Neff Capital Management has acquired Complete Turbine Services LLC, a Ft. Lauderdale, Fla.-based provider of engine performance restoration services to airlines and operating lessors. No financial terms were disclosed.
(Reuters) – Health insurer UnitedHealth Group Inc (UNH.N) is buying a medical compliance company, Executive Health Resources, the companies said. Executive Health Resources is currently owned by private equity firm Abry, which invested in the company in 2007 according to its website. Terms of the deal were not disclosed. UnitedHealth is buying the company through […]
(Reuters) – Private equity investment in emerging markets totalled $13 billion in the first half of 2010, a 55 percent leap on year-ago levels and on track to beat 2009 levels, industry group EMPEA said on Wednesday. An investment surge in Latin America and continued strong activity levels in China and India were behind the […]
Forbes Inc. has agreed to sell Investopedia to ValueClick for roughly $42 million in cash. ValueClick will retain Investopedia’s management team and employee base. The business will run as a wholly-owned unit, according to a statement. Founded in 1999, Investopedia is an investing education and financial information web site. The Edmonton, Canada-based company provides a library of financial terms, articles, tutorials and investing education tool. It attracts 2.2 million unique U.S. visitors per month, according to comScore.
SCM Insurance Services Inc., a Canadian provider of outsourced services to the insurance industry, has secured a "significant equity investment" from TorQuest Partners.
Altegrity, a portfolio company of Providence Equity Partners, has completed its $1.13 billion acquisition of investigations company Kroll from Marsh & McLennan Cos. Altegrity is led by former Marsh CEO Michael Cherkasky.
GTCR has formed Jessamine Healthcare Inc., a Rockville, Md.-based platform to acquire companies in the healthcare payor and outsourced payor services industries. No financial terms were disclosed. Jessamine Healthcare will be led by Sale Wolf, former CEO of Coventry Health Care (NYSE: CVH).
Francisco Partners has acquired a majority of the share capital and voting rights of Emailvision SA (NYSE Euronext: ELEMV), a provider of email marketing software. The deal was valued at approximately €46 million.
It’s Tuesday and the sky is warning of rain so this update on the Modern Luxury Media auction will be short. peHUB has previously reported the Greenspun Corp., which owns Niche Media, had been vying for the magazine publisher. We’ve now learned that the "smart money" --which is believed to include bidders like Curtco Robb, Bonnier Corp., Greenspun as well as some VC firms -- was out of the Modern Luxury auction a few weeks ago, one person says.
GI Partners has sponsored a management buyout of SoftLayer Technologies, a Dallas-based provider of on-demand data center services. No financial terms were disclosed. DH Capital advised SoftLayer on the deal.