A10 Capital said Wedneday that it has completed to two transactions. In the first, H.I.G. Capital made an equity investment in A10 that facilitates up to $100 million in additional equity. A10, in a second deal, completed a $100 million bond offering. A10 Capital specializes in small to middle market commercial mortgage loans. PRESS RELEASE […]
WOW! Internet, Cable & Phone, which is backed by Avista Capital Partners, has agreed to buy Knology for $19.75 a share or about $1.5 billion. Knology is a cable company that serves 10 markets in the Southeast and three markets in the midwest. Credit Suisse, Morgan Stanley, RBC Capital Markets, SunTrust Robinson Humphrey and Bank […]
Summit Partners has acquired a majority stake in Help/Systems. Financial terms weren’t disclosed. Audax Group was the seller. Eden Prairie, Minn.-based Help/Systems provides automated operations, security and business intelligence software solutions. The deal is the second time Summit has invested in Help/Systems. The growth equity firm initially invested in the company in 2005 and sold it […]
New Mountain makes its biggest bet ever on AmWINS
North Castle Partners has backed Palladio Beauty Group, in partnership with CEO and owner Philip Solomon in a management buyout. The terms of the investment were not disclosed. Based in Hollywood, Florida, Palladio Beauty Group is a marketer of color cosmetics and skincare products sold primarily through the beauty supply and professional beauty channels. PRESS […]
US-based private equity investor Lindsay Goldberg has acquired Weener Plastik AG, a German-headquartered manufacturer of plastic packaging. International investment banking firm Livingstone acted as exclusive financial advisor to the shareholder families of Weener. PRESS RELEASE Livingstone, the leading independent, international investment banking firm, is pleased to announce the recent sale of WEENER Plastik AG (“Weener” […]
Standard Chartered‘s private equity arm expects to close a $100 million private equity deal in the Gulf Arab region before the end of this year, writes Reuters. The British investor in mid-market deals last year bought a minority stake in family-owned Saudi Binladin Group’s unit for $75 million. The bank also completed a $75 million […]
Today's peHUB First Read asks if Instagram is another boy's club tale, gets to the bottom of why the UK is gassy and checks into the PE debt updates.
Brooks, Houghton & Co., a New York-based bank serving middle market and emerging growth companies, announced today that it acted as the exclusive advisor to Memorial MRI & Diagnostic Center in the recapitalization of the company to Baymark Partners, a Dallas-based private equity firm. Terms for the Houston-based company were not disclosed. PRESS RELEASE: Brooks, […]
MTS Health Investors, a New-York based healthcare private equity firm, announced today that it has partnered with the physician owners of Florida Gulf-to-Bay Anesthesiology Associates to recapitalize the business and provide capital to support future growth. Management, led by President and CEO Devanand Mangar, will retain a significant stake in the company. Terms of the […]