Blue Point, in Partnership with Portfolio Company VRC Engineered Solutions, Finds Perfect Fit in Cascadia Acquisition
Blue Point Capital Partners (“Blue Point”) and its Blue Point IV portfolio company, VRC Engineered Solutions (“VRC”), announced today the acquisition of Cascadia Custom Molding (“Cascadia”). The acquisition will expand VRC’s product offerings and geographic footprint while enhancing manufacturing capabilities and diversifying end markets served. For over 40 years, Cascadia has provided high-quality thermoplastic components […]
Oak Hill Capital Completes Acquisition of Otelco Inc.
Otelco Inc., a wireline telecommunications services provider in Alabama, Maine, Massachusetts, Missouri, New Hampshire, Vermont, and West Virginia, today announced an entity formed by Oak Hill Capital, a private equity firm, completed its acquisition of Otelco Inc. for $11.75 per share in cash, representing a total equity purchase price of approximately $40.6 million. As a […]
Eurazeo Brands to acquire majority stake in French pet food brand Ultra Premium Direct
Eurazeo Brands, the division of Eurazeo focused on high growth, differentiated consumer brands, has signed an exclusivity agreement under which it will invest EUR68 million in Ultra Premium Direct as a majority shareholder. Eurazeo is investing alongside co-founders Sophie Wincker and Matthieu Wincker and Eutopia, existing minority shareholder via Otium Consumer, which would reinvest in the […]
H.I.G. Capital Acquires Landmark Resort Hotel in Norway
H.I.G. Capital, LLC (“H.I.G.”), a leading global alternative investment firm with over €36 billion of equity capital under management, announced today that an affiliate has recently completed an investment in Hotel Ullensvang, a 170-key upscale waterside resort located in Norway’s Hardangerfjord. An institution in the Norwegian hotel market, the resort is set in stunning landscape […]
Audax Private Equity Completes Sale of Altasciences to Novo Holdings
Audax Private Equity (“Audax”) today announced that it has successfully completed the previously announced sale of Altasciences to Novo Holdings Altasciences is a leading, fully-integrated, early drug development services platform, providing the pharmaceutical and biotech industries with a trusted partner for drug development, from preclinical safety testing through clinical proof-of-concept studies. Headquartered in Laval, Quebec, […]
Odyssey Investment Partners invests in SIAA
Odyssey Investment Partners, a growth-oriented private equity firm with a successful track record in insurance services, has partnered with the SIAA (Strategic Insurance Agency Alliance) management team to acquire the Company. SIAA’s chairman and founder, Jim Masiello, says: “We’ve been exploring our perpetuation options for some time now, with special consideration to the ongoing success […]
Santander offers to buy outstanding stake in Mexican unit
Spain’s Banco Santander said on Friday it will offer to buy the 8.3% stake in its Mexican unit it doesn’t already own, strengthening its grip on its Latin American businesses. Santander is offering Banco Santander Mexico minority shareholders 24 Mexican pesos per share, representing a 24% premium on the March 25 closing price and a […]
Nordic Capital sells MFEX to Euroclear
Nordic Capital has signed an agreement to sell MFEX, a global independent fund distributor, to Euroclear. During Nordic Capital’s ownership, MFEX has successfully repositioned itself from a Nordic player to a pan-European leader with an emerging global presence. The two companies are complementary and will build on each other’s strengths. The combination of MFEX’s innovative […]
Explore acquires minority stake in Sociétéinfo
Explore, a specialist in the development of B2B business solutions, has taken a minority stake in Sociétéinfo (SmartData) with the support of Activa Capital. This transaction demonstrates the ability of Activa Capital, Explore’s majority shareholder, to support entrepreneurial managers in the transformation of growing SMEs and the structuring of external growth operations. Laurent Nicouleau, Co-founder […]
Navis to Be Acquired by Leading Technology Investment Firm Accel-KKR
Navis, a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, announced that Accel-KKR, a Silicon Valley-based technology-focused investment firm, has reached an agreement to acquire Navis from Cargotec. The transaction is subject to normal regulatory approvals and works council consultation in […]
