Sun Capital Parters said Wednesday that it has closed the sale of Del Monte Canada to ConAgra Foods. EG Capital Group also sold its minortiy stake in Del Monte Canada. The sale was announced in January. PRESS RELEASE Sun Capital Partners, Inc. (“Sun Capital,”) a leading private investment firm specializing in leveraged buyouts and investments […]
EPiServer, which is backed by IK Investment Partners, has acquired Mediachase. Financial terms weren’t disclosed. Los Angeles-based Mediachase designs and builds software for companies looking to streamline internal and external business activities. News of the deal was announced by Marcum Cronus Partners, which provided financial advice to Mediachase. PRESS RELEASE Marcum Cronus Partners LLC (Marcum […]
BarrierSafe Solutions International, which is backed by Odyssey Investment Partners, has bought High Five Products. The seller was David Gust, who founded the company in 1996. Financial terms weren’t announced. High Five provides disposable gloves and non-woven apparel. PRESS RELEASE BarrierSafe Solutions International, Inc., a preeminent player in the U.S. disposable protective glove segment of […]
A study from PitchBook says large funds generate better IRRs. But one PE exec doesn't think that's accurate.
Beekman Group has made a majority investment into Aero Medical International, an entity formed to recapitalize and merge Aero Jet International and Air Ambulance Professionals Inc. The merger will create the leading fixed-wing air ambulance services provider in the Southeastern U.S., the firm said Wednesday. Terms were not released. PRESS RELEASE The Beekman Group […]
New-York based private equity firm MTS Health Investors has acquired Woodbury Health Products Inc., a direct-to-consumer distributor of incontinence and catheter-related supplies. The seller was Health Edge Investment Partners. Terms were not released. This acquisition was made from MTS Health Investors II, L.P., which closed in 2007 and is now fully invested, the firm said. […]
Qatari investors have bought the remaining 30% of French soccer club Paris St Germain, according to Colony Capital, the U.S. investment fund that sold the stake. Qatar Sports Investment bought the stake roughly eight months after Colony had sold the other 70% of the capital city’s only Ligue 1 club to Qatari investors, Reuters wrote […]
Siemens Enterprise Communications wants an initial public offering in the United States by end 2012, Reuters reported Tuesday. SEN specializes in communications systems for large corporations. The company’s current owners are Siemens, which holds a 49% stake, and private equity firm Gores Group, which owns the rest. (Reuters) – Siemens Enterprise Communications wants an initial […]
Finland’s state investment agency Solidium has bought a 5.1 percent stake in mining technology company Outotec for an average 39.10 euros per share and may increase its stake, Reuters reported Wednesday. The total investment was around 91 million euros ($119 million), Solidium said. (Reuters) – Finland’s state investment agency Solidium has bought a 5.1 percent […]
Private equity group Weinberg & Bell Group has acquired Londonderry, New Hampshire-based AeroRepair and Hemico. The business was purchased for an undisclosed price. Financing for the transaction was provided by the current senior lender, TD Bank, and Huntington Capital Investment Company based in Columbus, Ohio. PRESS RELEASE Weinberg & Bell Group (“WBG”) announced today the […]