Unitranche loans are not so simple anymore--but that may just be a good thing for borrowers.
KRG Capital Partners has invested in Ansira Partners. Financial terms weren’t disclosed. Ansira is a engagement marketing agency. News of the deal was announced by AdMedia Partners, which provided financial advice to KRG. PRESS RELEASE M&A firm AdMedia Partners today announced that it acted as exclusive financial advisor to KRG Capital Partners (KRG), a Denver-based […]
Monday kicks off with a big LBO deal, with a New York-based company being taken private by a pair of big backers.
Japan’s Marubeni Corp. and Innovation Network Corp. of Japan, a state-sponsored fund, have agreed to buy offshore services company Seajacks International from private equity firm Riverstone Holdings. Terms of the deal were not released. The deal is expected to close in April. PRESS RELEASE Marubeni Corporation (TYO: 8002), one of the largest Japanese trading companies, […]
Apollo Management-backed U.S. industrial firm Rexnord Corp. said it expects to sell 23.7 million shares in its initial public offering at between $18 and $20 apiece, Reuters wrote Monday. In May last year, Milwaukee, Wisconsin-based Rexnord had revived its plans to go public after two failed attempts, filing to raise $700 million in its IPO. […]
Dutch cable company Ziggo has increased the number of shares on offer in its Amsterdam listing due to strong demand from investors, writes Reuters. This could take possible proceeds from the sale to as much as 925 million euros ($1.2 billion). Selling shareholders, which include private equity firms Cinven and Warburg Pincus will now sell […]
Beijing-based WestSummit Capital announced that it has backed Chinese optical lens provider Union Optech, which develops lenses and sensors used in security cameras, smartphones, and other mobile devices. Terms of the funding were not disclosed. Beijing-based WestSummit also invests in U.S. companies from its location in Palo Alto, Calif. PRESS RELEASE WestSummit Capital Expands Mobile Ecosystem Portfolio […]
Middle-market private equity firm BV Investment Partners has recapitalized DTT, a provider of surveillance and business intelligence services to the restaurant and hospitality industries. Terms were not released. BV will have a controlling interest in the company. Formed in 1999, DTT is based in Los Angeles. PRESS RELEASE Post Capital Partners LLC (“Post Capital”) is […]
Vista Equity Partners has acquired San Diego-based Essential Learning, a provider of interactive e-learning software for behavioral and community health, substance abuse, corrections, developmental disability and child welfare organizations. Terms were not released. PRESS RELEASE Essential Learning, LLC (“Essential Learning”), the leading provider of interactive e-learning solutions for behavioral and community health, substance abuse, corrections, […]
Groupon has already seen its share price challenged in 2012--the last thing the daily deals champion needs is to become embroiled in an investigation or a scandal.