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VSS names Turner as MD

Veronis Suhler Stevenson has hired Patrick N.W. Turner as a managing director. Turner is a former managing director and a member of the management committee of Crescent Capital Group.

Sony Pictures TV agrees to buy VSS-backed CSC for about $179 mln

Sony Pictures Television said Thursday that it has agreed to acquire CSC Media Group. The seller was Veronis Suhler Stevenson. According to details of the transaction, SPT will acquire 100 percent of CSC’s shares for approximately $179 million. Berenson & Company advised SPT on this deal while Lepe Partners advised CSC. Based in the UK, CSC is a satellite television channel provider.

GMT, VSS and Management Provide Growth Capital to IT-Ernity

European media and communications focused private equity group GMT Communications Partners together with Veronis Suhler Stevenson have teamed up with management to provide growth capital to IT-Ernity, a provider of business critical managed services and shared hosting for SMEs in the Netherlands. Founded in 2002 by its managing director, Sebastiaan de Koning, and R&D manager Tom Pfeifer, IT-Ernity offers a comprehensive catalogue of standardised fully managed solutions, including system administration, protection, security, application management and other outsourcing services.

GMT, VSS and Management Back IT-Ernity

European media and communications private equity group GMT Communications Partners and Veronis Suhler Stevenson have teamed up with management to provide growth capital to IT-Ernity. Founded in 2002 by its managing director, Sebastiaan de Koning, and R&D manager Tom Pfeifer, the business is a provider of business critical managed services and shared hosting for SMEs in the Netherlands.

VSS Invests in Cast & Crew Entertainment Services

Veronis Suhler Stevenson, through its VSS Structured Capital II, has made a minority investment in Cast & Crew Entertainment Services in conjunction with the previously announced acquisition of the company by ZM Capital, ZelnickMedia’s private equity fund. Terms of the transaction were not disclosed.

Suhler Retires from Veronis Suhler Stevenson

Veronis Suhler Stevenson said Monday that John Suhler, a founding partner and president, retired at the end of 2012. Suhler is 69 years old and co-founded Veronis Suhler Stevenson in 1981. Suhler has been named Chairman Emeritus and will continue, along with other VSS Partners, to represent VSS at communications industry events, the firm said.

Advantstar Global Closes ENK Buy

Advanstar Global has completed its previously announced buy of ENK International for $155 million. ENK organizes fashion events in New York, Las Vegas, Europe and Asia. Advanstar is backed by Anchorage Capital Group, Ares Management, and Veronis Suhler Stevenson. GE Capital, RBS Citizens and U.S. Bank provided debt financing for the deal.

Rosenfield Joins Petsky Prunier

Seth Rosenfield has joined Petsky Prunier as an MD. He’s focusing on information services and business media. Rosenfield is a former banker with BMO Capital Markets and Veronis Suhler Stevenson.

Maritz Travel Acquires Experient from Riverside and VSS

Maritz Travel, a provider of full-service meeting, event and incentive travel programs to corporate clients has acquired Experient, also a provider of meeting and event services from private equity owners Riverside Company and Veronis Suhler Stevenson. PRESS RELEASE Maritz Travel, a global leader in providing full-service meeting, event and incentive travel programs to corporate clients, […]

Access Intelligence Buys LeadsCon

Access Intelligence, which is backed by Veronis Suhler Stevenson, has acquired LeadsCon. Financial terms weren’t disclosed. LeadsCon provides educational and networking conferences. PRESS RELEASE Integrated media company Access Intelligence announced today the acquisition of LeadsCon, which serves the online lead generation industry through two preeminent conferences and other best-in-class content offerings for lead-generation marketers. With […]

Investcorp Acquires GL Education from VSS

Investcorp, a Bahraini alternative investment manager, has acquired UK-based education firm GL Education Group from Veronis Suhler Stevenson for an undisclosed amount, writes Reuters. GL Education, previously called Granada Learning Group, is a provider of tools and services to enhance educational capabilities among children. It runs two units, GL Assessment and GL Performance. Reuters – […]

Remedy Health Media Acquires HealthCentral

Veronis Suhler Stevenson portfolio company Remedy Health Media, a health information and technology company, has acquired HealthCentral, a provider of online clinical and patient community resources and tools that help patients and caregivers take control of their health and improve their well-being. HealthCentral is backed by interactive media and technology investors IAC/InterActiveCorp, Polaris Ventures, Sequoia […]

Halyard Capital Buys Tranzact Info Services–CORRECTED

Halyard Capital said Tuesday that it had acquired Tranzact Information Services from TRANZACT. Financial terms weren’t disclosed. Halyard will rename the business, which provides data and analytics to direct marketers, Datamyx. Halyard, a New York PE firm, previously owned TRANZACT and sold the company in 2007 to Veronis Suhler Stevenson. Sanjay Chadda, of PetskyPrunier, advised TRANZACT in the sale.

CORRECTION: The name of the company is Tranzact, not Transact.

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