Iris Dorbian
Sequel Holdings has acquired Delphos, Ohio-based Lakeview Farms, a maker and seller of refrigerated desserts, dips and sour cream. No financial terms were disclosed. Falcon Investment Advisors LLC and WP Global Partners provided additional financing for the transaction. Previously, Sequel had an ownership stake in Lakeview from 2004 to 2011.
Morgan Stanley Global Private Equity has sold its majority stake in specialty staffing firm EmployBridge to The Select Family of Staffing Companies for about $410 million. William Blair & Company and Debevoise & Plimpton LLP advised MSPE on the transaction.
Aequitas Capital has made an undisclosed investment in Gladstone Analytics. Headquartered in Conshohocken, Pennsylvania, Gladstone Analytics is a business intelligence platform provider for financial advisors.
Pine Brook has appointed James P. Rutherfurd as a managing director. Previously, Rutherfurd was a partner at 3i Group.
The CapStreet Group has recapitalized Keais Record Service LLC. No financial terms were disclosed for the transaction that was done in partnership with Keais' management team. Healthcare Growth Partners LLC served as advisor to Keais. Based in Houston, Keais is a provider of outsourced document retrieval solutions.
Aquiline Capital Partners LLC has agreed to acquire a majority stake in in Engs Commercial Finance Co, which provides lease and loan solutions to truck, trailer and other equipment dealers. No financial terms were disclosed that is expected to close in the first quarter of this year. Bank of Montreal served as financial advisor to Aquiline while Houlihan Lokey was financial advisor to ECF
Confie Seguros, which is backed by ABRY Partners, has bought Baja Auto Insurance, a Dallas-based auto insurance provider. No financial terms were disclosed.
First Read eases you over the Tuesday doldrums by bringing you news of Facebook offering a free internet app in India, Deloitte breaks the gender barrier among the big four accounting firms by naming a female CEO and beware, your smart TV may be spying on you.
The new week ushers in a slew of job opportunities. Highlights include an M&A vice president at Duff & Phelps and private equity associates at Neuberger Berman and Investure. Also up for grabs are a PR manager spot at Privateer Holdings and a VP of private equity business development at StepStone .
In Second Opinion, Qualcomm nears a $1 billion deal to resolve its China antitrust dispute, Netflix launches in Cuba and the payout to Bernie Madoff's victims tops $7.2 billion.