Everyone remembers Forstmann Little & Co., the once-great buyout house that never really survived the telecom crash, sputtering its way to a full-on halt in 2006. And like we all know, part of the problem, and beauty, of the buyout business is that it takes a long time to wind these things down. Today Citadel […]
CI Capital Partners has acquired Transplace, a provider of non-asset-based third party logistics and transportation management services. No financial terms were disclosed. Transplace was founded in 2000 by six U.S. freight carriers, and this year will generate more than $700 million in revenue from approximately 650 customers.
Transilwrap, a portfolio company of Nicolet Capital Partners, has acquired Quest Films Inc., a Woodstock, Ill.-based maker and distributor of thermal laminating folks. No finanjcial terms were disclosed. www.nicoletcap.com
WestView Capital Partners has acquired a minority equity position in VaultLogix, a Danvers, Mass.-based provider of online data backup and disaster recovery services to the SME market. No financial terms were disclosed. VaultLogix previously raised funding from London Bay Capital.
Versa Capital has sponsored a recapitalization of Allen-Vanguard Corp., an Ottawa, Canada-based provider of protection hazardous devices for the military and homeland security markets. No financial terms were disclosed.
Smile Brands Group Inc., a Santa Ana, Calif.-based provider of support services to dental groups in the U.S., has filed for a $143.75 million IPO. It plans to trade on the NYSE, with Credit Suisse and Jefferies & Co. serving as co-lead underwriters. The company reports around $341 million in revenue for the first nine […]
Six3 Systems Inc., a provider of national security and defense intelligence services, has acquired BIT Systems Inc., a provider of intelligence, surveillance, and reconnaissance solutions. No financial terms were disclosed. Six3 Systems is a portfolio company of GTCR, and was advised on the deal by Cook Associates. PRESS RELEASE Chicago-based Cook Associates M&A Advisory Services […]
LONDON(Reuters) – Citigroup (C.N) said it was not seeking buyers for EMI, the British music group whose owners, Terra Firma, are suing the U.S. bank for billions of dollars in damages relating to its 2007 buyout. The statement came after The Observer newspaper reported on Sunday that Citi was lining up buyers for EMI, attempting to […]
Eagle Energy, a Tulsa, Okla.-based upstream oil and gas company, has raised an undisclosed amount of private equity funding from The Riverstone/Carlyle Global Energy and Power Funds.
Rave Cinemas LLC, a newly-formed acquisition platform backed by TowerBrook Capital Partners and Lambert Media Group, has agreed to buy the business operations and select real estate assets of up to 35 movie theaters from National Amusements Inc. No financial terms were disclosed. It also has acquired four theaters from Rave Reviews Cinemas, a portfolio company of Boston Ventures.