Angela Sormani
CareSouth Health System, a privately-held healthcare company has acquired home health provider Family Care. Investment bank The Lenox Group advised on the transaction. PRESS RELEASE The Lenox Group advised Family Care, Inc. (“Family Care”) on its sale to CareSouth Health System, Inc (“CareSouth”). Family Care, headquartered in Richmond, VA, is a leading home health provider […]
Founding Partners Gerik Degner and Todd Marker have joined forces to launch a new private equity firm Alpine Pacific Capital which will invest in lower middle market companies in Western US with revenues of $10 million or more. The new business has offices in Orange County and Seattle. PRESS RELEASE Founding Partners Gerik Degner and […]
Tinubu Square, a cloud technology company will receive an investment of 11.3 million euros ($15.5 million) from Fonds Strategique d’Investissement (FSI). The FSI investment will enable Tinubu Square to expand with its institutional customers (credit insurers and banks) and to boost its presence in the global corporate sector. Some of Tinubu Square’s North American customers […]
North American branded kitchenware business Lifetime Brands has acquired UK-based homeware company Creative Tops and Creative Tops Far East. Terms of the transaction were not disclosed. International investment banking firm Livingstone acted as exclusive financial advisor to Lifetime. PRESS RELEASE Livingstone, the leading independent, international investment banking firm, is pleased to announce the acquisition of […]
Three-year old start-up Digital Staircase is joining Facebook. The start-up will be closing down as a standalone entity and will remove all iOS products from the Apple iTunes store. New mobile innovations will now be brought to a broader audience on Facebook. ANNOUNCEMENT Next Chapter Dear Digital Staircase customers, followers, and supporters, Hard to believe […]
Chad Holm, a former Asia-based investment banker with Bank of America Corp is seeking to raise $1 billion in a new private equity fund to invest in Indonesia, writes Reuters. Holm, who relocated to Asia last year, told Reuters the fund would take on the old-line merchant banking model and be primarily focussed on financial, […]
Mobile broadband solutions company Tekelec is to be acquired by a consortium led by Siris Capital Group and including affiliates of The ComVest Group, funds and accounts managed by GSO Capital Partners LP, Sankaty Advisors, ZelnickMedia and other Siris limited partners and affiliates. The transaction is valued at approximately $780 million. PRESS RELEASE Tekelec, the […]
JLL Partners is acquiring American Dental Partners for approximately $398 million, including $81 million in currently outstanding debt. American Dental Partners is a leading business partner to dental group practices. The company is affiliated with 27 dental group practices, which have 282 dental facilities with approximately 2,404 operatories in 21 states. PRESS RELEASE American Dental […]
France Télécom-Orange is to launch a new venture capital fund. The fund will finance and develop budding entrepreneurs in the digital economy, in France and the European Union. It remains subject to the approval of the relevant authorities. France Télécom-Orange and Publicis Groupe are committed to jointly investing 150 million euros ($206.4 million) in the […]
Telefonica has signed a strategic partnership with Quantenna Communications, a provider of ultra-reliable Wi-Fi networking for whole home entertainment. The partnership sees Telefonica making a strategic equity investment in Quantenna via Telefonica Ventures, a division of Telefonica Digital, with offices in Silicon Valley, London, Madrid and Israel. Quantenna has already received VC backing from leading […]