Warburg Pincus has closed is 11th fund, Warburg Pincus Private Equity XI, L.P., with $11.2 billion of committed capital. “We are pleased to announce our final close,” said Charles Kaye, Co-President of Warburg Pincus. “This successful fundraise, in a challenging environment, was driven by strong support from both existing and new investors. We see this […]
Archives for May 10, 2013
Keating Capital Realizes $675,000 Gain from Portfolio Exit
Keating Capital has completed the sale of its position in Corsair Components to Francisco Partners for total net proceeds of approximately $4,675,000. In July 2011, Keating acquired $4 million of common stock and acted as the lead investor in an $8 million purchase of common stock from the founders and management employees of Corsair. At […]
High Road Capital Partners Acquires The Crown Group
High Road Capital Partners has completed the acquisition of The Crown Group, a provider of coating services to the automotive, agricultural, heavy truck and industrial markets. High Road partnered with Charter Oak Equity on the transaction. The Crown Group provides coatings for electrocoat, powder coat, and liquid applications to the automotive, agricultural, heavy truck and […]
Fulcrum Capital Partners Exits Qzina Specialty Foods
Fulcrum Capital Partners has sold its portfolio company Qzina Specialty Foods North America to The Chefs’ Warehouse. Qzina Specialty Foods is a supplier of gourmet chocolate, dessert and pastry products to restaurants, bakeries, patisseries, chocolatiers, hotels and cruise lines throughout the US and Canada. The company was founded in 1982 and is based in Pompano […]
Tennenbaum Capital Partners Exits Ross Casting & Innovation
Tennenbaum Capital Partners has sold Ross Casting & Innovation, a subsidiary of its portfolio company Revere Industries, to ABI-Showatech. Ross Casting & Innovation manufactures cast aluminum cold-side turbocharger impellers for commercial diesel and passenger car applications. Customers include BorgWarner, Cummins and Honeywell International. The company was founded in 1931 and is based in Sidney, OH […]