2 min read · 03 December 2008
2 min read · 03 December 2008
Avista Capital Partners next week will close its second fund with around $1 billion in capital commitments, according to LBO Wire. It had originally targeted $1.5 billion. www.avistacap.com
1 min read · 03 December 2008
New Mountain Capital has acquired a majority stake in Camber Corp., a Huntsville, Ala.-based provider of IT, engineering and training services to federal government agencies like the U.S. Department of Defense. No financial terms were disclosed for the deal, which includes equity investment by Camber management.
3 min read · 03 December 2008
Michael Cerminaro has left BlackRock Private Equity Partners, the fund-of-funds arm of BlackRock, according to LBO Wire. He was one of the group’s original three senior executives. No future plans were reported. www.blackrock.com
1 min read · 03 December 2008
Don Jones has joined Kairos Capital Partners as a general partner, after previously having served as chairman and CEO of POGAN Retail LLC. Karios is a private equity firm focused on the retail and consumer products spaces. It has offices in Boston and New York.
3 min read · 03 December 2008
1 min read · 03 December 2008
1 min read · 03 December 2008
AEterna Zentaris Inc. (Nasdaq: AEZS) has completed the previously-announced sale of its rights to royalties on future sales of Cetrotide to Cowen Healthcare Royalty Partners. The deal is valued at $52.5 million, plus another $2.5 million in possible earnouts. Cetrotide is a treatment for in virto fertilization.
2 min read · 03 December 2008
Providea Inc., a Camarillo, Calif.-based provider of video conferencing solutions and managed services, has acquired Quincy, Mass.-based Videré Conferencing Inc. No financial terms were disclosed. Providea is a portfolio company of Westview Capital Partners, following a recap and growth equity investment earlier this year.
3 min read · 03 December 2008
