The Halifax Group has held a final close of its third buyout fund, Halifax Capital Partners III, L.P., with commitments of $393 million exceeding its target of $350 million. With this close the firm now has total committed capital under management of approximately $1 billion. Halifax’s previous fund was $305 million and closed in 2006. […]
Archives for November 6, 2012
BB&T Capital Partners Invests in Smith-Cooper International
BB&T Capital Partners has invested $12.5 million of equity to support the acquisition of Smith-Cooper International by Blue Point Capital Partners. In addition to BB&T Capital Partners other co-investors in this transaction included TIAA, Babson Capital, CDIB Capital (the overseas investing arm of China Development Financial Holding Corporation), and Smith-Cooper management. Smith-Cooper International is a […]
Babson Capital Makes Sub Debt and Equity Investment in Latest Sterling Acquisition
Babson Capital Management has provided subordinated debt and made an equity co-investment to support Sterling Investment Partners’ acquisition of Service Logic. Babson Capital served as the lead provider of subordinated debt on the transaction. “Babson Capital has proven itself to be a reliable, trusted and value-added business partner to Sterling Investment Partners on many investments […]
Pepperdine University Research – Nearly 1 in 5 Private Equity Lenders Are Targeting Manufacturing Sector
The 2013 Capital Markets Report published today by Pepperdine University’s Graziadio School of Business and Management found that 19% of private equity companies plan to invest in the manufacturing sector over next 12 months. Overall, private equity investors said that they expect further increases in demand for private equity, deal multiples, value of portfolio companies […]
Pine Tree Equity Acquires Jewelry Repair Enterprises
Pine Tree Equity has acquired Jewelry Repair Enterprises, a franchisor of jewelry and watch repair centers. Jewelry Repair Enterprises (dba Fast-Fix) is a national franchisor of jewelry and watch repair centers with over 150 mall-based locations throughout the United States and Canada. Franchisees primarily provide quick turnaround jewelry and watch repair services, completing approximately 90% […]
