Prospect Capital Corp. said Wednesday that it invested $25 million debt to support Altamont Capital's buy of J.D. Byrider. Carmel, Ind.-based J.D. Byrider is a used car sales and finance business. Altamont Capital is the new firm started by Golden Gate Capital co-founder Jesse Rogers.
Emptoris, which is backed by Marlin Equity Partners, has bought Xcitec, a Munich, Germany-based provider of supply management services. Financial terms were not announced.
NEW YORK, May 4 (Reuters) - Wells Fargo Securities, part of Wells Fargo & Co., said on Wednesday it has hired John Jinishian to head up its West Coast technology mergers and acquisitions group. Wells Fargo has been on a hiring spree lately; earlier this week Reuters reported JPMorgan’s Mark Solomons and Akhil Ahuja joined the bank’s tech banking team.
(Reuters) – Dunkin’ Brands Group Inc, known for its Dunkin’ Donuts doughnuts and coffee and Baskin Robbins ice cream brands, filed with U.S. regulators to raise up to $400 million in an initial public offering. No shares are being offered by existing shareholders, Dunkin’ Brands said. The company, which has private equity firms Bain Capital, […]
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Spansion Inc. (NYSE: CODE) agreed to acquire certain bankruptcy claims held by SL Capital Appreciation Fund LLC, Silver Lake Sumeru Fund LP and Silver Lake Credit Fund LP. The deal has a purchase price of $29 million and has been approved by the board of Spansion, which is a Sunnyvale, Calif.-based provider of Flash memory technology.
Ted Forstmann has been treated for a malignant brain tumor and is recovering, according to a report. Fox Business News reported earlier today that Forstmann, 71, has already undergone brain surgery to remove the tumor and that he’s returned to the private equity firm that he founded, Forstmann Little & Co. Forstmann is also CEO and chairman of IMG, the talent agency that counts golf titan Tiger Woods among its star-studded client roster....
TSG Consumer Partners has bought Sexy Hair Concepts. Financial terms weren't announced. Chatsworth, Calif.-based Sexy Hair, which markets hair car products, filed for bankruptcy protection in December.
NEW YORK, May 3 (Reuters) – Private equity firm Cerberus Capital Management and Chatham Lodging Trust won an auction for the bulk of the hotels owned by bankrupt Innkeepers USA Trust, according to sources familiar with the matter. The pair will pay $1.12 billion for 64 of the chain’s hotels, according to two of the […]
Amvensys Telecom Holdings has acquired Voicecom Telecommunications, which does business as Intelliverse. Global Equity Capital is the seller. Financial terms were not announced. Atlanta-based Intelliverse provides communications services in the business-to-business market. Peter A. Sokoloff & Co. provided financial advice to Intelliverse.