1 min read · 13 November 2008
2 min read · 12 November 2008
1 min read · 12 November 2008
Platinum Equity has completed its acquisition of SCM Metal Products Inc. from Gibraltar Industries Inc. (Nasdaq: ROCK), for an undisclosed amount. SCM makes and distributes copper-based powder and pastes and copper oxide powders.
2 min read · 12 November 2008
3 min read · 12 November 2008
Paolo Cantarella has joined Advent International as an operating partner focused on the industrial sector. He previously served as CEO of Fiat SpA between 1996 and 2002.
2 min read · 12 November 2008
The Carlyle Group has sold Crest Communications Corp. to Alaska Communications Systems Group Inc. (Nasdaq: ALSK) for approximately $70 million. Crest is a Hillsboro, Ore.-based owner and operator of fiberoptic cables connecting Alaska to the mainland U.S. and Alaskan cities to each other. It wa was bought out of bankruptcy by Carlyle for approximately $30 million in 2002.
3 min read · 12 November 2008
AEterna Zentaris Inc. (Nasdaq: AEZS) has agreed to sell Cowen Healthcare Royalty Partners its rights to royalties on future sales of Cetrotide, covered by AEterna's license agreement with Merck Serono. The agreement with Cowen is valued at $52.5 million, plus another $2.5 million in possible earnouts. Cetrotide is a treatment for in virto fertilization.
3 min read · 12 November 2008
Palamon Capital Partners has acquired a "significant" stake in DS Produkte, a German provider of multi-channel consumer goods supplier. No financial terms were disclosed.
2 min read · 12 November 2008
GTCR has committed up to $250 million to form a new medical device acquisition platform called Devicor Medical Products LLC. The Pleasant Prairie, Wis.-based company will be run by Thomas Daulton, a former senior executive with Cardinal Health.
3 min read · 12 November 2008
