The Public Sector Pension Investment Board – one of Canada’s largest pension investment managers – has acquired a significant minority interest in Allflex Group from BC Partners. BC Partners acquired Allflex from London-based Electra Partners for $1.3 billion in May 2013. Allflex designs, manufactures and sells livestock species and companion animal identification and monitoring products […]
The Riverside Company has increased its investment in Soothe, a provider of lead generating services for home massage therapists, by $35 million. The new investment follows a $10.6 equity investment that Riverside made in the company in August 2015. Soothe connects independent massage therapists looking for incremental lead flow to consumers seeking a means to […]
Eureka Growth Capital has finished a dividend recapitalization of West Academic Publishing, a provider of learning materials for the law school market. West Academic was created in February 2013 by Eureka Growth to acquire the Thomson Reuters’ law school publishing business. Today, West Academic Publishing provides legal textbooks, casebooks, study guides and other course-related materials […]
VetCor Group Holdings, one of the largest operators of veterinary hospitals in the US, has completed a majority recapitalization led by Harvest Partners and Cressey & Company. Cressey & Company first invested in VetCor in February 2010 and maintains an equity ownership in the business. VetCor owns and operates 137 veterinary hospitals across 19 states […]
The Ontario Teachers’ Pension Plan (Teachers) has increased its ownership in Shearer’s Snacks by purchasing additional equity from Wind Point Partners. In November 2012, Wind Point and Teachers partnered with C.J. Fraleigh, the former CEO of Sara Lee – North America, to acquire Shearer’s Foods, a manufacturer of private label salty snacks and kettle cooked […]
Cyprium Partners has made a new subordinated debt investment in Hobbico. The capital was used to refinance the company’s existing indebtedness and to fund its ongoing growth. This was Cyprium’s second investment in Hobbico since 2010 and was made out of the firm’s fourth fund. Hobbico is a distributor of radio-control models and general hobby […]
Versa Capital has recapped its portfolio company Bell and Howell which it acquired in June 2011. In so doing, Versa created BCC Software as a new company independent of its former parent, Bell and Howell. Versa now holds majority ownership positions in both Bell and Howell and BCC, and in connection with the transaction Monroe […]
Water Street Healthcare Partners and JLL Partners have merged their portfolio companies CCBR-SYNARC and BioClinica to create a global provider of specialty outsourced clinical services. CCBR-SYNARC was acquired by Water Street in April 2013 and JLL Partners acquired BioClinica in January 2013. “This merger creates a market leader uniquely positioned to support pharmaceutical companies with […]
Z Capital Partners has acquired an equity stake of a non-strategic minority holder and increased its equity ownership of Real Mex Restaurants, a full service, casual dining Mexican restaurant chain. As a result of this transaction, Z Capital is now the largest shareholder of Real Mex. Concurrent with this transaction, Real Mex has announced that […]
Grey Mountain Partners has made an additional investment in its portfolio company Ajubeo, a provider of virtual datacenters and cloud infrastructure-as-a-service. The Ajubeo service offering includes virtual datacenters, virtual desktops, cloud-based disaster recovery, cloud-based data backup and restore, and cloud-based systems and application monitoring. Cloud hub locations include data centers in Denver, New York, and […]
