Morpheus Media was acquired by CREATETHE GROUP, a digital agency. Financial terms were not announced. AdMedia Partners served as financial advisor to Morpheus.
(Reuters) – Japan’s industrial, healthcare and technology sectors are the main focus for the Carlyle Group, the co-head of its Japanese unit said, as the firm looks to invest locally in the post-disaster environment in companies with a clear ability to compete abroad. Carlyle, the only major private equity firm with a Japan-focused, yen-raised investment […]
Sun Capital Partners, the Florida-based private equity firm, acquired the assets of Vitro America via a 363 bankruptcy sale. Vitro America, which serves construction and auto replacement markets with architectural glass and aluminum products, is based in Memphis, Tennessee. Aaron Wolfe, Principal at Sun Capital Partners, worked on the transaction for the private equity firm. Specifics were not publicized.
(Reuters) – British music company EMI, owned by Citigroup, said on Monday it had launched a strategic review to examine options including a possible sale, recapitalization or initial public offering. The group, home to artists such as Katy Perry and Iron Maiden, said in a statement that there was no certainty that the process would […]
DH Capital said it advised iWeb Group in its recent sale of a majority stake to Novacap. In May, iWeb announced that Novacap had bought a majority of the web hosting firm. The transaction reportedly valued iWeb at roughly $47 million. Novacap is a Canadian VC and PE firm.
Jeffrey Lane will join Friedman Fleischer & Lowe as an operating partner. He was most recently a SVP and GM of packaging at Boise. Lane Will join FFL on Aug. 15.
Spain’s Ferrovial is in talks to sell a 10% stake in UK airport operator BAA, Reuters reported Monday, citing a report in the Sunday Times. Ferrovial has reportedly been in talks with U.S.-based infrastructure company Alinda Capital Partners, Reuters wrote. The stake is estimated to be workth about $285 million.
Daily deals website BuyWithMe.com will conduct a new round of fundraising in the next few months, according to a senior source. BuyWithMe has big competitors, clearly: Groupon raised $950 million earlier this year after spurning a Google offer and is expected to raise about $750 million more through its IPO; LivingSocial took in nearly $600 million across two rounds of fundraising in six months’ time. Gilt Groupe sought and secured nearly $140 million en route to a $1 billion valuation. And some of BuyWithMe’s well-capitalized competitors are dispensing money to build scale and quickly develop a merchant roster....
Comvest Capital II, the debt fund affiliated with the Comvest Group, will provide $15 million in debt and equity financing to Integrated Oncology Network LLC. The company is acquiring a minority interest in Vicura, a radiation oncology center with locations in Southern California.
The Bank of Ireland is in “advanced talks” with U.S. buyout firms, Reuters reported, citing a story in the Sunday Business Post. The bank is looking to raise 4.2 billion euros ($6 billion), and is said to be in talks with firms including Texas Pacific Group.