Palladium Puts Cannella Response TV On the Block
Posted on: February 25, 2013 by Luisa BeltranNo Comments »
Palladium Equity Partners, which is currently out fundraising, has put Cannella Response Television up for sale, two sources say.
Posted on: February 25, 2013 by Luisa BeltranNo Comments »
Palladium Equity Partners, which is currently out fundraising, has put Cannella Response Television up for sale, two sources say.
Posted on: December 17, 2012 by Luisa BeltranNo Comments »
Palladium Equity Partners said Monday it has agreed to sell Wise Foods to Arca Continental. Financial terms were not announced. Berwick, Pa.-based Wise Foods is known for its salty snacks like Cheez Doodles, Wavy Potato Chips, Ridgies, Dipsy Doodles, as well as tortilla chips and pretzels. Palladium previously tried to sell Wise in 2010.
Posted on: July 30, 2012 by Luisa BeltranNo Comments »
Palladium Equity, which is out marketing for its fourth fund, has so far raised about 25%.
Posted on: May 17, 2012 by Luisa BeltranNo Comments »
Palladium Equity Partners may finally get to exit Taco Bueno after seven years.
Posted on: May 17, 2012 by reuters-newsNo Comments »
Mexican restaurant chain Taco Bueno has hired North Point Advisors to advise on a sale of the company, which could be valued at as much as $175 million, writes Reuters. Taco Bueno’s owner Palladium Equity Partners declined to comment through a spokesperson and North Point Advisors and Taco Bueno could not be reached for comment, [...]
Posted on: January 13, 2012 by cnolanNo Comments »
Palladium Equity Partners has made a follow-on investment in Seattle-based health food company Sahale Snacks. Terms of the investment were not released. Palladium has a “significant minority stake” in the company. The firm first invested in Sahale Snacks in 2007.
Posted on: November 7, 2011 by cnolanNo Comments »
Palladium Equity Partners has recapped ABRA Auto Body & Glass, a provider of vehicle damage repair services based in Minneapolis. Terms of the deal were not released. ABRA was formed in 1984.
Posted on: December 27, 2010 by cnolanNo Comments »
Private equity firm Palladium Equity Partners has acquired Jordan Healthcare Holdings, a provider of home healthcare services in Texas. Financial terms of the deal were not released. Formed in 1975, Jordan Healthcare provides personal care, home management and skilled nursing services across Texas. Palladium, based in New York, focuses on investments in the U.S. Hispanic marketplace.
Posted on: December 13, 2010 by cnolanNo Comments »
New York-based private equity firm Palladium Equity Partners has promoted three members of its investment team. Luis Zaldivar is now managing director. Zaldivar joined Palladium in 2004 and focuses on consumer, food and restaurant investments. Erik Scott has also been promoted to managing director. He joined the firm in 2005 and focuses on business and industrial services investments. Rafael Ortiz has been promoted to Principal. Ortiz joined Palladium in 2006 and focuses on healthcare and industrial services.
Posted on: December 9, 2010 by Luisa BeltranNo Comments »
There’s only a few weeks left until the end of the year and the payout parade continues.
Yesterday, Wise Foods said it had completed a $48 million credit facility to pay a dividend to its shareholders and to refinance existing debt. Wise Foods is owned by Palladium Equity Partners, a New York buyout shop.
The dividend recap comes as Wise Foods apparently couldn’t find a buyer. Earlier this year, Palladium put Wise Foods up for sale. Piper Jaffray was advising. In August, I was told that the auction wasn’t progressing well. Palladium was seeking a high price for Wise but competitive concerns were hampering the process. It looks like the auction failed since Wise Foods has instead opted for a dividend recap.