Semiconductor MagnaChip, based in Korea, will acquire Dawin Electronics, another semiconductor company that Insulated Gate Bipolar Transistor (IGBT), Fast Recovery Diode (FRD) and MOSFET modules. Dawin is headquartered in South Korea, with offices in China and Europe. Specifics on the deal were not publicized.
IA Ventures and Softbank led a $1.7 million investment in Visual Revenue, the predictive analytics firm for online publishing, and were joined by the company’s existing investors. Visual Revenue concurrently announced new job opportunities in engineering at the firm.
Sleep Innovations, a West Long Branch, New Jersey-based maker of polyurethane foam products, has retained the New York investment bank Sawaya Segalas & Co. to explore opportunities that may include the sale of the business. Sleep Innovations was founded in 1996 and has a number of investors over the years, including the private equity firm […]
San Francisco-based Industrial Growth Partners has sold O’Brien Corporation to publicly traded AMETEK for approximately $175 million. O’Brien designs fluid and gas handling equipment; IGP, founded in 1997, is a San Francisco-based private equity investment firm that invests exclusively in middle-market companies in the manufacturing sector. PRESS RELEASE: San Francisco, CA – Industrial Growth Partners is […]
Jory Crowell and Dan Gustafson have joined Brookwood Financial Partners in the firm's acquisition department. Monique Hilton has also joined Brookwood's accounting department.
Michael Moran, a managing partner at Brockway Moran, intends to transition out of future funds, according to a statement Thursday. Moran intends to remain active in funds currently under the firm's management. The PE firm did not give any reason for the changes and calls were not immediately returned.
Jeff Sangalis has joined ORIX Corporate Capital as an MD of mezzanine and private equity co-investments. Sangalis was the founder and managing partner of Capital Point Partners.
J.F. Lehman & Co. said Thursday that David Gorton has joined as a VP. Also, Michael Friedman and William Hanenberg were promoted to senior associate at J.F. Lehman, while David Thomas, James Michaud and David Silberstein were named associates. Gorton joined J.F. Lehman this month from Tailwind Capital.
AVI-SPL, which is backed by Silver Lake Sumeru, has acquired Iformata Communications. Financial terms weren't announced. Iformata provides video managed services.
The Carlyle Group, which has filed to go public, has promoted 41 professionals to senior positions. Thirteen Carlyle execs were made MDs and 28 were promoted to principal/director.