1 min read · 04 November 2008
2 min read · 04 November 2008
Goodwin Procter LLP is opening an office in Hong Kong, which will be its first outside of the U.S. It will be led by partners Yash Rana and Brian McDaniel, who represent VC and PE firms that are raising funds and investing in Asian companies.
4 min read · 03 November 2008
2 min read · 03 November 2008
3 min read · 03 November 2008
Sage Holdings, a communications platform sponsored by The Riverside Co., has acquired Hallvarsson & Halvarsson, a Swedish corporate communications and web services firm. No financial terms were disclosed for the deal, which included equity from Riverside Europe Fund III.
3 min read · 03 November 2008
Asia Alternatives has closed its second Asian private equity fund-of-funds with $950 million in capital commitments. It had been targeting $850 million, after having closed its debt vehicle in May 2007 with $515 million. CP Eaton served as placement agent, while limited partners included California Institute of Technology, CalPERS, New York State Common Retirement Fund, OHIM Asia Investors, OMERS, Pennsylvania State Employees' Retirement System, Warren Hellman and Arthur Rock.
3 min read · 03 November 2008
Odyssey Investment Partners has agreed to acquire SM&A (Nasdaq: WINS), a –based management consulting firm for procurement projects. The deal is valued at $119.6 million, or $6.59 per SM&A share (159% premium to last Thursday’s closing price). Caltius Mezzanine is providing financing, while Wedbush Morgan Securities is advising SM&A.
3 min read · 03 November 2008
Kirtland Capital Partners has completed its sale of Essex Crane Rental Corp. to Hyde Park Acquisition Corp. for $210 million. Essex provides lattice-boom crawler cranes and attachments, and was acquired by Kirtland in May 2000. Hyde Park is a blank check acquisition company that has changed its name to Essex Crane Rental Corp., and will trade on the Nasdaq.
2 min read · 03 November 2008
The Shawmark Group, a private equity firm focused on service providers to the U.S. intelligence community, has acquire Aspiration Software Inc., a Front Royal, Va.-based provider of IT services to the U.S. government. No financial terms were disclosed. The company will now be run by Jon Stout, a partner with Shawmark.
2 min read · 03 November 2008
