Caribbean Restaurants, the franchisee of Burger King in Puerto Rico, is considering options to refinance its existing indebtedness. The company is currently principally owned by the private equity firm Castle Harlan which bought the company in 2004. PRESS RELEASE Caribbean Restaurants, LLC, the exclusive franchisee of Burger King in Puerto Rico, is considering options to [...]

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No, People. I’m not editorializing, I’m an expert. People have to stop drinking Coors Light. Now, go try a microbrew.

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In a surprise (for me), peHUB readers have chosen Mitt Romney’s political ascension as the biggest PE story of the year.

Nearly 28% of voters picked the Bain Capital founder as 2011′s top story.

The plunge in M&A and fundraising during the second half of the year came in second with about 22% of votes. And, the fact that PE firms are actually interested in bidding for Yahoo came in third place with 19.6% of voters.

Tilman Fertitta has struck a $117 million deal for Morton’s Restaurant Group, writes Reuters. Chicago-based Morton’s said on Friday private equity firm Castle Harlan, which owns a 27.7 percent stake in the company, will tender its shares and vote in favor of the deal, wrote Reuters. (Reuters) – Tilman Fertitta struck a $117 million deal [...]

It’s Friday. Time to catch up on stories you might have missed during a busy week. Following are the peHUB posts that garnered the most unique pageviews from our regular readers between Nov. 28 and Dec. 2.

ONE: The Uniforms of Silicon Valley, a Slideshow – by Connie Loizos
TWO: Quien Es Mas Macho? A Slideshow of the Top 5 U.S. PE Funds this Year – by Luisa Beltran
THREE: Four Ways to Finesse Your Way into the Top Quartile – by Joanna Glasner
FOUR: Most Active VC firms in October: Slideshow – by Alastair Goldfisher
FIVE: Slideshow: Maine Reveals Bite Taken By Fees, Expenses – by David Toll
SIX: Venture Backed IPOs Feel The Pain, But Some Stay Above Water – by Mark Boslet
SEVEN: Court Backs Subpoenas Of Castle Harlan Over Quick Flip – by Bernard Vaughan
EIGHT: Slideshow: European PE Performance First Half 2011 – by Angela Sormani
NINE: Parish Capital Hands Keys to StepStone – by Gregory Roth
TEN: When the Majority Is Wrong – by Larry Cheng

H.I.G. Capital announced Thursday that it had completed the sale of Securus Technologies to Castle Harlan. Terms of the deal, which closed at the end of May, were not released. Securus, based in Dallas, was formed by H.I.G. in September 2004 through the merger of Evercom Systems and T-Netix. The Company provides detainee communications and information management technology for correctional facilities.

New York-based private equity firm Castle Harlan has promoted Anand Philip to the post of managing director, and added Joyce Demonteverde to the firm as a vice president. Demonteverde had previously been with Castle Harlan prior to going to the Harvard Business School. Philip has been with Castle Harlan since 2006 and was previously a vice president.

Today, we have yet another secondary deal between private equity firms.

Castle Harlan is buying Securus Technologies from H.I.G. Capital, according to my companeros at Thomson Reuters Loan Pricing Corp. Castle Harlan is currently in the market for a $365 million loan to back the deal. BNP Paribas and GE Capital are leading the financing.

In April, Securus also applied with the FCC to transfer control of the company to “Connect Acquisition Corp.” which is owned by Castle Harlan.

Morton’s Restaurant Group said Wednesday that it is exploring strategic alternatives, which may include a sale. Morton’s, which is owned by Castle Harlan and Lauren Crown Partners, has hired Jefferies & Co. as its financial advisor.

Five years after acquiring Ames True Temper, a Camp Hill, Penn.-based maker of non-powered lawn and garden tools, New York-based private equity firm Castle Harlan has completed its sale to the publicly traded manufacturing firm Griffon Corp. for $542 million. PRESS RELEASE: Castle Harlan, Inc., the New York private equity firm, announced today that Castle [...]