Blair Jacobson has left the StepStone Group for Ares Management.
AXA Private Equity has agreed to buy 45% of Arkadin. The deal follows the exits of historical investors Apax Partners, Altamir Amboise, Innovation Capital and UFG-Siparex, a statement says. Paris-based Arkadin provides audio and data conferencing services. The company has 1,000 employees in 29 countries and generated revenue of €159 million (US$196.8 million) in 2011. […]
Redwood Acquisitions, which is backed by Redwood Investments, has closed its buy of CSP Information Group. Financial terms weren’t announced. CSP Information is a B2B media and information company serving the convenience retailing, restaurant and on-the-go food industries. For Redwood, Berkery Noyes was the investment banker on the deal while Zielinski Financial Advisors provided financial […]
Providence Equity Partners is to acquire German TV channel Home Shopping Europe from AXA Private Equity backed by 265 million euros ($331.52 million) of debt, writes Reuters. As part of the deal AXA will remain a minority shareholder in the home shopping channel which it acquired in 2009 for around 180 million euros from insolvent […]
Private equity firm Hellman & Friedman is pushing ahead with a $4 billion sale of Getty Images, a supplier of stock photos, video and other digital content, two people familiar with the matter said on Tuesday, writes Reuters. Hellman bought a majority stake in Getty in 2008 in a $2.4 billion deal. (Reuters) – Private […]
UK-based AVM, a provider of visual communications solutions which operates at the forefront of the unified communications market has been bought out by growth capital investor Alcuin Capital with further funding provided by Indigo Capital. CEO Edward Cook led the transaction which provides an exit for AVM Chairman Sandy MacPherson and venture capital investor Octopus […]
Genstar Capital has completed its acquisition of ERT in a take-private transaction valued at approximately $400 million. ERT is a global technology-driven provider of health outcomes services to biopharmaceutical sponsors and contract research organizations. PRESS RELEASE ERT, a global technology-driven provider of health outcomes services to biopharmaceutical sponsors and contract research organizations (CROs), announced today […]
Aurora Casket Company has been acquired by affiliates of Kohlberg & Company. Aurora is a supplier of caskets, urns, stationery, memorial products and technology solutions to funeral homes across North America. Founded in 1890, the company was privately owned through five generations by the Backman and Barrott families and operates five manufacturing facilities in the […]
Biopharmaceutical company GlobeImmune has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the offering have not been determined. PRESS RELEASE GlobeImmune, Inc., today announced that it has […]
Swiss investment company Capvis has acquired the Ondal Group in Hünfeld near Fulda. Ondal produces pendant systems for medical applications. PRESS RELEASE Swiss investment company Capvis has acquired the Ondal Group in Hünfeld near Fulda, Germany. With more than 500 employees, Ondal is the independent world market leader in the production of pendant systems for […]