Pamlico Capital invests in Protera Technologies
Pamlico Capital (Pamlico) has made a growth investment in Protera Technologies (Protera), a provider of public cloud-centric application management and migration services for SAP software, as well as other enterprise IT outsourcing services. CEO Dean Adamopoulos, CTO Patrick Osterhaus, and the management team will maintain significant ownership in Protera and continue to manage the growth […]
LLCP portfolio company Trinity Consultants acquires SESPE Consulting
Trinity Consultants (Trinity), a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired SESPE Consulting (SESPE), a California-based provider of environmental compliance and permitting services including air quality, stormwater and water quality, and land use planning, to clients across a diverse set of industries. Trinity is a provider of regulatory-driven environmental, health & safety […]
Exotel closes A91-led round; Mumbai Angels investors exit with bumper returns
Exotel Techcom Pvt Ltd has handed handsome returns to some of its earliest investors from angel network Mumbai Angels as the cloud telephony platform closed a new round led by venture capital firm A91 Partners that was floated by former Sequoia executives. Exotel said in a statement that some of the early Mumbai Angel investors […]
STAR Capital acquires Rail Operations (UK) Limited
STAR Capital Partnership (STAR), has acquired Rail Operations (UK) Limited (ROUK), a provider of rolling stock movement and storage services to the UK rail industry through its subsidiaries Rail Operations Group Limited (ROG) and Rail Operations (Rolling Stock Management) Limited (Traxion). In addition, ROUK has established a new subsidiary, Orion, to provide high speed logistics […]
Access Holdings’ CWON acquires Okie Express Wash
Car Wash Owners Network (CWON), a portfolio company of Baltimore-based Access Holdings, has closed its investment in Okie Express Auto Wash, a car wash operator in the Oklahoma City market. Financial terms were have been disclosed. Founded in 2008, Okie owns and operates 11 premier express car wash locations known across Oklahoma City. Okie washes […]
Suez Gets Proposal From Ardian, GIP for Friendly Takeover
Suez SA said it received a letter of intent from two funds proposing an amicable takeover, the latest development in the French water company’s attempts to fight off being swallowed by rival Veolia Environnement SA. Private equity firms Ardian and Global Infrastructure Partners would offer 18 euros ($22) a share, Suez said in a statement […]
Hain Celestial sells Orchard House juice business to private equity firm Elaghmore
The Hain Celestial Group, Inc. a leading organic and natural products company with operations in North America, Europe, Asia and the Middle East providing consumers with A Healthier Way of Life, today announced that it has completed the divestiture of its U.K. fruit business, including the Orchard House Foods Limited business and associated brands, to […]
Canada’s Couche-Tard in takeover talks with France’s Carrefour
Supermarket groups confirm early-stage discussions are under way on potential $50bn tie-up Canadian convenience store group Alimentation Couche-Tard has approached France’s Carrefour about a takeover that would combine two retail groups jointly worth more than $50bn. The talks were at an early stage, the companies said on Tuesday night in separate statements. Couche-Tard, which owns […]
PACKAGING LEADER TRICORBRAUN GETS NEW PRIVATE EQUITY OWNER
TricorBraun has entered into a definitive stock purchase agreement with funds managed by Ares Management Corporation’s Private Equity Group and Ontario Teachers’ Pension Plan Board. Ares and Ontario Teachers’ will acquire a majority interest in the Company. TricorBraun’s management team, including Executive Chairman Keith Strope and President and CEO Court Carruthers, will continue to lead […]
American Pacific Group launches Yukon Wellness Holdings and completes acquisition of Eu Natural
American Pacific Group (APG), a San Francisco-based private equity firm, together with Joe Falsetti of Dana Holdings, has formed Yukon Wellness Holdings (Yukon Wellness), a company that will serve as a platform to acquire and grow consumer wellness brands. Simultaneously, Yukon Wellness acquired Eu Natural, a fast-growing provider of vitamin and mineral nutritional supplement products. […]
