Main Post invests in Not Your Mother’s

By Luisa Beltran — 6 days ago

Main Post Partners has invested in DeMert Brands, parent company of Not Your Mother’s. Financial terms weren’t announced. Not Your Mother’s, of Tampa, Florida, is a haircare brand, offering shampoos, conditioners and styling products.

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Canaccord Genuity buys Petsky Prunier

By Luisa Beltran — 6 days ago

Canaccord Genuity Group Inc said Feb. 13 that it acquired Petsky Prunier. Terms of the deal call for Petsky to receive C$40.0 million (US$30.0 million) in cash and C$20.0 million (US$15.0 million) in Cannaccord shares. Petsky will get another C$53.2 million (US$40.0 million) in additional contingent consideration that will be paid in cash over a four-year period subject to meeting certain revenue targets over that period. Petsky Prunier, of New York, is an investment bank focused on mid-market technology, media, marketing, information & services and healthcare industries. All Petsky Prunier partners have entered into employment agreements with Canaccord Genuity.

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Abacus Group buys Proactive Technologies

By Luisa Beltran — 6 days ago

Abacus Group, a portfolio company of WestView Capital, closed its buy of Proactive Technologies. Financial terms weren’t announced. Proactive Technologies, of New York, provides IT services exclusively to hedge funds, private equity and other investment firms.

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New firm CT Holdings launches

By Iris Dorbian — 7 days ago

Charleston, South Carolina-based Charles Towne Holdings, a firm that specializes in debt capital markets, investment banking and strategic advisory services for various industries, has launched. Andy Brusman is serving as executive chairman while Mike Sanderson is CEO.

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PE-backed ABC Financial appoints Davis as president

By Iris Dorbian — 7 days ago

ABC Financial, a software and payment processing provider for health and fitness clubs, has named Bill Davis as president. His work background includes various operational and financial leadership positions at Allscripts Healthcare Solutions Inc, Blackboard Inc and most recently at Paycor Inc. ABC Financial is a portfolio company of Thoma Bravo LLC.

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Excellere Partners invests in Sepro Corp

By Luisa Beltran — 7 days ago

Excellere Partners said Feb. 12 that it has invested in Sepro Corp. Financial terms weren’t announced. Sepro, of Carmel, Indiana, provides plant protection and plant management products and services that fit specialized market needs.

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PE-backed GCR buys certain assets of STR

By Iris Dorbian — 7 days ago

GCR Inc, which is backed by HKW, has acquired certain assets of Fairfax, Virginia-based STR, a provider of software and services for grants management and disaster recovery programs. No financial terms were disclosed.

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