TA Associates takes a minority stake in Forgame Tech, a Chinese web game company.
AXA Private Equity said Wednesday it has sold a majority of Home Shopping Europe to Providence Equity Partners. Financial terms weren’t announced. AXA PE will retain a 15% stake in the German TV channel.. Reuters last week reported that Providence Equity’s buy of Home Shopping Europe was backed by 265 million euros ($331.52 million) of debt. […]
THL Credit Advisors has closed the acquisition of Chicago-based McDonnell Investment Management’s alternative credit strategies group. Terms were not released. THL Credit Advisors is based in Boston. PRESS RELEASE THL Credit Advisors LLC (“THL Credit Advisors”), the external investment manager of publicly listed business development company THL Credit, Inc. (Nasdaq:TCRD), today announced that it has […]
New York-based Aquiline Capital Partners has become the majority shareholder of BI-SAM Technologies, a provider of data management and reporting solutions for the asset management industry. BI-SAM was founded in 2000 by Alexandre Harkous, Christophe Volard and Xavier Chaude. PRESS RELEASE Aquiline Capital Partners LLC (“Aquiline”), a New York-based private equity firm investing in financial […]
Quantum Energy Partners has acquired a majority stake in Phoenix Services, an oilfield services company headquartered in Houston, Texas. Phoenix was formed in 2009 and provides fluids management and wellsite services, including water transport, frac tank rentals, workforce accommodations, water transfer services and crude oil hauling to E&P operators. PRESS RELEASE Quantum Energy Partners (“Quantum”), […]
LaSalle Capital is to acquire Eclipse Advantage, a specialized warehouse labor management company based in Orlando, Florida. Eclipse represents LaSalle Capital’s third platform investment out of its second fund. PRESS RELEASE LaSalle Capital Group (“LaSalle Capital”) is pleased to announce that it has partnered with management to acquire Eclipse Advantage, LLC (“Eclipse” or the “Company”), […]
Attorney Stephan Opler has joined the Atlanta-based law firm Ballard Spahr as a partner from Carlton Fields, where he was a shareholder. Opler was previously a partner with Alston & Bird. Opler is now a member of Ballard Spahr’s business and finance department and its M&A/private equity, securities, and transactional finance groups. PRESS RELEASE: Stephen A. […]
ERT, a Philadelphia-based services company catering to biopharmaceutical sponsors and contract research organizations (CROs), has acquired Pittsburgh-based invivodata, a producer of of electronic Patient Reported Outcomes (ePRO) solutions. ERT was acquired last week by the San Francisco-based private equity firm Genstar Capital. PRESS RELEASE: ERT, a global technology-driven provider of health outcomes services to biopharmaceutical […]
SeaChange, an Acton, Mass-based, publicly traded company that makes multi-screen video software, has appointed David McEvoy as its new general counsel. McEvoy has been general counsel of several public and private companies, including VeriFone Systems and The Learning Company/Broderbund. PRESS RELEASE: SeaChange International SEAC +3.23% , a leading global multi-screen video software innovator, today announced […]
PCT International, a Mesa, Arizona-based company that makes products for the broadband industry, including fiber nodes, amplifiers, and coaxial cable, has secured $25 million in global credit facilities from Bibby Financial Services and China Bank of Communications. PRESS RELEASE: PCT International, Inc., a world leader in last-mile products for the broadband industry, is pleased to […]