Chris Witkowsky
OFSCap, a boutique investment and merchant banking firm, has formed an energy restructuring team, naming oil and gas turnaround executives Fred Zeidman and Jeffrey Freedman to lead the group. The team will focus on restructuring distressed energy companies, projects or joint ventures.
Maxim Partners has partnered with G.W. "Bill" Dietrich and William "Billy" Dietrich to form Bobcat Disposal Companies to acquire and integrate residential, commercial and industrial solid waste companies across the U.S. Bobcat will draw capital from Maxim, which is an environmental services focused firm that gets support from Falcon Investment Advisors.
Sidley Austin LLP has elected 24 new partners effective Jan. 1, 2014, across nine of the firm's offices -- six in the U.S. and three international offices. One of those attorneys who made partner was Christopher Gleason, who focuses on private equity out of the firm's Dallas office.
Fulcrum Capital Partners has sold a majority interest in A&B Rail Services Ltd., a provider of rail maintenance, construction and related services, to a group of investors led by TorQuest Partners. Harris Williams & Co. acted as exclusive advisor to A&B Rail. The deal closed on Dec. 12.
Riverstone Holdings has invested up to $300 million in Eagle Energy Exploration, an investment that includes up to $200 million from Riverstone Global Energy and Power Fund V, and up to $100 million from Riverstone Energy Limited. Eagle will pursue oil and gas exploration and production opportunities in the mid-continent of the U.S.
WestView Capital Partners has recapitalized Apex Information Technologies, a provider of back-end billing solutions to healthcare providers. NXT Capital provided senior debt financing for the transaction.
To end your freezing December week, First Read has news that a top disciplinarian in China's Communist Party derives inspiration from Netflix's House of Cards, Twitter faced a user revolt after tweaking its blocking policies and the biggest M&A failures of 2013.
The Pennsylvania Public School Employees’ Retirement System is closing out 2013 in a big way, committing more than $625 million to alternative investment managers.
Odyssey Investment Partners, a middle market-focused firm, has essentially hit its $2 billion hard cap for its fifth fund, according to documents from the Pennsylvania Public School Employees’ Retirement System.
Frontier Capital, a growth equity firm, has led a $16 million Series B funding of Simpli.fi, an advertising technology company. The company will use the funding to expand its sales and marketing efforts and to continue to develop its proprietary advertising technology platform.