The Orthotic Group, an acquisition platform sponsored by PNC Equity Partners, has acquired the Deerfield, N.Y.-based custom orthotics business of Langer Inc. Bank of Montreal provided senior debt, although no additional financial terms were disclosed.
2 min read · 01 December 2008
3 min read · 01 December 2008
3 min read · 01 December 2008
The Blackstone Group has agreed to buy a majority stake in the outsourcing unit of India-based CMS Computers Ltd. The unit, which also manages card solutions and ATM cash management, would be spun off into a new company run by former Microsoft India CEO Rajiv Kaul. CMS would retain a minority ownership position. No financial terms were disclosed.
4 min read · 01 December 2008
2 min read · 01 December 2008
Genstar Capital has agreed to acquire Long Term Care Group Inc. from Advent International and CCP Equity Partners. No financial terms were disclosed. LTCG is an Eden Prairie, Minn.-based provider of outsourced services to the long term care insurance industry and the geriatric care market. It will serve as the cornerstone of a new senior care services platform called UniVita.
6 min read · 01 December 2008
3 min read · 01 December 2008
Presidio Investors has acquired a minority stake in The Interface Financial Group, a Potomac, Md.-based franchisor of professional bookkeeping and invoice discounting services. No financial terms were disclosed. www.interfacefinancial.com
1 min read · 01 December 2008
1 min read · 01 December 2008
1 min read · 01 December 2008
