Riordan Lewis & Haden Equity Partners has acquired DCRX Infusion, a provider of nutritional therapy to patients with end stage renal disease. DCRX is based in Sunrise, Fla. Terms of the deal were not released. PRESS RELEASE Riordan Lewis & Haden | Equity Partners (RLH) is pleased to announce its acquisition of DCRX Infusion, a […]
French engineering company Schneider Electric has received two offers in a second round of bidding for its U.S.-based sensors subsidiary, daily Les Echos said on Friday, Reuters reported. Chipmaker Avago Technologies and a consortium comprising private equity firms Carlyle Group LP and PAI Partners placed the bids for Schneider’s Custom Sensors & Technologies unit, the […]
Private equity is about to hit the books--can they succeed where so many strategics have struggled as education goes digital?
Bolder Capital, formed through a co-investment relationship with the Edgewater Funds and JZ Capital Partners, has formed a new company with healthcare entrepreneur Michael Shea. Called Bolder Healthcare Solutions, the Louisville, Kentucky-based company will be built by acquiring companies that focus on the healthcare revenue cycle; Shea will serve as its CEO. PRESS RELEASE: Bolder […]
L Capital Eco, a New Delhi-based subsidiary of the $640 million private equity fund L Capital Asia, has signed an agreement to invest about Rs 108 crore, or roughly $19 million, in the Indian theatrical chain PVR. L Capital Asia is backed by the luxury goods groups Louis Vuitton Moët Hennessy (LVMH) and Group Arnault, the […]
Eloqua, the B2B marketing automation and revenue performance management firm, has gone public on the Nasdaq, and will trade under the symbol ELOQ. Backers in the company include JMI Equity, Bessemer Venture Partners and Bay Partners. PRESS RELEASE: NEW YORK, Aug. 2, 2012 — The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that the trading […]
OpenGate Capital has acquired Zodiac Recreational from Zodiac Marine & Pool, a portfolio company of The Carlyle Group. Terms of the deal, which is expected to close within 90 days, were not released. Zodiac Recreational designs, manufactures and distributes inflatable and Rigid Inflatable Boats. PRESS RELEASE OpenGate Capital, LLC, a private investment and acquisition […]
Accel-KKR has acquired Pinstripe Inc., a recruitment process outsourcing provider previously backed by Baird Venture Partners. Terms of the deal were not released. Pinstrip is based in Brookfield, Wisc. BVP led Pinstripe’s Series A financing round in 2005 and supported the company with additional investments in 2006 and 2007. PRESS RELEASE Baird Venture Partners (BVP), […]
EmbanetCompass Group Inc., a provider of online higher education services backed by one-time “junk bond king” Michael Milken, has kicked off a sale of the company, asking prospective buyers to submit bids next week, Reuters reported. Bain Capital, Providence Equity Partners, Hellman & Friedman and Advent International Corp. are among the firms considering making offers […]
Leading Ridge Capital Partners has acquired substantially all of its operating assets of Blue Raven Technology, a provider of reverse logistics for consumer and commercial electronics products. Terms of the deal were not released. Blue Raven is based in Wilmington, Mass. PRESS RELEASE Blue Raven Technology, a leading national provider of reverse logistics for […]