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Eamon

AGC Aerospace & Defense hired Timothy Wilson to lead the AGC Finance group as president. He previously worked for M&I Marshall & Ilsely Bank. AGC Aerospace, which is part of Acorn Growth Cos.’ portfolio, supplies technologies, systems and services that support commercial and military programs.
Patriarch Partners Management Group LLC named Charles Sweet, a managing director at the firm, as interim CEO of NetVersant Solutions. Patriarch Partners is a majority shareholder of the provider of technology solutions. Sweets replaced Rob Macchi.
Riverlake Partners LLC was the lead investor in a $5 million preferred financing round for RPI Inc. The investment was made through Riverlake Equity Partners II LP. RPI is a Seattle, Wash.-based company that makes personalized products using consumer-generated content. Riverlake is a Portland, Ore.-based private equity group focused on the lower middle market. Riverlake ‘s Partner Victor G. Petroff will serve as RPI’s chairman.
Fonterra Co-operative Group agreed to sell its Brownes dairy business to DairyWest, which is owned by Australian private equity shop Archer Capital. Brownes’ business (which re based in Western Austalia) makes and sells milk, yogurt and other dairy products.
(Reuters) – ICICI Venture, the private equity arm of No. 2 Indian lender ICICI Bank (ICBK.BO: Quote, Profile, Research, Stock Buzz), is looking to raise as much as $750 million from overseas investors for its $1 billion infrastructure fund, two sources with direct knowledge of the matter told Reuters on Wednesday. The private equity firm, […]
(Reuters) – Zealand Pharma’s owners are considering floating part of the Danish biotech firm on the Copenhagen bourse in November, sources said. “They want it done in November. Pricing should be in two weeks, no more than three, following pre-marketing scheduled in the next two weeks,” a banking source close to the deal said, adding […]
The Private Equity Growth Capital Council’s Private Equity Index indicated levels in the latest third quarter rebounded from the recession of 2008 to 2009. However, global private equity activity gas not returned to pre-recession levels. The Index stood at 104.33 for the latest third quarter, which showed a sequential increase from 100.76 in the second quarter and 86.41 in the first quarter of 2010. The Index is calculated using data provided by Thomson Reuters, Pitchbook, Preqin and the Council. Thomson Reuters is the publisher of PEHub.
Warburg Pincus agreed to invest up to $8 million to support in eCert Inc. eCert is a San Francisco, Calif.-based company that offers protection against e-mail fraud.
(Reuters) – Private equity firm Nordic Capital raised its bid for Swedish engineer Munters (MTRS.ST: Quote, Profile, Research, Stock Buzz) to 5.7 billion Swedish crowns ($859 million), retaking the lead in a bid battle investors were betting has not yet ended. Munters shares were up 2.6 percent to 78.75 crowns at 1140 GMT on Wednesday, […]
Bain Capital Partners LLC of Boston signed a definitive agreement for affiliates to acquire Gymboree Corp.’s outstanding stock for $65.40 per share, or $1.8 billion. The deal has the unanimous approval of Gymboree’s board of directors. The offer represents a 57.4 percent premium to the Gymboree’s share price on Sept. 30, before market rumors of deal and a 23.5 percent compared to Gymboree’s closing stock price on Oct. 8.
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