Catalyst Investors has held a final closing of the firm’s third fund, Catalyst Investors III, LP, with total commitments of $213 million – the firm’s largest fund to date. As with earlier funds, Catalyst will invest in high-growth, lower middle-market cloud computing, wireless infrastructure and digital media companies. “Catalyst’s cohesive team, proven track record, cogent…...
Archives for August 15, 2012
Coller Buys PE Portfolio from Lloyds
Lloyds Banking Group has agreed to the sale of a portfolio of private equity-related investments with gross assets of approximately £1,050 million and the transfer of approximately £220 million of undrawn commitments to Coller Capital for £1,030 million in cash. Coller Capital will fund the purchase through its sixth investment fund, Coller International Partners VI…....
Allen Conger Joins FOCUS
FOCUS, a middle market investment banking firm, has hired Allen Conger as a new Principal in the Southeast region. “Allen has years of investment banking experience and his financial advisory skills in such industries as construction, energy, technology, distribution and healthcare will serve our client base well,” said Jonathan Wilfong, FOCUS partner. In addition to…...
Audax Group Acquires Clements National Company
Winchester Electronics, a portfolio company of Audax Group, has completed the acquisition of Clements National Company. The acquisition of Clements is the fourth add-on acquisition for Winchester which Audax acquired in June 2006. Clements is a designer and manufacturer of power and signal connectors to the rail/mass transit and marine, and oil & gas markets…....
Flexpoint Ford Acquires Jefferson Capital International
Flexpoint Ford has acquired Jefferson Capital International, a provider of recovery services for consumer charged-off accounts, from CompuCredit Holdings Corporation. “We are thrilled about our investment in Jefferson Capital and the opportunity to work with an industry leader in David Burton and his management team. Jefferson Capital has performed well for CompuCredit over the years…...
