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Water Street Healthcare Partners and Wind Point Partners are exiting their investment in Physiotherapy Associates, selling the company to New York-based private equity firm Court Square Capital Partners. Terms were not released. Water Street and Wind Point Partners partnered to form Physiotherapy Associates in 2007. PRESS RELEASE Water Street Healthcare Partners and Wind Point Partners […]
Middle-market investment bank Harris Williams & Co. announced Wednesday the acquisition of Walker Group Holdings by publicly traded Wabash National Corp. Wabash paid $360 million for the company, a supplier of stainless steel products. Walker is a portfolio company of Insight Equity, a Dallas-Fort Worth, Texas based private equity firm. Harris Williams & Co. is […]
Babson Capital Management has provided mezzanine debt and equity to support Huntsman Gay Global Capital’s acquisition of Citadel Plastics Holdings Inc., the firm announced Wednesday. Citadel Plastics, based in West Chicago, Ill., is a compounder of thermoset and thermoplastic resins. PRESS RELEASE Babson Capital Management LLC (Babson Capital), an investment management firm based in Springfield […]
New York-based Abacus Finance Group announced Wednesday that it had supported the recapitalization of BioPharm Communications by Southfield Capital. Abacus served as Administrative Agent and Sole Lead Arranger for $18.5 million in senior cash-flow financing to support the majority recapitalization, the firm said. PRESS RELEASE Abacus Finance Group, LLC (Abacus), a New York-based specialty […]
Private equity fund PCP Capital Partners is in talks to buy a central London site owned by UK developer Land Securities for 230 million pounds ($367 million), Reuters reported Wednesday. Arundel Great Court, which is located near the River Thames, has planning permission for a 1 million square foot redevelopment to contain offices, shops, 150 […]
HIG European Capital Partners has offered to buy three French alumina plants from mining group Rio Tinto, Reuters reported Wednesday. Financial details of the deal were not disclosed. Rio Tinto is selling the three plants – located in Gardanne, La Bathie and Beyrede in southern France – as part of a worldwide plan to scale […]
Skila, which is backed by BelHealth Investment Partners, is merging wtih Mederi AG. Financial terms weren’t announced. Frankfurt, Germany-based Mederi provides pharmaceutical analytics and social network intelligence to life sciences companies. The new company will be called SkilaMederi. PRESS RELEASE Skila, a leading provider of fully managed “Solution as-a-Service” (SaaS) product launch and key opinion […]
Mark Zuckerberg isn't doing conference calls so far like investors had hoped--but Facebook's stock is so hot, he probably doesn't have to do too much glad-handing to have a successful IPO...
The Los Angeles Dodgers are sold to a group of bidders for more than $2 billion--possibly giving New York's Fred Wilpon some pause about why he continues to hobble the Mets with his cash-strapped ownership.