Steinway Musical Instruments has entered into an agreement to be acquired by Kohlberg & Company in a transaction valued at approximately $438 million. Upon the completion of the transaction, Steinway Musical Instruments will become a privately held company. Under the terms of the agreement, Kohlberg will commence a tender offer to acquire all of the […]
Archives for July 2, 2013
JLL Partners Exits NetSpend
JLL Partners has sold its portfolio company NetSpend, a provider and processor of debit cards, to Total Systems Services. NetSpend’s products include general purpose reloadable prepaid debit cards, general purpose gift cards and debit card programs for large credit card issuers and other consumer-driven companies. NetSpend is the only company in its market to perform […]
Leading Ridge Acquires TestTech
ReverTech Solutions, a portfolio company of Leading Ridge Capital Partners, has acquired substantially all the assets of Test Technology, a provider of electronic repair and reverse logistics services. Test Technology is a provider of electronic repair and reverse logistics services. Reverse logistics is the process of return or exchange; repair; refurbishment; remarketing; and disposition of […]
Avista Acquires ZEST Anchors from Jordan
Avista Capital Partners has signed an agreement to acquire ZEST Anchors, a dental products manufacturer and a portfolio company of The Jordan Company. ZEST Anchors is a manufacturer of a dental products including overdenture attachments used in the treatment of edentulous (the condition of being toothless) patients. ZEST sells its products through OEM implant companies […]
Levine Leichtman Exits Sequel Youth and Family Services
Levine Leichtman Capital Partners has exited its investment in Sequel Youth and Family Services through a recapitalization of the company. “The Sequel investment has been very successful for our partners, the management team and all of the company’s stakeholders. We are proud of the growth the company has achieved over the past years despite the […]
