OnCourse Learning, which is backed by The Riverside Co., has acquired CompuTaught. Financial terms weren’t disclosed. US Bank provided financing for the deal. Atlanta-based CompuTaugh provides online training courses and print resources for real estate broker, appraisal, mortgage and home inspection licensing. PRESS RELEASE OnCourse Learning (OnCourse), a portfolio company of The Riverside Company has […]
A consortium formed by a subsidiary of funds advised by Apax Partners and Stephan Cretier, founder, chairman and CEO of Garda World Security Corporation, a global security solutions and cash logistics business, is to acquire the company. The business is being sold for C$1.1 billion in cash, including assumed debt. PRESS RELEASE Garda World Security […]
The Triago Quarterly is out! GPs are scrambling to spend an estimated $193 billion in LBO commitments, Triago reports.
MasterCard Inc. agreed on Thursday to buy Truaxis Inc., a provider of credit. and debit card-linked offers through merchants and financial institutions, to help bolster its customer loyalty products. The terms of the deal were not disclosed. Adding the Silicon Valley-based company’s platform to the MasterCard network will allow for real-time, targeted offers to consumers […]
Sun Capital Partners Inc. has acquired S&N Communications, a provider of construction and maintenance services to telecom, cable, natural gas, and utility companies. Terms of the transaction were not disclosed. S&N is based in Kernersville, N.C. PRESS RELEASE Sun Capital Partners, Inc. (“Sun Capital” or “Sun Capital Partners”), a leading private investment firm specializing […]
Blackstone Tactical Opportunities will take a controlling interest in Wireless Capital Partners, buying the stake from Goldman Sachs Asset Management, L.P., an equity sponsor in Wireless Capital since 2006. Terms of the deal were not released. Wireless Capital was formed in 2001 as a financial services company specializing in the acquisition of cellular ground leases. […]
A joint Russian-Chinese fund will invest over $200 million in a Russian forestry company under a preliminary deal announced on Friday on the fringes of a summit held to promote economic cooperation in the Asia-Pacific region, Reuters reported. The Russia-China Investment Fund would become a shareholder in Russia Forest Products, Russia’s second-largest forestry products firm, […]
Private equity firm Carlyle Group said its $1.4 billion infrastructure fund agreed to buy U.S. power plant developer Cogentrix Energy LLC from Goldman Sachs Group Inc. Terms of the deal, which is expected to close in the fourth quarter, were not disclosed, Reuters reported Friday. (Reuters) – Private equity firm Carlyle Group (CG.O) said its […]
Gordon Brothers Group, the Boston-based advisory, restructuring and investment firm, has hired Patrick Dalton as president of the debt investment group of its investment management affiliate, GB Merchant Partners. Dalton comes to the company from Apollo Investment Corp., where he was president and CEO and CIO. PRESS RELEASE: Gordon Brothers Group announced today that Patrick […]
Midlands, Texas-based Legacy Reserves has appointed Dan Westcott as Executive VP and CFO, effective later this month. Westcott was previously a principal at GSO Capital Partners, a division of the Blackstone Group. Legacy Reserves is an independent oil and natural gas limited partnership that is focused on the acquisition and development of oil and natural gas […]