Connie Loizos
Break out the champagne and caviar! Good times are right around the corner, says Ernst & Young, whose Transaction Advisory Services group just published a very rosy 2012 M&A outlook. Certainly, the division has its fingers crossed. It’s quick to acknowledge that 2011 won’t go in the history books as the most memorable year for […]
Kofax, a cloud business process management company traded on the London Stock Exchange, has acquired SIngularity, a 215-employee software company headquartered in Derry, Northern Ireland, for $48.1 million in cash. The deal includes an additional $14.5 earnout subject to specific annual software license revenue growth rates and certain management employment conditions Kofax, launched in the U.K. […]
Publicly traded, U.K.-based Electra Private Equity announced today that it will use its £400m-plus war chest to go on a shopping spree amid an anticipated capital crunch owing to eurozone concerns. REUTERS NEWS: Electra Private Equity sees a slowing of its disposals over the next few months as tough debt markets weigh on buyers’ capacity to do […]
The New York-based private equity firm Oak Hill Partners has brought aboard Jeff Epstein as a senior advisor. Epstein was most recently executive VP and CFO of Oracle and was CFO of several public and private companies, including DoubleClick, prior. PRESS RELEASE: Oak Hill Capital Partners today announced that Jeff Epstein has joined the firm as […]
The Jordan Company, a New York-based middle-market PE firm, announced today that a group of investors, led by The Resolute Fund, L.P., completed the sale of Wound Care Holdings to National Healing Corporation. Terms of the transaction weren’t disclosed. PRESS RELEASE: The Jordan Company, L.P. (“TJC”), a leading middle-market private equity firm, today announced that […]
London-based Perusa Partners, a private equity firm that specializes in lower mid-market special situations in Germany and German-speaking countries, has closed on its second fund. The firm raised €207 million in what it reports was three months’ time. PRESS RELEASE: London, United Kingdom (29 November 2011) – Perusa Partners (“Perusa”), the private equity firm investing principally in […]
Harry Debes, who retired as CEO of Lawson Software earlier this year, has joined the “operating partner program” of Advent International, the New York-based private equity firm. Debes’s role will involve advising and working closely with Advent’s investment teams to identify attractive opportunities. Advent’s operating partner program includes more than 80 senior executives, who advise […]
The law firm O’Melveny & Myers announced today that it’s representing Global Education & Technology Group Limited, a publicly traded company specializing in China-focused test prep services, in its proposed, $294 million sale to the global media company Pearson. The deal is expected to close by year end. PRESS RELEASE: O’Melveny & Myers LLP represents Global […]
Harris Williams, an investment bank focused on middle-market transactions, announced today that it advised Niagara LaSalle Corp. on its pending sale to Optima Specialty Steel. Niagara, which makes cold finished steel bars, is a portfolio company of the private equity firm Kohlberg & Co. Optima Specialty Steel is a subsidiary of Optima Acquisitions, a U.S.-based investment […]
Hearthside Food Solutions, a large, privately held bakery, has acquired Roskam Granola, a co-manufacturing business that produces granola base and range of products, including bars, mixes, and granola nut clusters. Terms of the deal were not disclosed. Hearthside is a portfolio company of Wind Point Partners, which acquired the company in 2009 in partnership with […]