GE Antares, a unit of GE Capital, said Monday it is providing a $400 million credit facility that is part of Wind Point Partners recap of Hearthside Food Solutions. Proceeds of the $400 million loan will be used to refinance debt and pay a dividend, according to Thomson Reuters Loan Pricing Corp. Wing Point acquired […]
Listed, California-based social network Facebook is acquiring Face.com, according to a blog post at the company’s site. Backers of Face.com include Yandex. Website Techcrunch earlier reported the news of the deal, rumored to be for $100 million. STATEMENT: Facebook has acquired Face.com! Our mission is and has always been to find new and exciting ways […]
Evergreen Pacific Partners has acquired Thermal Dynamics. Financial terms weren’t announced. Thermal Dynamics, of Ontario, Calif., makes customized heat exchanger solutions. Harris Williams, led by Joe Connor, advised Thermal Dynamics. PRESS RELEASE Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Thermal […]
We’ve all seen the data showing that the first quarter middle-market leverage loan volume was much less than everyone expected. So why aren't yields coming down on mid-market loans?
AutoTrader files for $300 million IPO, which could give Providence another exit.
New York based private equity firm Validor Capital has acquired Denton, Texas-based EDSCO Fasteners, a maker of of anchor bolts for large steel structures. Terms were not released. PRESS RELEASE Validor Capital LLC, a New York based private equity firm, announced today that it has acquired EDSCO Fasteners, based in Denton, Texas, a leader […]
Italian notebook maker Moleskine plans to list in Milan this year and has hired investment banks to run the sale of stock in the company, whose thread-bound jotters are based on originals favored by the likes of Vincent Van Gogh and Ernest Hemingway, Reuters reported Monday. Goldman Sachs, Mediobanca and UBS will run the offering […]
The owners of German chemical company Evonik scrapped plans on Monday for what could have been Europe’s biggest initial public offering in more than a year and said it would only resume efforts for a listing if markets recovered, Reuters reported. RAG, which owns 75 percent of Evonik, and private equity firm CVC, which holds […]
Incline Equity Partners has backed Hartland, Wisc.-based Dorner Mfg. Corp., a designer, manufacturer, and supplier of conveyor systems and components parts. Terms of the deal were not released. PRESS RELEASE Incline Equity Partners announced today its partnership with Hartland, WI-based Dorner Mfg. Corp. (“Dorner”), a leading designer, manufacturer, and supplier of unit handling conveyor […]
Middle-market buyout shop LLR Partners has put an undisclosed amount into Ultimus Fund Solutions, a Cincinnati, Ohio-based providers of fund accounting, fund administration, distribution, transfer agent and shareholder services to the mutual fund industry. Specifics of the deal were not released, though the company said it would use the infusion for growth. PRESS RELEASE LLR […]