Aeropostale, a mall-based specialty retailer of casual apparel for young women and men, has signed a commitment letter with Sycamore Partners and its affiliates for a strategic partnership and $150 million in senior secured credit facilities. The senior secured credit facilities consist of a five-year $100 million term loan facility and a ten-year $50 million…...
Archives for March 14, 2014
Thoma Bravo Acquires CA Erwin Data Modeling
Embarcadero Technologies, a portfolio company of Thoma Bravo, has entered into an agreement to acquire the CA Erwin Data Modeling business from CA Technologies. CA ERwin is the most-used data modeling tool among data professionals, and is sold almost exclusively through more than 500 partners in over 70 countries. According to Thoma Bravo, the acquisition…...
FCP Acquires Dunkin’s Surfside Coffee Franchisee
Fireman Capital Partners has acquired a majority stake in Surfside Coffee Company, a newly created entity that will own the Dunkin’ Donuts franchise network based in southern Florida. Surfside Coffee Company was recently formed through the purchase of two Dunkin’ Donuts franchise networks and is now the largest Dunkin’ Donuts franchise network in Florida. Surfside…...
Daniel Akerson Returns to Carlyle
Former General Motors Chairman and CEO Daniel Akerson has rejoined The Carlyle Group as Vice Chairman and Special Advisor to the Board of Directors. In these new roles, Mr. Akerson will give operational, investment and management guidance to Carlyle’s investment teams, firm management and the Board of Directors. He is based in Carlyle’s Washington, DC…...