Irving Place Capital expects to begin fundraising toward the end of 2012 for its newest fund.
Private equity firm Navis said on Wednesday it has made an unconditional takeover offer for SEG International Bhd that values the Malaysian private tertiary education provider at 1.1 billion ringgit ($359 million), Reuters reported Wednesday. (Reuters) – Private equity firm Navis said on Wednesday it has made an unconditional takeover offer for SEG International Bhd […]
Synova Capital, a UK lower middle market investor, is refinancing portfolio company CloudXL, with Clydesdale Bank providing new debt facilities. CloudXL is a provider of cloud based IT and network services to the SME sector. In April 2011, Synova completed the management buyout of Actimax and further two acquisitions were funded by Synova in 2011 […]
Norwest Equity Partners, a Minneapolis-based middle market private equity firm, has brought aboard David Ropp as an operating partner. Ropp who has served in both president and CEO positions at Dover Corporation, will focus on investment opportunities within the diversified industrials sector. PRESS RELEASE: Norwest Equity Partners (“NEP”), a leading middle market investment firm with nearly […]
Kana Software, a Silicon Valley-based customer service software company that has been majority owned by Accel-KKR since 2009, has completed its acquisition of Trinicom, a cloud-based Web customer service company in the Netherlands. Terms of the deal were not disclosed. PRESS RELEASE: KANA Software, Inc., a global leader of customer service solutions used by more […]
The Facebook IPO could now launch in June, according to CNBC.
Marsh & McLennan Companies has invested in Juniperus Capital Holdings. Financial terms weren’t announced. Juniperus is a Bermuda insurance asset manager that focuses on collateralized reinsurance and catastrophe insurance-linked securities. In January, Aquiline Capital Partners acquired a stake in Juniperus along with company management. PRESS RELEASE Juniperus Capital Holdings Limited (“Juniperus”), a Bermuda-based insurance asset […]
Graycliff Partners, a middle-market investment firm, has acquired a majority stake in Skandia Inc., a provider of products and services for the aviation industry. Terms of the deal were not disclosed. Skandia is based in Davis Junction, Illinois. The company makes products including foam used in business jet seats, and flammability testing services. PRESS RELEASE […]
Orthofix International said it agreed to sell its sports medicine business to private equity firm Water Street Healthcare Partners for $157.5 million, Reuters reported Tuesday. (Reuters) – Orthofix International NV said it agreed to sell its sports medicine business to private equity firm Water Street Healthcare Partners for $157.5 million. The medical devices company […]
CVC Capital Partners said Tuesday that it would buy a majority stake in AlixPartners LLP as the restructuring and consulting firm looks to develop its services and expand geographically, Reuters wrote. The deal, whose terms were not disclosed, is expected to close this summer. (Reuters) – Private equity firm CVC Capital Partners Ltd will buy […]