Iris Dorbian
Ethos Private Equity has agreed to sell Plumblink to The Bidvest Group. No financial terms were disclosed. Based in South Africa, Plumblink is a provider of plumbing supplies.
First Read kicks off your morning with news that the World Bank is urging the Federal Reserve to hold off on raising interest rates until 2016, the European Commission is launching a formal antitrust probe into Amazon’s ebooks business and the number of injuries caused by high heels have surged in recent years.
Star Mountain Capital LLC has named John J. Mack as a senior advisor and strategic investor. Mack is the former chairman and CEO of Morgan Stanley.
In Second Opinion, the Pope creates a tribunal to investigate bishop negligence in child sexual abuse cases, Netflix shares reach an all-time high amid talk of a potential stock split and Google's Larry Page wins the number one spot as most loved CEO according to a new survey.
Balance Point Capital Partners has provided an undisclosed investment to back TZP Growth Partners' recapitalization of the Family Entertainment Group. Based in Barrington, Illinois, FEG is a provider of arcade and amusement solutions at family entertainment centers.
Riverside Partners has acquired a majority stake in Contractor Management Services LLC. Based in Phoenix, Arizona, CMS is a provider of compliance software and payment settlement services for independent contractors.
Salient Partners LP has closed its previously announced buy of asset management firm Forward Management. No financial terms were disclosed.
Arlon Group has acquired The Coastal Companies, a fresh produce and dairy supplier, from MSouth Equity Partners. No financial terms were disclosed. Sagent Advisors provided financial advice to Coastal on the transaction.
WeddingWire Inc has acquired GayWeddings.com, a wedding planning resource for same-sex couples. No financial terms were disclosed. WeddingWire is backed by Spectrum Equity.
AssuredPartners Inc, which is backed by GTCR, has acquired WorkforceTactix Inc, a provider of employee benefits and HR professional services consulting. No financial terms were disclosed.