Harvest Partners has invested in Insight Global Inc. Financial terms were not disclosed. However, Harvest, New York private equity firm, said its stake is "significant." Insight Global, of Atlanta, is a provider of information technology staffing services.
Resilience Capital Partners has closed its buy of Taylor Lumber Inc. Financial terms were not announced. Taylor, of McDermott, Ohio, is a leading producer of rift and quartered sawn lumber. Resilience Capital is a private equity firm based in Cleveland. PRESS RELEASE Resilience Capital Partners (www.resiliencecapital.com), a Cleveland-based private equity firm has completed the acquisition […]
An affiliate of CCMP Capital Advisors LLC has closed its buy of Infogroup, a Omaha database provider. Clare Hart was named Infogroup's president and CEO. CCMP, of New York, is a private equity firm.
Private equity fundraising is tough right now. Globally, PE firms raised $41.3 billion in second quarter, the lowest total since 2003, according to data from Preqin. The second quarter results are also down 55% from the $92 billion amassed by PE firms in second 2009. The number of firms marketing has also dropped. There are […]
Lightyear Capital has completed the sale of NAU Group to QBE Holdings Inc. QBE has made a cash payment of $565 million. Also, NAU stockholders will receive a $30 million cash dividend prior to the closing. NAU, of Ramsey, Minn., is a leading writer and manager of multi-peril crop insurance. New York-based Lightyear is a private equity firm.
CHICAGO (Reuters) - A private equity firm that has invested in several retailers has taken a 9.5 percent stake in BJ's Wholesale Club Inc and said it may propose taking the warehouse club operator private.
General Atlantic said Thursday that it has completed its buy of First Republic Bank. General Atlantic co-led a group of investors, which included Colony Capital, to buy First Atlantic from Bank of America. The deal was announced in late 2009. Financial terms were not announced. First Republic is a San Francisco bank and wealth management firm. General Atlantic is a private equity firm based in Greenwich, Conn.
Brinker International Inc. has closed its sale of On the Border Mexican Grill & Cantina to OTB Acquisition LLC, an affiliate of Golden Gate Capital. Gross proceeds for the deal were $180 million. Brinker, of Dallas, is a casual dining restaurant company. Golden Gate is a San Francisco private equity firm.
GE Capital said Thursday that it has completed its acquisition of the factoring business of Royal Bank of Scotland Group Plc. Financial terms were not announced. RBS, a UK bank, is disposing of non-core assets.
Aptuit has bought GlaxoSmithKline's Medicines Research Center in Verona, Italy. The arrangement is effective July 1. Financial terms were not disclosed. Aptuit, a pharmaceutical services company, is a portfolio company of Welsh, Carson, Anderson & Stowe. GSK is a research-based pharmaceutical and healthcare company.