NBTY names Cahillane CEO

NBTY, which is backed by the Carlyle Group, said it named Steven Cahillane its CEO. Cahillane is the former President of Coca-Cola Americas and successfully integrated Coca‐Cola Enterprises’ North American bottling operations. Cahillane succeeds Jeff Nagel and begins his new role on September 8th.


TCV, Banneker Partners invest in IQMS

Technology Crossover Ventures has made a strategic growth equity investment in IQMS. Banneker Partners also invested in IQMS. Financial terms weren’t announced. Paso Robles, Calif.-based IQMS designs and develops manufacturing ERP software for the repetitive, process and discrete industries.


Harvest Partners sells DTI

OMERS Private Equity, the PE arm of OMERS, has completed its recap of Document Technologies Holdings. The seller is Harvest Partners. Atlanta-based DTI provides legal process outsourcing services in the U.S.


Gau joins Pritzker Group Private Capital

Pritzker Group Private Capital said Tuesday that David Gau has joined the firm as its operating partner for the manufactured products team. Gau, 49, previously served as EVP of global commercial operations for Gates Corp.


Linden Capital closes Spear Education buy

Linden Capital Partners has completed its buy of Spear Education. Financial terms weren’t announced. Scottsdale, Ariz.-based Spear provides post-graduate dental continuing education content to dentists and specialists around the country. Brentwood Capital Advisors provided financial advice to Spear. Golub Capital provided debt financing.

Brand & Oppenheimer promotes Gillcrist

Brand & Oppenheimer Co. said Tuesday that it appointed Lizz Gillcrist as Business Development and Marketing Manager for Protective Fabrics. Gillcrist was previously Product Specialist in the Advanced Concepts Group for Polartec. Red Bank, N.J.-based Brand & Oppenheimer, a supplier to the textile industry, is owned by company management and Praesidian Capital.


Victory Park Capital invests in Upstart

Victory Park Capital said it would invest $100 million in Upstart loans over the next two years. Palo Alto, Calif-based Upstart is a lending platform that aims to finance people based on signs of their potential including schools attended, area of study, academic performance and work history.


Vestis Retail Group closes Sports Chalet buy

Vestis Retail Group, which is backed by Versa Capital Management, has completed its buy of Sports Chalet. The sale price is reportedly $17 million. Versa said it made a “substantial” equity investment in Vestis and has received $180 million in financing. Founded in 1959, Sport Chalet is a specialty sporting goods retailer operating 50 stores in Arizona, California, Nevada and Utah. Cappello Global/Niagara International Capital provided financial advice to Sport Chalet, while Duff & Phelps provided a fairness opinion.

Los Angeles Clippers' new owner Ballmer is introduced at a fan event at the Staples Center in Los Angeles

peHUB Second Opinion

In Second Opinion, Steve Ballmer steps down as a Microsoft board member, Uber hires President Barack Obama’s famous campaign manager, the skinny jean trend might be over and Lyft COO Travis VanderZanden has left his job.


The Riverside Company buys The Dwyer Group again

The TZP Group has sold The Dwyer Group back to The Riverside Company. Financial terms weren’t announced. Waco, Texas-based Dwyer is a holding company of seven franchise businesses focused on residential and commercial services. The companies include Aire Serv, Glass Doctor, The Grounds Guys, Mr. Appliance, Mr. Electric, Mr. Rooter (Drain Doctor in the UK and Portugal), and Rainbow International. In December 2010, The Riverside Company announced it was selling The Dwyer Group to TZP in a deal valued at $150 million.


Kohlberg & Company buys The Home Décor Companies

Linsalata Capital Partners said Monday that it sold The Home Décor Companies to Nielsen Bainbridge Group, a portfolio company of Kohlberg & Company. Financial terms weren’t announced. Southaven, Miss.-based Home Décor provides decorative home accessories to retailers throughout North America.

An alligator named "Mujo" is seen in its enclosure in Belgrade's zoo

peHUB Second Opinion

In Second Opinion, how working at Walmart for eight years devastated this woman’s family, Twitter shows users tweets that are favorited by those they follow and over one-third of Americans have not saved any money for retirement.


peHUB Second Opinion

In second opinion, Shake Shack files for an IPO, Uber’s app seems to make it safer for more women to break into the taxi industry and why smartphones are getting bigger.


SQAD buys Workhorse Software

SQAD, which is backed by Clarion Capital Partners, has acquired Workhorse Software. Financial terms weren’t announced. Evanston, Ill.-based Workhorse develops media planning and plan management tools. Metronome Partners provided financial advice to Workhorse.

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