Harvest Partners and Investcorp have recapitalized PRO Unlimited, a provider of software and IT managed services to large enterprises. As part of the transaction, Investcorp will re-invest in the company, taking a minority stake in the new capital structure. Investcorp and Mumtalakat, the investment arm of the Kingdom of Bahrain, acquired PRO Unlimited in October […]
Archives for April 10, 2017
BV Closes Fund IX Quickly
BV Investment Partners has held a first and final close for BV Investment Partners Fund IX, LP at its $750 million hard cap, well above its $600 million target. Fundraising for Fund IX began in mid-January 2017. The firm’s earlier fund closed in September 2014 at its hard cap of $487 million. BV Investment Partners […]
Pritzker Adds-On to ProAmpac
ProAmpac, a portfolio company of Pritzker Group Private Capital, has acquired Trinity Packaging Corporation. Trinity Packaging is a maker of flexible packaging with a specialization in large format packaging for the lawn and garden, food and specialty industrial markets. Trinity was founded in 1917 and is headquartered in Armonk, NY with operations in Rocky Mount, […]
HarbourVest Closes Two New Funds
HarbourVest Partners has held final closings for its first mezzanine-focused co-investment fund at $375 million and its third real assets fund at $366 million. Mezzanine Income Fund I was oversubscribed and closed above its $250 million target at its hard cap of $375 million. Real Assets Fund III is HarbourVest’s first commingled real assets fund […]
O2 Adds New Associate
O2 Investment Partners has named Sam Wegenke as the firm’s newest associate. At O2, Mr. Wegenke will be actively evaluating new transactions, conducting due diligence, underwriting new investments, and working with the firm’s portfolio company management teams. “On behalf of O2, we are pleased to have Sam join the team and believe his relevant transaction […]
