Buyout shop Health Evolution Partners has acquired a majority stake in Irvine, Calif.-based Freedom Innovations, the firm announced. Freedom Innovations develops high-tech prosthetic devices. Freedom’s senior management team will continue their leadership of the organization, and will remain significant shareholders in the company. Financial terms of the transaction were not disclosed. Health Evolution Partners is […]
Delphi Midstream Partners, which is backed by American Securities, said Tuesday that it has closed its sale of Laser Northeast Gathering Co. The buyers were William Partners. The purchase price includes $329 million in cash and approximately 7.5 million Williams Partners’ units. Laser Northeast is a natural gas gathering business located in Pennsylvania and New […]
Frontier Capital has invested in e-VERIFILE along with CEO Mark Wilson, The Yucaipa Companies, Magic Johnson Enterprises and Plexus Capital. Financial services were not announced. e-VERIFILE provides risk assessment, administrative support and workforce solutions. PRESS RELEASE Frontier Capital is pleased to announce its recent investment in e-VERIFILE, Inc., in partnership with experienced CEO, Mark Wilson, […]
Stephen Lamberton has jumped to 1-800-Flowers.com after more than six years at Post Capital Partners.
Archway, which is backedy Tailwind Capital and Black Canyon Capital, has acquired Synq Solutions. Financial terms weren’t announced. Synq provides marketing fulfillment and print management services with operating facilities in the Atlanta and Las Vegas metropolitan areas. PRESS RELEASE Archway, a leader in marketing logistics and fulfillment services, announced today that it has acquired Synq […]
Less than two years after buying Aspen Dental, Leonard Green is getting a paid via a $127 mln dividend. Also, Ares and CPPIB have put in at least $636 mln equity into $1.6 bln buy of 99 Cents Only Stores, according to S&P.
Ferrovial, the owner of British airports operator BAA, has whittled down the shortlist of bidders for its Edinburgh airport to four and will accept final offers in early April, Reuters wrote Tuesday. Global Infrastructure Partners, JP Morgan Asset Management and consortiums led by the Carlyle Group and 3i have made it to the second round […]
Misys, the British banking software company that is in talks about merging with its Swiss peer Temenos, received a rival approach from Vista Equity Partners, Reuters reported Monday. The Financial Times had earlier on Monday reported that the private equity firm was lining up a 1.2 billion pounds ($1.9 billion) bid for the British company. […]
KKR & Co. and TPG Capital are among those eyeing a potential big for U.S.-listed AsiaInfo-Linkage Inc., Reuters reported Tuesday. A deal for the China software and IT company could be worth more than $1 billion. (Reuters) – Global private equity firms, including KKR & Co L.P. and TPG Capital , and strategic rivals, are […]
Capsalus Corp. has closed its buy of GeneWize Life Sciences. Financial terms weren’t disclosed. Fidelity Holdings, Wharton Equity Partners and Gene Elite were part of the investor consortium. GeneWize is a unit of GeneLink Biosciences, which specializes in consumer genomics. PRESS RELEASE Capsalus Corp. (OTCBB:WELL) has completed the acquisition of the stock of GeneWize Life Sciences, […]