice president of procurement with Bell Canada. Pelak was CEO of InnerPule and, before that, CEO of Closure Medical Corp. www.welshcarson.com
1 min read · 04 December 2008
AssetNation Inc., a Houston-based provider of online industrial auctions, has acquired AssetAuctions LLC, a provider of asset recovery, appraisal and inventory online auction services for the industrial, commercial and government markets. No financial terms were disclosed. AssetNation is a portfolio company of Spire Capital Partners.
4 min read · 04 December 2008
AAMP of America Inc., a portfolio company of Audax Group, has acquired Select Products, a provider of mobile installation products, fabrication products and installer training programs. No financial terms were disclosed.
2 min read · 04 December 2008
2 min read · 04 December 2008