Connie Loizos
GE Antares, a Chicago-based unit of GE Capital, provided a $405 million senior credit facility to support Leonard Green & Partners’ acquisition of Tank Holdings, a manufacturer of rotational polyethylene and steel storage tanks and containers. Leonard Green is an L.A.-based private equity firm. PRESS RELEASE: GE Antares, a unit of GE Capital, announced today it […]
French real estate company Gecina said on Tuesday that it had agreed to sell a portfolio of 28 logistics assets to private equity firm Blackstone for $245.97 million, unloading almost all of its logistics portfolio. REUTERS: French real estate company Gecina said on Tuesday that it had agreed to sell a portfolio of 28 logistics […]
SecureNet, a Rockville, Md.-based maker of payment processing software, has raised $18 million in growth financing led by the private equity firm Sterling Partners. PRESS RELEASE: SecureNet Payment Systems, a leader in payment processing technology, announced today that Sterling Partners, a leading growth-oriented private equity firm with approximately $5 billion in assets under management, has […]
Peter Liguori, an entertainment industry veteran who was most recently COO of Discovery Communications, has joined Carlyle Group in a consulting role on behalf of its New York-based telecommunications and media team. PRESS RELEASE: Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced that Peter Liguori, an entertainment industry veteran who was most […]
There’s a new fund of funds on the scene. It’s called Institutional Global Investors, and its focus is on China and emerging Asia.
The Warranty Group, a Chicago-based firm that produces service contracts and employs 1,800 people, has named Thomas Warsop its CEO, effective next month. Warsop was most recently a group president at the publicly traded financial services technology company Fiserv. PRESS RELEASE: The Warranty Group today announced the appointment of Thomas Warsop as chief executive officer, […]
Funds managed by the private equity group CapMan, based in Helsinki, have now exited from the Finnish discount store chain Tokmanni Group as, in late May, it was announced that they would. CapMan funds sold their equity stakes in Tokmanni to Nordic Capital Fund VII. PRESS RELEASE: Funds managed by CapMan have completed the exit from […]
The private equity firm ARC Financial Corp., based in Calgary, has raised $1 billion for its seventh Canadian energy fund. Atlantic-Pacific Capital served as the exclusive global placement agent and advisor. PRESS RELEASE: Canada’s leading energy-focused private equity firm ARC Financial Corp., today announced that it has raised $1.0 billion for its seventh Canadian energy fund, […]
Inverness Graham, a lower middle market private equity firm headquartered in suburban Philadelphia, has acquired DataSource, a print supply chain company based in Kansas City, Mo. Terms of the deal were not disclosed. PRESS RELEASE: DataSource, Inc., one of America’s leading print supply chain management companies, announced today it has been acquired by Inverness Graham […]
H.I.G. Capital, the private equity investment firm, has announced that its Connorsville, Indiana-based portfolio company, Stant, maker of highly engineered vapor and fluid control components, has acquired a majority interest in the Seoul, South Korea-based company Pyongsan-FT, which will be renamed Stant Korea Corporation. Pyongsan supplies HVAC equipment to the global automotive market. Terms of the […]