Main Line Broadcasting, a portfolio company of Arlington Capital Partners, has agreed to acquire ten radio stations from Radio One Inc. No financial terms were disclosed for the deal, which includes stations in the Louisville, Kentucky and Dayton, Ohio markets. www.mlbroadcasting.com
Active Interest Media Inc., an El Segundo, Calif.-based enthusiast media company, has acquired Backpacker Magazine for an undisclosed amount. AIM was formed in 2003 by Wind Point Partners. www.aimmedia.com www.backpacker.com
Sonoco (NYSE: SON) has agreed to acquire Matrix Packaging from Tricor Pacific Capital and the company founders, for approximately US $210 million. The deal is expected to close by the end of June. Matrix Packaging is a Mississauga, Ontario-based manufacturer of custom-designed blow-molded rigid plastic containers and injected-molded products. It was advised on the sale […]
Bank of America plans to float a private equity fund-of-funds on the Amsterdam Euronext later this year, according to Dow Jones. The vehicle will be co-managed by Oak Hill Investment Management.
The Oregon state legislature has passed a bill codifying the type of information that the state treasury must disclose regarding its private equity investments. The disclosed data will include
Jefferies & Company has formed a Corporate Equity Services group, which will provide equity services to corporations, financial sponsors and venture capital firms. It will be led by Peter Rosenthal, who previously was managing director and head of corporate services with Needham & Company. www.jefferies.com
Adele Cirone Oliva has agreed to join Quaker BioVentures as a partner, with a focus on life sciences opportunities in the Mid-Atlantic region. The move is effective next month, at which point Oliva will leave her post as co-head of U.S. healthcare for Apax Partners. www.QuakerBio.com
Donald Richards has joined middle-market I-bank Mirus Capital Advisors as a Boston-based partner. He previously was a partner with NorthShore Capital Advisors, a middle-market transaction advisory firm. www.merger.com
The Iowa Public Employees' Retirement System has named Karl Koch as its new chief investment officer, following the December retirement of Kathy Comito. Koch previously was head of the IPERS private equity program. It remains unclear if the $23 billion system will name a new private equity chief, or if Koch will continue directly managing […]
TriMas Corp., a Bloomfield Hills, Mich.-based manufacturer of engineered products, priced 11 million common shares at $11 per share ($11-$13 range), for an IPO take of approximately $121 million. It will trade on the NYSE under ticker symbol TRS, while Goldman Sachs and Merrill Lynch served as co-lead underwriters. TriMas operated as an independent company […]