Angela Sormani
glendonTodd Capital, a private equity firm focused on investments in a broad range of industry sectors including financial services, business services, and technology has backed F&M Bancorporation, a bank holding company headquartered in Tulsa, Oklahoma with total assets of approximately $1.7 billion.
Neustar, a leader in network addressing, routing and policy management, is to acquire TARGUSinfo, an independent provider of real-time, on-demand information and analytics services including Caller ID, for approximately $650 million.
NB Private Equity Partners Limited, a closed-end private equity investment company, has announced an updated Net Asset Value (NAV). As of 30 September 2011, the unaudited NAV per share was $10.55, which represents a decrease of 1.7% compared to the unaudited restated NAV per share of $10.73 at 31 August 2011.
Standish Management, a boutique provider of consulting services to more than 50 private equity, venture capital and fund-of-funds firms, has appointed William (Bill) Powers to the firm’s San Francisco office as partner and engagement director.
European manufacturer of blowers and pumps, for a purchase price of approximately 152 million Euros ($207 million at current exchange rates). Robuschi is headquartered in Parma, Italy, and has annual revenues of approximately 70 million Euros ($95 million). Its shares are currently held by an investor group led by Milan, Italy based Aksia Group. Robert W. Baird acted as exclusive financial advisor to Robuschi S.p.A. in this transaction.
US private equity firm Bain Capital is close to finalising a $3.4 billion deal to buy restaurant chain Skylark from a unit of Nomura Holdings, according to Reuters reports. At $3.4 biliion, this would be the biggest funded buyout in Japan since 2008 crisis.
Ness Technologies, a global provider of IT services and solutions, has been acquired by an affiliate of Citi Venture Capital International (CVCI), a global private equity investment fund, in a transaction valued at approximately $307 million.
SSG Capital Advisors, an independent special situations investment bank, has appointed Teresa Kohl as director, business development. In this role, Kohl will be responsible for business development, cultivating and maintaining referral source and client relationships and advising clients on special situations transactions. She will be based in the firm's New York City office.
Insight Equity II LP, a Dallas, Texas-area headquartered private equity firm, has acquired a controlling interest in Versatile Processing Group. VPG is a leading industrial processor of non-ferrous and other metals servicing the manufacturing, electric utility, and metal recycling industries, including providing the industry’s most comprehensive repair, refurbishment, and decommissioning services for electrical utility equipment.
MidCap Financial LLC , a commercial finance company focused exclusively on middle market healthcare companies, has announced that Zions Bank has joined in the senior financing to SCI Solutions. MidCap Financial continues to act as sole bookrunner, sole lead arranger, and administrative agent in the senior secured credit facilities in support of SCI, a portfolio company of The Wicks Group of Companies and New Enterprise Associates.