Welsh, Carson, Anderson & Stowe related stories
All articles and analysis
PE-backed Aptuit appoints new CEOAptuit, a portfolio company of Welsh, Carson, Anderson & Stowe, has named Dr. Jonathan Goldman as CEO. Previously, Goldman worked at ICON where he most recently served as executive vice president of global strategic and business development and a member of the senior leadership team. Aptuit is a pharmaceutical services company.
- Solera Holdings completes purchase of Service Repair Solutions from Welsh Carson
Solera Holdings, an auto insurance software company, has completed the purchase of equity interests in a parent company of Service Repair Solutions from Welsh Carson Anderson & Stowe.
- CIT backs WCAS' NDX
CIT Group, a provider of financing and advisory services to small businesses and middle market companies, served as joint lead arranger in a $140 million senior secured credit facility for National Dentex, a dental lab services provider in the US. NDX is a portfolio company of Welsh, Carson, Anderson & Stowe. Financing was provided by CIT Bank, the U.S commercial bank subsidiary of CIT. Terms of the transaction were not disclosed.
- Solera Holdings in $289 mln JV with Welsh Carson
Solera Holdings, an auto insurance software company, has agreed to pay $289 million for an equity interest in Welsh Carson Anderson & Stowe-backed Service Repair Solutions. The deal is expected to close in 2014.
- Mercer beefs up M&A leadership team
Mercer has expanded its M&A leadership team. Chuck Moritt, senior partner, is now the North American corporate M&A leader while Jeff Cox, senior partner, will lead the North America private equity M&A group. Based in New York City, Mercer is a global human resources and financial services consulting firm.
- Linden hires Providence exec
The firm has added two operating executives this year, bringing its team of operating partners to nine.
- Welsh Carson to Buy Alert Logic
Welsh, Carson, Anderson & Stowe has agreed to buy a majority of Alert Logic, along with company management. Financial terms weren't announced. Selling shareholders include Updata Partners, Covera Ventures, Mercury Fund, OCA Ventures, Access Venture Partners, and Industry Ventures. Houston-based Alert Logic provides a portfolio of Security-as-a-Service solutions for customers of hosting and cloud service providers. Morgan Stanley advised Alert Logic. Stifel, Nicolaus & Co. provided financial advice to Welsh, Carson.
- Aptuit Names Denaro GM of Italy Center
Aptuit, a portfolio company of Welsh, Carson, Anderson & Stowe, said Monday that Dr. Maurizio Denaro has assumed responsibilities as General Manager of The Aptuit Center for Discovery & Development in Verona, Italy, effective July 15. Aptuit is a pharmaceutical services company.