(Reuters) – Hampton Roads Bankshares Inc (HMPR.O) said it has entered into agreements with institutional investors to raise $255 million in capital, and also plans to conduct a $20 million rights offering. The company said private equity firm Carlyle Group and private investment firm Anchorage Advisors, L.L.C. would buy 168.8 million shares for about $73 […]
CITG Capital Partners has sold branded merchandise distributor Evigna to Bensussen Deutsch & Associates Inc. No financial terms were disclosed. Cobblestone|Harris Williams advised Evigna on the sale.
John Caple has joined Comvest Group as a managing director in the firm’s West Palm Beach office, according to an email recently sent out to freinds and colleagues. He previously was a principal with H.I.G. Capital. www.comvest.com
The Halifax Group has sold its majority equity stake in Taylor Companies LLC, a for-hire crude oil logistics company, to Gibson Energy ULC for an undisclosed amount.
Lloyds Development Capital has sponsored a £15 million management buyout of UK luggage maker Antler from Barclays Private Equity. No financial terms were disclosed. www.antler.co.uk
Mark Degner has joined Liquid Realty Partners as director of acquisitions. He previously was an executive director with Morgan Stanley.
Warburg Pincus has agreed to invest $138 million into Sterling Financial Corp. (Nasdaq: STSA), as part of the bank holding company’s recapitalization. THL Partners previously had agreed to invest $175 million, but will adjust its investment to match that of Warburg Pincus. PRESS RELEASE Sterling Financial Corporation (NASDAQ:STSA) (“Sterling”), the bank holding company of Sterling Savings […]
Morgan Stanley Private Equity has formed a strategic partnership with Bill Mitchell, former chairman and CEO of Arrow Electronics, to form an IT services provider focused on serving small and medium sized businesses (SMBs). The new platform will be created via investments and/or acquisitions.
Gammadata, a Stockholm-based applied physics company, has raised SEK 29.5 million ($3.74m) from InnovationsKapital.
MELBOURNE (Reuters) – Australian private hospital operator Healthscope Ltd (HSP.AX) on Monday said it would let its private equity suitors review its books over the next several weeks as they look to seal a $1.5 billion offer for the group. Healthscope advised shareholders take no action on the offer of A$5.75 a share from TPG […]