1 min read · 25 November 2008
1 min read · 25 November 2008
MidCap Financial LLC has launched as a Bethesda, Md.-based commercial finance company that will focus on middle-market lending to the healthcare industry. It has secured over $500 million in capital commitments from Lee Equity Partners, Genstar Capital and Moelis Capital Partners. It has also secured a long-term debt facility led by Wells Fargo Foothill. MidCap will be run by the former senior management team of Merrill Lynch Capital Healthcare Finance, including its founder Howard Widra.
5 min read · 25 November 2008
2 min read · 24 November 2008
Francisco Partners, a San Francisco-based buyout firm, has completed its acquisition of API Software Inc., a Wisconsin-based maker of labor management software for the healthcare market. No financial terms were disclosed.
3 min read · 24 November 2008
Barclays Private Equity and Investcorp have acquired N&W Global Vending from Argan Capital and Merrill Lynch Global Private Equity. No financial terms were disclosed, although a Dow Jones report puts the price at around $960 million (including $750m in leveraged loans). N&W is an Italian manufacturer of food and beverage vending machines.
4 min read · 24 November 2008
Won Park has joined Covington Associates as an analyst. He previously was an analyst in Piper Jaffray’s financial institutions group.
1 min read · 24 November 2008
3 min read · 24 November 2008
Crown Capital Partners has raised C$250 million for a new fund that will make private equity and debt investments in mid-market Canadian companies.
1 min read · 24 November 2008
Charles-Henri Filippi has joined CVC Capital Partners as a senior advisor. He is the former chairman and CEO of HSBC France.
3 min read · 24 November 2008
