Weld North Invests in Organic Avenue

Weld North Invests in Organic Avenue

Weld North announced today that it has acquired a significant minority stake in Organic Avenue, a provider of organic juices and raw food plans. “After six years of successful local expansion and building a loyal customer base, we were ready to take on a partner that could help manifest our vision,” said Denise Mari, Founder, […]

Francisco Partners Acquires Plex Systems

Francisco Partners today announced the acquisition of Plex Systems, a provider of cloud ERP software for manufacturers, from a group of shareholders, including Apax Partners. Francisco Partners has identified Plex Systems as an early mover in the cloud ERP market with significant recurring revenue and strong growth opportunities. Plex Systems’ flagship product, Plex Online, is […]

Serene Capital Management and C3 Capital Invest in California Living Waters

Serene Capital Management and C3 Capital Invest in California Living Waters

Serene Capital Management and C3 Capital have made an investment of mezzanine and equity capital in California Living Waters, the parent company of Southern California Waste Water and Central Valley Waste Water. Proceeds of the investment will be used for the expansion of facilities, operations and service capabilities. California Living Waters provides treatment of non-hazardous […]

Sterling Partners Acquires Tribeca Flashpoint Media Arts Academy

Sterling Partners Acquires Tribeca Flashpoint Media Arts Academy

Sterling Partners has acquired a majority stake in Tribeca Flashpoint Media Arts Academy (TFA), a digital media arts college. TFA has been led by veteran high-tech entrepreneur Howard Tullman, its president and CEO, since it began operations in 2007. “Sterling Partners’ education expertise, tremendous resources and capital support will enhance and expand TFA’s ability to […]

Investor Group and Bell to Acquire Q9 Networks

Investor Group and Bell to Acquire Q9 Networks

An investor group, comprising Ontario Teachers’ Pension Plan, Providence Equity Partners and Madison Dearborn Partners, and BCE Inc. today announced an agreement to acquire 100% of Canadian data centre operator Q9 Networks for C$1.1 billion. “Q9 looks forward to working with these leading private-equity firms and Canada’s largest communications company, all of which have a […]

Oak Hill Capital Partners and GI Partners Acquire WaveDivision Holdings

Oak Hill Capital Partners and GI Partners Acquire WaveDivision Holdings

WaveDivision Holdings today announced that Oak Hill Capital Partners and GI Partners, in conjunction with Chief Executive Officer Steve Weed and other members of Wave management, have entered into an agreement to acquire the company from its current owners, led by Sandler Capital Management. “Steve Weed and the Wave management team have built an outstanding […]

Centerbridge Partners Acquires Reddy Ice

Centerbridge Partners Acquires Reddy Ice

Reddy Ice Holdings today announced that, having closed its previously announced financing arrangements, it has consummated its voluntary Chapter 11 reorganization. Effective today, the company emerged from Chapter 11 protection substantially de-levered and with a capital structure that provides the financial flexibility to further invest in the long-term growth of its business. The company is […]

Goldman Sachs Capital Partners Invests in Plastipak

Goldman Sachs Capital Partners Invests in Plastipak

Plastipak Holdings, a supplier of plastic packaging to consumer product companies, announced today that GS Capital Partners (GSCP) has agreed to make a significant equity investment in the company. Plastipak has been owned and run by the Young Family since 1967. The Young Family will continue to hold a majority stake in Plastipak following the […]

Marlin Equity Partners Acquires Openwave Messaging and Openwave Mobility

Marlin Equity Partners Acquires Openwave Messaging and Openwave Mobility

Marlin Equity Partners announced today that it has acquired the Messaging and Mediation product businesses from Openwave Systems. Marlin has renamed the acquired businesses Openwave Messaging and Openwave Mobility and will operate each business as a standalone platform. Openwave Messaging provides core e-mail and voicemail software services to telecommunications service providers, mobile operators and cable […]

Southport Lane to Acquire Dallas National Insurance Company

Southport Lane to Acquire Dallas National Insurance Company

Private equity firm Southport Lane, through its subsidiary Lonestar Holdco, has reached an agreement with Dallas National Insurance Holdings to acquire 100% of Dallas National Insurance Company, a Texas based property and casualty insurer. Dallas National Insurance Company is a property and casualty insurance company which writes predominantly worker’s compensation and general liability insurance. The […]