Connie Loizos
Wynnchurch Capital of Montreal has joined forces with the Caisse de dépôt et placement du Québec to make an equity investment in Groupe Moreau, a Quebec-based contractor specializing in electrical, structural, piping and mechanical services in the industrial sector. Terms of the deal were not disclosed. PRESS RELEASE: Wynnchurch Capital has joined forces with the […]
London-based Asante Capital, a private equity placement agent, has hired Parik Chandra as an associate in London. Chandra joins from Barclays, where he was a director within Barclay’s corporate banking and real estate restructuring team. PRESS RELEASE: Asante Capital, the global private equity placement agent, has hired Parik Chandra as an Associate in London as […]
Wesco Aircraft Holdings, a Valencia, Calif.-based supply chain management company catering to the aerospace industry, has acquired Toronto-based Interfast for $134 million in cash and borrowings under Wesco’s existing revolving credit facility. Interfast distributes specialty fasteners, fastening systems, and installation tooling for several industries, including aerospace. PRESS RELEASE: Wesco Aircraft Holdings, Inc. WAIR +0.31% , […]
Allianz Capital Partners has attracted a number of potential buyers in the sale of its European vending machine business Selecta, which is expected to fetch at least 700 million euros ($881 million). REUTERS: Allianz Capital Partners has attracted a number of potential buyers in the sale of its European vending machine business Selecta, which is […]
Lender Processing Services, a publicly traded, Jacksonville, Fla.-based data and analytics company that’s focused on the mortgage and real estate industries, has acquired LendingSpace, a Fulton, Md.-based maker of mortgage loan origination software. The purchase price was not disclosed. PRESS RELEASE: Lender Processing Services, Inc. (NYSE: LPS), a leading provider of integrated technology, data and […]
The Gores Group, the L.A.-based private equity firm, has acquired the IT company Idea Integration Corporation from Adecco Group North America. Idea is based in Jacksonville, Fla. Terms of the acquisition were not disclosed. PRESS RELEASE: The Gores Group, a global investment firm, today announced that its Small Capitalization Partners fund has completed the acquisition […]
Crosstex Energy, a midstream natural gas company based in Dallas, has acquired Clearfield Energy, a 125-year-old crude oil, condensate and water services company with operations in Ohio, Kentucky and West Virginia. Crosstex paid approximately $210 million in cash PRESS RELEASE: The Crosstex Energy companies, Crosstex Energy, L.P. (NASDAQ: XTEX) (the Partnership) and Crosstex Energy, Inc. […]
Rugby Architectural Building Products, a New Hampshire-based company that distributes architectural wood products, decorative surfacing, doors, and millwork, has acquired Lumber Products, an Oregon-based industrial building products and door distributor, through its stalking horse bid under Section 363 of the US Bankruptcy Code. Rugby is a portfolio company of Leading Ridge Capital Partners, a private equity […]
Falfurrias Capital Partners, a Charlotte, N.C.-based private equity firm, is selling its stake in the Charlotte-based engineering consultancy UC Synergetic to Pike Electric Corp in a cash deal valued at $70 million. PRESS RELEASE: Falfurrias Capital Partners, a Charlotte-based private equity firm, today announced it has signed a definitive agreement to sell its ownership interest […]
The Dallas-area private equity firm Insight Equity Holdings has hired four new associates: Neal Jain, Garrett Greer, Luke Bateman, and Fraser Desmond. Jain was previously an investment banking analyst at Lazard Frères. Greer last focused on middle-market PE transactions at American Capital. Desmond joins Insight from Macquarie Capital, where he was a member of its restructuring […]