Pacific Northern, a designer and manufacturer of product displays and fixtures, has been acquired by Barton Creek Equity Partners and Tuckerman Capital. Pacific Northern’s management team will retain a significant ownership interest in the company. Pacific Northern is a designer and manufacturer of product displays and fixtures for the luxury retail industry. Sectors served include…...
Archives for November 12, 2013
ABRY Partners Invests in One Source Networks
One Source Networks, a provider of IT and communication services to large enterprises, has received a minority investment from ABRY Partners. The investment, which closed on November 1, will provide working capital as well as funds for the company’s continued business expansion. One Source Networks is a provider of communications services to Fortune 1000 companies…....
Azalea Capital Exits KLMK Group
Azalea Capital has sold its portfolio company KLMK Group, a provider of facilities consulting services, to CBRE Group. Azalea Capital first invested in KLMK Group in December 2010. KLMK Group is a provider of consulting and project advisory services for the launch, management, and transition of healthcare related facilities and capital projects. The company was…...
Neuberger Berman Closes Above Target at $2 Billion
Neuberger Berman has held a final close of NB Secondary Opportunities Fund III LP (“SOF III”) at $2 billion, surpassing its target of $1.6 billion. SOF III is the successor to NB Secondary Opportunities Fund II LP which closed in 2008 with total commitments of $1.7 billion. Limited partners in SOF III includes corporate and…...
Monroe Capital Hires Bradley Nii as Southern California Group Head
Monroe Capital has hired Bradley Nii as a Managing Director in its Los Angeles office. Mr. Nii will serve as the firm’s Group Head for the Southern California region. “We are very excited to add Brad to the Monroe Capital team,” said Ted Koenig, President & CEO of Monroe Capital. “Brad has an accomplished career…...