Triton Pacific Capital Partners has acquired a majority interest in Dick’s Last Resort, a branded restaurant chain headquartered in Nashville, Tennessee. No financial terms were disclosed. PRESS RELEASE Triton Pacific Capital Partners, LLC, a well established private equity firm headquartered in Los Angeles, announced today that it made a majority investment in Dick’s Last Resort […]
Hispania Capital Partners has held a first close on over $105 million for its second fund, which is targeting between $150 million and $200 million. The Chicago-based firm focuses on lower-middle-market companies that provide goods and services to the Hispanic demographic in the U.S. and Puerto Rico. Limited partners include Verizon’s Pension Fund, the Municipal Employees' Annuity & Benefit Fund of Chicago, the Public School Teachers' Pension & Retirement Fund of Chicago, CalPERS, Credit Suisse’s Customized Fund Investment Group, the Connecticut Retirement Plans & Trust Funds and the New York City Employee Retirement System.
Mark Dempster, Steven Satov and Kevin Tscherne have joined Thomas Weisel Partners Group. Dempster will be an I-banking managing director focused on healthcare, and joins from Banc of America Securities. Satov will be a managing director of institutional sales, and previously was with Merrill Lynch Canada. Tscherne will be a director in trading focused on healthcare, and comes from Citi.
TA Associates is planning to raise $3.5 billion for its next buyout fund, and $750 million for its next subordinated debt fund, according to LBO Wire. The Boston-based firm is expecting to hold a first close on the buyout fund by April 30. www.ta.com
Riverside Partners has promoted Philip Borden to general partner. He joined the firm in 2005, before which he spent time at both Oxford Bioscience Partners and Frazier Healthcare Ventures.
Global Finance SA has sponsored a leveraged buyout of Greek healthcare group Euroclinic from Eureko BV, for an undisclosed amount. Eureko will retain a 25% equity interest in Euroclinic. Proskauer Rose advised Global Finance on the deal.
Acresso, a portfolio company of Thoma Bravo, has completed its acquisition of Intraware Inc. (Nasdaq: ITRA), a provider of digital delivery and management services. The total deal was valued at approximately $27 million, or $4 per share. Savvian managed the process for Intraware.
Chesapeake Energy Corp. (NYSE: CHK) has sold certain assets in the Anadarko and Arkoma Basins in a volumetric production payment transaction to Argonaut Private Equity. GS Loan Partners is helping to finance the deal, which is valued at $412 million.
Alexander Gallo Holdings, an Atlanta-based provider of court reporting and litigation support services, has acquired Verdict Systems LLC, a Tempe, Ariz.-based maker of trial presentation software. No financial terms were disclosed. Alexander Gallo is a portfolio company of Accel-KKR.
JMH Capital has acquired a majority stake in Walker Wood Products, a Temecula, Calif.-based maker of kitchen cabinets, according to LBO Wire. www.jmhcapital.com