River Associates Investments has sponsored a recapitalization of Boxercraft Inc., an Atlanta-based maker of specialty apparel like licensed collegiate clothing. The deal included a $21 million one-stop financing from Patriot Capital Funding.
2 min read · 03 October 2008
2 min read · 03 October 2008
1 min read · 03 October 2008
1 min read · 03 October 2008
Stone Point Capital has completed its sale of Wayne, Pa.-based wireless handset insurer Signal Holdings LLC to Assurant Inc. (NYSE: AIZ) for $250 million in cash.
2 min read · 03 October 2008
1 min read · 03 October 2008
Seaport Capital has led an acquisition of American Internet Services Inc., a San Diego-based provider of data center co-location services. Also participating were Viridian Investment Partners and DuPont Capital Management. No financial terms were disclosed.
2 min read · 03 October 2008
High Road Capital Partners has acquired All Current Electrical Sales Inc., a wholesale reseller of electrical parts and components used in heavy duty industrial, infrastructure and energy applications. No pricing terms were disclosed. Debt financing was provided by US Bank, PNC Bank and Babson Capital Management.
2 min read · 03 October 2008
Dermot Hanley and Yuki Narula have joined Irish investment firm Claret Capital, in order to lead its new private equity fund teams in Dublin and New York, respectively. Hanley previously was with JPMorgan, as a Toronto-based executive director of mid-corporate investment banking. Narula also was with JPMorgan, as a New York-based executive director in its financial sponsors group.
2 min read · 03 October 2008
2 min read · 03 October 2008