American Builders Supply, a company backed by private equity firm Blue Wolf Capital, has acquired Clermont Builders. Terms of the deal were not released. Clermont Builders is based in central Florida, and supplies materials and services including lumber, doors, millwork, trusses, and wall panels. PRESS RELEASE American Builders Supply (“ABS”), the largest independent supplier of […]
Facebook may be coming to China, but, will Chinese regulators and consumers embrace it?
Rockwood said yesterday that it has recapped AFC Industries. AFC co-founders Terry Tomlinson and Steve Sullivan were also part of the deal. AFC, of Fairfield, Ohio, distributes and provides vendor managed inventory programs for standard and specialized fasteners and other industrial components. PRESS RELEASE Rockwood, a private investment firm based in Cleveland and New York, […]
Rockland Capital is paying $30.5 million to buy bankrupt energy storage company Beacon Power Corp. The deal could help the the U.S. Energy Department to recover 70% of the money loaned to the company under a government funding program, Reuters wrote Wednesday. Beacon Power used the $39.5 million loan guarantee to help fund a $69 […]
Private equity deals in Israel grew 18 percent to $2.88 billion in 2011, writes reuters. Most of these investments were in cleantech and software companies, according to data from the IVC Research Center. Reuters – Private equity deals in Israel grew 18 percent to $2.88 billion in 2011, with most investment in cleantech and software […]
Platinum Equity, the L.A.-based private equity firm, is buying medical imaging equipment seller and distributor DMS Health Technologies from its parent company, Otter Tail Corporation. Terms of the deal aren’t being disclosed. DMS is a distributor of Philips Healthcare diagnostic imaging equipment and patient monitoring equipment in the upper Midwest; sells supplies and accessories, and reconditioned […]
Chicago Growth Partners said Tuesday that it has recapped Teaching Strategies. Financial terms were not announced. Bethesda, Md.-based Teaching Strategies provides early childhood educational resources, including curriculum and web-based assessment products. PRESS RELEASE Chicago Growth Partners is excited to announce its fourth education platform investment in four years – the recapitalization of Teaching Strategies, Inc. […]
Spinnaker Coating, a Troy, Oh.-based maker of adhesive coated paper used in product labeling and other things, has been sold to its 250 employees by prior investors. The transaction has turned Spinnaker into an S Corporation ESOP that allows current and future employees to obtain a beneficial ownership interest in the company without making a […]
U.S. social media network Facebook has promised to release more information about the data it collects from millions of users, an Austrian group lobbying for respect of privacy laws said on Tuesday.
Lower middle market investor Audax Group has completed the acquisition of Advanced Dermatology and Cosmetic Surgery. Headquartered in Maitland, Florida, ADCS is a dermatology-focused physician practice management company, with 53 company-affiliated dermatology clinics in Florida and Ohio providing clinical, cosmetic, and pathology services. PRESS RELEASE Audax Group announced it has completed the acquisition of Advanced […]