3 min read · 02 December 2008
2 min read · 02 December 2008
DeMet’s Candy Co., a portfolio company of Brynwood Partners, has acquired the TREASURES and STIXX confectionery brands from Nestlé USA. No pricing terms were disclosed, although DeMet’s CEO David Clarke says that the transaction was financed via a combination of company cash and Brynwood capital.
2 min read · 01 December 2008
Hawaiian Telcom Communications Inc. has filed for Chapter 11 bankruptcy protection, and says that it will continue operations while restructuring. The company currently has around $75 million of cash on hand. The Carlyle Group formed HTC in 2005, following its $1.65 billion acquisition of Verizon Hawaii from Verizon Communications. The deal included Verizon's Hawaii-based local telephone operations, plus its print directory, long distance and Internet service provider assets.
3 min read · 01 December 2008
Sentica Partners, a Finnish buyout firm focused on the lower middle-markets, has closed its third fund with 50 million in capital commitments. Limited partners include Finnish Industry Investment Ltd., Ilmarinen Pension Insurance Co. and Etera Mutual Pension Insurance Co.
3 min read · 01 December 2008
2 min read · 01 December 2008
Jamie Sprayregen has agreed to rejoin law firm Kirkland & Ellis LLP as a partner in its restructuring practice, effective December 12. He had spent the past three years with Goldman Sachs.
2 min read · 01 December 2008
Fernando Marques Oliveira has joined General Atlantic as head of its Latin American program and head of its office in São Paulo, Brazil. He previously was a director with family investment office Grupo Icatu.
2 min read · 01 December 2008
Bert Koth has joined the London office of Denham Capital Management, where he will focus on opportunities within the global mining sector. He previously worked on M&A and business development with mining company BHP Billiton.
3 min read · 01 December 2008
1 min read · 01 December 2008
