Water Street Healthcare Partners has sponsored a merger of healthcare product distributors Tri-anim and Bound Tree Medical. Tri-anim distributes respiratory and EMS products, while Bound Tree supplies EMS products. Water Street has committed $75 million in equity financing to grow the combined company, which is expected to generate more than $400 million in revenue. PRESS […]
“Capital gains taxes are going up no matter who gets elected president, or what party they’re from. That’s just how it’s going to be.” Those were the words back in January of one of this space’s better sources – an ardent Republican who had not yet decided who to support in his state’s GOP primary. […]
Winebow, a wine importer backed by Freeman Spogli & Co., has agreed to acquire Click Wine Group, a wine marketing and branding company whose products include Fat Bastard from France, Root:1 from Chile, and Clean Slate from Germany. No financial terms were disclosed. PRESS RELEASE Leonardo LoCascio, President, CEO and founder of Winebow, […]
Zayo Bandwidth, a Louisville, Colo.-based regional provider of fiber-based network services, has acquired Northwest Telephone Inc., a CLEC and IXC currently operating in Washington, Oregon and Idaho. No financial terms were disclosed. Zayo last year secured access to $225 million in private equity funding, from firms like Columbia Capital, M/C Venture Partners, Oak Investment […]
Direct Group, a UK-based provider of corporate and affinity services to the insurance sector, has acquired Millennium Insurance for an undisclosed amount. Direct Group was acquired last summer in a
Collective Media, a New York
The Supreme Court of Canada yesterday said that it would hear BCE’s appeal of a lower court ruling that threatens to derail its C$34.8 billion buyout. Oral arguments will be made the morning of June 17, at which point the three-judge panel can issue a ruling or push for a fuller process. Conventional wisdom is […]
Total Safety U.S. Inc., a Houston, Texas-based portfolio company of DLJ Merchant Banking Partners, has acquired Callaway Safety Equipment Co., a provider if safety services to the oil and gas industry. No financial terms were disclosed. PRESS RELEASE Total Safety U.S., Inc. announced today that it has acquired the assets of Callaway Safety Equipment Co., […]
KSL Capital Partners, a Denver-based private equity firm focused on the leisure and recreation sectors, is out raising up to $500 million for a “supplemental” fund to KSL Capital Partners II, the $1 billion vehicle it closed in mid-2006. Kind of surprising from the outside looking in for two reasons: (1) KSL II was just […]
Sorrento Networks, a Denver-based provider of metro optical access solutions, has acquired the assets of Redfern Broadband Networks, an Australia-based maker of optical networking equipment. No financial terms were disclosed. Sorrento was formed earlier this year by CHB Capital Partners, which carved out the fiber optics division of Zhone Technologies Inc. (ZHNE). Redfern […]