Angela Sormani
Global investment management company WP Carey & Co. has completed a 41 million euros ($57 million) construction financing package for Austrian developer BOP through one of its publicly-held non-traded REIT affiliates. The financing will deliver 100% of the funds needed for the construction of three modern big-box retail sites in Croatia. PRESS RELEASE W. P. […]
Berlin, Germany-based bmp media investors has acquired a 16.5% stake in Freshmilk NetTV GmbH, a webTV provider, as part of a capital increase. VC Fonds Kreativwirtschaft Berlin, which is managed by IBB Beteiligungsgesellschaft, invested in the company for the same amount. Financial details were undisclosed. PRESS RELEASE bmp media investors AG (ISIN DE0003304200) has acquired […]
Chicago-based Prospect Partners, a private equity firm investing in smaller lower-middle-market companies has acquired eleven of the company-owned dealers of Culligan International, a Rosemont, Ill.-based global provider of household, commercial, and industrial water treatment products and services. In the acquisition, Prospect Partners partnered with two Culligan operating executives and independent equity sponsor Stone Pointe of […]
North American investment firm Onex is increasing its commitment to Onex Partners III to $1.2 billion from $800 million. This brings the total fund size to $4.7 billion. Onex continues to be the largest investor. PRESS RELEASE Onex Corporation (“Onex”) (TSX:OCX) announced today it is increasing its commitment to Onex Partners III to $1.2 billion […]
PCV Belge has acquired 1,605,300 Class A Subordinate Voting Shares of SMART Technologies. Global private equity firm Apax Partners owns 34,795,491 Class B Shares of SMART Technologies. PRESS RELEASE PCV Belge SCS announced today it owns 1,605,300 Class A Subordinate Voting Shares of SMART Technologies Inc. (the “Issuer”) representing approximately 3.7% of the 43,652,307 Class […]
Clean Power Finance, provider of residential financing and solar sales and system design tools has appointed two new executive team members: Micah Myers as senior vice president of business development and program management, and Will Sanchez as vice president, corporate controller. Founded in 2007, Clean Power Finance is funded by Kleiner Perkins Caulfield & Byers […]
Industrial Opportunity Partners, an operations- focused private equity firm based in Evanston, Ill., has acquired two related businesses, Van Products and Unipro by its platform company Center Manufacturing. Senior debt was provided by Capital One Leverage Finance Corp and junior debt was provided by Patriot Capital. Terms of the transaction were not disclosed. Van and […]
CORRECTION: A press release issued by a company identifying itself as Treadstone Private Equity appears to be a hoax. The press release copied large amounts of material from a press release issued on Nov. 15 by Neuberger Berman Group, which said it had raised approximately $720 million for NB Crossroads 2010 Fund. Investment management firm Treadstone […]
Atlanta-based Fulcrum Equity Partners has funded the $3.2 million acquisition of AAA Home Health by Partners Healthcare Group (PHG). Partners Healthcare Group (PHG) is a platform entity to acquire home health and hospice agencies throughout the southeast as well as open offices throughout existing service areas. AAA Home Health is PHG’s first acquisition. PRESS RELEASE […]
Connexin Software, a publisher of pediatric electronic health records and practice management systems, has received a multi-million dollar strategic investment from Bluff Point Associates, a Connecticut-based private equity firm. Bluff Point invests in information services companies supporting the banking, trust, securities, retirement and wealth management sectors of the financial services industry, as well as the […]