Sterling Infosystems Buys Axciom Info Security Services
February 3, 2012
Sterling Infosystems , which is backed by Calera Capital , has acquired Acxiom Information Security Services . The seller was Acxiom Corp . Financial terms weren’t announced. Acxiom Information Security is a background screening company. PRESS RELEASE Sterling Infosystems, Inc., a company owned by management and Calera Capital, a San Francisco based private equity firm, announced that it has completed the acquisition of Acxiom Information Security Services (AISS), a leading background screening company, from Acxiom Corporation (Nasdaq: ACXM)
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Sterling Infosystems Buys Axciom Info Security Services
Centerbridge Partners Acquires Aquilex
February 3, 2012
Aquilex Holdings said Friday that it has financially restructured its debt and is now majority owned by Centerbridge Partners . Also, Aquilex CEO and President Bill Varner is retiring while Donovan Boyd was named chairman of the board. Rothschild provided financial advice to Aquilex, while Alvarez & Marsal was restructuring advisor. Aquilex provides maintenance, repair and industrial cleaning solutions to the energy industry.
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Centerbridge Partners Acquires Aquilex
Thompson Street Capital Raises $350 Mln for Fund III
February 3, 2012
Thompson Street Capital Partners announced Friday that they closed their third fund at $350 million. Investors for TSCP III mainly came from their second fund. St. Louis-based Thompson Street invests in service, manufacturing and distribution busineses. PRESS RELEASE Thompson Street Capital Partners (TSCP) announced today that they have successfully closed TSCP III, their latest private equity fund, at the target amount of $350 million.
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Thompson Street Capital Raises $350 Mln for Fund III
Vinci, Carlyle-Qatar Lead Bids for TAV
February 3, 2012
French construction group Vinci and a partnership between U.S. private equity firm Carlyle Group and the Qatar Investment Authority are leading bidders for a 40% stake in Turkish airport operator TAV Havalimanlari Holding , Reuters reported Friday. TAV is valued at roughly $2 billion, Reuters wrote. ( Reuters ) – French construction group Vinci and a partnership between U.S. private equity firm Carlyle Group and the Qatar Investment Authority (QIA) are leading bidders for a 40 percent stake in Turkish airport operator TAV Havalimanlari Holding, three sources close to the deal told Reuters on Friday.
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Vinci, Carlyle-Qatar Lead Bids for TAV
SVP Closes Fund II Above Target
February 3, 2012
Strategic Value Partners , a global investment firm with offices in Greenwich (CT), London, Frankfurt and Tokyo has reached a final close of Strategic Value Special Situations Fund II at $918 million. The Fund had an original target of $600 million. SVP focuses on distressed, event driven and turnaround investments. PRESS RELEASE Strategic Value Partners (SVP), a leading global investment firm focused on distressed, event driven and turnaround investments, today announced the final closing of Strategic Value Special Situations Fund II (“SVSS II”) at $918 million. The Fund had an original target of $600 million
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SVP Closes Fund II Above Target
THL Credit Backs Express Courier Acquisition of EagleOne
February 3, 2012
THL Credit has backed Express Courier ’s acquisition of EagleOne , a provider of same-day courier services in Southern United States. THL Credit and its managed fund, THL Credit Greenway Fund LLC , provided senior subordinated debt capital as part of the acquisition. Express Courier, a portfolio company of The Riverside Company , is headquartered in Franklin, Tennessee, and specializes in same-day and regularly scheduled delivery of time-sensitive or confidential materials across a range of industries. PRESS RELEASE THL Credit, Inc
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THL Credit Backs Express Courier Acquisition of EagleOne
Prospect Acquires Nix Health
February 3, 2012
Prospect Medical Holdings has acquired Nix Health Care System , a company that offers San Antonio and the surrounding communities a vast array of medical services ranging from primary care and surgical services to behavioral and rehabilitation services. Prospect Medical Holdings is a healthcare services company headquartered in Los Angeles and backed by private equity firm Leonard Green & Partners . PRESS RELEASE Prospect Medical Holdings, Inc.
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Prospect Acquires Nix Health
Peele Named COO of Surefire Social
February 2, 2012
Ron Peele was named chief operating officer of Surefire Socia l. He is also an investor in Surefire Social, an Internet marketing platform. Peele was a founding investor and CFO of Revolution Health . Prior to that, he helped launch and build the AOL/Time Warner venture capital group.
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Peele Named COO of Surefire Social
Policard Leaves Morgan Stanley for KKR
February 2, 2012
Vincent Policard joins KKR as a director in the firm’s infrastructure team. Policard, who will be based in London, will be responsible for originating and executing transactions in the European infrastructure sector. He joins from Morgan Stanley where he was part of the infrastructure fund team. PRESS RELEASE Kohlberg Kravis Roberts & Co
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Policard Leaves Morgan Stanley for KKR
ORIX Venture Finance Invests in Kemp Technologies
February 2, 2012
ORIX Venture Finance has made an equity investment in Kemp Technologies alongside Edison Ventures and Kennet Partners . peHUB reported in January that Kemp had raised $16 million in new funding, which included $7.5 million from Edison Ventures. Kemp makes server load balancer appliances. PRESS RELEASE ORIX Venture Finance, a leading provider of growth capital to mid- and late-stage private companies, today announced an equity investment in Kemp Technologies alongside Edison Ventures and Kennet Partners.
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ORIX Venture Finance Invests in Kemp Technologies
