Angela Sormani
Headland Capital Partners' portfolio commpany Unison eTech (UET) has acquired a 100% shareholding in HKR from its founding shareholders. HKR is South Korea’s leading manufacturer of expansion joints, crossovers and intercoolers, which are used in the construction of power plants, petrochemical plants and LNG vessels. UET is a South Korean company which was acquired by The Headland Private Equity
Fund 6 L.P. in May 2011.
Headland Capital Partners has acquired a 26.45% equity shareholding in Singapore-headquartered Miclyn Express Offshore Limited (MEO) for US$141 million. The Headland Private Equity Fund 6 L.P has invested in the business. MEO is a provider of offshore vessels to the oil and gas industry in Southeast Asia, Australia and the Middle East with a fleet of over 120 vessels comprising Offshore Support Vessels, Crew/Utility Vessels (Crewboats), tugs, barges and coastal survey vessels.
Dallas-based Allegiance Capital has facilitated a $22 million credit facility for its client Integrated Printing Solutions. IPS is a provider of specialty print, marketing and packaging solutions to the gift, pre-paid, loyalty, credit, and healthcare card markets. The mezzanine financing will fuel organic growth and enable the company to pursue an acquisition strategy to expand its reach in the Americas and beyond.
Mobile and connected device service provider mDialog has closed a $5 million series A round of funding led by the BlackBerry Partners Fund.
Chicago-based mid-market private equity firm Waud Capital Partners has appointed Patrisha Carlson as a senior associate and Bradley Eckmann and Jeffrey Goodman as associates.
SNL Financial is to acquire Highline Data from Summit Business Media. The acquisition will boost SNL’s position as a leading US insurance financial information provider across the property & casualty, health and life insurance sectors.
Atmel® Corporation has signed a definitive agreement to acquire Advanced Digital Design, S.A., a privately held company based in Zaragoza, Spain that develops power line communication solutions. Adara Ventures is the primary investor.
Sarah Bradley is joining Dallas-based HM Capital as partner, head of fundraising and investor relations. She will help launch a new fund focused on the food and consumer products sector.
Australian-based Range Resources has secured a 30 million pounds extension of the Equity Line Facility from the Dutchess Opportunity Fund. Range Resources principal activities are directed towards finding and delineating hydrocarbons in Puntland, Somalia; the Republic of Georgia, onshore Texas, USA and Trinidad.
London based consumer web, health and wellness company, Weight Wins Limited has secured early stage funding from the London Business Angels (LBN) network.