Middle-market investment bank Harris Williams & Co. announced Wednesday the acquisition of Walker Group Holdings by publicly traded Wabash National Corp. Wabash paid $360 million for the company, a supplier of stainless steel products. Walker is a portfolio company of Insight Equity, a Dallas-Fort Worth, Texas based private equity firm. Harris Williams & Co. is […]
Babson Capital Management has provided mezzanine debt and equity to support Huntsman Gay Global Capital’s acquisition of Citadel Plastics Holdings Inc., the firm announced Wednesday. Citadel Plastics, based in West Chicago, Ill., is a compounder of thermoset and thermoplastic resins. PRESS RELEASE Babson Capital Management LLC (Babson Capital), an investment management firm based in Springfield […]
New York-based Abacus Finance Group announced Wednesday that it had supported the recapitalization of BioPharm Communications by Southfield Capital. Abacus served as Administrative Agent and Sole Lead Arranger for $18.5 million in senior cash-flow financing to support the majority recapitalization, the firm said. PRESS RELEASE Abacus Finance Group, LLC (Abacus), a New York-based specialty […]
Private equity fund PCP Capital Partners is in talks to buy a central London site owned by UK developer Land Securities for 230 million pounds ($367 million), Reuters reported Wednesday. Arundel Great Court, which is located near the River Thames, has planning permission for a 1 million square foot redevelopment to contain offices, shops, 150 […]
HIG European Capital Partners has offered to buy three French alumina plants from mining group Rio Tinto, Reuters reported Wednesday. Financial details of the deal were not disclosed. Rio Tinto is selling the three plants – located in Gardanne, La Bathie and Beyrede in southern France – as part of a worldwide plan to scale […]
Skila, which is backed by BelHealth Investment Partners, is merging wtih Mederi AG. Financial terms weren’t announced. Frankfurt, Germany-based Mederi provides pharmaceutical analytics and social network intelligence to life sciences companies. The new company will be called SkilaMederi. PRESS RELEASE Skila, a leading provider of fully managed “Solution as-a-Service” (SaaS) product launch and key opinion […]
The Los Angeles Dodgers are sold to a group of bidders for more than $2 billion--possibly giving New York's Fred Wilpon some pause about why he continues to hobble the Mets with his cash-strapped ownership.
DS Waters of America, an Atlanta-based provider of home and office bottled water delivery, has acquired the The Standard Companies of New Orleans for an undisclosed amount. The Standard Companies manages a nationwide distribution network that provides brewed coffee, teas, condiments, break room supplies and more to offices and food service organizations. PRESS RELEASE: DS Waters […]
Wowza Media Systems, a 7-year-old, Evergreen, Colo-based streaming media server company, has taken funding from the private equity firm Summit Partners. The firms are characterizing the financing as a minority investment. Terms of the deal are not being disclosed. PRESS RELEASE: Wowza Media Systems, LLC, the “Any Screen Done Right™” media server software company, announced […]
H.I.G. Europe, the European arm of private equity firm H.I.G. Capital, has acquired Manchester-based Brand Addition. The firm bought Brand Addition from U.K. listed firm 4imprint, in a management buyout valued at 24 million pounds ($38.3 million). PRESS RELEASE H.I.G. Europe, the European arm of global private equity firm H.I.G. Capital, today announces that it […]