Connie Loizos

Excellere Partners, a Denver-based private equity firm, announced today that its portfolio company, auto insurance provider Personable Insurance, has acquired car insurance company Endeavor General Agency, the second acquisition for Personable in the last six months. Terms of the deal were not disclosed. PRESS RELEASE: Excellere Partners, a Denver-based private equity firm focused on partnering […]

AppSense, a New York-based startup whose technology allows user-specific information to be accessed independent of a desktop, has made an “angel” investment of an undisclosed amount in Collaaj, a data dentric tech company that enables enterprise users to share their data and collaborate. Kiran Kamity, founder and CEO of Collaaj, is joining the company’s AppSense […]

CapMan, a private equity firm with offices in the Nordic countries and Russia, and Tokmanni Group, a large discount retailer in Finland, have agreed to sell Tokmanni (of which CapMan owned 52%) to Nordic Capital Fund VII. PRESS RELEASE: Funds managed by CapMan and the other owners of Tokmanni Group have signed an agreement to sell 100% […]

Oak Hill Capital Partners has distributed its remaining equity interest in the corporate outsourcing business ExlService Holdings to its partners, or 5,542,504 shares of the company’s common stock in aggregate. Oak Hill is a New York-based private equity firm. PRESS RELEASE: Oak Hill Capital Partners, L.P. and Oak Hill Capital Management Partners, L.P. (collectively, the “Oak […]

Catterton Partners, a Greenwich, Conn.-based, consumer-focused private equity firm, is selling one of its portfolio companies to the Japanese chemicals manufacturer Kuraray. The Merrillville, Indiana-based company, MonoSol, which makes water-soluble films in consumer applications such as dishwasher and laundry detergent, is being sold for an undisclosed amount. PRESS RELEASE: Catterton Partners, the leading consumer-focused private […]

Stauber Performance Ingredients of Fullerton, Calif., a maker of nutritional ingredients and blends, has acquired Pharmline, which also makes nutritional ingredients and is based in Florida, New York. Staubline was acquired last year by the New York-based, middle-market private equity firm ICV Partners. Terms of the deal were not disclosed. PRESS RELEASE: ICV Partners (ICV), […]

Insight Equity Holdings, a Southlake, Texas-based private equity firm, has acquired Flanders Corp., a 62-year-old manufacturer of air filters, air handling, and containment systems that is based in Washington, North Carolina. Terms of the deal were not disclosed. PRESS RELEASE: An affiliate of Insight Equity Holdings LLC (“Insight Equity”), the Dallas, Texas-area headquartered private equity […]

Publicly traded financial lender CIT Group is providing a senior secured asset-based credit facility to retailer John Varvatos Enterprises in conjunction with the company’s acquisition by private equity firm Lion Capital. PRESS RELEASE: CIT Group Inc. (NYSE: CIT – News) cit.com, a leading provider of financing to small businesses and middle market companies, today announced […]

Century-old specialty paper maker Appleton Papers, based in Appleton, Wisconsin, will combine with  Hicks Acquisition Company of Dallas, a special purpose acquisition company founded and headed by Thomas Hicks, to create a combined company on the Nasdaq. The companies are not disclosing how much of a stake in Appleton Hicks is getting for its investment […]

Affiliates of the private equity firm H.I.G. Capital have acquired Comverge, an energy management company, for $1.75 per share in cash in a roughly $49 million buyout. Comverge is based in Norcross, Georgia. PRESS RELEASE: Comverge, Inc. (“Comverge”) and H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity investment firm, today announced that they have […]