The long-term care provider AdCare Health Systems of Springfield, Ohio has completed a previously announced acquisition of the Glenview Health and Rehabilitation facility in Glennville, Georgia, for $8.2 million. PRESS RELEASE: AdCare Health Systems, Inc. (NYSE MKT: ADK) (NYSE Amex: ADK), a leading long-term care provider, has completed the previously announced agreement to purchase a […]
Fleetcor Technologies, the Atlanta, Ga.-based fuel card company, has completed its previously announced acquisition of payment processing company CTF Technologies for $180 million. PRESS RELEASE: FleetCor Technologies, Inc. (NYSE:FLT), a global leader in providing fuel card and workforce payment products to businesses, today announced that it successfully completed its previously announced acquisition of CTF Technologies, […]
Palo Alto Networks "Apollo" mission pays off in an IPO as Cisco kicks itself for losing out on a powerful asset.
Moody's expects PE firms to continue to use dividend recaps to get cash this year.
Francisco Partners, based in San Francisco, has completed its acquisition of the the London-based supply chain logistics company Kewill in a take-private deal that valued the company at 89.5 million pounds ($145.17 million). Francisco Partners announced its intention to buy Kewill in early May. The deal is Francisco Partners’ sixth take-private transaction in Europe since […]
Charlesbank Capital Partners, the Boston-based middle-market private equity firm, has elected Ryan Carroll as its managing director. Carroll joined Charlesbank in 2000 and was previously a vice president. PRESS RELEASE: Charlesbank Capital Partners is pleased to announce the election of J. Ryan Carroll as Managing Director of the firm. Previously a Vice President, Mr. Carroll […]
CI Capital Partners, a New York-based private equity firm, has acquired Total Fleet Solutions, a provider of outsourced business services focused on material handling equipment such as forklifts, order pickers, pallet trucks and aerial lifts. Terms were not released. Total Fleet Solution was formed in 2001, and is based in Holland, Ohio. PRESS RELEASE CI […]
Privately held agrochemicals company Becker Underwood has put itself up for sale and could bring in more than $1 billion, according to three sources familiar with the matter. The company, which is majority-owned by private equity firm Norwest Equity Partners, has hired boutique investment bank Greenhill & Co to advise on the sale, according to […]
Marlin Equity Partners has acquired ExtraMed Limited, an Edinburgh, United Kingdom-based provider of patient flow management software. No financial terms were disclosed. ANNOUNCEMENT Marlin Equity Partners has acquired ExtraMed Limited, an Edinburgh, United Kingdom-based provider of patient flow management software. The company’s software enables hospitals to improve patient safety, enhance operational processes and reduce costs. […]
Lineage Logistics, which is backed by Bay Grove Capital, has acquired Castle & Cooke Cold Storage. Finacial terms weren’t announced. Colton, Calif.-based CCCS is a third-party warehousing logistics company . PRESS RELEASE Lineage Logistics (“Lineage”), a warehousing and logistics company sponsored by Bay Grove Capital LLC (“Bay Grove”), today announced that it has acquired Castle & Cooke […]