Babson Capital Management provided subordinated debt to support the acquisition of Clear Edge Filtration by the Filtration Group, a portfolio company of Madison Capital Partners. “Madison is delighted to work together again with Babson Capital on the addition of Clear Edge to the Filtration Group family of companies,” said Larry Gies, founder, President and CEO […]
Archives for July 25, 2013
Peterson Partners Appoints Nick Jean-Baptiste as Vice President
Peterson Partners has named Nick Jean-Baptiste, former vice president at Macquarie Capital (USA), as a new vice president on its investment team. In this newly created position, Mr. Jean-Baptiste will be responsible for identifying new investment opportunities and he will work with portfolio company executives to accelerate growth. “Nick is an amazing asset to add […]
Sean McKeever New Head of Underwriting at Abacus
Abacus Financial has promoted Senior Vice President Sean McKeever to Head of Underwriting and Portfolio Management. Mr. McKeever is a founding member of Abacus and has more than ten years of experience in leveraged finance. Abacus focuses exclusively on providing cash flow senior financing for private equity-sponsored, lower-middle market companies. “As a co-founder of the […]
BelHealth Acquires 3 Genetic Testing Laboratories
BelHealth Investment Partners has formed General Genetics Corporation and acquired Genetics Testing Laboratories, Inc., Forensic Testing Laboratory, Inc. and Clinical Testing Laboratories, Inc. “Genetic testing is the fastest growing segment of the laboratory industry. As the foundation of personalized medicine, genetic testing is sure to become a standard part of clinical practice going forward. For […]
Insight Equity Acquires Environmental Management Systems
Versatile Processing Group, a portfolio company of Insight Equity, has acquired Environmental Management Systems, a transformer and electrical equipment recycling company. “Versatile’s acquisition of Environmental Management Systems is core to our investment thesis and will help Versatile become one of the premier providers of utility transformer services nationwide,” said Victor Vescovo, COO & Managing Partner […]