Connie Loizos

The long-term care provider AdCare Health Systems of Springfield, Ohio has completed a previously announced acquisition of the Glenview Health and Rehabilitation facility in Glennville, Georgia, for $8.2 million. PRESS RELEASE: AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE Amex: ADK), a leading long-term care provider, has completed the previously announced agreement to purchase a […]

Fleetcor Technologies, the Atlanta, Ga.-based fuel card company, has completed its previously announced acquisition of payment processing company CTF Technologies for $180 million. PRESS RELEASE: FleetCor Technologies, Inc. (NYSE:FLT), a global leader in providing fuel card and workforce payment products to businesses, today announced that it successfully completed its previously announced acquisition of CTF Technologies, […]

Francisco Partners, based in San Francisco, has completed its acquisition of the the London-based supply chain logistics company Kewill in a take-private deal that valued the company at 89.5 million pounds ($145.17 million). Francisco Partners announced its intention to buy Kewill in early May. The deal is Francisco Partners’ sixth take-private transaction in Europe since […]

Charlesbank Capital Partners, the Boston-based middle-market private equity firm, has elected Ryan Carroll as its managing director. Carroll joined Charlesbank in 2000 and was previously a vice president. PRESS RELEASE: Charlesbank Capital Partners is pleased to announce the election of J. Ryan Carroll as Managing Director of the firm. Previously a Vice President, Mr. Carroll […]

Attorney Stephan Opler has joined the Atlanta-based law firm Ballard Spahr as a partner from Carlton Fields, where he was a shareholder. Opler was previously a partner with Alston & Bird. Opler is now a member of Ballard Spahr’s business and finance department and its M&A/private equity, securities, and transactional finance groups. PRESS RELEASE: Stephen A. […]

ERT, a Philadelphia-based services company catering to biopharmaceutical sponsors and contract research organizations (CROs), has acquired Pittsburgh-based  invivodata, a producer of of electronic Patient Reported Outcomes (ePRO) solutions. ERT was acquired last week by the San Francisco-based private equity firm Genstar Capital. PRESS RELEASE: ERT, a global technology-driven provider of health outcomes services to biopharmaceutical […]

SeaChange, an Acton, Mass-based, publicly traded company that makes multi-screen video software, has appointed David McEvoy as its new general counsel. McEvoy has been general counsel of several public and private companies, including VeriFone Systems and The Learning Company/Broderbund. PRESS RELEASE: SeaChange International SEAC +3.23% , a leading global multi-screen video software innovator, today announced […]

PCT International, a Mesa, Arizona-based company that makes products for the broadband industry, including fiber nodes, amplifiers, and coaxial cable, has secured $25 million in global credit facilities from Bibby Financial Services and China Bank of Communications. PRESS RELEASE: PCT International, Inc., a world leader in last-mile products for the broadband industry, is pleased to […]

Smoothie King Franchises, based in New Orleans, is being sold to SK USA, a South Korean company. Smoothie King currently has more than 600 units operating in 32 states, the Caymans and the Republic of Korea. Terms of the deal are not being disclosed, but Standard Charter Private Equity and National Pension Fund are “making a […]

Tomorrow morning, a judge will decide whether or not the battle between venture capitalist Ellen Pao and her employer, Kleiner Perkins, will play out in court or behind the closed doors of an arbitrator. According to a brief filed by the judge this afternoon, it doesn't look good for Kleiner.