Charlesbank Capital Partners has made an investment in Trojan Battery Company, a manufacturer of deep-cycle lead acid batteries. Trojan has been owned by the Godber family since its founding in 1925. Trojan Battery Company is a manufacturer of deep-cycle batteries. The company’s products are used to power a variety of golf, electric vehicle, aerial work […]
Archives for July 2, 2013
Clearlake Acquires Agilysys Retail Solutions Group
Clearlake Capital Group has completed its previously announced acquisition of the Retail Solution Group of Agilysys through a newly-formed company named Kyrus Solutions. Kyrus Solutions is now a provider of technology and IT managed services to retailers. The company offers retail point-of-sale, self-service and wireless mobility services, business consulting, implementation and maintenance support, and other […]
Private Equity Fundraising at Highest Value Since Financial Crisis
According to the latest data from Preqin, in the second quarter of 2013 private equity funds held final closings on an aggregate of $122 billion in commitments, the highest value since $171 billion was raised by funds in the fourth quarter of 2008. The $122 billion was raised by only 154 funds, the lowest quarterly […]
Morgan Stanley Closes Secondaries Fund Above Target
Morgan Stanley Alternative Investment Partners (AIP) has raised $770 million in commitments for the Morgan Stanley Global Secondary Opportunities Fund LP II (GSOF II), a fund dedicated to acquiring interests in private equity funds in the secondary market. The capital raised exceeded the initial $600 million target. GSOF II invests in off-market secondary opportunities with […]
Brian Silver Joins Perella Weinberg Partners as Partner
Perella Weinberg Partners has added Brian Silver as a new Partner in its New York office. Mr. Silver will work in the firm’s advisory business and will focus on clients in the healthcare sector. He joins Perella’s team of six healthcare sector advisory professionals led by Partners Christopher O’Connor and Philippe McAuliffe in New York, […]
