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Linsalata Capital Acquires H.H. Franchising Systems
Linsalata Capital Partners (LinCap), a Cleveland-based private equity firm, announced that it has acquired a majority interest in H.H. Franchising Systems, Inc. (“Home Helpers”). The acquisition of Home Helpers is the sixth platform investment in Linsalata Capital Partners Fund VI, L.P., a $427 million fund focused on lower middle market transactions. Terms of the Home Helpers acquisition were not disclosed. Full investment news article
GTCR, Fiorentino Enter Partnership To Form TerSera Therapeutics
GTCR, a leading private equity firm, announced today that it has entered into a partnership with Ed Fiorentino to form TerSera Therapeutics LLC (“TerSera”). The new company will focus on acquiring specialty pharmaceutical companies and products as part of a strategy to build a leading company in the industry. Initial target acquisition opportunities include products which are already approved or currently marketed, as well as late-stage development assets. Full investment news article