Veritas Capital has closed its $1.25 billion buy of Thomson Reuters healthcare business. The company will be called Truven Health Analytics. Truven, according to a statment, is a combination of ‘truth’ and ‘proven.’ Truven employs about 2,200 people globally. PRESS RELEASE The previously announced $1.25 billion sale of the Thomson Reuters Healthcare business to an […]
ACG New York, a trade group representing middle market deal professionals, announced several new officers and directors. Among these, Martin Okner was named president for the 2012-13 year. Okner is an SHM & Co. managing director. PRESS RELEASE ACG New York Inc., the premier association in New York for middle-market dealmaking professionals, announced today the […]
ML Capital Partners has closed the sale of Industrial Acoustics to AEA Investors. Financial terms weren’t disclosed. Winchester, U.K.-based Industrial Acoustics provides engineered noise control and acoustic solutions. PRESS RELEASE MML Capital Partners LLP, on behalf of itself and its funds under management (“MML”), today announces that it has completed the sale of Industrial Acoustics […]
Francisco Partners has agreed to buy Plex Systems. The sellers were a group of shareholders that included Apax Partners. Financial terms weren’t announced. Auburn Hills, Mich.-based Plex provides cloud ERP software for manufacturers. PRESS RELEASE Francisco Partners, a leading technology-focused private equity firm, today announced the pending acquisition of Plex Systems from a group of […]
Dealmakers hit the pause button on deals as they await Supreme Court ruling on Obamacare.
A PE pro turned banker turns PE pro again--and he's got some big backers.
U.S. brewer Molson Coors won EU regulatory approval on Wednesday to buy east European peer StarBev for 2.65 billion euros ($3.30 billion) to boost its presence in developing markets, Reuters reported Wednesday. Molson Coors, maker of Carling, Blue Moon and Coors Light beers, is buying StarBev from buyout shop CVC Capital Partners. (Reuters) – U.S. […]
Los Angeles-based firm the Gores Group has completed its acquisition of Elo Touch Solutions, paying $380 million in cash. The seller was TE Connectivity. Menlo Park, Calif.-based Elo Touch makes touch screens, touch monitors and all-in-one touch computers. PRESS RELEASE The Gores Group, a leading Los Angeles-based investment firm, today announced that through an affiliate […]
New York-based private equity firm Arsenal Capital Partners has acquired Copernicus Group Institutional Review Board, a provider of compliance services used in the clinical trial process for new drugs and medical devices. Terms were not released. Copernicus IRB was formed in 1996. PRESS RELEASE Arsenal Capital Partners, a leading New York-based private equity firm that […]
Glenbrook Consumer Partners, a San Francisco-based investment firm, has put an undisclosed amount into Colorado-based Boa Technology Inc., a maker of “closure systems” for footwear. The firm made a “majority investment” in Boa, though specific terms were not released. PRESS RELEASE DENVER–(BUSINESS WIRE)–Boa Technology Inc., the Colorado-based creator of the revolutionary Boa® Closure System featured […]