Gryphon invests in The Original Cakerie

By Iris Dorbian — 2 months ago

Gryphon Investors has acquired a majority stake in The Original Cakerie, a Canada-based maker of frozen desserts for retail and food service customers. No financial terms were disclosed. BMO Capital Markets provided financial advice to Gryphon on the transaction while Houlihan Lokey did likewise for The Original Cakerie.

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Monomoy sells Compass to Shipston

By Iris Dorbian — 3 months ago

Monomoy Capital Partners has sold Franklin, Indiana-based Compass Automotive Group, a maker of aluminum chassis and suspension components for the North American automotive sector. The buyer was Shipston Group Inc. No financial terms were disclosed. BMO Capital Markets provided financial advice to Monomoy on the transaction.

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PE-backed CPI Card Group sets IPO pricing terms

By Iris Dorbian — 5 months ago

Littleton, Colorado-based CPI Card Group, a provider of financial, commercial and ID cards, has priced its IPO of over 17.6 million shares at between $16 and $18 per share. BMO Capital Markets, Goldman Sachs and CIBC are serving as the lead underwriters. CPI Card Group is backed by Tricor Pacific Capital.

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Ontario Teachers’ to sell majority stake in Alliance to BDT

By Iris Dorbian — 6 months ago

BDT Capital Partners LLC has agreed to acquire a majority stake in Alliance Laundry Systems from Ontario Teachers’ Pension Plan. No financial terms were disclosed. After the deal closes, Ontario Teachers’ will retain a minority stake in Alliance. Morgan Stanley & Co. LLC, BMO Capital Markets Corp. and Bank of America N.A. provided financial advice to Alliance on the transaction. Alliance is a maker of commercial laundry equipment.

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Partners Group to acquire Knowledge Universe’s U.S. early childhood education unit

By Iris Dorbian — 7 months ago

Partners Group has agreed to buy Knowledge Universe‘s U.S. early childhood education business. No financial terms were disclosed for the transaction that is expected to be completed later this year. Joel Schwartz, private equity managing director at Partners Group will join KUE LLC’s board after the deal closes. Credit Suisse, Barclays, BMO Capital Markets, Goodwin Procter LLP and KPMG LLP are advising Partners Group on the deal. KUE LLC is the parent company of KinderCare Learning Centers.

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NXT Capital closes $408 mln CLO

By Luisa Beltran — 9 months ago

NXT Capital said Thursday it closed a $408 million CLO. Wells Fargo Securities LLC served as the Lead Manager, Structuring Agent and Bookrunner, while BMO Capital Markets GKST Inc. was Co-Lead Manager.

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KeyBanc Capital Markets hires Griffin as MD

By Iris Dorbian — 9 months ago

KeyBanc Capital Markets, the corporate and investment banking arm of Cleveland-based KeyCorp, has named Paul Griffin as a managing director for its financial sponsors investment banking group. Previously, Griffin worked at BMO Capital Markets where he served as a managing director in the technology investment banking group and head of software investment and corporate banking.

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J.H. Whitney acquires PSA Healthcare

By Iris Dorbian — 11 months ago

J.H. Whitney Capital Partners LLC has acquired Pediatric Services Holding Corp, the parent company of PSA Healthcare. No financial terms were disclosed. BMO Capital Markets Corp. served as financial advisor to PSA on the transaction. PSA is a provider of home care services for medically fragile children.

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VC-backed Infraredx sets IPO pricing terms

By Iris Dorbian — 1 year ago

Burlington, Massachusetts-based Infraredx, a cardiovascular imaging firm, has priced its IPO of 4 million shares at between $13 and $15 a share. The stock will trade on the NASDAQ under the ticker symbol “REDX.” RBC Capital Markets LLC Canaccord Genuity Inc and BMO Capital Markets Corp are serving as lead underwriters. Its backers include Sanderling Ventures, Nipro Corp. and Eastwood Capital.

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Capital One Securities hires MD

By Iris Dorbian — 1 year ago

Capital One Financial Corp. has appointed Greg K. Steele as a managing director for Capital One Securities. Previously, Steel worked as a managing director of real estate at BMO Capital Markets.

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PE-owned Novolex to buy Packaging Dynamics

By Iris Dorbian — 1 year ago

Novolex, which is owned by Wind Point Partners, has agreed to buy Packaging Dynamics, a provider of flexible packaging solutions. No financial terms were disclosed. The deal is expected to be completed in the fourth quarter of this year. Deutsche Bank, BMO Capital Markets, DLA Piper and Nelson, Mullins, Riley & Scarborough advised Wind Point on the transaction while Harris Williams and Ropes & Gray advised Packaging Dynamics. Kohlberg & Company currently owns Packaging Dynamics.

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VC-backed TubeMogul cuts IPO pricing terms

By Iris Dorbian — 2 years ago

According to an amended SEC filing, TubeMogul has reduced its IPO pricing terms. It now plans on selling its IPO of 6.25 million shares between $7 and $8 per share as opposed to an earlier intention of selling it between $11 and $13 per share. The stock will list on the NASDAQ under the ticker symbol “TUBE.” BofA Merrill Lynch, Citigroup, RBC Capital Markets, BMO Capital Markets and Oppenheimer & Co. will serve as lead underwriters. Based in Emeryville, Calif., TubeMogul is an online video marketing company. Its backers include SingTel Innov8, Cross Creek Capital, Digital Advertising Consortium, Foundation Capital and Trinity Ventures.

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VC-backed TubeMogul sets pricing terms for IPO

By Iris Dorbian — 2 years ago

According to an amended SEC filing, TubeMogul has priced its IPO of 6.25 million shares between $11 and $13 per share. Also, the company plans on listing the stock on the NASDAQ under the ticker symbol “TUBE.” BofA Merrill Lynch, Citigroup, RBC Capital Markets, BMO Capital Markets and Oppenheimer & Co. will serve as lead underwriters. Based in Emeryville, Calif., TubeMogul is an online video marketing company. Its backers include SingTel Innov8, Cross Creek Capital, Digital Advertising Consortium, Foundation Capital and Trinity Ventures.

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VC-backed Affimed Therapeutics files for IPO

By Iris Dorbian — 2 years ago

Affimed Therapeutics said Monday that it has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. Jefferies, Leerink Partners and BMO Capital Markets Corp. are serving as lead underwriters. Based in Germany, Affimed Therapeutics is focused on developing cancer treatments. Its backers include Aeris Capital, BioMedInvest, LSP Life Sciences Partners, Novo Nordisk A/S and Orbimed.

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Gryphon to sell Flagstone Foods to TreeHouse Foods for $860 mln

By Iris Dorbian — 2 years ago

Gryphon said Monday that it has agreed to sell Flagstone Foods to TreeHouse Foods for $860 million. Moelis & Company, Houlihan Lokey Capital and BMO Capital Markets Corp. advised Gryphon on the transaction. Based in Saint Paul, Minn., Flagstone Foods is a provider of healthy snacks to retailers in North America.

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Amphastar launches IPO

By Iris Dorbian — 2 years ago

Amphastar Pharmaceuticals has unveiled its IPO after pricing its 8 million shares at $7 per share. The stock began trading Wednesday on the NASDAQ under the ticker symbol “AMPH.” Jefferies, BMO Capital Markets Corp. and Piper Jaffray are the lead underwriters. Headquartered in Rancho Cucamonga, Calif., Amphastar is focused on developing generic and proprietary injectable and inhalation products. Its backers include Applied Physics & Chemistry Laboratories and Coller Partners.

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VC-backed AGTC debuts IPO

By Iris Dorbian — 2 years ago

Florida-based biotech company Applied Genetic Technologies Corp. has launched its IPO after pricing its offering of over 4.16 million shares at $12 per share. The stock began trading Thursday on the NASDAQ under the ticker symbol “AGTC.” BMO Capital Markets and Wedbush PacGrow Life Sciences are the lead underwriters. Its backers include InterWest Partners, Skyline Ventures, Intersouth Partners, MedImmune Ventures, Osage University Partners, SR One and Alta Partners.

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