National Response Corporation, a portfolio company of J.F. Lehman & Company, has completed the acquisition of Specialized Response Solutions. Specialized Response Solutions (SRS) is a provider of emergency response, firefighting, specialized equipment fabrication, training, and other specialized response services primarily for the rail and industrial chemicals industries. SRS will operate under NRC’s Environmental Services – West […]
Archives for March 2014
FTV Capital Closes Oversubscribed Fourth Fund
FTV Capital has held a final closing of its fourth fund, FTV IV, LP, with $700 million of limited partner commitments. The new fund had an initial target of $500 million and was significantly oversubscribed. “Given the highly competitive fundraising environment, we were thrilled by the significant demand for FTV IV,” said Karen Derr Gilbert, […]
WL Ross Appoints Co-Leaders of Firm
WL Ross & Co. today announced that Stephen Toy and Greg Stoeckle have been appointed Senior Managing Directors and Co-Leaders of the firm effective May 1st. Wilbur Ross, founder of the firm, will continue as Chairman and Chief Strategy Officer and will continue to serve on the Investment Committee of WL Ross and as chairman […]
Christopher de Movellan Joins Angle Advisors
Angle Advisors has added Christopher de Movellan to its team as a new Director. Mr. de Movellan has experience managing international businesses in a variety of sectors including aerospace, financial services, and retail sporting goods manufacturing & distribution. Mr. de Movellan speaks five languages – Spanish, English, Italian, Portuguese, and French – which will assist […]
Levine Leichtman Acquires FMC Material Handling
Levine Leichtman Capital Partners (LLCP) has entered into an agreement to acquire the material handling products business of FMC Technologies. Upon closing of the transaction, expected early in the second quarter, the business will be re-named Syntron Material Handling. Upon closing, Syntron Material Handling will be a manufacturer of conveyor and vibratory equipment used to […]
Falfurrias Acquires Advanced Control Systems
Falfurrias Capital Partners has acquired Advanced Control Systems, a supplier of utility automation systems worldwide. Advanced Control Systems manufactures products and systems that control key functions relating to the transmission and distribution of power, including supervisory control and data acquisition (SCADA) systems, energy management systems, distribution management systems, outage management systems, and feeder automation solutions. […]
Sentinel Capital Partners Acquires Newk’s Eatery
Sentinel Capital Partners has acquired Newk’s Holding Company, owner and operator of the Newk’s Eatery franchise. Newk’s offers a menu of made-from-scratch sandwiches, soups, salads, and pizzas. The company was founded in 2004 by Chris Newcomb (CEO), Don Newcomb (Chairman) and Debra Bryson (Vice President) as a locally owned sandwich shop in Oxford, Mississippi. Today, […]
Golden Gate Acquires LiveVox
Golden Gate Capital has acquired a majority stake in LiveVox, a provider of cloud-based contact center software for business process outsourcers and enterprise clients. LiveVox provides a suite of integrated contact center services, including predictive dialing, automated call distribution (ACD), interactive voice response (IVR), call recording and reporting/business analytics tools, via a unified multi-tenant cloud […]
Avista Acquires Portfolio of Branded Women’s Health Products
Vertical Pharmaceuticals, a portfolio company of Avista Capital Partners (through Vertical/Trigen Holdings) has acquired the rights to three branded women’s health products from Upsher-Smith Laboratories. Avista acquired a majority interest in Vertical/Trigen Holdings in December 2013. “This is a positive first step in our strategy to expand the Vertical/Trigen platform through add-on acquisitions,” said Brian […]
The Carlyle Group Names Co-Presidents
The Carlyle Group today announced that Michael Cavanagh and Glenn Youngkin will become Co-Presidents and Co-Chief Operating Officers. Mr. Cavanagh is currently Co-Chief Executive Officer of the Corporate & Investment Bank at JPMorgan Chase & Co. Mr. Youngkin is a 19-year Carlyle veteran and currently is the Chief Operating Officer of Carlyle. “Coupling a highly […]
Duff & Phelps Announces Nine Managing Director Promotions
Valuation and corporate finance advisor Duff & Phelps Corporation has announced the promotion of nine new managing directors. “These nine leaders have an exceptional track record of client service and deep industry expertise,” said Noah Gottdiener, chief executive officer of Duff & Phelps. “I am pleased to welcome them to our team of talented managing […]
Sun Capital Exits Certified Power
Sun Capital Partners has completed the sale of Certified Power, a distributor of fluid power and power train products, to Brinkmere Capital Partners. Certified Power is a distributor of fluid power and power train products to the on- and off-highway mobile equipment market. The company will also assist its customers with the design, engineering, service […]
A.T. Kearney Expands Private Equity Practice
Management consulting firm A.T. Kearney has expanded its private equity practice with the hiring of three new partners, Mark Anglin, Michael Dart, and Todd Hooper. Messrs. Anglin, Dart, and Hooper are specialists in the consumer goods and retail sectors and come to A.T. Kearney from management and strategy consulting firm Kurt Salmon. “We’re especially pleased […]
TPG to Acquire Warranty Group from ONEX
TPG has signed an agreement to acquire The Warranty Group, a provider of warranty services and related programs, from Onex Corporation at an enterprise value of approximately $1.5 billion. The transaction is expected to close in the third quarter of 2014. The Warranty Group (TWG) is a global provider of warranty services and related benefits. […]
Vestar to Acquire Institutional Shareholder Services
Vestar Capital Partners has signed an agreement to acquire Institutional Shareholder Services (ISS), a provider of corporate governance services to the global financial community, from MSCI for $364 million. The transaction is expected to close in the second quarter. “With Vestar’s support, the management team looks forward to advancing ISS‘ long-standing mission of providing world-class […]
Seidler Equity Partners Exits City Wire Cable & Technology
Seidler Equity Partners has sold its portfolio company Windy City Wire Cable & Technology Products (WCW) to the management team of the company led by Rich Galgano, co-founder and CEO. WCW is a manufacturer and distributor of low-voltage wire and cable for security, access control, fire life-safety, building automation, audio-video and related applications. The company’s […]
Avante Backs Fulham Buy of Delphon Industries
Avante Mezzanine Partners has provided mezzanine debt and made an equity co-investment to support the recent acquisition of Delphon Industries by Fulham & Co. “Avante was an excellent partner during diligence,” said John Fulham, Managing Partner of Fulham & Co. “We were impressed with their team from the outset and knew that they could move […]
Riverside Acquires RS Occupational Health
The Riverside Company continues to expand its DISA Global Solutions platform with the recent acquisition of RS Occupational Health, a provider of medical services to the energy industry. RS Occupational Health (RSOH) provides occupational health services including remote emergency services via three UK clinics located in Aberdeen (headquarters) and Inverness, Scotland and Great Yarmouth, England. […]