According to a new executive compensation study of private businesses released today, non-founder C-suite executives at technology companies saw their cash compensation increase by 4.8 percent year-over-year, while comparable executives at private life sciences firms experienced an average increase of 3.5 percent. The CompStudy, now in its 13th year, is produced by Park Square Executive […]
Archives for October 12, 2012
Ares Management Acquires Smart & Final
Ares Management has signed an agreement to acquire a majority stake in Smart & Final, a multi-format retailer serving both households and smaller businesses and a portfolio company of Apollo Global Management, for $975 million. The senior management team of Smart & Final will own a minority stake in the company. Ares Management has secured […]
Bain Capital Acquires Apex Tool Group
Cooper Industries and Danaher Corporation have signed an agreement to sell Apex Tool Group to Bain Capital for approximately $1.6 billion. The transaction is expected to close in the first half of 2013. Goldman Sachs served as the exclusive financial advisor to Apex Tool Group. Apex Tool Group was formed in July 2010 as a […]
Trivest Invests in Wise Company
Trivest Partners has completed an investment in Wise Company, a supplier of freeze dried and dehydrated food products for the emergency preparedness and outdoor markets. Wise represents the 11th platform company investment in Trivest Fund IV, a $325 million fund. Brian NeVille, Wise CEO and shareholder, along with Wise’s current management team, will continue to […]
Harbour Group Acquires Bossard Metrics
Lindstrom Metric, a portfolio company of the Harbour Group, has acquired Bossard Metrics, a distributor of metric fasteners and subsidiary of global fastener company Bossard Group. “Harbour Group demonstrated strong operational and industry experience throughout this process,” said David Dean, CEO of Bossard Group. “Their experience, combined with their ability to move quickly and in […]