Tonka Bay Equity Partners has made an investment in Quest Events, a provider of drapery rental services to the hotel, hospitality, and entertainment industries. Co-investing in the transaction with Tonka Bay was Goldner Hawn Johnson & Morrison and certain members of the company’s management team. Quest Events was a portfolio company of PVB Capital, Gemini […]
Archives for June 9, 2015
General Atlantic Acquires Too Faced Cosmetics
General Atlantic has agreed to acquire Too Faced Cosmetics from Weston Presidio which first invested in the company in January 2012. The founders and senior management team of Too Faced will retain ownership in the company. Too Faced is a cosmetics company that serves women ages 18 to 35 with an array of products including […]
AE Industrial Partners to Acquire Belcan
AE Industrial Partners has signed an agreement to acquire Belcan Corporation, a provider of engineering services and technical staffing. The transaction is expected to close by the third quarter of 2015. Belcan is a provider of engineering services and technical staffing to the aerospace, power generation and industrial markets. The company has more than 6,000 […]
Inverness Graham Closes Fund III Above Target
Inverness Graham has held a final closing of Inverness Graham Investments III with $283 million of total capital commitments. The new fund was oversubscribed and closed above its initial target of $225 million. Inverness Graham did not use a placement agent and the fundraising was completed in just six months. The new fund’s limited partner […]
GE to Sell Sponsor Finance Business to CPPIB
GE has reached an agreement to sell its US Sponsor Finance business and a $3 billion loan portfolio to Canada Pension Plan Investment Board (CPPIB) in a transaction valued at approximately $12 billion. The Sponsor Finance business is principally made up of Antares Capital – GE Capital’s lending business to private equity-backed middle market companies. […]