Carrick Capital Partners has held the final close of its first fund with $180 million in capital commitments. The fund will invest in companies that focus on technology-enabled service offerings, business process outsourcing, transaction processing, software as a service and enterprise software. Carrick Capital Partners was co-founded by Marc McMorris, a former General Atlantic managing […]
Archives for November 28, 2012
L2 Capital Adds Two New Professionals
L2 Capital Partners has added two new team members to its staff with the hiring of Matt Klein as an Operating Partner and Connor McMahan as an Associate. “It is very exciting to have Matt and Connor join our team. Both are highly talented and greatly expand L2’s ability to enhance the performance of our […]
Oxford Provides Backs Nursing Facility Operator
Oxford Finance has closed a $20 million senior secured term loan and a $1.5 million revolving line of credit with Pali Corporation, a nursing facility operator. Proceeds of the loan are being used to refinance the company’s existing debt and for working capital to support its two nursing facilities in Hawaii. “Oxford is very pleased […]
Resilience Capital Partners Exits ChemDesign
Resilience Capital Partners has sold its portfolio company ChemDesign, a provider of toll manufacturing services to the global chemical industry, to private equity firm Lubar & Co. Resilience acquired ChemDesign in October 2006 in a Chapter 11 Section 363 bankruptcy sale. The sale of ChemDesign generated a 3.8x net return on invested capital and a […]
Teachers’ Private Capital Acquires Plano Molding
Ontario Teachers’ Pension Plan (Teachers’) has signed an agreement to acquire Plano Molding Company, a supplier of outdoor sports storage systems. Teachers’ is making the acquisition through its private equity investment division, Teachers’ Private Capital. “The Plano management team and I are extremely excited to be partnering with Teachers’,” said Tom Hurt, the company’s President […]
