The Carlyle Group has agreed to acquire a majority interest in Talent Partners, a talent payroll, production support services and rights management services provider to the advertising industry. The transaction is expected to close in the second quarter of 2014. Equity for the investment will come from the Carlyle Equity Opportunity Fund. Paul Muratore will…...
Archives for May 21, 2014
Sentinel and TriArtisan Acquire TGI Fridays
Carlson has entered into an agreement for the sale of TGI Fridays Restaurants to Sentinel Capital Partners and TriArtisan Capital Partners. TGI Fridays will continue to be run by its current management team, led by President and CEO Nick Shepherd. The transaction is expected to close by July 2014. TGI Fridays is a casual dining…...
Silver Oak Exits Convergent Resources
Silver Oak Services Partners has completed the sale of its equity interest in portfolio company Convergent Resources to strategic buyer Account Control Technology Holdings. Silver Oak first invested in Convergent Resources in June 2007. Convergent Resources is a provider of outsourced receivables management and revenue cycle management services to the utility, telecom, financial services and…...
Pharos Capital Acquires Employee Benefit Solutions
Pharos Capital Group has acquired Employee Benefit Solutions, a provider of healthcare cost containment and wellness programs for small and mid-sized employers. The acquisition of Employee Benefit Solutions marks the second investment from Pharos Fund III, following Pharos’ acquisition of behavioral health services provider Seaside Healthcare this past January. “Healthcare remains an important focus for…...
Mercer Expands Private Equity M&A Business in the Midwest
Mercer has added two new professionals to its North America Private Equity M&A team with the addition of Jennifer Jakubowski and Ken Weinberger. Both Ms. Jakubowski and Mr. Weinberger report to Jeff Cox, Senior Partner and North America Private Equity M&A Leader “I am happy to welcome Jennifer and Ken back to Mercer,” said Mr…....