3i exits Element Materials Technology

By Iris Dorbian — 2 months ago

3i has sold Element Materials Technology to Bridgepoint. No financial terms were disclosed. Rothschild and Baird advised 3i and Element on the transaction. UK-based Element is a laboratory testing company.

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Babson Capital provides loan to back Bridgepoint’s eFront buy

By Luisa Beltran — 11 months ago

Babson Capital Management said Monday that it acted as lead arranger of a loan to support Bridgepoint’s buy of eFront. Babson said it co-arranged the debt financing to support the acquisition alongside a group of banks. In January, peHUB reported that Bridgepoint was buying eFront, a Paris financial software company. Reuters News then reported that banks had lined up to provide 130 million euros ($145.89 million) of loans to back the sale to Bridgepoint.

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Bridgepoint to sell SPTS Technologies

By Angela Sormani — 2 years ago

Bridgepoint is to sell SPTS Technologies Group, a global manufacturer of etch, deposition and thermal processing equipment for the microelectronic industry, to Orbotech. The business is being sold for approximately $370 million in cash.

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