E&Y: Bribery a Surprising Option for Some Senior Executives

E&Y: Bribery a Surprising Option for Some Senior Executives

The competitive landscape continues to be distorted by unethical conduct. More than one-third of the respondents believe corruption is widespread in their country and this is perceived to be significantly higher in rapid-growth markets (e.g., Brazil – 84 percent, Indonesia – 72 percent, Turkey – 52 percent). Financial statement fraud remains an important risk across […]

Kilmer Capital Partners Acquires Atelka

Kilmer Capital Partners Acquires Atelka

It was announced today that Kilmer Capital Partners has acquired a majority interest in Atelka, a contract management services company. “This transaction will allow us to inject new funds in the organization in order to sustain its performance, expand our services and explore new markets,” said Georges Karam, CEO of Atelka. Atelka is a call […]

Avista Capital Partners Exits Navilyst Medical

Avista Capital Partners Exits Navilyst Medical

AngioDynamics, a medical devices company, has completed its acquisition of Navilyst Medical, a portfolio company of Avista Capital Partners. Based on AngioDynamics recent closing price of $12.44 a share the transaction is valued at $355 million. As a result of the acquisition, Avista Capital Partners received approximately 9.4 million shares of AngioDynamics common stock in […]

Arsenal Acquires Clifton Adhesives

Arsenal Acquires Clifton Adhesives

Royal Adhesives & Sealants, a portfolio company of Arsenal Capital Partners, has announced that Royal will acquire substantially all of the assets of Clifton Adhesives, a provider of adhesives and coatings. “Clifton has a long history supplying adhesives to the demanding aircraft and marine markets. The acquisition of Clifton and merger with Royal represents another […]

ICV Partners Acquires Pharmline

ICV Partners Acquires Pharmline

ICV Partners announced today that its portfolio company, Stauber Performance Ingredients, a manufacturer and distributor of nutritional ingredients and blends, has acquired Pharmline. “This is an important strategic step for Stauber and we are very pleased with the company’s first phase of growth over the past year. This acquisition represents the next step in building […]

Catterton Partners Exits MonoSol

Catterton Partners Exits MonoSol

Catterton Partners today announced that it has entered into an agreement to sell MonoSol, a manufacturer of water-soluble films used in consumer applications, including automatic dishwasher and laundry detergent unit-dose soluble delivery systems, to Kuraray Co. “Catterton has been a tremendous partner for us,” said MonoSol CEO P. Scott Bening. “In addition to providing consumer […]

Angelo, Gordon & Co. Acquires Benihana

Angelo, Gordon & Co. Acquires Benihana

Benihana, operator of the nation’s largest chain of Japanese theme and sushi restaurants, today announced that it has entered into an agreement to be acquired by Angelo, Gordon & Co. in a transaction valued at approximately $296 million. Under the terms of the merger agreement Angelo Gordon will acquire all of the outstanding shares of […]

Vista Equity Partners Acquires Silverchair Learning Systems

Vista Equity Partners Acquires Silverchair Learning Systems

It was announced today that Vista Equity Partners has acquired Silverchair Learning Systems, a provider of online learning and communication services to the senior care industry. Silverchair Learning Systems (SLS) is an accredited online education and communication systems provider that works with senior care providers who want to improve training and communications (both internal and […]

Comvest Group Invests in Primo Water

Comvest Group Invests in Primo Water

The Comvest Group, through its debt fund, Comvest Capital II L.P., has provided a $15.1 million term loan to Primo Water Corporation, a national provider of water dispensers, bulk bottled water and sparkling beverage appliances. “These new financing arrangements provide Primo with flexibility to execute our growth plans across our product lines,” said Primo CFO […]

Is a “flood of deal activity” on its way?

Is a “flood of deal activity” on its way?

In its latest report on the private equity industry, GF Data reports that deal volume in the first quarter of 2012 exceeded expectations. The active contributors to GF Data’s reports – 167 middle-market private equity firms – reported on 45 deals completed in the first quarter of 2012, down slightly from the 50 completed deals […]