DS Waters of America, an Atlanta-based provider of home and office bottled water delivery, has acquired the The Standard Companies of New Orleans for an undisclosed amount. The Standard Companies manages a nationwide distribution network that provides brewed coffee, teas, condiments, break room supplies and more to offices and food service organizations. PRESS RELEASE: DS Waters […]
Wowza Media Systems, a 7-year-old, Evergreen, Colo-based streaming media server company, has taken funding from the private equity firm Summit Partners. The firms are characterizing the financing as a minority investment. Terms of the deal are not being disclosed. PRESS RELEASE: Wowza Media Systems, LLC, the “Any Screen Done Right™” media server software company, announced […]
H.I.G. Europe, the European arm of private equity firm H.I.G. Capital, has acquired Manchester-based Brand Addition. The firm bought Brand Addition from U.K. listed firm 4imprint, in a management buyout valued at 24 million pounds ($38.3 million). PRESS RELEASE H.I.G. Europe, the European arm of global private equity firm H.I.G. Capital, today announces that it […]
Charlesbank Capital Partners has agreed to acquire the Higher Education Readiness division of publicly traded The Princeton Review Inc. Terms of the deal were not released. Charlesbank Capital Partners is a middle-market private equity investment firm based in Boston and New York. PRESS RELEASE Charlesbank Capital Partners announced today that it has signed an agreement […]
A Sony-led group has offered concessions to EU regulators in a bid to gain approval for its proposed acquisition of record label EMI‘s music publishing business, Reuters reported Tuesday. Sony, with Blackstone Group, Abu Dhabi’s Mubadala Development Co., Raine Group and movie mogul David Geffen trumped rival BMG for EMI Publishing, whose catalogue includes songs […]
Blackstone Group and Bain Capital plan to take Michaels Stores Inc. public, nearly six years after they bought North America’s largest retailer of arts and crafts for more than $6 billion, Reuters reported Monday. Blackstone and Bain collectively own 93% of Michaels Stores, according to regulatory filings. JPMorgan Chase & Co and Goldman Sachs Group […]
Skilled nursing facilities are facing a secular shortage--of cash, from the federal government!
Dutch cable operator Ziggo has finalised its IPO on NYSE Euronext in Amsterdam. Ziggo’s investors include private equity firms Cinven and Warburg Pincus. PRESS RELEASE Ziggo N.V. (“Ziggo” or the “Company”), the largest cable operator in the Netherlands, today announces that it has successfully settled its IPO. The Joint Bookrunners on behalf of the underwriting […]
Tuesday morning's First Read brings an end to sliming, keeps a keen eye on DSK and watches the latest from the deal scene.
European private equity firm, Cinven has acquired CPA Global, a global provider of intellectual property management services and software. Cinven acquired CPA Global from its previous shareholders, including Intermediate Capital Group and the founder shareholders for an undisclosed amount. CPA Global was founded in 1969 in Jersey, Channel Islands to manage patent renewals on behalf […]