Catterton Partners, has acquired Sun Water Systems, Inc., the maker of Aquasana, a home water filtration system. Terms of the transaction were not disclosed.
(Reuters) – Investors on Wednesday held on to their reputation of being hard to please. The shares of drugmaker Ironwood Pharmaceuticals Inc (IRWD.O) raised less than expected, although they did close 3.6 percent above their initial public offering price on their Nasdaq debut. And Boutique investment bank Imperial Capital Group Inc (ICG.N) postponed its IPO […]
(Reuters) – Private equity group 3i (III.L) is exploring selling Nordic care home operator Ambea or listing it on a stock market, several bankers close to the deal said on Wednesday. Private Capital The company, which operates under its Mehiläinen and Carema brands, could fetch somewhere in the 700 million to 1 billion euro ($1.40 […]
The World Bank's private sector lending arm is investing more than $2 billion in sub-Saharan Africa in the 2009/10 fiscal year as investment opportunities improve, the lender's head said on Thursday.
Star Avenue Capital has purchased a majority interest in J Brand, a premium denim company. Star Avenue Capital is a Los Angeles-based consumer growth equity vehicle formed in partnership with buyout firm Irving Place Capital and entertainment and sports agency Creative Artists Agency (CAA).
LONDON (Reuters) – Guy Hands is to ask investors in his private equity group Terra Firma for 100 million pounds ($159.9 million) to cover a shortfall, saying its music company EMI will be unable to meet its loans from Citigroup this year, the Financial Times reported on Thursday. A spokesman for Terra Firma [TERA.UL] declined […]
LONDON/DUBAI (Reuters) – Dubai World’s investment arm Istithmar aims to sell port and shipping agent Inchcape Shipping Services (ISS) for up to $700 million, and has drawn interest from private equity, people familiar with the matter said. Istithmar is likely to appoint Bank of America Merrill Lynch and Royal Bank of Scotland to manage the […]
NEW YORK (Reuters) – Initial bids for Interactive Data Corp (IDC.N), the financial market data provider controlled by Pearson PLC (PSON.L), are due in mid-February, sources familiar with the situation said. Interactive Data has a market value of about $2.8 billion, based on Tuesday’s closing share price of $29.35 on the New York Stock Exchange. […]
Linden LLC has acquired Hycor Biomedical Inc., a Garden Grove, Calif.-based maker of in vitro diagnostic products, from Agilent Technologies (NYSE: A). No financial terms were disclosed. Thomson Weisel Partners advised Agilent on the sale
Dedicated Transport Holdings LLC, a portfolio company of Centerfield Capital and Patriot Capital, has acquired All Star Transportation Inc., a provider of liquid bulk trucking services to water treatment plants throughout the United States. No financial terms were disclosed.