Distribution International, an Audax Group portfolio company, has completed the acquisition of IDC Corporation. IDC is a New York-based distributor of mechanical insulation, abatement, fire stopping, and safety products. Terms of the deal were not released. PRESS RELEASE Distribution International, an Audax Group portfolio company, has completed the acquisition of IDC Corporation (“IDC”). Headquartered in […]
Korea Life Insurance said on Friday that it has placed a final bid for a controlling stake worth about $875 million in Tong Yang Life Insurance Co Ltd., Reuters reported. Private equity firm Vogo Fund is seeking to sell an up to 60.7% stake in Tong Yang, worth about 989 billion won ($875.61 million) at […]
peHUB's Friday First Read comes with Monster linking out, Congress playing fair, and student debt growing (and growing and growing...)
Krystal Co., which is known for its sliders, has found a buyer in Argonne Capital Group.
TSG Consumer has taken a minority stake in Rebecca Minkoff, the designer known for her "Morning After Handbag."
This morning's peHUB First Read covers the alleged shame in working at Goldman, why you need to watch what you tweet when you work on the Street and at long last, NYC has a QB who makes Eli Manning look downright hip.
Align Networks, which is backed by General Atlantic, is merging with Universal SmartComp, which is a portfolio company of The Riverside Co. Financial terms weren’t disclosed. The combined company will operate under the Align Networks brand name and be led by Align CEO and President Butch Hofstetter. Both General Atlantic and Riverside will remain investors […]
After seven years, the former Bear Growth Capital Partners is selling New Chapter, a vitamin provider, to Procter & Gamble.
The Canada Pension Plan Investment Board (CPPIB) yesterday announced that it’s delving deeper into the Vancouver real estate market, acquiring a 50 percent interest in two downtown Vancouver office properties whose total valuation is $230 million. Oxford Properties — the real estate investing arm of OMERS, the Ontario Municipal Employees Retirement System, another major Canadian […]
A fund affiliated with Apollo Global Management said it will acquire the Irish consumer credit card portfolio of Bank of America Europe Card Services. The transaction, terms of which were not disclosed, will preserve about 250 jobs in Ireland, Apollo said in a statement. (Reuters) – A fund affiliated with Apollo Global Management LLC said […]