1 min read · 24 October 2008
1 min read · 24 October 2008
PNC Equity Partners has acquired The Orthotic Group Inc., a Markham, Ontario-based maker and distributor of prescription orthotics, orthotic footwear and gait analysis equipment to healthcare professionals. No pricing terms were disclosed. Bank of Montreal provided senior debt, while MTN Capital Partners and Orthotic Group management participated alongside PNC on the equity tranche.
2 min read · 24 October 2008
J.W. Childs has acquired Refrigerator Manufacturers Inc., a Santa Fe Springs, Calif.-based provider of large cooler and freezer rooms for major U.S. entertainment destination facilities. No financial terms were disclosed for the deal, which was a restructuring prompted by RMI’s former parent sought creditor protection.
3 min read · 24 October 2008
Sean Sundstrom has joined I- bank Newbury Piret & Company Inc. as a managing director, with a focus on tech, media and telecom M&A. He previously was a director of corporate finance for KPMG Corporate Finance.
2 min read · 24 October 2008
2 min read · 24 October 2008
1 min read · 24 October 2008
1 min read · 23 October 2008
2 min read · 23 October 2008
Carousel Capital has acquired both Driven Brands Inc. and Maaco Franchising Inc. for an undisclosed amount. Senior debt financing was provided by GE Antares, CapitalSource Finance, Golub Capital and Wachovia, while Gleacher Mezzanine and Allied Capital provided sub debt. Driven Brands is the parent company of Meineke Car Care Centers, Econo Lube N’ Tune, AutoQual, Aero Colours, Drive N Style and Tortal.net. Maaco provides franchised auto body repair and painting.
5 min read · 23 October 2008
