Toronto-based Laborie Medical Technologies Inc. has received an undisclosed amount of financing from Audax Group, the company announced Friday. Laborie is a provider of urodynamic testing equipment and consumables for urinary incontinence. Terms of the deal were not released. PRESS RELEASE Audax Group announced it has completed an investment in Laborie Medical Technologies, Inc. (“Laborie”). […]
Five Below IPO rockets nearly 60% and Advent, with a less than 2 year hold, could make 4.4x the money it invested.
The Warranty Group, a Chicago-based firm that produces service contracts and employs 1,800 people, has named Thomas Warsop its CEO, effective next month. Warsop was most recently a group president at the publicly traded financial services technology company Fiserv. PRESS RELEASE: The Warranty Group today announced the appointment of Thomas Warsop as chief executive officer, […]
Tailwind Capital's sale of Archway Marketing last week generated 2.8x multiple of invested capital.
Funds managed by the private equity group CapMan, based in Helsinki, have now exited from the Finnish discount store chain Tokmanni Group as, in late May, it was announced that they would. CapMan funds sold their equity stakes in Tokmanni to Nordic Capital Fund VII. PRESS RELEASE: Funds managed by CapMan have completed the exit from […]
Another public private equity firm just reported earnings... and it sure isn't pretty.
The sale of Suddenlink is another bit of good news for the Quadrangle Group, which expects to make more than 3x its money.
Middle market buyout shop Seaport Capital has acquired FTJ FundChoice, a provider of technology and services to investment advisors. Terms were not disclosed. FTJFC will continue to be led by President Dean Cook and COO Phillip Markgraf, the company said in a press release. PRESS RELEASE FTJ FundChoice, LLC (FTJFC), a provider of technology […]
Blackstone Group LP has spent more than $300 million to purchase over 2,000 foreclosed homes in order to rent and bet on a recovery of the U.S. housing market, the private equity company’s global head of real estate said Wednesday. Blackstone is looking to work with large apartment operators in the areas it buys homes. […]
French utility Veolia Environment SA will sell its U.S. waste management business to infrastructure fund manager Highstar Capital Star for $1.909 billion to help repay debts. The sale of the U.S. waste management business, expected to be finalized by the year-end, will cut Veolia’s net debt by around $1.820 billion, the utility said. (Reuters) – […]