San Diego-based Huntington Capital provided debt financing to newly formed Protect Plus Air Holdings, the company announced Wednesday. Huntington Capital co-invested with Plexus Capital Fund II, L.P., an SBIC mezzanine fund based in North Carolina, the company said in a written release. Protect Plus Air Holdings was setup to roll-up five air filtration companies majority-owned by Hickory, NC based Lackey Group.
Oak Investment Partners and Mansa Capital have recapitalized Independent Living Systems, a provider of long-term care, care management, post-discharge and nutrition services to the elderly and other special needs groups. Terms of the deal were not released.
Grey Mountain Partners has acquired Selma, Ala.-based Global Security Glazing, a maker of institutional security, military, and custom architectural glass and glazing products. Terms of the deal were not released. Grey Mountain Partners is a Boulder, CO-based private equity firm.
(Reuters) – Groupon Inc’s main business grew in November as the largest daily deal company extended its lead over rival LivingSocial, according to estimates released on Wednesday. Groupon’s gross billings totaled $154 million in November, up 6 percent from the $145 million it collected in October, Yipit estimated. LivingSocial’s gross billings declined 5 percent to […]
Buyout firm MidOcean Partners has acquired a majority stake in Jones & Frank, a provider of equipment distributor and repair, maintenance, and installation services provider to the fueling infrastructure industry. Terms of the deal were not released. Jones & Frank is based in Raleigh, N.C.
So you finally find this great acquisition – one of your targeted industries, consistent performance, great prospects and strong management team. Oh yeah, it does have a couple of blemishes – some customer concentration, for one, but you’re comfortable with that. What nags at you are the two owners who started the company and are […]
The Carlyle Group has acquired a 48% stake in Bahcesehir Koleji, a private education provider in Turkey. The existing shareholders, the Yucel and Karatas groups, will remain significant investors in the company. Financial terms of the transaction were not disclosed. PRESS RELEASE Global alternative asset manager The Carlyle Group (“Carlyle”) announced today that it has […]
Indian energy giant Reliance Industries is among companies in talks to buy the exploration and production (E&P) unit of US pipeline company El Paso Corp, Bloomberg reported, citing unnamed people with knowledge about the matter, reports Reuters. Private equity firm Apollo is among the other companies in talks for the unit, which is estimated to […]
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The Chicago-based private equity firms Promus Equity Partners and Generation3 Capital have purchased certain assets of LogicMark, a Fairfax Station, Va.-based company that makes personal medical alarm systems. (LogicMark says at its site that it has been acquired.) Terms of the transaction aren’t being disclosed. PRESS RELEASE: Chicago, Illinois, December 30, 2011 – Promus Equity Partners, […]