PH

PE Hub Staff

Envox Sells for $14 Million

Enghouse Systems Ltd. (TSX: ESL) has acquired Envox Group AB for $14 million. Envox is a provider of IP-based voice self-service and contact center solutions. It has annual revenue of approximately $16 million, and had raised over $5 million in VC funding from firms like Eqvitec Partners and Northzone Ventures.

3 min read · 23 October 2008

Avista Capital Backs Laredo Energy

Laredo Energy IV LP has raised $55 million to acquire, explore and developer natural gas resources in the Lobo Trend of South Texas. Avista Capital Partners led the deal, and was joined by existing shareholders like EnCap Investments.

2 min read · 23 October 2008

Miura PE Completes First Deal

1 min read · 23 October 2008

Rit Amin Joins Houlihan Lokey

Rit Amin has joined Houlihan Lokey as a Los Angeles-based senior vice president in the firm’s private finance practice. He previously was a director in Wachovia Securities' leveraged finance group.

2 min read · 23 October 2008

Whitney Buys Wellman's Engineering Resins Biz

Wellman Inc. (OTC BB: WMAN) has sold its Engineering Resins business to J.H. Whitney & Co. and group management. No financial terms were disclosed. The new company will be known as Wellman Plastics Recycling, and will operator out of Johnsonville, South Carolina.

3 min read · 23 October 2008

Goldman Sachs Cutting 10% of Workforce

1 min read · 23 October 2008

WSJ: Sandy Weill May Launch Private Equity Fund

1 min read · 23 October 2008

Financial markets tables 93

1 min read · 23 October 2008

Financial markets graphs 93

1 min read · 23 October 2008

Invesco Raising Fifth Fund-of-Funds

Invesco is raising up to $500 million for its fifth international private equity fund-of-funds, according to a regulatory filing. www.invesco.com

1 min read · 22 October 2008

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