Angela Sormani

BeavEx has secured a growth equity investment from New York based private investment partnership Eos Partners and its affiliates. The equity investment will enable BeavEx to accelerate its business expansion activities. The company’s management team will continue to own a significant portion of the company. Financial details of the transaction were undisclosed. PRESS RELEASE BeavEx […]

Mid-market New York and Los Angeles based private equity firm Odyssey Investment Partners has acquired TNT Crane and Rigging from MML Capital Partners in a secondary buyout transaction. TNT is a mobile crane rental company serving the Texas, Louisiana and Oklahoma region. Financial terms of the transaction were not disclosed. PRESS RELEASE Odyssey Investment Partners, […]

MBAC Fertilizer Corp. has executed the US$ 40 million loan agreement with International Finance Corporation. The proceeds from the IFC loan will be used by MBAC for the development of the Itafós Arraias SSP Project. PRESS RELEASE MBAC Fertilizer Corp. (“MBAC” or the “Company”) is very pleased to announce that further to the Company’s announcement […]

HFF has arranged a $120 million refinancing for nine hotels in California, Florida, Massachusetts, Minnesota, New Jersey, New York, Pennsylvania and Texas. HFF is a provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF worked on behalf of the borrower, Investcorp, to secure the adjustable-rate loan through […]

Canadian Distinction Group (GDI), a facility services business, has reached an agreement with Birch Hill Equity Partners to take the company private for approximately $153 million, or $4.50 per share in cash. GDI CEO Claude Bigras and Birch Hill will form a new partnership, with Bigras and the existing management team of GDI owning approximately […]

Oak Investment Partners and Gobi Partners has filed a motion for partial summary judgment in the Supreme Court of the State of New York against VisionChina Media. The VC firms are seeking a judgment of $60 million, plus interest, for VisionChina’s failure to make $60 million in payments due for its 2010 acquisition of Digital […]

Video rental company Netflix has raised $400 million in fresh capital by selling convertible debt to long-time backer Technology Crossover Ventures and stock to funds managed by T. Rowe Price, writes Reuters. Netflix has lost about two-thirds of its market value since the company’s shares touched a high of almost $300 in July. (Reuters) – […]

Privia, a company which provides an array of products to help organizations streamline the entire bid, capture and proposal process has raised additional capital to accelerate its planned growth strategies. The investment is led by Open Prairie Ventures. Chicago Technology Partners and DL Investments also took part in the funding. PRESS RELEASE Privia LLC today […]

Equipment leasing and finance company LEAF Commercial Capital, has closed a $50 million growth equity investment from New York-based investment firm Eos Partners and its affiliates. LEAF has also closed on $75 million of additional debt financing with Versailles Assets, an asset-backed commercial paper conduit sponsored by Natixis, which will increases the company’s securitized and […]

Greenwich, CT-based private equity investor Littlejohn & Co has made an investment in Installed Building Products (IBP), an installer of insulation and building products to residential and commercial customers. The investment will enhance the company’s future growth and development. PRESS RELEASE Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, and Installed […]