We have found that a number of our limited partners have created very professional groups to co-invest with us in deals. These groups are so responsive that we can approach them quickly, and have them take significant co-invest pieces of our deals — whereas in the previous years we might have brought in another private […]
Paintearth Energy Services Inc., a manufacturer of production enhancement equipment for North American oil and gas producers, has acquired two business units of Integrated Production Services, a division of Complete Production Services Inc. The acquisition was financed via a Cnd$8.2 million equity and subordinated note investment led by VenGrowth Private Equity Partners. Existing shareholder Canadian […]
The HealthCentral Network, an Arlington, Va.-based online provider of health and wellness information, has acquired The FoodFit Co., operator of a nutrition and active lifestyle website. No financial terms were disclosed. HealthCentral Network has raised around $36 million in VC funding from Carlyle Venture Partners, Polaris Venture Partners and Sequoia Capital. FoodFit was backed by […]
Turin Networks Inc., a Petaluma, Calif.-based provider of IP and multiservice optical transport solutions, has acquired the product portfolio and most material assets of White Rock Networks, a bankrupt provider of next-generation optical transport products for metro networks. The deal reportedly is valued at less than $4 million. Turin has raised nearly $190 million in […]
IronPort Systems Inc., a San Bruno, Calif.
SideStep Inc., a Santa Clara, Calif.-based online comparison shopping site for travel, has acquired TravelPost.com, a San Mateo, Calif.
Virgin Active, the UK-based health and fitness group owned by Virgin Group, has completed its acquisition of Holmes Place's UK business from Permira and Bridgepoint. The deal included
ImpreMedia LLC, a New York-based publisher of Spanish-language newspapers, has acquire Vista Magazine, a dual-language general interest publications with a circulation of one million. No financial terms were disclosed. ImpreMedia is a portfolio company of Halyard Capital and Clarity Partners. www.impremedia.com www.vistamagazine.com
HealthMedia Inc., an Ann Arbor, Mich.-based provider of online behavior change interventions, has acquired MySelfHelp.com, a provider of online behavioral health interventions, including programs for depression and insomnia. No financial terms were disclosed. HealthMedia has raised over $13 million in VC funding from firms like Chrysalis Ventures, Avalon Ventures, the Princeton Fund and Arboretum Ventures. […]
Buffets Inc., an Egan, Minn.-based portfolio company of Caxton-Iseman Capital, has completed its $16.25 per share acquisition of Ryan's Restaurant Group Inc. (formerly Nasdaq: RYAN). Leverage for the deal was arranged by Credit Suisse Securities, UBS Securities and Goldman, Sachs & Co., which resulted in a full refinancing of Buffets' and Ryan's existing debt; and […]