Rigby Private Equity has recapitalized UK-based Wick Hill Group, a provider of security and information technology solutions. No financial terms were disclosed. Capstone Partners LLC advised Wick Hill on the transaction.Continue
Main Street Capital Corp has recapitalized HW Staffing Solutions, a Massachusetts-based personnel services provider. No financial terms were disclosed. Capstone Partners LLC advised HW Staffing on the transaction.Continue
Cyprium Partners has closed its fourth fund at $460 million. Cyprium Investors IV focuses on making non-control investments of equity and/or subordinated debt. Capstone Partners served as the placement agent.Continue
Tailwater Capital has closed its third fund at a hard cap of $650 million. The pool will focus on domestic energy firms. Capstone Partners was the placement agent.Continue
Online private equity platform iCapital Network has received $9.25 million in funding. The investors included Credit Suisse’s private fund group, Eaton Partners, Park Hill Group, Evercore’s private funds group, Pivot Investment Partners, Monument Group, Capstone Partners and Gen II Fund Services.Continue
Capstone Partners has opened an office in New York. The office will be led by Michael Keaveney, who joined Capstone in January. Keaveney will be focus primarily on northeast distribution and also will be involved in business development. Keaveney worked at Mercury Capital Advisors, Atlantic-Pacific Capital and Performance Equity Management in the past.Continue
Capstone Partners has appointed Michael Keaveney to the North American distribution team as a principal. Keaveney will be responsible for limited partner and general partner relationships in the Northeastern and Eastern United States.Continue
Harvey Mason has joined Capstone Partners as a director in the corporate restructuring services group. He will split his time between Boston and New York. Most recently, Mason worked at Argus Management where he specialized in providing interim management and financial advisory services to financially distressed companiesContinue
Corinthian Capital Group has acquired Friedrich Air Conditioning. Financial terms were not announced. San Antonio, Texas-based Friedrich makes air conditioners. Capstone Partners advised Friedrich.Continue
Capstone Partners has completed its buy of SagePoint Advisors. Financial terms weren’t announced. SagePoint, with offices in San Diego and Silicon Valley, SagePoint focuses on emerging technology companies. PRESS RELEASES Capstone Partners LLC, a leading national investment banking firm, today announced that it has completed the acquisition of SagePoint Advisors, a boutique investment bank dedicated entirely […]Continue
Capstone Partners, a Chertsey, U.K. Boston-based investment banking firm, is announcing it advised BOB Trailers on its sale to Britax Group Limited, a portfolio company of Nordic Capital Fund VII. Terms of the transaction are not being disclosed. The Capstone M&A team of John Ferrara, Jacob Voorhees, and Sophea Chau managed the transaction on behalf of […]Continue
Milestone Partners is expected to start fundraising for its latest pool this summer, a source says.
Radnor, Pa.-based Milestone, a lower middle market firm, is looking to raise $350 million, according to the source and a June 2011 document from Pennsylvania’s Public School Employees’ Retirement System (PSERS). Milestone Partners IV LP has a $450 million hard cap, PSERS says.
The firm’s last fund, Milestone III, raised $240 million in 2008, while the second fund collected $120 million in 2004. Milestone II has a 24.1% IRR while the third fund has an 8.7% IRR, PSERS says (PSERS invested about $30 million in fund II and $60 million in fund III), the document says.Continue
Louis de Saint-Marcq has joined placement agent Capstone Partners as an associate partner in the firm’s European office. He previously was in the London office of Goldman Sachs as an executive director of equities.Continue
Capstone Partners, a private equity placement agent, has opened an office in Shanghai. It will be led by Sheng Lu, a former partner with Heidrick & Struggles.Continue