Iris Dorbian
Dunes Point Capital has acquired a group of assets owned by Alco Industries. No financial terms were disclosed. DPC Investment Partners provided the equity for the deal; Blackstone's credit arm GSO Capital Partners and PNC Bank provided the debt. Alvarez & Marsal Transaction Advisory Group provided financial advice to DPC on the transaction while Houlihan Lokey was financial advisor to Alco.
SMG, a portfolio company of American Capital, has acquired Premier Food Services. No financial terms were disclosed. Headquartered in San Diego, Premier is a provider of outsourced food and beverage services in Southern California.
AirBorn has received undisclosed financing from Goldman Sachs Specialty Lending Group. Deloitte Corporate Finance served as financial advisor to AirBorn on this transaction. Based in Georgetown, Texas, AirBorn is a producer of specialty electronics for the aerospace, defense, medical, industrial automation and energy sectors.
Albireo Energy, a portfolio company of Huron Capital Partners, has acquired Energy Options. No financial terms were disclosed. Based in Edison, NJ, Energy Options is a building automation and energy services provider that serves the Northeast region.
Net Health, which is backed by Spectrum Equity, said Tuesday that it has acquired ReDoc. No financial terms were disclosed. Healthcare Growth Partners advised Net Health on the transaction while Brentwood Capital Advisors advised ReDoc. Based in Brentwood, Tenn., ReDoc is a provider of therapy documentation and management solutions.
Jefferies LoanCore has hired Dan Bennett to head capital markets. He will be based in the firm's Greenwich, Conn. office. Previously, Bennett worked at Goldman Sachs where he served most recently as managing director and head of the REFG capital markets desk.
KKR has agreed to acquire Internet Brands from Hellman & Friedman and JMI Equity. No financial terms were disclosed. Internet Brands' management will hold a minority stake in the business. Headquartered in El Segundo, Calif., Internet Brands is a provider of online media and software solutions.
Rockshield Capital has named Frank Taggart as president and CEO. Marc Cernovitch, the firm's previous president and CEO, will remain as director of the firm. Based in Vancouver, British Columbia, Rockshield is an investment firm.
Dallas-based private equity firm glendonTodd Capital has hired Daryl Bird as managing director of real estate. Previously, Bird worked at BH Capital, an affiliate of Behringer Harvard.
LGV Capital has sold Amber Taverns to MxP Partners for approximately 80 million pounds. Based in the UK, Amber Taverns owns and operates 95 pubs in Northern England and the Midlands.