PE-backed Genoa buys Northeast Pharmaceuticals

Genoa, a portfolio company of Advent International, has acquired Northeast Pharmaceuticals Inc. No financial terms were disclosed. Based in Montgomery, Alabama, Northeast Pharmaceuticals is a provider of customized pharmacy services in the Southeast U.S.


Advent to buy Ammeraal Beltech

Advent International said Tuesday it has agreed to buy Ammeraal Beltech from Gamma Holding, a holding company owned by Gilde Buy Out Partners and Parcom Capital Management. Financial terms weren’t announced. Ammeraal Beltech, of the Netherlands, makes, distributes and services conveyor belts for use in light industries, including food processing, automotive, logistics and textiles. William Blair advised Gamma while Jefferies provided financial advice to Advent.


PE-owned restaurant chain Bojangles sets IPO pricing terms

Restaurant chain Bojangles Inc will be selling 6.25 million shares of its IPO at between $15 and $17 per share. The company will list the stock on the NASDAQ under the ticker symbol “BOJA.” BofA Merrill Lynch, Wells Fargo Securities and Jefferies are serving as the lead underwriters. Bojangles is a portfolio company of Advent International.

Care Hospitals Group adds another hospital in India

Care Hospitals Group said Monday it acquired a hospital with 250 beds in Hi Tech City, a suburb of Hyderabad, India. It did not disclose a name of the hospital. Care Hospitals Group, a multispecialty hospital chain in India, is backed by Advent International.


peHUB First Read

First Read ends your week with news the NASDAQ will settle its Facebook IPO lawsuit for $26.5 mln, Google’s quarterly revenue rose 12% and the Bruce Jenner story is presenting a pronoun dilemma for media outlets.

PE HUB Community

Join the 12525 members of PE HUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget