Danish services firm ISS plans to relaunch its initial public offering in 2015 after a failed attempt last year, writes Reuters. ISS has been owned by Swedish private equity investment group EQT and Goldman Sachs Capital Partners since 2005. Reuters – Danish services firm ISS plans to relaunch its initial public offering in 2015 after […]
In less than 1.5 years, Irving Place Capital to recoup 60% of its Thermadyne investment.
Apposite Capital said Friday that it has sold SureCalm Healthcare Holdings to Amcare. Financial terms weren’t announced. SureCalm provides homecare services to patients with long term chronic conditions in the UK. Amcare is a unit of ConvaTec UK Holdings. London-based Apposite is an investment firm focused on healthcare. PRESS RELEASE Apposite Capital, the healthcare specialist […]
Universal Amercan said Friday that it has closed its $227.5 million buy of APS Healthcare. The seller was GTCR. APS provides specialty healthcare solutions primarily to Medicaid agencies. The sale was announced in January. PRESS RELEASE Universal American Corp. (NYSE: UAM) today announced that it has completed its acquisition of APS Healthcare, a leading provider […]
The Carlyle Group says it will buy an 85% stake in Brazil toy store chain Ri Happy Brinquedos, with plans to pour 200 million reais ($117 million) into the business in the next three years, Reuters reported. Terms of the deal were not released. Ri Happy was founded in 1988 and has 114 stores and […]
Kennametal Inc. has completed its acquisition of Deloro Stellite Group, buying the company from private equity firm Duke Street. Terms were not released. Deloro Stellite is a manufacturer and provider of alloy-based critical wear technology for extreme environments involving high temperature, corrosion and abrasion. PRESS RELEASE Kennametal Inc. KMT +1.11% announced today that it has […]
The Carlyle Group and Vestar Capital Partners have raised 130 million pounds ($208 million) from the sale of their remaining 11.6 percent stake in speciality chemicals company AZ Electronic Materials, Reuters reported Friday. They have been gradually reducing their stakes since listing AZ Electronic, which makes chemicals for Apple’s iPad displays, in October 2010. (Reuters) […]
McCarthy Capital, an Omaha, Nebraska-based middle-market private equity firm, has hired Michael McGovern as a principal, working out of the firm’s Boston office. McGovern joins McCarthy from Wincove Capital, a lower middle market PE firm that he cofounded in 2008. Previously, McGovern was a partner at Hampshire Equity Partners, a NY-based PE firm where he spent […]
DataCede, a Princeton, N.J.-based consulting and outsourced processing firm catering to insurance carriers, reinsurers, government regulators and state agencies, has completed its acquisition of Strategic Initiatives Management Group. Terms of the deal were not disclosed but as part of the transaction, Holly Bakke, once New Jersey’s Commissioner of Banking and Insurance a founder of Strategic Initiatives […]
The Palo Alto, Calif.-based buyout shop announced today that it has bought plastics composite company Citadel Plastics Holdings Inc. from Wind Point Partners.