Century-old specialty paper maker Appleton Papers, based in Appleton, Wisconsin, will combine with Hicks Acquisition Company of Dallas, a special purpose acquisition company founded and headed by Thomas Hicks, to create a combined company on the Nasdaq. The companies are not disclosing how much of a stake in Appleton Hicks is getting for its investment […]
Affiliates of the private equity firm H.I.G. Capital have acquired Comverge, an energy management company, for $1.75 per share in cash in a roughly $49 million buyout. Comverge is based in Norcross, Georgia. PRESS RELEASE: Comverge, Inc. (“Comverge”) and H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity investment firm, today announced that they have […]
Piramal Healthcare, a Mumbai-based pharmaceuticals company, has agreed to acquire the Burlington, Mass.-based healthcare data provider Decision Resources Group from Providence Equity Partners for approximately $635 million. PRESS RELEASE: Piramal Healthcare Limited, an innovation led company, has agreed to acquire Decision Resources Group a US based company in the healthcare information segment, from Providence Equity […]
Twenty billion dollars is a heck of a lot of money. That's how much Mark Zuckerberg, Facebook's founder and chief executive, is worth now that Facebook has priced its initial public offering at $38 per share. But just how much dough is $20 billion these days? Here are a few ways to think about it...
Palladium Equity Partners may finally get to exit Taco Bueno after seven years.
Pearson, the London-based learning company, is today announcing the acquisition of Certiport from Spire Capital Partners for $140 million in cash. Founded in 1997 in Utah, Certiport develops, markets and distributes certification exams and practice tests of IT and digital literacy skills PRESS RELEASE: Pearson, the world’s leading learning company, is today announcing the acquisition of […]
Electronics testing equipment maker Agilent Technologies Inc., which is backed by Sweden-based private equity group EQT, will pay $2.2 billion in cash to buy Denmark-based cancer diagnostics company Dako, Reuters wrote Thursday. The deal is expected to close in two months, Reuters said. (Reuters) – Electronics testing equipment maker Agilent Technologies Inc, backed by […]
UK-based development capital investor Smedvig Capital has sold Ocean Outdoor, an operator of digital out of home advertising sites to mid-market private equity house, LDC. Smedvig invested in Ocean in 2008, taking a majority stake and hired key senior team members including Chairman Tom Goddard, a former CEO of the international division of CBS Outdoor […]
Trinity Hunt Partners has invested in Equivalent DATA. Financial terms weren’t disclosed. Houston-based EQD provides electronic discovery services to law firms and corporate legal departments nationwide. PRESS RELEASE Trinity Hunt Partners, a Dallas-based private equity firm with an extensive track record of partnering with business owners to build value, today announced the firm has made […]
Peterson Partners has invested $3.5 million in Globe Equity Partners’ buy of CLEO Communications. The investment is part of a buyout deal with participation from a number of investors, the statement said. Loves Park, Ill.-based CLEO provides enterprise software. Mahesh Rajasekharan will become CEO and Sumit Garg will assume the role of president of CLEO. […]