The competitive landscape continues to be distorted by unethical conduct. More than one-third of the respondents believe corruption is widespread in their country and this is perceived to be significantly higher in rapid-growth markets (e.g., Brazil – 84 percent, Indonesia – 72 percent, Turkey – 52 percent). Financial statement fraud remains an important risk across […]
Archives for May 24, 2012
Neil Wessan Appointed New Group Head of CIT Capital Markets
CIT Group has announced the appointment of Neil Wessan as Managing Director and Group Head of CIT Capital Markets which is responsible for structuring, pricing and distributing all financial products originated by CIT. Mr. Wessan will report directly to CIT Corporate Finance Co-Heads Pete Connolly and Jim Hudak. “Neil’s nearly three decades of experience in […]
Kilmer Capital Partners Acquires Atelka
It was announced today that Kilmer Capital Partners has acquired a majority interest in Atelka, a contract management services company. “This transaction will allow us to inject new funds in the organization in order to sustain its performance, expand our services and explore new markets,” said Georges Karam, CEO of Atelka. Atelka is a call […]
Avista Capital Partners Exits Navilyst Medical
AngioDynamics, a medical devices company, has completed its acquisition of Navilyst Medical, a portfolio company of Avista Capital Partners. Based on AngioDynamics recent closing price of $12.44 a share the transaction is valued at $355 million. As a result of the acquisition, Avista Capital Partners received approximately 9.4 million shares of AngioDynamics common stock in […]
Arsenal Acquires Clifton Adhesives
Royal Adhesives & Sealants, a portfolio company of Arsenal Capital Partners, has announced that Royal will acquire substantially all of the assets of Clifton Adhesives, a provider of adhesives and coatings. “Clifton has a long history supplying adhesives to the demanding aircraft and marine markets. The acquisition of Clifton and merger with Royal represents another […]
