Los Angeles-based private equity firm Vance Street Capital LLC has acquired a majority interest in Micronics Inc, a manufacturer of aftermarket filtration products and OEM custom filter presses. The Micronics management team will also have ...
Tags: Processing Machinery
Dell blamed Microsoft's Windows 8 as one of several causes for its grim financial future, according to a filing with securities regulators. "The difficult environment faced by the Company as a result of its underperformance relative to a ...
Tags: DELL, Computer Products, software
Dell last week released a filing to the US Securities and Exchange Commission (SEC) that highlighted commercial considerations that led to the firm looking to go private, citing the financial outlook for the PC market as a primary reason. ...
Tags: Computer Products, dell, software
Adverse conditions in the water sports apparel market are leading to a rise in industry takeovers. Many companies enjoyed massive growth until the mid-2000s but the global economic crisis has depressed sales and reduced profit margins. In ...
Tags: water sports apparel market, water sports apparel, apparel market
US-based private equity firm Kinsale Capital Partners has acquired Managed Packaging Systems in Hartland for an undisclosed value. Corporate Finance Associates advised the packaging company with regard to the acquisition. Corporate ...
New York-based private equity firm Southport Lane has acquired property and casualty insurer Dallas National Insurance in Texas, for an undisclosed sum. As per terms of the agreement, which was originally signed in May 2012, the acquirer ...
Tags: National Insurance, insurer, Insurance
Seattle, Washington-based NCA partners, a private equity firm, announced Wednesday that the majority of the owners of Calgary, Alberta-based metal buildings manufacturer Warwick Industries Ltd. and Calgary-based structural steel fabricator ...
Tags: Seattle, NCA, Warwick Industries, Kent Steel
US private equity firm TPG Capital has entered into an agreement to acquire Australia's leading poultry processor Inghams Enterprises for approximately A$880m ($901m). TPG Capital overcame competition from several other bidders in the ...
US-based Private equity firm Genstar Capital has purchased a retail insurance brokerage organization Acrisure, in an undisclosed deal. Acrisure co-founder and CEO Greg Williams said that the deal will offer extra resources and precious ...
Tags: Private equity firm, Genstar Capital, retail insurance, Acrisure
VMG Partners, a private equity firm that specializes in investing in and building branded consumer product companies in the lower middle market, today announced the promotion of Wayne K. Wu to Principal. "As we continue to grow and build ...
Tags: VMG Partners, equity firm, company news
Heinz has reported underlying third-quarter earnings that beat Wall Street forecasts, although its sales came in under analyst estimates. The US food giant yesterday (21 February) booked earnings per share for continuing operations and ...
Tags: Heinz, food giant, food
US investment banking and securities firm Goldman Sachs Group has disposed of its 75% stake in the Bermuda-based insurance and reinsurance company Ariel Re, for an undisclosed sum. Sources familiar with the matter were quoted by the ...
Tags: investment banking, stake, insurance
Chicago-based private equity firm CIVC has disposed of underwriter of vehicle service contracts GWC Warranty (GWC) to Stone Point Capital. Further terms of the transaction have not been disclosed. Headquartered in Wilkes-Barre, ...
Tags: CIVC, private equity firm, GWC
The US Securities and Exchange Commission has launched legal action against unknown traders over claims they broke rules when trading in Heinz options before the US$28bn deal to buy the food giant was announced. The SEC claims traders had ...
Tags: SEC, legal action, Heinz Options
Heinz has agreed to be bought by Warren Buffett's Berkshire Hathaway fund and private-equity firm 3G Capital for US$28bn - the largest-ever takeover in the food sector. In a shock announcement today (14 February), the US food giant said ...
Tags: Heinz, Warren Buffett, 3G Capital