News and Analysis

Ice Energy, an energy storage company based in Windsor, Colo., has received $33 million in financing from Energy Capital Partners, a private equity firm based in Short Hills, N.J. Press release Investment led by Energy Capital Partners also provides for up to $150 million in additional equity financing for large scale energy storage projects WINDSOR, […]
Lakeside Energy, an energy-focused private equity firm, has committed $150 million in equity to support the growth of InenTec, a Bend, Ore.-based energy company. The investment will launch InEnTec Chemical, a JV deal that aims to convert chemical waste. Press release: InEnTec LLC and Lakeside Energy LLC today announce a new partnership to facilitate construction […]
Duke Street has completed its acquisition of Biomnis, a medical disgnostics provider based in France, for 217 million Euros. Duke Street is a London and Paris-based mid-market buyout firm. Press release: Duke Street, the European mid-market Private Equity firm, today announces it has completed the acquisition of Biomnis, the leading provider of specialist medical diagnostics […]
NEW YORK/DETROIT (Reuters) – General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz) and Cerberus Capital Management have asked the U.S. government for around $10 billion in an unprecedented rescue package to support a merger between GM and Chrysler LLC, two sources with direct knowledge of the talks said on Monday. The government funding would […]
NEW YORK (Reuters) – Hexion Specialty Chemicals said on Monday it received additional funding commitments to support its buyout of rival Huntsman Corp (HUN.N: Quote, Profile, Research, Stock Buzz), saying it is moving expeditiously to close the deal. The deal has teetered on collapse for months, after Hexion and its parent Apollo Management filed suit […]
TORONTO (Reuters) – BCE Inc (BCE.TO: Quote, Profile, Research, Stock Buzz)(BCE.N: Quote, Profile, Research, Stock Buzz), Canada’s biggest telecommunications company, reiterated on Monday that it still expects a C$34.8 billion ($27.2 billion) buyout to make the company private will close in December, suggesting the deal isn’t facing delays because of market turmoil. In brushing aside […]
NEW YORK (Reuters) – Value City Department Stores has filed for Chapter 11 bankruptcy and will liquidate its remaining 66 stores, citing a slide in consumer spending and tougher credit markets. An economic downturn, higher gasoline prices and increasing unemployment have decimated the discount department store chain’s core market, according to documents filed with a […]
Boot Barn Holding Corp., a portfolio company of Marwit Capital, has completed its acquisition of 22 retail stores in Arizona, New Mexico and Nevada from BTWW Retail LP. No financial terms were disclosed. The stores will rebrand to Boot Barn after the holiday season.
Summer Street Capital Partners has acquired Tulsa Welding School, the nation’s largest accredited private welding school. No financial terms were disclosed, except that HSBC Capital and company management also provided equity for the transaction.
Austin Ventures has committed up to $75 million in equity capital for the formation of Avron Partners Inc., an acquisition platform focused on the supply chain services market. The effort will be led by Ronald Sorrow, former CEO of both RoadLink USA and CSX Intermodal.
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