EQT Infrastructure to sell Swedegas to Enagás and Fluxys

EQT Infrastructure Limited has agreed to sell Swedegas to Enagás Internacional S.L.U. and Fluxys Europe B.V. No financial terms were disclosed for the transaction that is expected to be completed by mid-April. Morgan Stanley, Vinge and KPMG advised EQT Infrastructure on the deal. Swedegas owns Sweden’s entire gas transmission network.


Wind Point-backed Dicom buys Modern Forwarding

Dicom Transportation Group, a portfolio company of Wind Point Partners, has acquired Modern Forwarding. No financial terms were disclosed. KPMG LLP served as a transaction advisor to Wind Point and Dicom on the transaction while AIM Group Canada was financial advisor to Modern Forwarding. Based in Ontario, Modern Forwarding is a provider of regional truckload transport services with a focus on U.S.-Canada cross-border business.


Andersen Tax appoints MD at Chicago office

Andersen Tax has added Bob McDonald to its Chicago office as a managing director in its alternative investment funds practice. Previously, McDonald worked at KPMG where he was a partner in the federal income tax group. He was also a managing director at True Partners.


Riverside exits Rameder

The Riverside Company has sold its stake in Rameder. No financial terms were disclosed. Altium Capital, Watson Farley & Williams, Roland Berger and KPMG served as advisors to Riverside on the transaction. Based in Germany, Rameder is an online retailer of tow-bars, automotive carrier systems and related accessories.


Riverside completes Five Star acquisition

Riverside has acquired Five Star Painting as an add-on for its Dwyer Group platform. No financial terms were disclosed. Madison Capital, GE Capital, NXT Capital and Ares Capital provided financing for the transaction while Jones Day, KPMG, Fisher Zucker and Cassels Brock advised Riverside on the deal. Based in Spanish Fork, Utah, Five Star is a franchisor of interior and exterior painting services.

Riverside adds Protexer to team technologies platform

The Riverside Company has added Protexer to its team technologies platform. The Knoxville, Tennessee-based business distributes and assembles shoe cover dispensers, removers and shoe covers. GE Capital led the financing for the transaction. Riverside was advised by Jones Day and KPMG.

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peHUB First Read

This Monday’s First Read brings you news of CVC Credit Partners’ stressed European loans fundraising, Blackstone eyeing a first close on Energy Partners II and how performance disclosure is affected before, during and after a VC fundraising.

Cambridge Associates taps KPMG’s Koriath to head UK pension practice

Global institutional Investment advisor Cambridge Associates has named Alex Koriath as head of its UK pension practice. Prior to joining the company, Koriath worked at KPMG‘s investment advisory team in London, where he served as director and head of fiduciary management advisory services and head of manager research.

Cambridge hires Koriath as head of UK pension practice

Cambridge Associates has hired Alex Koriath as head of the UK pension practice. Koriath joins Cambridge from KPMG’s investment advisory team in London, where he worked as director and head of fiduciary management advisory services and head of manager research.


Audax-backed Aavid buys Allcast

Aavid Thermalloy, a portfolio company of Audax Private Equity, has acquired Allcast. No financial terms were disclosed. Based in Allenton, Wisconsin, Allcast is a maker of aluminum die casting products.

Results International announces promotion and new hire

Results International Group has promoted Julie Langley to partner. Also, the firm has hired Chris Lewis as managing director in its technology and digital media practice. Langley first joined the firm in September 2012 while Lewis is the former head of technology M&A at KPMG. Based in London, Results International advises on M&A deals and provides corporate finance advice to marketing communications and new media industries.

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Top 10 posts

Trending on peHUB this week: Banks deny big loan for KKR deal; job openings at CPP, Juggernaut and LACERA; and secrets to a successful PE career.


KPMG agrees to acquire Rothstein Kass

Audit, tax and advisory firm KPMG has agreed to acquire Rothstein Kass. No financial terms were disclosed for the deal, which is expected to be completed in the coming weeks. As a result of the transaction, most of the principals and employees of Rothstein Kass will join KPMG. Based in Roseland, NJ, Rothstein Kass is a professional services provider for the hedge fund sector.


KKR-backed Brickman and MSD-backed ValleyCrest agree to merge

Brickman, a portfolio company of KKR and ValleyCrest, which is backed by MSD Capital, have agreed to merge. No financial terms were disclosed for the transaction, which is expected to be completed by mid-2014. KPMG provided financial advice to Brickman while Moelis & Company served as financial advisor to ValleyCrest. Brickman, which is headquartered in Rockville, Maryland, is a provider of landscape maintenance and snow removal services in the U.S. And, based in Calabasas, Calif., ValleyCrest is an integrated landscape services firm.

KPMG names Moore national co-leader of VC practice

Audit, tax and advisory firm KPMG has appointed Conor Moore as national co-leader of the firm’s venture capital practice. Moore, who is based in San Francisco, first joined KPMG in 2002. He succeeds Packy Kelly, who has been named leader of KPMG’s global semiconductor practice.


Highlander Partners beefs up team with three new hires

Dallas-based private equity firm Highlander Partners has expanded its North American team with three new additions. Drew Koecher is coming on board as a partner while Allen Schaar and Charles Thomas have joined the firm as operating partner and associate, respectively. Previously, Koecher worked at KPMG where he served as a partner; Schaar was an interim president of Eagle Healthcare Physicians; and Thomas was a hedge fund analyst at Stadtler Capital Management.

Green Courte Partners promotes two to vice president

Chicago-based private equity real estate firm Green Courte Partners has promoted both Matthew J. Pyzyk and Chad V. Gardner to vice president. Prior to joining Green Courte, Pyzyk worked at Prudential Mortage Capital where he served as a junior associate while Gardner worked in the real estate tax practice at KPMG.


Jobs of the Week: Denham, Goldman Sachs and KPMG are hiring

This week on the job’s board two pension funds are looking for chief investment officers, Denham Capital is recruiting for an investor relations associate; Rockport Venture Partners is seeking a managing director and Goldman Sachs needs a New York-based leveraged finance associate.

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