21 Investmenti, a France and Italy-focused growth investor, will close its second buyout fund in the coming weeks with commitments in excess of
Thoma Bravo portfolio company Hyland Software purchased Liberty Information Management Systems for an undisclosed price. Liberty Information, based in Cleveland, Ohio, does creates document management software systems .
TA Associates may lose its $320 million investment in Steve & Barry's, the Port Washington, N.Y.-based clothing retailer that's expected to file for bankruptcy, according to news reports. The business was flagged as a restructuring candidate several weeks ago and has failed to find rescue financing. In addition to TA, General Electric Co. invested $200 […]
Sterling Partners-backed Prospect Mortgage Co. acquired 60 retail branches of IndyMax Bancorp for an undisclosed price. Sterling Partners created Prospect in 2006 as a part of a contrarian role-up strategy.
Goldner Hawn Johnson & Morrison-backed Wilsons The Leather Experts sold 116 of its outlet stores to G-III Apparel for $22.4 million.
Blue Point Capital Partners sold BP Metals LLC to PE firm Protostar Partners for an undisclosed price. BP Metals, based in TKTK, was created in 2006 to hold four operating companies which produce transportation, aerospace and energy components.
VideoIQ Inc secured $10 million in Series B funding from Lehman Brothers, Matrix Partners and Atlas Venture. The Bedford, Mass.-based company developsvideo surveillance and analytics products. BEDFORD, Mass. (July 9, 2008)
Stephen Brodsky will join Vernon & Park Capital, a private equity firm focused on the financial market and exchange sector. Brodsky will leave his position as the president of CHX Holdings, the parent company of the Chicago Stock Exchange, where he also served as the CFO and head of strategic planning for the exchange. CHICAGO, […]
The Jordan Company-backed Worldwide Clinical Trials acquired MediQuest, a contract research organization based in Eastern Europe. MediQuest is Worldwide Clinical Trials's fifth add-on. Deal details were not disclosed. NEW YORK, NY
Legend Capital has raised $400 million for a private equity fund focused on technology, media and telecom in China. Legend Capital is part of Legend Group, based in Hangzhou, China. The new fund's parent company has invested $160 million in the fund. Consumer products will comprise 20% to 30% of the fund's investments. HANGZHOU, China, […]