PE-backed LoanDepot files for IPO

By Iris Dorbian — 4 months ago

California-based consumer lender LoanDepot Inc 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. Morgan Stanley, Goldman Sachs, Wells Fargo Securities, Barclays and UBS Investment Bank will serve as the lead underwriters. LoanDepot is backed by Parthenon Capital Partners.

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KED and BDT Capital to acquire stake in Truck-Lite

By Iris Dorbian — 4 months ago

Koch Equity Development LLC and BDT Capital Partners LLC have agreed to acquire Falconer, New York-based Truck-Lite, a provider of safety lighting and filtration systems for commercial vehicles. No financial terms were disclosed for the deal that’s expected to close in the fourth quarter of this year. Baird and Wells Fargo provided financial advice to Truck-Lite on the transaction while Barclays did likewise for KED. Truck-Lite is currently owned by Penske Corp (which will retain an ownership stake in Truck-Lite) and Kelso & Company.

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Veritas Capital to buy Alion

By Luisa Beltran — 7 months ago

Veritas Capital said Thursday it has agreed to buy Alion Science and Technology Corp. Financial terms weren’t announced. Mclean, Virginia-based Alion provides engineering solutions and services that address issues relating to national defense, homeland security and other government areas. Credit Suisse and Wells Fargo advised Alion.

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PE-owned restaurant chain Bojangles sets IPO pricing terms

By Iris Dorbian — 10 months ago

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.

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Riverside acquires Chilton as an add-on

By Iris Dorbian — 11 months ago

The Riverside Company has acquired food safety company Chilton Consulting Group as an add-on to its Alchemy Systems platform. No financial terms were disclosed. Jones Day and Deloitte advised Riverside on the transaction while Wells Fargo provided the financing.

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Veritas Capital to sell CRGT to Bridge Growth

By Iris Dorbian — 1 year ago

Bridge Growth Partners has agreed to buy CRGT from Veritas Capital. No financial terms were disclosed for the deal, which is expected to close by the end of the year. Wells Fargo and Stifel Nicolaus provided financial advice to CRGT on the transaction while Credit Suisse advised Bridge Growth. Also, Kevin Parker of Bridge Growth will become the chairman of CRGT’s board of directors. Based in Reston, Virginia, CRGT is a provider of custom software development and data analytics to federal government agencies.

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IMatchative picks up $20 mln Series B

By Iris Dorbian — 1 year ago

San Francisco-based IMatchative, which specializes in data aggregation and analysis in addition to behavioral psychology and algorithms, has secured $20 million in Series B funding. The investors included Wells Fargo, Control Empresarial de Capitales, S.A. de C.V., controlled by Carlos Slim, David Bonderman, founding partner of TPG Capital and Whitebox CEO Andy Redleaf. Sterne, Agee & Leach, provided financial advice to IMatchative on the Series B funding round.

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PE-backed Fairmount Santrol debuts IPO

By Iris Dorbian — 1 year ago

Fairmount Santrol, which is backed by American Securities, has raised $400 million for its IPO after pricing its 25 million shares at $16 per share. The stock began trading Friday on the NYSE under the ticker symbol “FMSA.” Among the underwriters are Morgan Stanley, Wells Fargo, Barclays and Goldman Sachs. Based in Chesterland, Ohio, Fairmount Santrol is a provider of sand-based products for oil and gas exploration and production companies.

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