Connie Loizos
Publicly traded Triumph Group is offering 4.6 million shares of common stock held by investment funds and other entities associated with the Carlyle Group. The offering is expected to close on June 12. The Berwyn, Pennsylvania-based company, which, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems, […]
The Chicago-based law firm Winston & Strawn has hired Bradley Mandel, a private investment fund formation attorney. Mandel joins the firm from law firm Proskauer Rose, where he was an associate for the last three-and-a-half years. PRESS RELEASE: Winston & Strawn LLP announced today that experienced private investment fund formation attorney, Bradley S. Mandel, has […]
Eagle Four Partners and Pacific Hospitality Group of Irvine, Calif., announced this week that the purchase of International Bay Clubs, the parent company of the Balboa Bay Club & Resort and the Newport Beach Country Club, is complete. Terms of the sale are not being disclosed. PRESS RELEASE: Eagle Four Partners and Pacific Hospitality Group, […]
Nipro Diagnostics, a Fort Lauderdale, Fla.-based maker of blood glucose monitoring products, has named Dean Sorrentino CFO. Most recently, Sorrentino was VP Corporate Controller at CompuPay, a private equity-backed provider of payroll and benefit solutions. PRESS RELEASE: Nipro Diagnostics, Inc., a leading manufacturer and marketer of blood glucose monitoring products and supplies for diabetes management, […]
Green Courte Partners, a Chicago-based private equity firm, has acquired Plantation Landings, a 4-star manufactured housing community in Haines City, Florida. The age-restricted, 394-site community is fully leased and located directly south of Royal Palm Village. Green Courte’s second fund, Green Courte Real Estate Partners II, LLC, acquired Royal Palm Village as a part of […]
Publicly traded designer and wholesaler The Jones Group on Monday announced it will take control of the Brian Atwood brand, bringing the designer’s existing and future collections, including his shoe collections, under it own umbrella for an undisclosed sum. Under the deal, Brian Atwood will own the intellectual property rights and existing licenses. Jones will […]
Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco, has reached an agreement with Dallas National Insurance Holdings to acquire Dallas National Insurance Company, a Texas-based property and casualty insurer, founded in 2005. Terms of the deal were not disclosed. PRESS RELEASE: Southport Lane, a New York-based private equity firm, through […]
Fiat (FIA.MI) and Ferrari’s corporate parent Exor (EXOR.MI) mulled an investment in motor racing company Formula One before its initial public offering, and opted to pass because the price was too high, Chairman and CEO John Elkann said on Tuesday. Private equity fund CVC Capital Partners CVC.UL recently sold a “pre-IPO” stake for $1.6 billion […]
The Dallas-based private equity firm Lone Star Funds warned the South Korean government yesterday that it is initiating arbitration proceedings over the sovereign state’s involvement in Lone Star’s sale of Korea Exchange Bank to Hana Financial Group earlier this year for roughly $3.5 billion. PRESS RELEASE: Lone Star Funds (“Lone Star”) confirmed today that it […]
Interline Brands of Jacksonville, Fla., which makes products used by locksmiths and professional contractors, is being acquired by GS Capital Partners P2 Capital Partners for roughly $810.9 million in cash. Interline intends to maintain its corporate headquarters in Jacksonville. PRESS RELEASE: Interline Brands, Inc. IBI +39.80% (“Interline” or the “Company”), a leading distributor and direct marketer […]