Wesco Aircraft Hardware Corp., a portfolio company of The Carlyle Group, has agreed to acquire Airtechnics Inc., a Wichita, Kansas-based distributor of electrical components to the aerospace market. No financial terms were disclosed for the deal, which is expected to close later this month. Bank of America and Lehman Brothers are providing financing. PRESS RELEASE […]
Waterfront Media, a New York-based online health media company, has acquired online search company Netramind. No financial terms were disclosed. Waterfront Media has raised around $35 million in VC funding, from firms like Scale Venture Partners, Rho Ventures, Foundation Capital, Time Warner Ventures, BEV Capital and Neocarta Ventures. PRESS RELEASE Waterfront Media, the largest privately […]
EduK Group, a post-secondary educational institution in Puerto Rico, has acquired Ponce Paramedical College. No financial terms were disclosed. EduK is a portfolio company of Leeds Equity Partners. PRESS RELEASE EduK Group, the leading proprietary postsecondary institution in Puerto Rico, and its majority shareholder Leeds Equity Partners, the New York-based private equity firm, today announced […]
Restricted Stock Partners, a New York-based online marketplace for restricted securities and other illiquid assets, has acquired Trade Receivable Exchange Inc. (T-REX), an online auction platform for the bankruptcy trade claims market. No financial terms were disclosed. RSP is backed by Pequot Ventures. PRESS RELEASE Restricted Stock Partners (RSP) announced today that it has acquired […]
LONDON (Reuters) – Britain's Astex Therapeutics has signed a cancer drug research deal with Johnson & Johnson (JNJ.N: Quote, Profile, Research) potentially worth more than $500 million in milestone payments, it said on Monday. The privately owned biotech company will receive upfront payments, cash and equity payments and research funding of $37.4 million over two […]
You can’t go to an industry conference these days without hearing at least one limited partner lament the disappointing performance expected from vintage 2006 and 2007 funds. Too much money put to work at too high a price in the early months of those vintages; then came a credit crunch that deflated those wonderfully lofty […]
ProSiebenSat. 1 Media AG of Germany has acquired Feeem Media, a Munich-based company developing an online women's content network called Fem.com. No financial terms were disclosed. KKR and Permira acquired a controlling stake in ProSieben last year.
Merced Systems, a Redwood Shores, Calif.-based provider of sales and service performance management software, has acquired Practique Associates, a UK-based provider of incentive compensation management solutions. No financial terms were disclosed. Merced has raised around $2.5 million from firms like Sutter Hill Ventures and Western Technology Investment. PRESS RELEASE Merced Systems, the leader […]
NetQoS Inc., an Austin, Texas-based provider of enterprise network performance analysis products and services, has acquired Helium Systems, a Valencia, Calif.-based provider of financial trade monitoring software. No financial terms were disclosed. NetQoS is a portfolio company of Liberty Partners.PRESS RELEASE NetQoS Inc., a provider of network and application performance management products and services for […]
Citadel Plastics, a portfolio company of Wind Point Partners, has acquired Bulk Molding Compounds Inc., a producer of thermoset bulk molding compounds with around $110 million in annual revenue. No pricing terms were disclosed. Leveraged financing was provided by Dymas Capital, JPMorgan Chase, MCG Capital Corp. and PNC Mezzanine Capital. PRESS RELEASE Wind Point Partners, […]