Vanterra Capital
3 min read · 18 November 2008
IPC Systems Inc., a portfolio company of Silver Lake Partners, has agreed to sell its Command Systems (PPSS) unit to West Corp. for approximately $167 million. PPSS provides premise-based public safety solutions that enable enhanced 911 services. Silver Lake bought IPC from GS Capital Partners two years ago for approximately $800 million.
4 min read · 18 November 2008
Whitcraft, a portfolio company of Golub Capital, has acquired Reliable Manufacturing Co., a Bloomfield, Conn.-based maker of precision components for the aerospace industry. The deal included $25 million in subordinated notes arranged by Golub.
2 min read · 18 November 2008
Canterbury Park Capital has acquired around 58.2 million additional common shares of Paragon Pharmacies Ltd. (TSX: PGN), for around C$23.2 million. It now holds over 68 million shares, or a 69.9% ownership position.
1 min read · 18 November 2008
American Internet Services Inc., a San Diego-based provider of data center co-location services, has acquired San Diego data center Complex Drive. No financial terms were disclosed. Seaport Capital recently acquired AIS, alongside Viridian Investment Partners and DuPont Capital Management.
3 min read · 18 November 2008
Wellman Inc., a bankrupt portfolio company of Warburg Pincus, said that the court has approved its reorganization plan. This company will sell $120 million of convertible notes via a rights offering in exchange for $90 million in cash, with its first and second-lien holders tol receive 70% and 30% of its common stock, respectively.
3 min read · 18 November 2008
Pennington Allen Capital Partners has acquired the 25% stake it did not already own in Bliss Industries LLC, a Ponca City, Okla.-based maker of hammermills, pelletmills, coolers and related equipment. No financial terms were disclosed. As part of the transaction, Bliss president Greg Alles will take over as CEO, with company founder Bill Bliss retiring.
3 min read · 18 November 2008
Rotorcraft Leasing Company LLC, a Broussard, La.-based portfolio company of H.I.G. Capital, has acquired of the production management flight services business of Bristow Group Inc. (NYSE:BRS). No financial terms were disclosed.
3 min read · 18 November 2008
3 min read · 18 November 2008
3 min read · 18 November 2008
