Royal Adhesives & Sealants, which is backed by Arsenal Capital Partners, said Wednesday that it will buy nearly all the assets of Clifton Adhesives. Financial terms weren’t announced. Clifton Adhesive is a specialty adhesive manufacturer. PRESS RELEASE Royal Adhesives & Sealants (Royal) a portfolio company of Arsenal Capital Partners (Arsenal) announced that Royal will acquire […]
Electronic storage device maker Seagate Technology Plc plans to buy a 64.5% stake in France-based digital storage devices maker LaCie in a $186 million deal, which will help it expand in Japan and Europe. The deal value includes acquired net cash of $65 million. Seagate, which competes with Western Digital Corp, hopes to expand in […]
Investment firm Oaktree Capital Management will invest $225 million in Diamond Foods Inc. to help the company shore up its balance sheet, pay down debt and grow its business. The seller of Emerald nuts and Pop Secret popcorn, whose shares rose more than 3%, said on Wednesday the investment will allow it to amend its […]
It isn't even a week after Facebook's IPO, blame is flying and its new, angry mob of shareholders is suing multiple parties from the botched public offering.
Oracle will acquire cloud-based social marketing and engagement platform Vitrue, the company announced Wednesday. Terms of the deal were not released. Vitrue’s technology is designed to help marketers create, publish, moderate and manage social marketing campaigns and activities on platforms such as Facebook, Twitter and YouTube. PRESS RELEASE — Oracle announced today that it has […]
Publicly traded medical device maker AngioDynamics has completed its purchase of private equity-backed Navilyst Medical. The deal was valued at $355 million. Avista Capital Partners acquired Navilyst Medical from Boston Scientific in 2008. Navilyst is a medical device company focused on areas including vascular access, interventional radiology and interventional cardiology. PRESS RELEASE AngioDynamics ANGO -0.80% […]
Warburg Pincus, Kelso & Co., Temasek and The Jordan Co. have agreed to pour up to $1.125 billion into Venari Resources, an early-stage company focused on deep water oil exploration in the Gulf of Mexico. The company says it will use “state-of-the-art seismic technology to explore prolific sub salt plays.” The company’s CEO Brian Reinsborough […]
The bad news is only getting worse for Facebook, which, along with Morgan Stanley, faces questions about what information was shared leading up to its historic May 18 IPO.
The Comvest Group, through its debt fund, Comvest Capital II, has provided a $15,150,000 term loan to Primo Water Corporation. Primo is a Delaware corporation that was founded in 2004 and is headquartered in Winston-Salem, North Carolina. The company provides water dispensers, environmentally responsible bulk bottled water and premier sparkling beverage appliances. PRESS RELEASE The […]
Stonebridge Partners has refinanced Safety Infrastructure Solutions. The infrastructure solutions company was set up less than ten years ago. Stonebridge recapitalized the business with sufficient equity capital to provide for new greenfield startups as well as additional niche acquisitions. The management team made a significant investment in the Stonebridge-led transaction. PRESS RELEASE Stonebridge Partners (“Stonebridge” […]