Noel Gruber has joined BuckleySandler as counsel, with a focus on representing U.S. financial institutions on securities, corporate, transactional and regulatory matters. He previously was with Kennedy & Baris LLP.
OpSec Security Group PLC (AIM:OSG) shareholders have approved Investcorp Technology Partners' acquisition of a 29.8% ownership position. OpSec makes anti-counterfeiting protection technologies. The deal is worth a total of around £15.8 million.
The Public School Employees Retirement System of Pennsylvania (PSERS) announced that a 4.09% gain in investment performance for the fourth quarter of 2009, and 12.06% gain for the year. The system's private markets performance for the quarter was 7% and -9.62% for the year.
LONDON (Reuters) – Bank of America Merrill Lynch (BAC.N) named London-based Paul Donofrio as head of global corporate banking, a key appointment as it looks to grow the business internationally. The bank is already an industry leader in corporate banking in the United States, it said in a statement, with top positions in sectors including […]
Anthony, a Sylmar, Calif.-based maker of commercial glass refrigerator and freezer doors, has acquired Trausch Industries, an Audubon, Iowa-based provider of onsite refurbishment of refrigerator and freezer cases. No financial terms were disclosed. Anthony is a portfolio company of Aurora Capital Group, while Trausch owner Edgewater Funds will roll over some of its proceeds into a minority stake for the combined business.
Linsalata Capital Partners has acquired Eatem Corp., a Vineland, N.J.-based company that makes bases and concentrates used in soups and other food products. No financial terms were disclosed, except that GE Antares Capital provided a $37 million senior secured credit facility. peHUB first reported on the deal last month.
LONDON (Reuters) – BC Partners and Intermediate Capital Group (ICP.L) said an over-allotment option pushed proceeds from the recent Medica (MDCA.PA) IPO past $400 million, bucking investor caution in the week that three similar deals foundered. The firms sold extra shares in Medica and increased total IPO proceeds to 313.7 million euros ($425.2 million). Medica, […]
TOKYO (Reuters) – Japanese mobile communications provider Willcom Inc said on Thursday it has filed for bankruptcy with 206 billion yen ($2.3 billion) in debt, a move that will wipe out an investment made by U.S. buyout firm Carlyle. Willcom, Japan’s fourth-largest provider of mobile phone and wireless data services, has been weighed down by […]
Michael Smith has stepped down as the University of Florida‘s first chief investment officer, in order to join Global Endowment Management as a partner. He had originally come to Florida in 2004 from Duke Investment Management Co. (DUMAC), and helped to launch the University of Florida Investment Corp. (UFICO). Smith will focus of overall strategy […]
LONDON/NEW YORK (Reuters) – Private equity firms Hellman & Friedman and Silver Lake Partners are working on a joint bid for Pearson Plc’s (PSON.L) majority stake in financial market data provider Interactive Data (IDC.N), people familiar with the matter said on Wednesday. The seller has encouraged private equity firms to team up to make bids, […]