Hoffmaster Group, a portfolio company of Metalmark Capital, has acquired Graphic Management Specialty Products. Graphic Management Specialty Products is a provider of tabletop products to the healthcare and food service markets, as well as the food packaging and contract manufacturing industries. The company is based in Oconto, WI (www.gmsp.com). Hoffmaster Group is a paper converting…...
Archives for September 10, 2013
Ares and CPPIB Acquire Neiman Marcus Group
Ares Management and Canada Pension Plan Investment Board (CPPIB) have entered into an agreement to acquire Neiman Marcus Group from a group of investors led by TPG and Warburg Pincus for a purchase price of $6 billion. The company’s management will retain a minority stake. The transaction is expected to close in the fourth quarter…...
TorQuest Closes Fund 3
TorQuest Partners has held a final closing of its third fund, TorQuest Partners Fund III, with C$535 million of committed capital. The new fund will target middle-market private equity investment opportunities in Canada and the United States. The new fund is comprised of three separate fund entities: TorQuest Partners Fund III, L.P., TorQuest Partners Fund…...
Babson Backs Fort Point Buy of Engineering Planning and Management
Babson Capital Management has provided subordinated debt and made an equity co-investment to support Fort Point Capital’s investment in Engineering Planning and Management. Babson Capital was the sole provider of subordinated debt on the transaction. Fort Point Capital made the investment in Engineering Planning and Management (EPM) in partnership with company founder Wade Larson and…...
Richard Lobo Joins Nova Capital
Nova Capital Management, an acquirer of corporate and private equity portfolios, has hired Richard Lobo as an Investment Partner. Mr. Lobo has spent the last 20 years with CHS Capital. As a Partner and member of CHS’ Investment Committee, he has been directly involved in dozens of transactions and brings private equity experience to the Nova…...
